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SpaceX Tender Offer Is Said to Value Company at $140 Billion

From Bloomberg: By Katie Roof December 12, 2022 at 8:11 PM ESTUpdated onDecember 12, 2022 at 8:50 PM EST SPACE EXPLORATION TECHNOLOGI Private Company Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the closely held company’s valuation to about $140 billion, according to people familiar with the matter. Space Exploration[…]

SpaceX Is in Funding Talks That Would Value It at Over $150 Billion

From Bloomberg: SpaceX headquarters in Hawthorne, California.Photographer: Alisha Jucevic/Bloomberg By Gillian Tan, Edward Ludlow, and Giles Turner November 15, 2022 at 12:30 PM EST Elon Musk’s SpaceX is in talks to raise a funding round that values the rocket-launch and satellite company at more than $150 billion, people familiar with the matter said. The transaction being discussed[…]

SpaceX Started Patent Filing

From Gray B “We have essentially no patents in SpaceX. Our primary long-term competition is in China. If we published patents, it would be farcical, because the Chinese would just use them as a recipe book.” Elon Musk “We have essentially no patents in SpaceX”, said Elon Musk in his an interview in 2017 which gave hints[…]

SpaceX Launches First-Ever Private Crew To Space For Three Day Mission

From Zero Hedge Update (2023ET): The Crew Dragon capsule separated from the second stage, and the Inspiration4 mission is now circling Earth with the first-ever private space crew. Inspiration4 is expected to orbit around Earth for three days at an altitude of 360 miles, or about 150 miles higher than the International Space Station. Here are some[…]

SpaceX begins accepting $99 preorders for its Starlink satellite internet service as Musk eyes IPO

From CNBC: Elon Musk’s SpaceX has widened the scope of the public beta test of its Starlink satellite internet service, saying it is accepting preorders from potential customers. Prospective Starlink users can enter a service address on the company’s website, with preorders available for $99. Some regions show preorder messages that say SpaceX is “targeting coverage[…]

SpaceX Starlink User TOS Declares Mars As ‘Free Planet’

Authored by Mike Brown via Inverse.com Starlink’s beta test is requiring participants to recognize Mars as a “free planet.” It’s an unusual bit of fine print, and the implications go far beyond securing good internet on Earth. SpaceX’s internet connectivity constellation Starlink, which began forming in May 2019, has started inviting interested fans to the[…]

NASA Certifies SpaceX To Carry Humans Into Space

From Zero Hedge: NASA has officially certified the first privately owned commercial spacecraft system capable of transporting humans to and from the International Space Station. In an announcement released on Tuesday, NASA said it “completed the signing of the Human Rating Certification Plan Tuesday for SpaceX’s crew transportation system after a thorough Flight Readiness Review ahead the agency’s SpaceX[…]

Elon Musk Eyes Space Mining Of Asteroid Worth More Than Global Economy

From Zero Hedge: Not too long ago, NASA asked Tesla’s Elon Musk, who runs the rocket company SpaceX, to assist in a future space exploration mission of a giant metallic asteroid called “16 Psyche” that contains trillions of dollars in rare metals. 16 Psyche is one of the most massive objects in the asteroid belt orbiting between Mars[…]