Business Standard

Spacex Rockets

Elon Musk's SpaceX nears $350 billion valuation in insider share talks

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

Elon Musk's SpaceX nears $350 billion valuation in insider share talks
Updated On : 03 Dec 2024 | 8:40 AM IST

Challenging Musk's Falcon-9, Bezos' New Glenn seeks Dec launch: Details

With New Glenn's entry into the space market, a new rivalry is expected to begin between Elon Musk's SpaceX and Jeff Bezos' Blue Origin

Challenging Musk's Falcon-9, Bezos' New Glenn seeks Dec launch: Details
Updated On : 26 Nov 2024 | 3:27 PM IST

SpaceX launches giant Starship rocket but passes up catching booster

SpaceX on Tuesday launched another Starship rocket but passed up catching the booster with giant mechanical arms. Unlike last month's success, the booster was directed to a splashdown in the Gulf of Mexico. The catch was called off just four minutes into the test flight from Texas for unspecified reasons, and the booster hit the water three minutes later. Not all of the criteria for a booster catch was met and so the flight director did not command the booster to return to the launch site, said SpaceX spokesman Dan Huot. He did not specify what went wrong. At the same time, the empty spacecraft launched from Texas atop Starship soared across the Gulf of Mexico on a near loop around the world similar to October's test flight. Skimming space, the shiny retro-looking craft targeted the Indian Ocean for a controlled but destructive end to the hourlong demo. It was the latest test for the world's biggest and most powerful rocket that SpaceX and NASA hope to use to get astronauts back on

SpaceX launches giant Starship rocket but passes up catching booster
Updated On : 20 Nov 2024 | 8:13 AM IST

Trump, Musk solidify their bond with Texas trip for Starship rocket launch

Donald Trump headed to Brownsville, Texas, on Tuesday to watch one of Elon Musk's companies test its Starship rocket, the latest sign of a deepening bond between the president-elect and the world's richest man. Ever since Musk began camping out at Mar-a-Lago after the election, there's been speculation over when Trump would grow tired of having him hanging around and giving him advice on running the country. But Tuesday's outing was a remarkable display of intimacy between the two, one with implications for American politics, the U.S. government, foreign policy and even the possibility of humans reaching Mars. Musk spent around $200 million to help Trump beat Democrat Kamala Harris in the presidential race, and he's been given unparalleled access. He's counseled Trump on nominees for the new administration, joined the president-elect's phone call with Ukrainian President Volodymyr Zelenskyy and been tapped to co-chair an advisory panel on cutting the size of the federal ...

Trump, Musk solidify their bond with Texas trip for Starship rocket launch
Updated On : 20 Nov 2024 | 7:55 AM IST

SpaceX uses dominance to push rivals to use wireless via Starlink: Report

Attorneys from a law firm met with the Justice Department's antitrust division in recent months to bring attention to these arrangements on behalf of some satellite and rocket companies

SpaceX uses dominance to push rivals to use wireless via Starlink: Report
Updated On : 09 Oct 2024 | 9:43 PM IST

FAA grounds SpaceX after Falcon 9 rocket falls over in flames at landing

SpaceX launches are on hold after a booster rocket toppled over in flames while landing Wednesday. The Federal Aviation Administration grounded the company's Falcon 9 rockets and ordered an investigation following the predawn accident off the Florida coast. No injuries or public damage were reported. It's too early to know how much impact this will have on SpaceX's upcoming crew flights, one private and the other for NASA. A billionaire's chartered flight was delayed just a few hours earlier because of a poor weather forecast. The rocket blasted off from Cape Canaveral Space Force Station and got all 21 Starlink internet satellites to orbit. But the first-stage booster fell over in a fireball moments after landing on an ocean platform, the first such accident in years. It was the 23rd time this particular booster had launched, a recycling record for SpaceX. The FAA said it must approve SpaceX's accident findings and corrective action before the company can resume Falcon 9 launches.

FAA grounds SpaceX after Falcon 9 rocket falls over in flames at landing
Updated On : 29 Aug 2024 | 7:44 AM IST

SpaceX delays launch of world's first-ever private spacewalk mission

The launch, initially scheduled for early Tuesday morning, was scrubbed to check a ground-side helium leak

SpaceX delays launch of world's first-ever private spacewalk mission
Updated On : 27 Aug 2024 | 10:24 AM IST

Nasa selects Musk's SpaceX to rescue astronauts marooned in space

Boeing's spacecraft will return without people on board, the US space agency said during a Saturday news conference announcing its decision

Nasa selects Musk's SpaceX to rescue astronauts marooned in space
Updated On : 24 Aug 2024 | 11:18 PM IST

Indian firm aims to launch 'space habitat' by 2027, in talks with SpaceX

Bengaluru-based AkashaLabdhi is designing a space habitat solution to accommodate six to 16 personnel, which it plans to launch by 2027

Indian firm aims to launch 'space habitat' by 2027, in talks with SpaceX
Updated On : 11 Jul 2024 | 1:20 PM IST

Nasa initiates process to dismantle ISS, SpaceX to design deorbit vehicle

Beginning of the end of ISS: The US space agency, Nasa, said the deorbit of the space station by 2030 will pave the way for planned commercial space stations

Nasa initiates process to dismantle ISS, SpaceX to design deorbit vehicle
Updated On : 27 Jun 2024 | 12:44 PM IST

