SpaceX rival TEC raises $160 million for reusable space capsule

SpaceX rival TEC raises 0 million for reusable space capsule

The Space Exploration develops a product called Nyx, a reusable capsule that can be launched from rockets into space carrying passengers and cargo. The Exploration Company (TEC) announced Monday it has raised $160 million to fuel development of its capsule that is designed to take astronauts and cargo to space stations. Venture capital firms Balderton … Read more

Elon Musk and Putin talks ramped up during Twitter takeover: WSJ

Elon Musk and Putin talks ramped up during Twitter takeover: WSJ

Tesla and SpaceX CEO Elon Musk has engaged in secret talks with Russian President Vladimir Putin since late 2022, according to reporting published Thursday by The Wall Street Journal. Citing “several current and former U.S., European and Russian officials,” the Journal reported that conversations between Putin and Musk, a Republican megadonor and Pentagon contractor, took … Read more

Boeing (BA) 3Q 2024 earnings

Boeing (BA) 3Q 2024 earnings

Workers picket outside the Boeing Co. manufacturing facility during a strike in Renton, Washington, US, on Thursday, Oct. 3, 2024.  David Ryder | Bloomberg | Getty Images Boeing‘s new CEO, Kelly Ortberg, said the company is reviewing its various businesses, laying out a vision for a leaner future at the troubled airplane manufacturer ahead of … Read more

Boeing’s defense unit chief Colbert is departing, CEO says

Boeing’s defense unit chief Colbert is departing, CEO says

Former CEO for Boeing’s defense, space and security subdivision Ted Colbert speaks during a press conference in Dubai on Nov. 16, 2019. Karim Sahib | AFP | Getty Images The head of Boeing‘s defense unit Ted Colbert is leaving the company effective immediately, said CEO Kelly Ortberg, marking his first major executive change since he … Read more

United Airlines to offer free Wi-Fi using Starlink from Elon Musk’s SpaceX

United Airlines to offer free Wi-Fi using Starlink from Elon Musk’s SpaceX

A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on August 24, 2024 in San Diego, California.  Kevin Carter | Getty Images United Airlines said Friday that it plans to offer inflight Wi-Fi for free using Starlink from Elon Musk’s SpaceX on its hundreds of jetliners, … Read more

Elon Musk’s Starlink says it will block X in Brazil

Elon Musk’s Starlink says it will block X in Brazil

Jaque Silva | SOPA Images | Lightrocket | Getty Images Starlink, the satellite internet service owned and operated by SpaceX, said it will block social network X in Brazil to continue operations there without the threat of losing its license. Elon Musk owns both businesses. Brazil’s supreme court blocked X in the country after it … 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

SpaceX repeatedly polluted waters in Texas, TCEQ, EPA found

SpaceX repeatedly polluted waters in Texas, TCEQ, EPA found

SpaceX’s Starship launches its fourth flight test from the company’s Boca Chica launchpad, designed to eventually send astronauts to the moon and beyond, near Brownsville, Texas, U.S. , in this handout picture obtained on June 6, 2024.  Spacex | Via Reuters Elon Musk’s SpaceX violated environmental regulations by repeatedly releasing pollutants into or near bodies … 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

First Ariane 6 launch of European rocket

First Ariane 6 launch of European rocket

This photograph shows the takeoff of the European Space Agency satellite launcher Ariane 6 rocket from its launch pad, at the Guiana Space Centre in Kourou, French Guiana, on July 9, 2024. Jody Amiet | AFP | Getty Images The powerful European-built Ariane 6 rocket made its long-awaited liftoff on Tuesday as the region returned … Read more