Xona, a California startup building a satellite navigation network in low Earth orbit, has raised $250 million at a $2.45 billion valuation. Steve Jurvetson’s Future Ventures led the Series D, Xona said on Thursday. The round comes seven months after a…
It was identified in Euclid telescope imagery using software designed to detect moving objects.
Just before the Artemis II crew began its historic slingshot around the moon this past April, NASA announced plans to build Space Reactor-1 Freedom. SR-1, the first-ever nuclear-reactor-powered interplanetary spacecraft, is meant to fly an uncrewed mission to Mars by the end of 2028, arriving in 2029. A successful mission would herald a new era…
Elon Musk likes the idea but says he is not on either committee, which is made up of independent directors.
Tesla and SpaceX have formed special committees to discuss a possible merger, Elon Musk said during the latter’s third quarter earnings call Tuesday. Musk, who serves as CEO of both companies, said the special committees were formed at the request of shareholders and consist of independent directors (though he did not name them). He also […]
SpaceX CEO Elon Musk said the company would attempt to catch Starship and its booster next month, with the goal of recovering the entire orbital launch system for the first time. If successful, Musk said, the attempt would mark the first time in history an orbital launch vehicle has been fully recovered. “This is a […]
SpaceX announced revenues of $14.6 billion in its Q3 earnings on Tuesday, which it says was a growth of 161 percent year-over-year “fueled by our Super Intelligence (SI) segment and accelerated growth in Connectivity.” While its Space division posted a $7 million loss in income from operations, its Connectivity group posted income from operations $2.4 […]
President Donald Trump announced this afternoon that Elon Musk’s SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to “every kid in America” sometime next year. Musk had thanked Trump Account booster Brad Gerstner for “helping enable this,” and Trump appeared […]
Deutsche Telekom, Orange, Telefónica and Vodafone have signed a letter of intent to explore a joint bid for satellite spectrum in Europe. The four companies announced it on Monday in a joint release. The spectrum is for mobile satellite services (MSS),…