A set of preliminary accounts for SpaceX shows that “soaring revenues” helped Elon Musk’s rocket and broadband company to a modest profit in Q1 2023, according to the WSJ. The report says SpaceX achieved $55 million (€50.6m) in profits on $1.5 billion of revenues in Q1. Over the previous two years, SpaceX has invested huge […]
Azerbaijani Minister of Digital Development and Transport, Rashad Nabiyev, has met with Elon Musk at the Tesla Giga factory in Austin, Texas. The two discussed the opening up of Azerbaijan for Starlink broadband equipment as well as launches of Azerbaijani satellites on SpaceX rockets. On May 9th Azercosmos announced that it has entered into an […]
Meta, owner of Facebook, has announced it will its new app to rival Twitter on July 6th. The new social media app, called Threads, is already available for pre-order on the Apple App Store, and will be linked to Instagram. Meta describes Threads as a “text based conversation app […] where communities come together to […]
A report on Fox News, citing comments “from SpaceX investors” says an IPO from Elon Musk’s Starlink broadband-by-satellite operation is expected “this year”. The comments are far from fanciful, and Musk has frequently commented about a likely IPO either for SpaceX itself or Starlink, but has always finished his comments by saying “but not yet”. […]
Twitter owner Elon Musk has confirmed plans for a Twitter video app on smart TVs. Responding to a tweet suggesting that: “We really need a Twitter video app for Smart TVs”, Musk replied: ”It’s coming”, without revealing any further details. On June 15th, during an investor presentation, new Twitter CEO, Linda Yaccarino, and Musk laid […]
Josef Aschbacher, Director General at European Space Agency (ESA) has praised Elon Musk’s SpaceX, saying that the rocket launch company “has undeniably changed the launcher market paradigm as we know it.” Aschbacher, in a blog post for ESA, said: “With the dependable reliability of Falcon 9 and the captivating prospects of Starship, SpaceX continues to […]
Elon Musk has named Linda Yaccarino as new chief executive of Twitter, just over six months after his takeover of the social media company. Musk said Yaccarino, the former head of advertising at NBCUniversal, would oversee business operations at the site, which has been struggling to make money, and struggled with attempts to make users, […]
Elon Musk’s Starlink broadband-by-satellite system now has more than 1.5 million subscribers around the globe. The numbers emerged in a Tweet from Starlink with accompanying video footage from some challenging locations. Starlink doesn’t mention military and other governmental users in the Ukraine or say whether those non-paying numbers are included in the 1.5+ million. A […]
The May 4th launch of 56 Starlink satellites for SpaceX represented a key milestone for Elon Musk’s broadband by satellite project and its Falcon-9 rocket. With these satellites moving towards their orbital responsibilities, SpaceX surpasses 4,000 satellites in orbit and will have launched 4,340 total satellites according to data from astrophysicist Jonathan McDowell at the […]
Elon Musk’s SpaceX scored three perfect launches over the past few days. However, it has emerged that Arianespace has lost an important contract to launch a satellite for Viasat. It has also emerged that Musk is budgeting to spend $2 billion on his Starship development programme. SpaceX’s three recent launches (46 Starlinks on April 27th, […]