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

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

CNBC Daily Open: Nvidia’s ‘drop-the-mic moment’

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … 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

Elon Musk Will Crash The International Space Station Into The Sea

Elon Musk Will Crash The International Space Station Into The Sea

Photo: Paolo Nespoli – ESA/NASA (Getty Images) The International Space Station is dying. Once an icon of space exploration, something I would stare up at the sky in hopes of seeing as a kid, the station is now spending its last few years in orbit before being taken down by NASA. Or, more specifically, being … Read more

Warp Speed, Flight Attendants And Tsunamis

Warp Speed, Flight Attendants And Tsunamis

Warp speed, hyperspeed, whatever you call it we might get that fast one day. Image: Yuichiro Chino (Getty Images) There have been some awesome inventions in the world of science fiction over the years. Whether it’s the Tardis from “Dr Who” and its miraculous traveling abilities or the teleporting talents of the protagonists in “Jumper,” … Read more

Boeing’s years-long struggle to launch astronauts on Starliner

Boeing’s years-long struggle to launch astronauts on Starliner

Boeing‘s Starliner is a human-grade space capsule designed to take astronauts to and from the International Space Station. Boeing began work on the capsule in 2014, when it signed a $4.2 billion contract with NASA under the agency’s Commercial Crew Program. NASA also selected SpaceX for the job, giving Elon Musk’s company $2.6 billion to … Read more