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Elon Musk's SpaceX nears $350 billion valuation in insider share talks

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

Elon Musk's SpaceX nears $350 billion valuation in insider share talks
Updated On : 03 Dec 2024 | 8:40 AM IST

Musk's SpaceX preparing to launch tender offer in Dec at $135 per share

Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies

Musk's SpaceX preparing to launch tender offer in Dec at $135 per share
Updated On : 15 Nov 2024 | 9:34 PM IST

Elon Musk-led SpaceX plans to launch 20 Starlink internet satellites today

SpaceX is launching 20 more Starlink satellites into space. The company operates over 6,400 Starlink spacecraft in LEO and out of these, over 250 are DTC satellites

Elon Musk-led SpaceX plans to launch 20 Starlink internet satellites today
Updated On : 29 Oct 2024 | 3:19 PM IST

Boeing-made communication satellite explodes in space, reason unknown

This is not the first loss for Intelsat. Earlier in 2019, the company had lost another Boeing-made satellite, IS-29e

Boeing-made communication satellite explodes in space, reason unknown
Updated On : 23 Oct 2024 | 3:28 PM IST

SpaceX Starlink to provide free emergency service for all phones: Elon Musk

Elon Musk said that the move was to ensure that no one is at risk due to an inability to pay for emergency services. The service would be available subject to approval from country governments

SpaceX Starlink to provide free emergency service for all phones: Elon Musk
Updated On : 28 Aug 2024 | 5:17 PM IST

Spacesuits to dome habitats: Inside Elon Musk's plan to colonise Mars

Musk, 53, has directed SpaceX employees to drill into the design and details of a Martian city, according to five people with knowledge of the efforts and documents viewed by NYT

Spacesuits to dome habitats: Inside Elon Musk's plan to colonise Mars
Updated On : 12 Jul 2024 | 4:54 AM IST

Elon Musk's Starlink satellites may cause Ozone layer harm, warns study

The study warned that SpaceX's Starlink satellites emit significant amounts of aluminium oxide gas, which leads to reactions with chlorine, ultimately destroying ozone molecules

Elon Musk's Starlink satellites may cause Ozone layer harm, warns study
Updated On : 20 Jun 2024 | 2:33 PM IST

Israeli govt approves operations of Elon Musk's Starlink satellite services

The Starlink company, owned and operated by SpaceX, operates communication services that include broadband internet via satellites and independent of communication centers located on the ground

Israeli govt approves operations of Elon Musk's Starlink satellite services
Updated On : 16 Feb 2024 | 6:59 AM IST

Musk's SpaceX illegally fired workers who criticized him, alleges NLRB

NLRB's complaint alleges that SpaceX management told workers it had terminated the employees because of their open letter, restricted others from distributing it, and threatened terminations

Musk's SpaceX illegally fired workers who criticized him, alleges NLRB
Updated On : 04 Jan 2024 | 7:13 AM IST

SpaceX launches giant new rocket, fails 2nd test flight due to explosions

SpaceX launched its mega rocket Starship on Saturday, but lost the booster and then the spacecraft minutes into the test flight. The booster had sent the rocketship toward space, but communication was lost eight minutes after liftoff from South Texas and SpaceX declared that the vehicle had failed. The trouble cropped up as the ship's engines were almost done firing to put it on an around-the-world path. Minutes earlier, the booster exploded, but not until its job was done, putting the ship on a course toward space. At 400 feet, Starship is the biggest and most powerful rocket ever built. The first test flight in April ended in an explosion soon after liftoff. SpaceX's giant new rocket blasted off from South Texas on a test flight Saturday, seven months after the first try ended in an explosion. The 397-foot (121-metre) Starship rocket thundered into the sky and arced out over the Gulf of Mexico. The goal was to separate the spaceship from its booster and send it into space. Spa

SpaceX launches giant new rocket, fails 2nd test flight due to explosions
Updated On : 18 Nov 2023 | 7:48 PM IST

