SpaceX has unveiled Starshield, a new product and business division aimed at the US military and other government agencies concerned with national security. SpaceX/Starshield taps into Elon Musk’s now well-established mega constellation of low Earth orbiting craft and – helped by the FCC’s permission last week to expand the fleet by an additional 7,500 second […]
SpaceX is reported to be seeking to raise around $1 billion (€0.96bn) in fresh funding in a formal offering. If successful it would value Elon Musk’s business at around $150 billion, a 20 per cent increase in SpaceX’s value. The offering would be aimed at helping employees and shareholders cash out, two of the sources […]
Elon Musk has completed his $44 billion (€44.3bn) takeover of social media platform Twitter after several months of legal wrangling. The buyout saw the immediate exit of the firm’s top bosses – including its chief executive, chairman and finance chief. Musk, officially the world’s richest man, has acquired 100 per cent of Twitter, turning the […]
Elon Musk’s SpaceX has announced that Starlink has launched in Japan, making the country the first in Asia to deploy the broadband-by-satellite service. Starlink will, in particular, tap into potential demand from mountainous areas and remote islands suffering from spotty or hard-to-access internet service. The monthly service fee is 12,300 yen (€86.55) on top of […]
Elon Musk has seemingly changed his mind about buying social media platform Twitter, and is now willing to proceed with his $44 billion (€44.7bn) takeover. In a letter to the firm, Musk indicated he has agreed to pay the price he offered earlier this year before trying to back out of the deal. The reversal […]
Elon Musk has revealed on Twitter that SpaceX has now manufactured more than 1 million Starlink user terminals. Starlink has enjoyed a steady rise in its subscriber numbers. In March this year Starlink claimed 250,000 users. By May that had expanded to 400,000. By June this year the business claimed it had 500,000 users. That […]
September 24th saw Elon Musk’s SpaceX launch an additional 52 Starlink satellites (mission 4.35) into orbit at 7.32pm Florida time. Musk’s business also responded to US Secretary of State Antony Blinken’s request to advance internet freedom and the free flow of information to Iran. Musk said last week that Starlink, which is already available to […]
SpaceX and US cellular provider T-Mobile will launch a direct-to-phone satellite connection using SpaceX’s second-generation Starlink craft. At an event August 25th (dubbed ‘Coverage: Above & Beyond’) T-Mobile’s CEO and President Mike Sievert and SpaceX’s Elon Musk announced what they described as a breakthrough new plan to bring cell phone connectivity everywhere on the planet. […]
Elon Musk had, by now, hoped to be using the SpaceX Starship rocket to launch its Starlink satellites in significantly larger batches that the current 50 or so per flight. But various regulations have kept the Starship demo flights firmly on the ground. The delay in testing and launching Starships is impacting Musk’s plan to […]
The FCC has turned down Elon Musk’s SpaceX request for an $886 million (€860m) grant as part of the US government’s massive $20.4 billion rural broadband subsidy scheme. The FCC had previously awarded the sum back in 2020, but that move has now been rejected. In a statement, the FCC said the FCC said that […]