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☆ Destiny CEO Sohail Prasad talks investing in private companies like SpaceX
▼ + stars: | 2024-06-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDestiny CEO Sohail Prasad talks investing in private companies like SpaceXSohail Prasad, Destiny CEO, discusses how his fund helps investors put money into private companies like SpaceX and Epic Games.

Persons: Sohail Prasad Organizations: Destiny, SpaceX, Epic Games

☆ Tesla pops 6% in premarket after Elon Musk says he is set for victory in $56 billion pay vote
▼ + stars: | 2024-06-13 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Shares of Tesla popped in premarket trading, after Elon Musk said shareholders are set to approve his controversial $56 billion pay package and a resolution to move the electric car maker's incorporation to Texas. Tesla shareholders have been voting on two resolutions and can have their say up to the company's annual meeting on Thursday. The first measure under consideration is whether to green light a $56 billion pay package that shareholders originally approved in 2018, before being voided by a Delaware judge in January. Musk now said that both of these resolutions are currently passing by "wide margins," without disclosing specifics or his sourcing. Critics of the pay deal argue that Musk is distracted by his other endeavors, and that the package, the largest in U.S. corporate history, is excessive.

Persons: Elon Musk, Tesla, Musk Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, CNBC, Twitter Locations: Beverly Hills , California, Texas, Delaware

☆ Elon Musk sure seems to be following Donald Trump's playbook
▼ + stars: | 2024-06-13 | by ( Aditi Bharade | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewElon Musk seems to be taking a page out of Donald Trump's playbook. This story is available exclusively to Business Insider subscribers. Musk admitted in his March interview with Don Lemon that he takes a "small amount" of ketamine every other week. Representatives for Musk didn't immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Elon, Donald Trump's playbook, Trump, Musk, David Sacks, Chamath Palihapitiya, they've, Zuck, Mark Zuckerberg, Sam Altman, There's, Don Lemon, Lemon, Musk didn't Organizations: Service, White, Business, Tesla, SpaceX, Wall Street, Trump, Reuters, Republican, OpenAI, Microsoft, Representatives Locations: San Francisco

☆ Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
▼ + stars: | 2024-06-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +4 min

Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in Delaware ordered the company to rescind the package, finding it had been improperly granted by the board. Watch Elon Musk speak at the Tesla shareholder meeting nowThe compensation package was previously worth as much as $56 billion in Tesla stock. However, during last year's meeting, Musk promised shareholders he would spend less time on the app going forward, calling the business a "short-term distraction." Regarding the Cybertruck, which hit the market in late 2023, Musk said deliveries are picking up. Musk promised Tesla would move into "limited production" of Optimus in 2025 and test out humanoid robots in its own factories next year.

Persons: Elon, Musk, Judge Kathaleen McCormick, didn't, Tesla, He's, Pony.ai, Didi, Waymo, Optimus, Cathie Wood Organizations: ., Shareholders, SpaceX, Tesla, ARK Locations: Delaware, Austin , Texas, China, Texas

☆ Elon Musk's payday drama comes to a head today
▼ + stars: | 2024-06-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

It's always sunny at Business Insider when "Welcome to Wrexham" star Rob McElhenney is around. In today's big story, we're looking at the drama between Tesla shareholders over Elon Musk's bumper pay package that gets decided on today . As funny as that sounds, the battle over Elon Musk's pay package is no joke. One longtime Tesla investor said the EV maker is " kind of the bottom of the pecking pole of Elon's companies ." Vote here on if you're for or against Musk's pay package .

