SpaceX’s value on course to rocket to $24bn as fundraising targets $500m | City A.M. April 12, 2018 Elon Musk’s SpaceX is plotting a new round of funding which could see its value skyrocket to almost $24bn (£16.9bn). The company hopes to raise $507m in a move that would make it the third highest-valued private company in the US. Filings obtained by private analytics firm Lagniappe Labs showed that the company had authorised [...]
A luxury space hotel is being launched by Orion Span in 2021 – but it will cost you £6.8m for a 12-night stay April 6, 2018 US company Orion Span has announced plans to open a luxury space hotel in 2021, giving guests a feel for zero gravity and, you’d imagine, some pretty spectacular views. The Aurora Station, as it has been named, will house six people at any one time for a 12-day stay, with one or more of those [...]
Should Mark Zuckerberg step down? April 4, 2018 THE CEO HAS changed. That’s no longer a secret. For the first time in history, chief executives and business leaders are virtually expected to be in the public eye, communicating with the customer and offering opinions on social and political issues. This can have commercial benefits. People buy from other people: therefore if organisations leverage [...]
Canadian start-up looking to raise £35m for project to rival Elon Musk’s Hyperloop April 4, 2018 A Canadian startup has entered the futuristic transportation race by issuing a call to arms to raise $50m (£35m) to develop its own hyperloop technology. Bloomberg reported that TransPod is looking to raise funds to develop its own Hyperloop, a project first proposed by Elon Musk’s Tesla and SpaceX. Hyperloop envisages passengers propelled in pods [...]
Tesla billionaire Elon Musk deletes his brands from Facebook as Cambridge Analytica offices raided March 24, 2018 Billionaire entrepreneur Elon Musk has deleted his Tesla and SpaceX brands from Facebook, following accusations that data firm Cambridge Analytica used data harvested from the social networking site to influence elections. In response to Twitter users calling for people to delete Facebook, Musk tweeted: “What’s Facebook?” When challenged to remove his own brands’ pages from [...]
Aston Martin in pole position as world’s fastest growing car brand as Brexit currency devaluation helps drive 268 per cent growth in brand value March 5, 2018 James Bond’s carmaker of choice Aston Martin saw its brand value grow by 268 per cent in 2018. The spectacular growth saw it top the table as the fastest growing car brand in the world in 2018 with a brand value of $3.6bn (£2.6bn), according to a report by research organisation Brand Finance. The British [...]
Revealed: Virgin billionaire Richard Branson on”Concorde 2″ supersonic travel, rival Elon Musk’s SpaceX and Hyperloop plans February 14, 2018 Could we see a new Concorde take to the skies? Billionaire entrepreneur Sir Richard Branson thinks so. The man behind the Virgin empire has said that a new era of supersonic travel is about to take off. “The next big thing, hopefully in my lifetime, will be supersonic travel coming back and people travelling around [...]
Without profit at Tesla, Elon Musk will be coming back to earth February 7, 2018 Last night, eccentric billionaire Elon Musk sent one of his own Tesla sports cars into outer space with the launch of the most powerful operational rocket the world has ever seen. The swagger and showmanship of the event should not distract from the significance of the launch, or the fact that Musk is an immensely [...]
SpaceX CEO Elon Musk unveils plans to send humans to the moon and Mars by 2024 at the International Astronautical Congress September 29, 2017 It’s official: not content with pioneering reusable rockets and re-stocking the International Space Agency, Elon Musk now wants to use SpaceX to let people travel to the moon and start colonising Mars. During a 40-minute presentation at the International Astronautical Congress in Adelaide this morning, it was revealed that SpaceX will start making smaller rockets [...]
The new space race: Private companies are getting into the business of space travel – and it could produce the world’s first trillionaire May 30, 2017 Five-minutes’ drive from Kennedy Space Center, among the marshes and pine trees of Merritt Island Wildlife Reserve, lies Shuttles Restaurant & Bar. On the back wall is a massive photograph of the Space Shuttle Atlantis, soaring into space on the back of an orange fuel tank. Bolted to its side are two white rockets, spouting [...]