The hype for the upcoming SpaceX Initial Public Offering (IPO) will come to a head on June 12th when SpaceX is scheduled to officially go public on the Nasdaq exchange under the ticker symbol ‘SPCX’. The fans, the Elon Musk faithful and certainly some major banks, are all backing the Musk factor and in some […]
Tom Mueller, the former SpaceX CTO and aerospace engineer (he was Employee #1) and responsible for the design of the SpaceX’s rocket engines, is now CEO of Impulse Space. He has a net worth of a reported $1.3 billion. Mueller wants to circle the planet with fleets of outer space taxis. He has been described […]
Eutelsat suffered a significant 23 per cent fall in its share price last week to just €3.05. Taking a longer view its shares are up year-on-year by 70 per cent. It seems there are anxieties about its end-of-year trading (Eutelsat’s trading year ends on June 30th) with concerns about its debt load. Eutelsat’s net debt […]
Professor Tim Farrar (of TMF Associates) has taken a deep dive into Starlink’s consumer business prospects ahead of the imminent SpaceX IPO . The report pulls together the first detailed breakdown of how Starlink’s customers are distributed around the world, based on weekly monitoring of active terminals, and projects how the reported subscriber base and […]
SES CEO Adel Al-Saleh has said that SES is pursuing what he calls a “multi-orbit architecture,” which combines satellites in different orbital positions to provide connectivity resilience. “For mission-critical applications, CEOs don’t have time to think about their networks. They just need them to work,” he stated in an interview with the WSJ’s ‘Deloitte Perspectives’, […]
SpaceX’s upcoming Initial Public Offering (IPO) is looking to raise $75 billion (€64.6bn) and to price the offering’s shares at $135 per share. A Reuters report states that SpaceX will issue 555.6 million new shares. At $75 billion, the IPO would more than double the $29.4 billion raised by Saudi Aramco back in 2019, then […]
Geostationary satellite operator Viasat of California, which also owns UK-based Inmarsat, says it is confident that it can play a role in connectivity with airlines and their passengers despite the fast-growing success of SpaceX within in-flight communications and broadband supply. Viasat is far from alone in geostationary satellite operators chasing airline connections. SES/Intelsat is also […]
The explosion of Blue Origin’s New Glenn rocket on May 28th has caused extensive damaged to the launch pad which will set back future launches. There was also a fear that nearby boosters, stored at Blue Origin’s integration facility at the Kennedy Space Center were damaged. But Dave Limp, Blue Origin’s CEO, said on May […]
The battle between SpaceX, with its very well-established portfolio of orbiting satellites and rival AST SpaceMobile is heating up. Both want to establish their cellular connectivity credentials before Amazon Leo’s satellites enter the competition. But while Starlink has only a very basic cellular connectivity solution (although it will improve over the next year or so), […]
Not for the first time there are again rumours – wholly unconfirmed – that once the SpaceX IPO is floated and wrapped up, that Elon Musk will merge SpaceX with Tesla. The SpaceX IPO will happen on June 12th. The latest report originated on CNBC and suggested: · There is already massive company operational overlap. · […]