Cofounders and brothers Karan Kunjur, left, and Neel Kunjur. K2 Space A pair of brothers is aiming to challenge the way spacecraft are built, by going against the industry trend and designing massive ...
Tag: spacecraft
Elon Musk tells court Saudi Arabia wanted to take Tesla private, $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
The Valuation Game: SpaceX Soars as Elon Musk Slips to No. 2
Quiet weeks are rare in Elon Musk’s world. This past Monday, Bloomberg reported that Musk was raising funds for his space company, SpaceX. At $77 a share, the offer would lift Space X’s valuation 12%,...
NASA’s Orion spacecraft flies by the moon on Artemis 1 mission
NASA’s Orion spacecraft made its closest approach to the moon on Monday morning during day five of the Artemis 1 mission. The uncrewed capsule flew about 81 miles above the lunar surface, the ag...
NASA’s Orion Spacecraft Passes Within 80 Miles Of Moon’s Surface — Here’s What’s Next For Its Lunar Orbit
Topline NASA’s Orion spacecraft reached within 80 miles of the moon’s surface Monday before beginning its lunar orbit, as the capsule is set to break the space agency’s record for distance traveled by...
Andreessen Horowitz-backed Apex Space aims to mass produce spacecraft
Co-founders Max Benassi, left, and Ian Cinnamon Apex Space A pair of heavy-hitter startup founders is turning their attention to what they see as a key bottleneck in the space industry, and has alread...
NASA Successfully Crashes Spacecraft Into Asteroid To Practice Protecting Earth
Topline An unmanned spacecraft built for NASA’s Double Asteroid Redirection Test (DART) successfully slammed into the Dimorphos asteroid Monday evening, aiming to test a technique that scientists hope...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
SpaceX Fires Employees Involved in Letter Critical of Elon Musk, Company
SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and pe...
Dogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion, claiming ‘pyramid scheme’
A dogecoin investor is suing Elon Musk and two of his companies, Tesla Inc. and SpaceX, for $258 billion, accusing them of operating a “pyramid scheme” to inflate the price of the cryptocurrency. The ...
SpaceX Seeks Funding Following Boeing’s Successful Weekend
Say what you will about Elon Musk, but raising money for his companies has never been a problem. Tesla (TSLA) – Get Tesla Inc Report for example has raised a total of $20.2 billion in funding ...
Tesla Stock Falls After Harassment Allegations Against CEO
Text size Tesla’s Shanghai factory. Xiaolu Chu/Getty Images Tesla stock took a beating as investors digested sexual-harassment allegations against CEO Elon Musk. Thursday, Business Insider repor...
This Is What Tesla CEO Elon Musk’s Other Company Is Worth
Text size The Boring Company, Elon Musk’s tunneling company, just raised more capital. Robyn Beck/Getty Images One of Elon Musk’s companies just got more valuable. No, this isn’t about Tesla (ti...
A Lesson About Wealth From Elon Musk, the World’s Richest Human
Text size Tesla CEO Elon Musk, who is the world’s richest human. Patrick Pleul/POOL/AFP via Getty Images Elon Musk is worth a cool $274 billion. Now, a former auto analyst-turned-market research...
Spacecraft manufacturer Terran Orbital LLAP begins trading on the NYSE
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades un...
Elon Musk Has Sold Seven Homes for Nearly $130 Million After Vowing to ‘Own No House’
It’s been almost two years since Elon Musk announced a plan to sell nearly all of his physical possessions, including his real estate, by tweeting “Will own no house” on May 1, 2020. The billionaire T...
Elon Musk’s SpaceX Wants to Split Its Shares
Is SpaceX a victim of its own success? We have to believe that the new conquest of space is attracting a large number of investors. The rocket and space tech company started by Tesla (TSLA) – ...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....