
$13 Billion for a Factory, Not a Lab
Castelion raised a $1.05 billion Series C, split between $800 million in equity and a $250 million credit facility, at a $13 billion valuation led by JPMorganChase, Andreessen Horowitz, and Carlyle. The capital funds a 1,000-acre factory to mass-produce hypersonic weapons, not more research.










