Elon Musk has admitted in a memo to staff that problems with his massive Starship places SpaceX into a “genuine risk of bankruptcy”. SpaceX has let go a number of senior executives and adding that development work on the crucial Raptor engines has created a “disaster” for the company. “The Raptor production crisis is much […]
Barely two weeks since the last Starlink launch (on November 12th) a SpaceX Falcon 9 rocket is expected to place another (approximately) 53 of its broadband-by-satellite craft into orbit on December 1st. With the usual caution of bad weather the launch will take place from the Cape Canaveral Air Force Station at 18.20 pm Florida […]
India’s Department of Telecom (DoT) has said that Elon Musk’s Starlink broadband-by-satellite service is not licensed by India and the public should not subscribe to services. Local media says that Starlink Internet Services are already being advertised in the country. The DoT has also asked Starlink to comply with India’s regulatory framework for offering satellite-based […]
Elon Musk’s Starlink broadband-by-satellite system is running behind on supplying systems to potential subscribers. Starlink, on November 23rd, sent an apologetic email to clients still waiting for their satellite equipment. The email said more than 14 million people had enquired about a Starlink system and it was now available in more than 20 countries and […]
Elon Musk’s next-generation Starship is truly huge. Images give just an impression with humans dwarfed by the rocket. Elon Musk says its first launch could take place as soon as January provided that the scheme receives a Federal Aviation Authority (FAA) licence. Musk was talking to delegates at National Academies’ Space Studies Board and Board […]
Elon Musk is returning to Florida after a six-month gap to launch another batch of Starlink broadband-by-satellite craft. It is not known precisely how many Starlink satellites will be aboard the Falcon 9 rocket, but it is extimated there will be about 60. The launch will happen on November 12th “no earlier” than 7am EST. […]
Elon Musk’s Starlink broadband satellite business is talking to two Philippines-based telecom operators. The pair, namely Transpacific Broadband Group Int’l (TBGI) and fibre-optic broadband operator Converge ICT Solutions, are said to be looking to launch Starlink-based services in 2022, according to Bloomberg. The news comes on top of reports out of India that Musk has […]
Equity analysts at investment bank Morgan Stanley have recently given Elon Musk’s SpaceX a valuation of some $100 billion. The bank has given a detailed breakdown of its analysis. As with any financial forecast the bank gives three sets of metrics for its numbers: a ‘Bear’ (low) case, a ‘Base’ mid-point case and the (optimistic) […]
Tesla has helped entrepreneur Elon Musk become one of the two richest men on the planet, and frequently holding the top spot over Amazon’s Jeff Bezos depending on stock market valuations. A report from analysts at Morgan Stanley suggests that when SpaceX truly gets into gear with its Starlink broadband service as well as greater […]
Two years ago, French president Emmanuel Macron said he would create a Space Force. On October 12th, he backed up his promise with a €30 billion commitment for investment in France’s high-tech sectors. “We want to have Elon Musks in France,” he told an audience at the Elysée Palace. Macron said that Musk and his […]