Elon Musk has again stressed that there is absolutely no rush to spin-off his SpaceX Starlink broadband-by-satellite business. He told Fortune magazine that having floated his Tesla car business (in 2010) he preferred Starlink to stay private. Of course, would-be investors have their eyes on a probable significant return on an Starlink investment, so the […]
Elon Musk’s SpaceX has applied to the FCC for permission to place 12 US flagged ‘Drone Ships’ in an experiment to fill the maritime gaps. The tests will run from January 1st to June 29th 2024. The Drone Ships will be placed in US territorial waters in the Atlantic and Pacific oceans. The SpaceX request […]
Since the announcement in April 2022 that Elon Musk would be buying Twitter (now X), it’s safe to say that it’s become one of the most talked about social media platforms on the market. With name changes, new features being added (and removed) and plenty of controversy, it’s been a lively year for X. But […]
A planned launch from Vandenburg Space Force Base of 21 Starlink satellites on February 15th 2024 will contain the first batch of Elon Musk’s ‘direct to cell’ craft. Six of the 21 satellites are described as “trailblazers” and are equipped to handle direct to device communications including cellphones. The remining 15 craft are conventional Version […]
SpaceX is looking to raise more than a half-billion dollars in fresh equity by selling so-called ‘insider shares’ priced at about $95 per share, according to a Bloomberg report. If successful, the tender offer would result in a valuation for SpaceX of some $175 billion (€162.4bn). This move underscores SpaceX’s growing prominence in the commercial […]
Communication permissions for Elon Musk’s third test flight of the SpaceX Starship has been issued by the FCC. The communications licence covers a period from December 1st to January 6th 2024. The formal communications licence was issued to SpaceX on November 28th, but is not permission to actually launch. Those final permissions will come from […]
Elon Musk made a high-profile and controversial visit to Israel on November 27th, meeting Bibi Netanyahu and touring some of the war-affected areas. Musk’s visit also saw Israel’s Ministry of Communications confirm an agreement on Starlink operations over Israel – and potentially including the Gaza region providing the Ministry gives its specific approval for coverage. […]
SpaceX plans to sell new shares in December to investors, according to reports. Elon Musk raised around $750 million (€686.9m) in July this year for SpaceX. SpaceX is a closely held business and is expected to issue a tender offer which values the company at about $1.5 billion. The cash raised in July gave the […]
Eutelsat CEO Eva Berneke, in an interview with Agence France-Presse (AFP), has said that Eutelsat OneWeb intends to form a viable competitor to Elon Musk’s Starlink and provide superfast internet and broadband from space. She told AFP: “We have a lot of customers who want us to get there quickly. They tell us they took […]
The United Launch Alliance (ULA), a joint-venture between Boeing and Lockheed Martin (L-M), is up for sale. The rocket builder now has potential bidders emerging. The three names currently being reported on include a private equity business, Jeff Bezos’s Blue Origin rocket company and an unnamed aerospace firm which is said to be well-capitalised. The […]