Safran and Terran Orbital sign a MoA to produce satellite electric propulsion systems in US
Sunday, 25 June 2023 11:26
Ariane 6 revealed on its launch pad in preparation for hot-firing tests
Sunday, 25 June 2023 11:26
Not Again, Mars: Sols 3868-3870
Sunday, 25 June 2023 11:26
Space tech to shrink as the limits of quantum physics are tested
Sunday, 25 June 2023 11:26
Rocket Lab to launch space object monitoring mission for Spire Global and NorthStar
Sunday, 25 June 2023 11:26
D-Orbit secures four multi-million contracts with ASI and ESA
Sunday, 25 June 2023 11:26
Spideroak demonstrates deployment of Orbitsecure on Ball Aerospace payload
Sunday, 25 June 2023 11:26
MAVEN stuns with ultraviolet views of Mars
Sunday, 25 June 2023 11:26
Reconstructing alien astronomers' view of our home galaxy's chemistry
Sunday, 25 June 2023 11:26
Stellar demolition derby births powerful gamma-ray burst
Sunday, 25 June 2023 11:26
Senate Armed Services Committee advances 2024 NDAA
Sunday, 25 June 2023 08:37
The Senate Armed Services Committee on June 23 advanced its version of the 2024 National Defense Authorization Act (NDAA) by a vote of 24-1 after closed deliberations.
The ship sank. Or did it? Titanic misinformation swirls
Sunday, 25 June 2023 07:44
SpaceX changing Starship stage separation ahead of next launch
Saturday, 24 June 2023 18:18
SpaceX is changing the approach for separating the two stages of its Starship vehicle to increase payload performance before its next test flight, Elon Musk said June 24.
First Vulcan launch further delayed for Centaur modifications
Saturday, 24 June 2023 13:19
The inaugural launch of United Launch Alliance’s Vulcan Centaur rocket faces new delays after the company said it needs to make “minor reinforcements” to part of the Centaur upper stage.
SpaceX tender offer values it at around $150bn: report
Saturday, 24 June 2023 05:29
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.