Persons: —, Rob McElhenney, Elon, Apu Gomes, Chelsea Jia Feng, Insider's Grace Kay, they're, he's, Brooks Kraft, Musk, it's, Gwynne Shotwell, Somodevilla, Blackstone, Dan Ives, Araya Doheny, Patrick Fallon, Jenny Chang, Rodriguez, Henrik, Fisker, VCs, that's, whittle, Mark Zuckerberg, de Haro, Gen Zers, Mike Verdu, Slack, Brad Smith, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Elon, Getty, Retail, Brooks Kraft LLC, Nvidia, Tesla, Wall, SpaceX, Federal Reserve, Big Apple, Apple, Microsoft, BI, Adobe Locations: Wrexham, Delaware, Tesla, Manhattan, New York, London

☆ Elon Musk says Tesla shareholders have re-approved his pay package worth billions that a judge struck down
▼ + stars: | 2024-06-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +8 min

New York CNN —Elon Musk said late on Wednesday that Tesla shareholders have re-approved a pay package worth billions that was already thrown out by a Delaware judge earlier this year in a vote that also approved moving Tesla to Texas. “Both Tesla shareholder resolutions are currently passing by wide margins! He famously bought social media platform Twitter for $44 billion in 2022, selling $22.9 billion of his Tesla shares to help fund that purchase. But perhaps a more serious concern among Tesla shareholders is the pioneering electric car company itself. Even with Musk’s pay package again endorsed by shareholders, the Delaware court could still have the final say.

Persons: New York CNN — Elon Musk, Musk, ”, Tesla, Chancellor Kathaleen McCormick, Antonio Gracias, Musk’s, Todd Maron, “, McCormick, ” Tesla, Robyn Denholm, Elon, ” Denholm, Cathie Wood, Ark, Ron Baron, Baron Capital, “ Elon, ’ ”, he’s, X, retweeted Organizations: New, New York CNN, Securities and Exchange Commission, SpaceX, Neuralink, Boring Company, Elon, Ark Invest, Baron, California, Fund, Twitter, Tesla Locations: New York, Delaware, Texas, Norwegian, Tesla

☆ Bezos' Blue Origin joins SpaceX, ULA in winning bids for $5.6 billion Pentagon rocket program
▼ + stars: | 2024-06-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

The Pentagon announced the first winning bidders in its rocket launch contract sweepstakes on Thursday, with Jeff Bezos' Blue Origin grabbing a spot for the first time. Blue Origin's winning bid came as part of contracts awarded under the Pentagon's $5.6 billion National Security Space Launch program. Blue Origin, SpaceX, and ULA did not immediately respond to CNBC requests for comment. Under the program, known as NSSL Phase 3 Lane 1, the trio of companies will be eligible to compete for contracts through mid-2029. Blue Origin, as well as Northrop Grumman , missed out on Phase 2 when the Pentagon selected ULA and SpaceX for the program in August 2020.

Persons: Jeff Bezos, Blue Origin's, Elon Musk's, Alliance –, Lockheed Martin, ULA, Northrop Grumman Organizations: Glenn, Pentagon, Security, Elon Musk's SpaceX, United, Alliance, Lockheed, Boeing, SpaceX, CNBC, Northrop Locations: ULA

☆ Video: Former employee suing SpaceX and Elon Musk tells CNN what it was like working at company
▼ + stars: | 2024-06-13 | by ( Ontaria Woods | ) edition.cnn.com time to read: 1 min

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☆ Jeff Bezos has a vision to colonize space with a trillion people. We asked experts to put it to the test.
▼ + stars: | 2024-06-13 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +8 min

Jeff Bezos's space colonies would look like cylindersAn artist's concept of an O'Neill space colony, which could theoretically emulate Earth-like living conditions in space. O'Neill space colonies would be large enough to host entire cities, 10,000-foot-tall mountains, and millions of people. AdvertisementBezos isn't suggesting that people will be living in O'Neill space colonies by the end of the century. AdvertisementSaving Earth would be far easier than building Bezos' space colonies, he told BI. Even if we never make it to space colonies, the work of researchers studying extraterrestrial colonization could benefit us here on Earth.

