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SpaceX

  • SpaceX lands $1bn investment from Google and Fidelity

    January 20, 2015

    SpaceX, the California-based rocket company, said it received a $1bn investment from Google and Fidelity. Google and Fidelity will together own just under 10 per cent of the company, which gives SpaceX a total valuation of $10bn. SpaceX, which is based by Tesla founder Elon Musk, said it will use the funding for innovation in [...]

  • Global internet users mapped: Google mulls SpaceX investment to bring developing world online

    January 20, 2015

    Google is considering an investment in Elon Musk’s company SpaceX, as part of a plan to deliver internet by satellite to the developing world and other areas that lack coverage. The deal has not been finalised, but would value SpaceX at around the $10bn (£6.6bn) mark, and would be a significant boost to the aim [...]

  • SpaceX rocket landing: Why did Elon Musk’s mission go wrong?

    January 10, 2015

    Today, the American firm SpaceX launched a rocket into space. After releasing its cargo up in the direction of the International Space Station (ISS), the rocket started to change direction and headed back down to Earth.   The plan was to eventually land the Falcon 9 rocket on a launch pad just off the coast [...]

  • SpaceX launch Q&A: Expert explains the science behind landing a reusable rocket

    January 8, 2015

    Tomorrow morning at 10:09am, SpaceX will launch its Falcon 9 rocket towards the International Space Station (ISS).   Once far enough into space, the rocket will release its Dragon cargo and gradually turn around to go back on itself. Then, for the first time ever, scientists will try to land a rocket on Earth.   [...]

  • Elon Musk reveals all in Reddit AMA shortly before SpaceX rocket launch cancelled

    January 6, 2015

    Elon Musk, Silicon Valley’s enigmatic answer to Richard Branson, had an interesting day yesterday. The soon-to-be-divorced (from English actress Talulah Riley, again) SpaceX founder was due to send one of his rockets, Falcon X, to the International Space Station – then safely land it back on earth to be used again, a first in rocket [...]

  • SpaceX Falcon 9 mission to International Space Station is put on hold until Friday

    January 6, 2015

    SpaceX's plan to send a rocket up into space and then land it safely back on Earth has been aborted until Friday.    The mission, which involves sending a cargo to the International Space Station (ISS) aboard rocket Falcon X, was almost ready to go this morning when a technical issue meant it had to [...]

  • Elon Musk’s SpaceX rocket landing: Here’s what you need to know about Friday’s International Space Station mission

    January 6, 2015

    On Friday, SpaceX will attempt to return a rocket to Earth for the first time ever. The Falcon 9 vessel will be launched into space, from where it will release its Dragon cargo spacecraft towards the International Space Station (ISS). It will then change direction and come back down towards Earth.    The attempted landing [...]

  • Elon Musk’s SpaceX wins Nasa commercial flight contract

    September 17, 2014

    It’s a good day for PayPal founder Elon Musk; his SpaceX corporation has been selected by Nasa as one of the two firms to design crew capsules for transporting astronauts to the International Space Station (ISS). The Commercial Crew Development programme has awarded SpaceX and Boeing a combined sum of $6.2bn to develop the capsules. [...]

  • Boeing and SpaceX will share a $6.8bn space taxi Nasa contract

    September 16, 2014

    NASA yesterday revealed Boeing and SpaceX will share a $6.8bn (£4.2bn) contract to fly astronauts to the International Space Station (ISS). Massive aerospace and defence company Boeing will get $4.2bn from Nasa to use its CST-100 capsule to ferry astronauts to the ISS. Meanwhile SpaceX, founded in 2002 by former Paypal entrepreneur and Tesla Motors [...]

  • Elon Musk: “I didn’t think SpaceX or Tesla would work”

    June 9, 2014

    Billionaire tech titan Elon Musk – the brain behind Tesla electric cars, a project to colonise Mars and Hyperloop – has more ideas in a year than most people in a lifetime. But speaking on Radio 4’s Today programme this morning, the serial entrepreneur admitted that he hasn’t always had faith that things will come [...]

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