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Tech Funding News· Sofia Chesnokova·· 7 hours agoTop DealsAI Score71

EOS-X Space raises $120M at $1.2B valuation ahead of first commercial balloon flight

EOS-X Space raises $120M at $1.2B valuation ahead of its first commercial balloon flight

AI Overview

EOS-X Space raised €110M ($120M) from Global Emerging Markets at a $1.2B pre-commercial valuation.

Why it matters

The gap between EOS-X's $1.2B valuation and its revenue forecast, which implies more than 400 flights a year, shows how much of the balloon-tourism story still rests on a timeline that has already slipped twice.

Source:Tech Funding News · techfundingnews.com

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