Elon Musk named Time’s 2021 ‘Person of the Year’ December 13, 2021 Tesla boss Elon Musk has been named Time magazine's 2021 "Person of the Year" this afternoon.
Japanese billionaire joins growing list of wealthy entrepreneurs heading for space December 8, 2021 Japanese billionaire Yusaku Maezawa has today joined the growing list of wealthy entrepreneurs in heading to space. Maezawa’s first launch, which will see him spend 12 days on the International Space Station, forms part of his goal to go to the Moon on SpaceX’s Starship in 2023. On the trip, via a Russian rocket, the billionaire [...]
Nasa to test planet’s defences against asteroids with spacecraft collision November 23, 2021 Nasa is set to test the planet’s defences against near Earth objects (NEOs) by slamming a spacecraft into an asteroid – in a bid to knock it from its path. The mission, known as a double asteroid redirection test, will test defence technologies and strategies in preventing dangerous asteroids and meteors impacting Earth. If all [...]
Rideshare for satellites: Exolaunch inks multi-million-dollar deal with SpaceX November 16, 2021 Launch services and in-space logistics firm Exolaunch has inked a multi-million-dollar deal with tech-billionaire Elon Musk’s SpaceX for a satellite rideshare service. The deal, which covers two years worth of transporter missions, will see Exolaunch’s customer satellites ferried into space by SpaceX rockets. Over 95 per cent of Exolaunch’s 3,000kg capacity on the SpaceX missions [...]
Billionaire Richard Branson sells off another $300m stake in Virgin Galactic November 16, 2021 British billionaire Richard Branson has sold off a further $300m worth of stock in his space venture Virgin Galactic, taking the total offloaded this year to some $600m. The unlocked capital is reportedly set to be pumped into Branson’s travel and leisure businesses, after emergency pandemic restrictions bruised profits. Shares sank more than four per [...]
Space: Reversing net zero progress or climate saving grace? November 9, 2021 The new space age, dubbed Space 2.0, could unleash a raft of climate benefits, such as real-time modelling – but the carbon-dense sector has environmental advocates nervous. Prince William has criticised the second revival of the space race and emerging space tourism which billionaire’s Richard Branson, Elon Musk and Jeff Bezos have been gunning for [...]
UK satellite company Inmarsat agrees £5.4bn takeover by U.S. rival Viasat November 8, 2021 The British satellite communications company Inmarsat has agreed a $7.3bn (£5.4bn) takeover by the U.S. rival Viasat.
Space race: Amazon seeks approval for 4,538 new satellites November 5, 2021 Amazon owned Kuiper has filed an application to launch 4,538 satellites into space as competition with Elon Musk’s SpaceX heats up. Both Bezos’ Kuiper and Musk’s SpaceX have filed applications to the FCC to allow the companies to build satellite fleets in low-Earth orbit as the tech giants line up to provide tens of millions [...]
Elon Musk says he’ll sell Tesla stock if the UN can show how he can solve world hunger November 1, 2021 Responding to comments from the United Nations World Food Program (WFP) director, David Beasley, who told CNN that global hunger could be solved a “one-time” payment from some of the world’s wealthiest people, Elon Musk tweeted: “If WFP can describe on this Twitter thread exactly how $6B will solve world hunger, I will sell Tesla stock right now and do it.”
Who wants to be a trillionaire? Musk in the race as Tesla profits hit record October 21, 2021 Morgan Stanley analysts believe Tesla’s founder and chief executive Elon Musk could become the world’s first trillionaire after the company’s results hit records, the Telegraph reported. The company’s revenues jumped 57 per cent to $13.7bn, with an operating income of $2bn and a 30 per cent increase in automotive gross margin while its shares more [...]