Elon Musk’s SpaceX has raised more than $1bn in last six months May 25, 2019 SpaceX has raised more than $1bn (£786m) in financing over the last six months, including $535.7m in an offering that began in April, its regulatory filings on Friday showed. Elon Musk's company is aiming to roll out a high-speed internet service by using a number of satellites in space. Read more: Elon Musk's Space X [...]
Elon Musk’s Space X launches 60 satellites for Starlink internet project May 24, 2019 Elon Musks’s Space X, the private aerospace company, has launched 60 small satellites into orbit today, marking a major step for the billionaire entrepreneur’s space-based internet system Starlink. Read more: Elon Musk says Tesla will launch a fleet of robotaxis in 2020 A Space X Falcon 9 rocket carrying the satellites, which each weigh about 230kg [...]
Tesla CEO Elon Musk faces trial over British diver ‘pedo’ tweet May 13, 2019 Elon Musk is set to face trial after calling a diver who helped rescue the Thai schoolboys trapped in a cave a ‘pedo’ in a tweet. Vern Unsworth is suing Tesla founder Musk after the billionaire called him a “pedo guy” on Twitter. Read more: Why Elon Musk now owes $507m to banks The Brit [...]
Amazon founder Jeff Bezos unveils plans to send a Blue Origin rocket to the moon by 2024 May 10, 2019 Amazon owner Jeff Bezos has unveiled plans to send a spaceship to the moon by 2024 in his latest attempts to become a leader in space exploration. An unmanned rocked, called Blue Moon, will be around the size of a house, and carry four rovers and other scientific equipment to the moon, he said. Bezos, who [...]
Watch billionaire Elon Musk’s Space X land all three Falcon Heavy rocket boosters April 12, 2019 Space X successfully landed its three rocket boosters for the first time yesterday, following the delivery of its first commercial payload. Read more: Splashdown: Space X capsule returns to earth The company, which is owned by billionaire Elon Musk, launched its Falcon Heavy rocket from NASA's Kennedy Space Center in Florida. The rocket was launching [...]
Inmarsat prepares to leave stock market in $3.4bn private equity deal March 25, 2019 Private equity firms have sealed a $3.4bn (£2.58bn) deal for UK satellite operator Inmarsat, sending its shares up seven per cent in early morning trading. The agreement will see the successful bidders pay $7.21 (546p) per share for the firm, a premium on its Friday close price of 506.2p. Read more: Inmarsat shares jump 16 [...]
Futuristic entrepreneurs are helping us reach for the stars March 11, 2019 Houston, there is no problem. America is back in the space race. “We’re really at the forefront,” says US President Trump. “Nobody is doing what we’re doing.” He’s right. But in a break with tradition, the US is now leaning on its entrepreneurs, rather than the Federal Reserve, to fund its interplanetary aspirations. The latest [...]
US firm Indigo Partners sets new terms for Icelandic airline Wow Air investment March 9, 2019 Indigo Partners has set new terms for its proposed investment in Icelandic airline Wow Air, which has faced months of financial difficulty and was forced to ask lenders for an extra month to negotiate with the US investment company two weeks ago. The firm had originally proposed to inject $75m over 10 years in return for a 49 [...]
Space X unmanned capsule splashes down after space centre mission March 8, 2019 An unmanned capsule from Elon Musk’s Space X has splashed down successfully in the Atlantic Ocean after a short-term stay on the International Space Station. The landing marks the end of the first orbital test mission as NASA looks to resume human space travel from US soil this year. Read more: Space X Dragon capsule successfully [...]
Space X Dragon capsule successfully docks with International Space Station March 3, 2019 A capsule launched by Elon Musk’s Space X successfully docked with the International Space Station (ISS) today as part of its demonstration mission. The Dragon vehicle made the attachment autonomously having launched on Saturday from Kennedy Space Center in Florida. The 4.9 metre tall capsule contained a dummy called Ripley and 90kg of supplies. It [...]