Musk’s slash government agencies and regulation benefit empire

Musk’s slash government agencies and regulation benefit empire

Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX.  Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government, … Read more

High above the clouds — the rise of stratospheric balloon tourism

High above the clouds — the rise of stratospheric balloon tourism

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email A number of startups are hoping to hoist tourists to the stratosphere using pressurized capsules and massive gas-filled balloons. CNBC spoke to three of them, France-based Zephalto, Florida-based Space Perspective and Arizona-based World View. The balloon trips wouldn’t take passengers all the … Read more

Balloons to hoist tourists 100,000 feet into the stratosphere

Balloons to hoist tourists 100,000 feet into the stratosphere

Commercial space flight is becoming more and more common, with companies including SpaceX, Blue Origin and Virgin Galactic all transporting paid customers into space over the last several years. People interested in seeing the earth from an unusual vantage point may soon have another option. CNBC spoke to three startups — France-based Zephalto, Florida-based Space … Read more

Airbus showcases ‘Wingman’ drone concept at 2024 ILA Berlin Air Show

Airbus showcases ‘Wingman’ drone concept at 2024 ILA Berlin Air Show

An Airbus Wingman air combat drone stands on display at the 2024 ILA Berlin Air Show on June 05, 2024 in Schoenefeld, Germany. Sean Gallup | Getty Images News | Getty Images Airbus this week revealed the concept for a new fighter-type drone, called Wingman, and showcased a model of it at Berlin’s massive ILA … Read more