Persons: —, Jeff Bezos, podcaster Lex Fridman, Bezos, Fridman, astrobiologists —, Jeff Bezos's, O'Neill, Gerard K, Anthony Longman, Longman, Rebeca Gonçalves, Adam Watkins, we've, Watkins, you've, We've, Martin Rees, Gonçalves, Rees Organizations: Service, Business, Elon, SpaceX, European Space Agency, NASA, University of Nottingham, United, Royal Locations: Antonio , TX, O'Neill

☆ GameStop: Why this meme stock frenzy is different from 2021
▼ + stars: | 2024-06-12 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —Meme stock mania is back. Meme stocks saw a resurgence last month after Keith Gill, an investor who helped stoke the meme stock frenzy in 2021, made his first post on X in three years. For many traders who experienced the original meme stock craze, the phenomenon has prompted a wave of deja vu. Still, there are key differences between the reignited 2024 meme stock craze and the original in 2021. While GameStop shares have surged in recent weeks, it is still down 65% from its record high closing price in 2021.

Persons: Keith Gill, ” Gill, Gill, —, that’s, Craig Sarembock, ”, Joe Biden, Donald Trump, Trump, Biden, Samantha Delouya, That’s, Elon Musk, OpenAI, Hanna Ziady, ” Musk, Apple Organizations: CNN Business, Bell, New York CNN, stoke, GameStop, CNN, Federal Reserve, Bartlett Wealth Management, Global, ExxonMobil, Chevron, ConocoPhillips, EOG Resources, Schlumberger, Apple, SpaceX, Bluetooth, OpenAI, Developers Locations: New York, United States, OpenAI

☆ Ex-employees sue Elon Musk and SpaceX, claiming illegal firings after they called out alleged gender bias and harassment
▼ + stars: | 2024-06-12 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

New York CNN —SpaceX and CEO Elon Musk were sued on Wednesday by former employees who claim they were illegally fired for raising concerns about gender discrimination and sexual harassment at the rocket company. The eight former employees were involved in writing a 2022 open letter criticizing Musk and urging SpaceX executives to make the firm’s culture more inclusive. Following the letter’s release, the eight employees were fired. Wednesday’s complaint alleges that “Musk personally ordered the Plaintiff’s terminations.”SpaceX did not immediately respond to a request for comment on the lawsuit. (Musk has denied the harassment claims.)

Persons: Elon Musk, Musk, Twitter —, “ Musk, Gwynne Shotwell, Tom Moline, ”, ’, “, “ I’ve Organizations: New, New York CNN, SpaceX, Twitter, New York Times, National Labor Relations Board, CNN, MIT, Business Locations: New York, California, Texas

☆ SpaceX Is Sued by Employees Fired After Criticizing Musk
▼ + stars: | 2024-06-12 | by ( Eli Tan | ) www.nytimes.com time to read: +1 min

Eight former employees of Elon Musk’s rocket company, SpaceX, sued the company and Mr. Musk on Wednesday, contending they were wrongfully fired for raising concerns about sexual harassment and discrimination in the workplace. The employees were fired in 2022 after they circulated an open letter urging SpaceX executives to condemn Mr. Musk’s comments on Twitter, later renamed X, which amounted to “a frequent source of distraction and embarrassment for us.” After being made aware of the letter, Mr. Musk ordered the terminations, according to the complaint. “Our eight brave clients stood up to him and were fired for doing so,” Laurie Burgess, a lawyer representing the former SpaceX employees, said in a statement. “We look forward to holding Musk accountable for his actions at trial.”The plaintiffs are seeking an unspecified amount of compensatory damages. SpaceX did not immediately respond to a request for comment.

