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[…]
From: zerohedge What’s holding Private Markets back | ZeroHedge From VCC: 11/10/2023 Private Markets including VC funding, Pre IPO secondary’s, primary financing rounds, and other private deals have ground to a halt. Overall volumes are down, number of deals are down, and the bid/ask spread has widened. Private markets are opaque and complex, however, the[…]
From: zerohedge Elon Musk’s Falcon Heavy Rocket To Launch Mysterious Space Plane Into Orbit | ZeroHedge The US Space Force’s Boeing X-37B unmanned, reusable space plane will be launched via a SpaceX Falcon Heavy rocket from Kennedy Space Center, Florida, for the first time in early December, the US military wrote in a press release. The mysterious spaceplane[…]
From: zerohedge “300 Mbps WiFi Speed”: Entire Qatar Airways Fleet To Be Supported By Starlink | ZeroHedge The Starlink satellite internet service, operated by Elon Musk’s rocket company SpaceX, signed a deal with Qatar Airways to offer the new high-speed, low-latency broadband internet access on specified aircraft and routes. Qatar Airways and Starlink are in the pre-launch phase[…]
From: zerohedge NASA’s ‘Psyche’ Lifts Off (Via SpaceX) To Probe Colossal Untapped Value Of Asteroids | ZeroHedge We have liftoff! NASA’s Psyche spacecraft, along with the agency’s DSOC (Deep Space Optical Communications) technology demonstration, launched from Launch Complex 39A at Kennedy Space Center in Florida at 10:19 a.m. EDT. This will be the first interplanetary[…]
PreIPOSwap.com — 10/12/2023 — Knoxville, TN Loom was purchased at a 35% discount to last round by Atlassian, for $975 Million. You can bet that Atlassian did a great job evaluating the financials of the deal, and especially, the valuation. $975 Million is a lot of money, even to a big company. Loom took the[…]