From: zerohedge Hyperloop One Reportedly Goes Bust As Next-Gen High-Speed Transit Across US Fails | ZeroHedge A startup developing the next generation of sustainable high-speed transportation is shutting down, according to a new report. Once backed by Richard Branson’s Virgin Group, Hyperloop One promised to create the next generation of sustainable high-speed transportation. However, the[…]
From: zerohedge Watch Live: SpaceX Launches Mysterious X-37B Spaceplane Into Orbit | ZeroHedge The US Space Force’s Boeing X-37B unmanned, reusable space plane will be launched atop a SpaceX Falcon Heavy rocket from Kennedy Space Center, Florida, on Sunday evening. The mysterious spaceplane is built by Boeing and operated by the Air Force Rapid Capabilities Office[…]
From Boobberg: Deal implies premium to $150 billion valuation this summer Terms, including size, not yet finalized and could change SpaceX dominates the market for commercial space launch services with its Falcon rockets. Photographer: Red Huber/Getty Images By Gillian Tan, Katie Roof, and Edward Ludlow December 6, 2023 at 5:58 PM EST Updated on December 6, 2023 at 6:54[…]
From: zerohedge Jeff Bezos Hires Elon Musk For Rocket Launches | ZeroHedge Jeff Bezos’s space efforts at Amazon and his space company, Blue Origin, have been hit with ‘frustrating delays’ including a rocket engine explosion during a routine test earlier this year. With mounting delays, Amazon was forced to sign a deal with rival Elon Musk’s SpaceX[…]
From: zerohedge Tiger Global’s Top Venture Fund Suffers 18% Loss Following Portfolio Markdowns | ZeroHedge Following a turbulent 2022, Tiger Global Management is bracing for another challenging year marked by losses, as the firm has reduced valuations for several portfolio companies. This information comes from Bloomberg, which cites sources familiar with the situation. Tiger Global’s $13 billion[…]