The deal, done through private investment unit Moore Strategic Ventures LLC, values Fisker at more than $1.6 billion, a person familiar with the matter told Bloomberg.
Space Shuttle Atlantis launched for the last time on this day
The last launch of the space shuttle program happened nine years ago on July 8, 2011 when Space Shuttle Atlantis took off on STS-135 sending four people into space. One of them happens to be there today.
The fresh funding coincides with at least the fourth makeover for a company formerly known as Fisker Automotive since past Aston Martin design director Henrik Fisker founded it in 2007.
Audi's new CEO sees crisis giving struggling automaker an opening