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Musk seeks extra $1.7bn in funding round

Elon Musk’s SpaceX is launching a new funding round and aiming for around $1.72 billion (€1.5bn) in fresh cash at $70 per share. It would take SpaceX’s valuation to about $127 billion. SpaceX is still a private company and despite numerous rumours of a potential IPO has – to date – steered clear of a […]

May 24, 2022By Chris Forrester

Success for Starlink launch

SpaceX successfully placed another 53 of its Starlink broadband satellites into their transfer orbit on April 21st. A few minutes after its 17.51 UTC launch, the Falcon 9 booster landed on the operation’s floating barge ‘Just Read The Instructions’ ready for future re-use. SpaceX, as well as a high-intensity schedule of scientific and NASA-related satellite […]

April 22, 2022By Chris Forrester

Musk not joining Twitter board

Elon Musk will not be joining the board of Twitter, the company’s chief executive Parag Agrawal has confirmed. Musk’s appointment was due to become effective on April 9th after he acquired a 9.2 per cent stake in the social media platform last week. However, Agrawal tweeted: “Elon shared that same morning that he will no […]

April 11, 2022

Musk acquires 9.2% stake in Twitter

Elon Musk has taken a 9.2 per cent stake in social media platform Twitter, according to a US securities filing. The announcement sent Twitter shares soaring by more than 27 per cent in New York trading on April 4th. The SpaceX and Tesla CEO owned 73,486,938 shares in the social media platform as of March […]

April 5, 2022

FAA stymies Musk’s SpaceX plans

The powerful Federal Aviation Administration (FAA) has again placed a halt on Elon Musk’s plans to launch rockets from his Boca Rica, South Texas site. The location is where Musk’s engineers are building a new suite of giant Starship and Super Heavy rockets. The FAA is conducting an environmental review on the rockets and their […]

March 29, 2022

Starlink readies another 53 satellites

SpaceX has readied its Falcon 9 rocket for launch on March 18th at about 23:24 ET. SpaceX is expected to launch 53 Starlink craft for Elon Musk’s ever-growing broadband constellation from Cape Canaveral. In the event of bad weather, the timings will slip 24 hours. Starlink reportedly now has some 200,000 active subscribers around the […]

March 18, 2022By Chris Forrester

Cyber warfare hits Viasat/KA-Sat

California-based satellite operator Viasat has been suffering from alleged electronic warfare emanating from Russia. Reports suggest that hackers have deliberately disrupted satellite signals to and from Ukraine and in particular using the (formerly Eutelsat-owned) KA-Sat. Reuters, for example, is reporting that the cyber attacks have affected about 10,000 terminals. The attacks started as long ago […]

March 16, 2022

Starlink operating over Ukraine

A Ukrainian senior official reached out to Elon Musk on February 26th asking for a supply of Starlink broadband terminals to supplement local internet services. Musk responded a few hours later saying that his Starlink system was now operational over Ukraine and that more terminals were on their way to the country. “While you try […]

February 28, 2022By Chris Forrester

Pakistan clamps down on Starlink pre-orders

Pakistan is echoing India in its decision to ban Elon Musk’s Starlink from soliciting pre-orders to its broadband-by-satellite system. Pakistan’s Telecommunication Authority (PTA) announced on January 19th that Starlink had neither applied for, nor obtained, any licence from the PTA to provide Internet services to the country. “The directions came in the wake of reports […]

January 24, 2022By Chris Forrester

SpaceX to launch Starship from Florida

Up until now all of Elon Musk’s efforts related to SpaceX’s huge Starship rocket have been focussed on its headquarters base in South Texas at the Gulf coastal Boca Chica village, near Brownsville. But Musk’s team have now started pouring concrete at Launch Complex 39A at NASA’s Kennedy Space Centre part of the Cape Canaveral […]

December 7, 2021By Chris Forrester