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Stoke Space raises $1 billion for next-generation reusable rocket

Stoke Space plans a more powerful reusable rocket after raising $1 billion in a funding round led by Point72 Ventures and Spark Capital. Series E valued the company at about $10 billion.

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Stoke Space plans to develop a more powerful reusable rocket after raising $1 billion in a funding round led by Point72 Ventures and Spark Capital. S. launch startup at about $10 billion, citing a person familiar with the matter. Stoke has raised…