New Delhi, July 25 (IANS) US aerospace company SpaceX launched its Starship vehicle in a test flight to validate technology central to CEO Elon Musk’s ambitions for Starlink expansion, as the company’s stock continues to slide.The rocket’s Super Heavy booster detached from the Starship spacecraft nearly two minutes after the launch, and made a controlled splashdown in the Gulf. This was the second flight of the Starship and Super Heavy V3 vehicles and the first Starship flight to deploy the …
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New Delhi, June 12 (IANS) Space Exploration Technologies Corp. (SpaceX) — the Elon Musk-led rocket and satellite company — has priced its blockbuster initial public offering (IPO), pushing Musk’s net worth to nearly $970 billion and bringing him closer to becoming the world’s first trillionaire, as per multiple reports.Reports claim that SpaceX priced its shares at $135 apiece, raising about $75 billion in what is being billed as the largest IPO in history and valuing the company at around…
New Delhi, Feb 9 (IANS) Tesla and SpaceX CEO Elon Musk on Monday said he is aiming to build a self-growing city on Moon in less than 10 years, followed by human presence on Mars in about 20 years.According to the world’s richest man, SpaceX has already shifted focus to building a self-growing city on the Moon, “as we can potentially achieve that in less than 10 years, whereas Mars would take 20+ years”.In a post on his X social media platform, Musk said the mission of SpaceX remains the sa…
New Delhi, Feb 4 (IANS) US entrepreneur Elon Musk’s net worth surged past the $800 billion mark after SpaceX acquired his artificial‑intelligence firm xAI, making him the richest person in history by a wide margin.Musk’s net worth reached roughly $852 billion, almost $578 billion higher than the world’s second-wealthiest person, Google co-founder Larry Page, whose net worth is estimated at $281 billion.The merger took the combined value of the company to $1.25 trillion and added about $84 …
Mumbai, Feb 3 (IANS) US-based entrepreneur Elon Musk said that his aerospace firm SpaceX has acquired his AI startup, xAI, and shared plans to scale AI compute in space by launching large constellations of satellites that act as orbital data centres.”Launching a million tonnes per year of satellites generating kilowatts (kW) of compute power per tonne would add 100 gigawatts of AI compute capacity annually, with no ongoing operational or maintenance needs. Ultimately, there is a path to launchin…