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elon musk

Rivada Networks funding explained

Rivada Space Networks has secured a major slice of the cash needed to build and launch its mega-constellation of an initial 300 satellites. German newspaper Handelsblatt reports that Rivada has collected €10 billion in pre-order commitments from 113 “potential customers”. The report adds that it has also attracted investment cash from 70 investors including a […]

July 4, 2024

SpaceX valued at $200bn

SpaceX is contemplating another fundraising operation by selling shares in a tender offer that could value the closely held company at roughly $200 billion (€185.7bn), according to Bloomberg. SpaceX is reportedly discussing a tender offer — a transaction that enables employees and insiders like investors to sell shares — that may kick in days, said […]

July 1, 2024By Chris Forrester

India’s billionaires gain advantage over Musk

Eutelsat’s OneWeb constellation could soon be active over India thanks to its Indian shareholders Bharti Airtel. The latest reports from India suggest that OneWeb’s permissions to operate over India could be approved later this month. Elon Musk’s Starlink, despite favourable comments from India’s prime minister Modi, is still suffering regulatory delays. Starlink has received permission […]

June 10, 2024

Launch date set for Starship #4

Elon Musk’s SpaceX will attempt the fourth test flight of its massive Starship rocket on June 6th. The Federal Aviation Administration (FAA) issued its permission for the flight on June 4th. The FAA authorisation was modified from previous Starship flights, and the end result is that future launches will find an easier route to flight. […]

June 5, 2024

Ariane 6 launch plan updated

Europe’s very much-delayed Ariane 6 rocket should enjoy its debut test flight in the first two weeks of July. Good as this news is, it represents yet another delay by about one month. ESA, in its latest update, says that the actual target launch date would be unveiled at the major ILA Berlin Airshow on […]

May 23, 2024

Starlink dominates Cruise industry

Elon Musk’s Starlink broadband-by-satellite system has now equipped the entire Carnival Corporation cruise fleet of more than 90 ships with its equipment. Carnival operates its ships under its own name and also AIDA Cruises, Princess Cruises, Holland America Line, Seabourn, P&O Cruises, Costa Cruises, P&O Cruises and Cunard. Carnival Corporation CEO Josh Weinstein said Starlink’s […]

May 17, 2024

Report: Geopolitical unrest fuels surge in DDOS attacks

NetScout Systems has released findings from its H2 2023 DDoS Threat Intelligence Report that dissects trends and attack methodologies adversaries use against service providers, enterprises, and end-users. The information cited in the report is gathered from NetScout’s internet visibility at a global scale, collecting, analysing, prioritising, and disseminating data on DDoS attacks from 214 countries […]

April 25, 2024

SpaceX: 2.7m customers and $180bn value

SpaceX says it now has 2.7 million “customers – a rise of 100,000 in just three weeks. This is a growth rate of some 4,700 new users per day. If this rate is maintained, then another 1 million users by year-end is possible if not probable. A report from analysts at investment bank Morgan Stanley […]

April 9, 2024

SpaceX building a spy satellite network?

Widespread stories suggest that SpaceX is widening the scope of its existing ‘Starshield’ satellite communications service, which already exists in part, to allow the US military and their intelligence agencies to track their targets and support American and allied ground forces in real time almost anywhere across the globe, Reuters has reported. Elon Musk has […]

March 18, 2024

Hot success for Musk’s Starship

There were 3.3 million people viewing SpaceX’s live web-feed of its March 14th Starship launch, plus many, many millions watching via the world’s news channels as the rocket blasted off on its record-breaking flight. However, the FAA almost immediately issued an investigation order into what it said was a “mishap”. Elon Musk is perhaps not […]

March 15, 2024