Elon Musk-backed SpaceX has raised an additional $250 million (€245.5m) in an equity round during July. The extra cash means that SpaceX has raised some $2 billion this year. CNBC, in a May report, says that the cash then raised puts a value on SpaceX of more than $127 billion. It is also suggested that […]
Elon Musk is backing out of his proposed $44 billion (€43.5bn) acquistion of social media site Twitter, alleging multiple breaches of the agreement. Musk made his movie back in April, sayng he wanted “to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating […]
Elon Musk’s Starlink broadband-by-satellite system can now be used for caravans, RVs, boat and aircraft operators thanks to the FCC’s decision to approve access to mobile services. “Authorising a new class of terminals for SpaceX’s satellite system will expand the range of broadband capabilities to meet the growing user demands that now require connectivity while […]
OneWeb already has some two-thirds of its 648 broadband constellation in orbit while Amazon’s Kuiper has yet to start launching its initial fleet of 3,236 satellites. Elon Musk’s Starlink has launched 2,706 craft into their target low Earth orbits. Some of the Starlinks have failed but OneWeb and Kuiper have agreed a set of planned […]
Reports suggest that SpaceX has acquired land East of Austin, Texas, to build its ‘Project Echo’. The new project involves a new warehouse built on some 170 acres of land. The local application covers construction in Bastrop County, and which is located not far from a new Tesla factory and where Elon Musk’s Boring Company […]
Elon Musk has had a spectacular few days. A successful launch on June 17th, when a SpaceX rocket placed 53 Starlink satellites into orbit, was followed the next day with the launch of the SARah-1 German military mission from the Vandenberg Space Force Base in California, and where the booster rocket returned to land. A […]
Technically, Elon Musk’s Starlink is working well. Musk’s generous supply of free Starlink terminals to fighters and military logistical technicians in Ukraine is both praiseworthy and a clear example as to how emergency supply of equipment can be managed. But making Starlink work for a global audience is a different – and major – problem, […]
Elon Musk says that he is unlikely to take his Starlink broadband-by-satellite system into public ownership for another three to four years. Musk emphasised, as he has previously, that the Starlink business needs to be “in a smooth sailing situation” with “good predictability” before it goes public. “I’m not sure exactly when that [IPO] is, […]
The Starlink broadband network has regained permission to operate in France following a public consultation in the country, with telecoms regulator Arcep granting a 10-year licence to operate. There have been a number of highly-vociferous objectors to the Elon Musk-owned service being allowed to operate in France. Arcep had previously approved in February 2021 Starlink’s […]
Elon Musk has confirmed that SpaceX has built the first Starlink 2.0 satellite, which will be much larger and more powerful than the original versions. However, Musk’s Starship mega-rocket is the only way SpaceX will be able to get volume production of Starlink 2.0 into their orbits. The new satellite design is 22 feet (7 […]