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Finance Source: Businessinsider.com

SpaceX just won $885 million in federal subsidies to expand Starlink, Elon Musk's satellite-internet project

Summary List PlacementOn Monday, SpaceX received some very good news from the Federal Communications Commission: The company has won more than $885 million in federal subsidies for its Starlink satellite-internet project. The money comes from the Rural Digital Opportunity Fund, a $20.4 billion effort to spread high-speed internet... go to Article >

SpaceX is now offering $99 preorders of Starlink to more users around the world, including in Mexico, Australia, and US states where the service...

27 Days ago Finance Source: Businessinsider.com

Summary List PlacementSpaceX on Monday began offering preorders of its Starlink satellite internet service to more countries and cities around the world, including Australia, New Zealand, Mexico, and parts of the US and Canada where Starlink... read more

Elon Musk once again says SpaceX's Starlink internet service will IPO once its cash flow is more predictable

27 Days ago Finance Source: Businessinsider.com

Summary List PlacementSpaceX CEO Elon Musk on Tuesday repeated his prediction that the company's satellite internet service, Starlink, would go public once its cash flow is predictable. In a series of tweets, the billionaire said: "Once we can... read more

SpaceX just launched — and exploded — an experimental Starship rocket in Texas. The test nevertheless propels Elon Musk's vision of interplanetary...

88 Days ago Finance Source: Businessinsider.com

Summary List PlacementSpaceX launched a towering prototype of its Starship spaceship into the stratosphere on Tuesday, but the vehicle exploded upon landing in Boca Chica, Texas, after a nearly seven-minute flight. Such a fiery outcome wasn't... read more

SpaceX just scrubbed an ambitious Starship rocket launch after the engines automatically aborted

89 Days ago Finance Source: Businessinsider.com

Summary List PlacementA prototype of SpaceX's Starship spaceship was prepared to rocket toward the stratosphere in its most ambitious test flight yet on Tuesday. But just 1.3 seconds before liftoff, at 4:35 p.m. CT, the Raptor engines... read more

NASA picks Elon Musk's SpaceX to help with a $99 million mission that will map the creation of the universe

31 Days ago Finance Source: Businessinsider.com

Summary List PlacementNASA has picked Elon Musk's SpaceX to launch a telescope into orbit for a two-year astrophysics mission starting 2024, the agency said in a press release on Thursday. The mission, called SPHEREx, will cost NASA about... read more

Elon Musk says it's now 'impossible' to take Tesla private — and that a Starlink IPO is likely

72 Days ago Finance Source: Businessinsider.com

Summary List PlacementElon Musk said Friday that it's now "impossible" to take Tesla private — even though doing so could lead to more innovation at the electric car maker. Tesla's share price is nearly eight times higher than it was at the... read more

Small internet service providers say SpaceX's Starlink shouldn't get federal funds to expand internet access

31 Days ago Finance Source: Businessinsider.com

Summary List PlacementLocal internet service providers are pressuring the US Federal Communications Commission to "aggressively" vet winning applications submitted by satellite and fixed wireless providers for federal funds that would aim to... read more

SpaceX says its Starlink satellite internet, still in beta, now has more than 10,000 users worldwide

31 Days ago Finance Source: Businessinsider.com

Summary List PlacementSpaceX's Starlink satellite internet service has amassed more than 10,000 users across the world, just four months after entering beta, Elon Musk's aerospace company said in a filing Thursday. SpaceX said in a petition to... read more

EXCLUSIVE: SpaceX is looking to raise another big round of funding and wants to double its valuation to up to $92 billion

83 Days ago Finance Source: Businessinsider.com

Summary List PlacementSpaceX, the rocket company founded by Elon Musk, is looking to pull in another significant round of capital after raising $1.9 billion just four months ago, according to two people with knowledge of the deal. SpaceX is in... read more

Block-by-block maps reveal where SpaceX must offer Starlink satellite-internet to 642,000 homes and businesses at competitive prices

82 Days ago Finance Source: Businessinsider.com

Summary List PlacementOver the next 10 years, the Federal Communications Commission could pay SpaceX $885.5 million to expand its Starlink satellite-internet service. In exchange, the Elon Musk-founded aerospace company must offer high-speed... read more