Robinhood Billionaire’s Solar Space Firm Raises $50 Million

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Summary

A Silicon Valley startup run by the billionaire co-founder of brokerage firm Robinhood Markets Inc. is receiving new funding for a plan to build a solar power grid in orbit.Baiju Bhatt s Aetherflux Inc. announced on Wednesday a $50 million fundraising round co-led by Index Ventures and Interlagos.

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