SpaceX raised $1.9 billion in equity this month during its latest funding round, according to a filing with the U.S. Securities and Exchange Commission (SEC). The SEC filing details offering the aerospace firm to sell another $165 million in common stock, for a total of $2.07 billion. Bloomberg reports that 75 investors participated in this second…
CEO Elon Musk reiterated that SpaceX is still targeting a big rocket reuse goal that he initially set a few years ago for the company and announced that his Falcon rockets will eventually rise far beyond it. Musk has been talking publicly about reusable rockets for well over a decade but the first hard numbers…
Elon Musk’s net worth is soaring in 2020, as Tesla’s surging stock price has roughly quadrupled since the start of the year. Musk owns about 20% of Tesla’s stock, a stake that’s worth more than $50 billion, according to research firm Wealth-X. Overall, Musk’s personal net worth is estimated to be at least $66.7 billion, according to Wealth-X, which…
Tesla is referring to more SpaceX collaboration as it adds “spaceship” to its future potential products for designers to work on. Now Tesla is hinting at continued cooperation between the two companies. Tesla described “spaceship architecture” as a possible job in a new senior vehicle designer role listed on its career web site (hat tip…
SpaceX’s Starship rocket took the biggest step towards orbit (and Mars) yet, after a full-scale prototype launched 150m (~500 ft) into the air and landed in one piece. Starship SN5’s nearly perfect hop debut has seen the rocket hold a torch lit by Starhopper’s second and final flight last year anywhere from two to four…
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SpaceX is the first private corporation in history to transport astronauts back and forth to the space station. On May 30th, NASA astronauts Robert Behnken and Douglas Hurley were launched to the International Space Station (ISS). The flight, known as Demo-2, was the agency’s first launch of astronauts from American soil since the Space Shuttle…
SpaceX made history May 30th this year when Falcon 9 took off from American soil carrying astronauts to the International Space Station ( ISS) aboard the SpaceX Crew Dragon Endeavour spacecraft. It was the first time in nearly a decade that humans launched from the United States. The successful Demo-2 mission demonstrates that Dragon can…
With the first manned launch of Crew Dragon successfully behind them and the astronauts set to go back to Earth this weekend, SpaceX has much to be proud of these days. Throughout the mission, their high-tech space suits were a major part of what made the company’s approach to human spaceflight so special. Now a…