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Copernical Team
D-Orbit secures four multi-million contracts with ASI and ESA
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Rocket Lab to launch space object monitoring mission for Spire Global and NorthStar
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Space tech to shrink as the limits of quantum physics are tested
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Not Again, Mars: Sols 3868-3870
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Ariane 6 revealed on its launch pad in preparation for hot-firing tests
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Safran and Terran Orbital sign a MoA to produce satellite electric propulsion systems in US
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Rocket Lab to Launch Multiple Satellites as Part of Upcoming Recovery Mission
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The ship sank. Or did it? Titanic misinformation swirls
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SpaceX tender offer values it at around $150bn: report
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Elon Musk's company SpaceX is offering to sell insider shares at a price that lifts its valuation to around $150 billion, according to a Bloomberg News report Friday.
The company—the first private company to send astronauts into orbit, among many other firsts—is initially seeking a $750 million tender offer, the report added.
Its valuation has climbed in recent years as it raised billions to finance its work, and according to Bloomberg, SpaceX is offering shares at over $80 apiece.
A CNBC report in January noted that SpaceX was raising $750 million in a round of funding that valued it at $137 billion.
According to Bloomberg News, SpaceX has around $5 billion of cash on its balance sheet.
In April, SpaceX saw the most powerful rocket ever built—Starship—blow up on its first flight, although Musk congratulated his SpaceX team on the test of the next-generation spacecraft designed to send astronauts to the Moon, Mars and beyond.
SpaceX also successfully deployed more than 50 added satellites on Friday, boosting a collection used to beam broadband internet coverage, according to reports.
Paris Air Show 2023 – Highlights of the week
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From Monday 19 to Sunday 25 June, at the ‘Space Pavilion’ of Paris Air Show 2023, ESA and CNES present ambitious new projects in space exploration, astronautics, Earth observation and security-related applications.