SpaceX sued by eight engineers fired after accusing Elon Musk of sexism

The engineers - four women and four men - claim Musk ordered their firing in 2022 after they circulated a letter calling the billionaire a 'distraction and embarrassment'

SpaceX sued by eight engineers fired after accusing Elon Musk of sexism
Updated On : 13 Jun 2024 | 10:35 AM IST

SpaceX's Starship survives return to Earth, achieves landing on 4th try

Much is riding on SpaceX's development of Starship, relied upon by NASA as it aims to return astronauts to the moon in 2026 in a rivalry with China, which plans to send its astronauts there by 2030

SpaceX's Starship survives return to Earth, achieves landing on 4th try
Updated On : 06 Jun 2024 | 11:45 PM IST

Elon Musk's SpaceX in discussion to sell shares at $200 billion valuation

A $200 billion valuation would be a premium to the $180 billion valuation the company obtained through its most recent tender offer

Elon Musk's SpaceX in discussion to sell shares at $200 billion valuation
Updated On : 25 May 2024 | 12:32 AM IST

SpaceX unveils cosmic tourism: Here's how to book your ticket to space

The Elon Musk-led company has started selling tickets for low-earth orbit trips and beyond as soon as the end of this year, hoping to use its Dragon and the Starship for the journeys

SpaceX unveils cosmic tourism: Here's how to book your ticket to space
Updated On : 01 May 2024 | 3:54 PM IST

SpaceX launches giant new rocket, fails 2nd test flight due to explosions

SpaceX launched its mega rocket Starship on Saturday, but lost the booster and then the spacecraft minutes into the test flight. The booster had sent the rocketship toward space, but communication was lost eight minutes after liftoff from South Texas and SpaceX declared that the vehicle had failed. The trouble cropped up as the ship's engines were almost done firing to put it on an around-the-world path. Minutes earlier, the booster exploded, but not until its job was done, putting the ship on a course toward space. At 400 feet, Starship is the biggest and most powerful rocket ever built. The first test flight in April ended in an explosion soon after liftoff. SpaceX's giant new rocket blasted off from South Texas on a test flight Saturday, seven months after the first try ended in an explosion. The 397-foot (121-metre) Starship rocket thundered into the sky and arced out over the Gulf of Mexico. The goal was to separate the spaceship from its booster and send it into space. Spa

SpaceX launches giant new rocket, fails 2nd test flight due to explosions
Updated On : 18 Nov 2023 | 7:48 PM IST

SpaceX prepares for its mega rocket for second test flight from South Texas

SpaceX aimed for a second test flight of its mega rocket Starship on Saturday, counting down to a morning liftoff from South Texas. The first test flight in April ended in an explosion shortly after liftoff. The goal is to send the rocketship around the world before ditching it in the ocean near Hawaii. SpaceX spent the past several months making improvements to both the rocket and launch pad, located at the southern tip of Texas near the Mexico border. The Federal Aviation Administration gave the all-clear to fly earlier this week. The nearly 400-foot (121-metre) Starship is the world's biggest and most powerful rocket. SpaceX's Elon Musk intends to use a fleet of them to get people to the moon and Mars. If all goes well, the booster will drop into the Gulf of Mexico and the bullet-shaped spacecraft will continue out over the Atlantic and Pacific, before falling into the ocean near Hawaii. SpaceX is targeting an altitude of 150 miles (240 kilometers).

SpaceX prepares for its mega rocket for second test flight from South Texas
Updated On : 18 Nov 2023 | 5:56 PM IST

Elon Musk's Starship launch halted after FAA cites 63 regulatory fixes

The test flight of Starship in April ended in a mid-flight explosion within four minutes of its take off

Elon Musk's Starship launch halted after FAA cites 63 regulatory fixes
Updated On : 11 Sep 2023 | 3:04 PM IST

4 astronauts return to Earth in SpaceX capsule to wrap up 6-month mission

Four astronauts returned to Earth early Monday after a six-month stay at the International Space Station. Their SpaceX capsule parachuted into the Atlantic off the Florida coast. Returning were NASA astronauts Stephen Bowen and Warren Woody Hoburg, Russia's Andrei Fedyaev and the United Arab Emirates' Sultan al-Neyadi, t he first person from the Arab world to spend an extended time in orbit. Before departing the space station, they said they were craving hot showers, steaming cups of coffee and the ocean air since arriving in March. Their homecoming was delayed a day because of poor weather at the splashdown locations. SpaceX launched their replacements over a week ago. Another crew switch will occur later this month with the long-awaited homecoming of two Russians and one American who have been up there an entire year. Their stay was doubled after their Soyuz capsule leaked all of its coolant and a new craft had to be launched. Between crew swaps, the space station is home to se

4 astronauts return to Earth in SpaceX capsule to wrap up 6-month mission
Updated On : 04 Sep 2023 | 10:23 AM IST

SpaceX rocket lifts off with world's largest commercial satellite

Space Exploration Technologies Corp.'s three-fuselage Falcon Heavy ferried the massive payload into orbit at 11:04 p.m. local time from the company's launchpad at NASA's Kennedy Space Center

SpaceX rocket lifts off with world's largest commercial satellite
Updated On : 29 Jul 2023 | 9:36 AM IST

Starlink a step closer to launching its satellite-based internet in India

As Starlink goes ahead with its plan, it will have rivals like Bharti Group company OneWeb, Amazon, and Reliance Jio's satcom waiting for it

Starlink a step closer to launching its satellite-based internet in India
Updated On : 11 Jul 2023 | 11:46 AM IST