Chipotle, SpaceX and MoneyGram move crypto adoption forward as layoffs impact industry June 6, 2022 Data from CryptoCompare shows the price of Bitcoin started last week with a sharp move toward the $32,000 mark before plunging to $29,000.
Lots of luck on moon trip: Biden jibes Musk on ‘super bad feeling’ about economy June 4, 2022 President Joe Biden has scorned Tesla founder Elon Musk after the tech boss cited a “super bad feeling” about the economy amid plans to slash jobs. Speaking on Friday, the US President pointed out that while the electric carmaker said it needed to axe one in 10 jobs, rival Ford was “overwhelmingly” increasing investment. “While [...]
Business of Space: A peak at NASA’s increasingly lucrative commercial deals June 3, 2022 City A.M.’s Millie Turner offers up a roundup of the most important news across the space industry, every Friday. Next generation spacesuits SpaceX vs Boeing This weekend’s launches Next generation spacesuits Axiom Space and Collins Aerospace have been tasked with building the next generation of spacesuits for NASA, as the US agency looks to get boots on the Moon. The [...]
Space SPACs: Uncertainty surrounds the mega-IPOs of the future May 26, 2022 The climate and energy crisis on Earth has markets rattled, but could investors be wooed by the plan to put nuclear energy plants on the moon and make humans interplanetary? Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX, and satellite spinoff Starlink, have been pegged by analysts to be the mega-IPOs of the future for [...]
Boeing prepares to bring Starliner home, as spaceship helps restore its reputation May 25, 2022 Aerospace giant Boeing is prepping to bring its Starliner capsule back to Earth today, following its successful docking at the International Space Station (ISS) five days ago. It will be the final step in the test flight, which will prove whether Boeing’s unmanned space vehicle will be a viable option for astronauts being ferried to [...]
When Musk met Bolsonaro: Brazilian President says Twitter takeover will be a ‘breath of hope’ May 20, 2022 Brazilian President Jair Bolsonaro has said that Elon Musk’s proposed takeover of Twitter was “a breath of hope” for him. Bolsonaro said that he hoped the U.S. billionaire would show the world during Musk’s visit to Brazil how much the country does to protect the Amazon. The two will discuss a potential partnership on rural [...]
Elon Musk rejects ‘wild accusations’ SpaceX paid $250,000 to flight attendant over sexual misconduct claim May 20, 2022 Elon Musk has rejected “wild accusations” his SpaceX firm paid $250K to settle a claim of alleged sexual misconduct by a former flight attendant. The Tesla owner responded to a story first reported by Business Insider, which said that a claim was made in 2018 against him, by someone who previously worked for SpaceX. The [...]
China raises alarm over military capabilities of Elon Musk’s Starlink May 10, 2022 The official newspaper for China's military has taken aim at Elon Musk's Starlink satellites over concerns about their military capabilities.
Elon Musk’s $44bn Twitter takeover bid hit with lawsuit May 7, 2022 Elon Musk and Twitter have been sued by a US pension fund seeking to block the Tesla CEO's $44bn (£35.6bn) takeover of the platform.
Business of Space: The things you can do with a commercial hand May 6, 2022 City A.M.’s Millie Turner offers up a roundup of the most important news across the space industry, every Friday. This week: SpaceX deepens commercial ties with NASA Artemis: NASA latest stage in returning to the moon Space regulations race to catch up with technology SpaceX and satellite spin-off Starlink SpaceX brought four astronauts back down to Earth last night, as [...]