Stoke Space, a Y Combinator alum founded by Blue Origin veterans, has successfully raised $260 million in a Series C funding round, bringing its total funding to $480 million. This follows a $100 million raise in October 2023 and a $75 million round in December 2021. The company aims to create the first fully reusable rocket, including both booster and second stage. Recent tests of its first-stage rocket engine were promising. The new capital will be utilized to expand facilities at Cape Canaveral Space Force Station, with participation from several prominent investors.