SpaceX prepares for its mega rocket for second test flight from South Texas

SpaceX aimed for a second test flight of its mega rocket Starship on Saturday, counting down to a morning liftoff from South Texas. The first test flight in April ended in an explosion shortly after liftoff. The goal is to send the rocketship around the world before ditching it in the ocean near Hawaii. SpaceX spent the past several months making improvements to both the rocket and launch pad, located at the southern tip of Texas near the Mexico border. The Federal Aviation Administration gave the all-clear to fly earlier this week. The nearly 400-foot (121-metre) Starship is the world's biggest and most powerful rocket. SpaceX's Elon Musk intends to use a fleet of them to get people to the moon and Mars. If all goes well, the booster will drop into the Gulf of Mexico and the bullet-shaped spacecraft will continue out over the Atlantic and Pacific, before falling into the ocean near Hawaii. SpaceX is targeting an altitude of 150 miles (240 kilometers).

SpaceX prepares for its mega rocket for second test flight from South Texas
Updated On : 18 Nov 2023 | 5:56 PM IST

Amazon poised to launch long delayed satellites in race with SpaceX

It'll be the first in-flight test of Amazon's ambitious Project Kuiper initiative, on which it's pledged to spend more than $10 billion

Amazon poised to launch long delayed satellites in race with SpaceX
Updated On : 05 Oct 2023 | 11:58 PM IST

Elon Musk seeks new investors for Twitter at the same price he paid

Musk, who also runs Tesla Inc. and SpaceX, has acknowledged in the past that he paid too much for Twitter but has expressed confidence in its prospects in the long run

Elon Musk seeks new investors for Twitter at the same price he paid
Updated On : 17 Dec 2022 | 8:40 AM IST

SpaceX puts 40 OneWeb satellites into orbit from Kennedy Space Centre

This is OneWeb's 15th launch till date and second since it resumed its campaign with a launch from India in Oct

SpaceX puts 40 OneWeb satellites into orbit from Kennedy Space Centre
Updated On : 09 Dec 2022 | 6:52 PM IST

Start-ups line up for space glory, but still very far from 'SpaceX moment'

Roughly 70% of these start-ups were launched after 2020; of $245 mn that the sector has received in last seven years, $198 mn came after 2020

Start-ups line up for space glory, but still very far from 'SpaceX moment'
Updated On : 03 Dec 2022 | 12:15 AM IST

Vikram-S rocket launch shows what an Indian start-up can do: Skyroot exec

Company behind privately developed rocket is looking for investors, says its co-founder

Vikram-S rocket launch shows what an Indian start-up can do: Skyroot exec
Updated On : 21 Nov 2022 | 7:01 PM IST

Skyroot to signal India's SpaceX moment on Fri with Vikram-S rocket launch

The mission, named 'Prarambh', will be the first launch of a privately developed and operated launch vehicle from the country

Skyroot to signal India's SpaceX moment on Fri with Vikram-S rocket launch
Updated On : 15 Nov 2022 | 4:44 PM IST

SpaceX to seek permit from DoT for Starlink services in India: Report

Earlier this year, the Indian government asked Starlink to refund all its pre-orders until it received licences to operate in the country

SpaceX to seek permit from DoT for Starlink services in India: Report
Updated On : 12 Oct 2022 | 8:32 AM IST

SpaceX launches 54 Starlink satellites, lands rocket on ship at sea

Elon Musk-owned SpaceX has launched 54 more of its Starlink broadband satellites in orbit and landed a rocket on a ship at sea on Saturday night

SpaceX launches 54 Starlink satellites, lands rocket on ship at sea
Updated On : 28 Aug 2022 | 7:21 PM IST

SpaceX raises prices for rocket launches, Starlink satellite internet

The cost of the service, which had been $99 in the US, increased 11 per cent to $110

SpaceX raises prices for rocket launches, Starlink satellite internet
Updated On : 25 Mar 2022 | 7:16 PM IST