Persons: Musk, Musk’s, ”, “, ” Laurie Burgess Organizations: Elon, SpaceX, Twitter

☆ Elon Musk threatens to ban iPhones at his companies if Apple integrates ChatGPT
▼ + stars: | 2024-06-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —Elon Musk is not happy about a new partnership between Apple and ChatGPT creator OpenAI. “Apple has no clue what’s actually going on once they hand your data over to OpenAI,” Musk said in a separate post. OpenAI’s technology will support some of these new tools — for example, allowing users to direct questions to ChatGPT via their Apple devices. Greg Brockman, OpenAI president, said late Monday that ChatGPT would be integrated into Apple’s operating systems for iPhones, iPads and Mac computers. So Musk’s employees may have limited options if he wants to ban rival AI — or even OpenAI — from his companies.

Persons: London CNN — Elon Musk, OpenAI, ” Musk, Apple, Musk’s, Siri, Greg Brockman, We’re, Will, Sam Altman, ”, Catherine Flick, ” OpenAI, ” Matt Britzman, Hargreaves Lansdown Organizations: London CNN, Apple, SpaceX, Bluetooth, ” CNN, OpenAI, Developers, Apple Intelligence, Google, Samsung, Microsoft, Windows, Staffordshire University Locations: OpenAI, ”, England

☆ Elon Musk threatens to ban Apple devices from his companies over OpenAI partnership
▼ + stars: | 2024-06-10 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Elon Musk, the CEO of Tesla and SpaceX, threatened to ban Apple devices from his companies on Monday after the iPhone maker announced a partnership with OpenAI. In a series of posts on his social media platform X, Musk shared concerns about whether Apple and OpenAI will protect users' information. He specifically said that Apple devices would be banned if the company "integrates OpenAI at the OS level," referring to Apple's operating system. Musk replied directly to a post from Apple CEO Tim Cook and claimed he will ban Apple devices from his companies' premises unless Cook decides to "stop this creepy spyware." He added that his companies' visitors will be asked to check their Apple devices at the door.

Persons: Elon Musk, The Beverly Hilton, Musk, Apple, Siri, ChatGPT, Tim Cook, Cook, He's, Sam Altman, OpenAI, Altman, didn't, —, Steve Kovach, Lora Kolodny, Tesla Organizations: SpaceX, Tesla, The Beverly, OpenAI, Apple, CNBC, Company Locations: Beverly Hills , California, U.S

☆ California pension fund opposes 'ridiculous' Elon Musk pay package at Tesla
▼ + stars: | 2024-06-10 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

This pay package is ridiculous," Ailman said on " Squawk on the Street ." The vote this week is to effectively reinstate a 2018 pay package that was struck down by a judge in January. California State Teachers' Retirement System Chief Investment Officer Chris Ailman said the fund opposed the pay package previously and will do so again. The head of a massive California pension fund told CNBC on Monday that he is voting against the revised pay package for Tesla CEO Elon Musk. The billionaire has indicated that he might focus more on his other projects if the Tesla pay package is rejected.

Persons: Elon Musk, Tesla, Porte, Ailman, Chris Ailman, CalSTRS, Musk Organizations: Viva Technology, Porte de, California State Teachers, CNBC, Tesla, SpaceX Locations: Paris, France, California, Tesla, Texas

☆ Tesla shareholders to vote whether Elon Musk deserves billions judge struck down
▼ + stars: | 2024-06-09 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Tesla’s controversial CEO Elon Musk, and his massive wealth, are front and center in a shareholder vote this coming week. Now, Musk and the board want Tesla shareholders not only to vote again to give him back those stock options, but to relocate Tesla away from the judge’s state entirely. Despite the widespread support among shareholders back in 2018 for Musk’s pay package, the Tesla board seems to be scrambling to shore-up support for this month’s vote. But perhaps a more serious concern among Tesla shareholders is problems faced by the electric car pioneer itself. “When Tesla achieved targeted earnings, revenues, and market cap metrics, Tesla’s shareholders benefitted greatly.

Persons: New York CNN —, Elon Musk, Tesla, Chancellor Kathaleen McCormick, ” McCormick, “ Musk, McCormick, ” Tesla, Robyn Denholm, Elon, ” Rather, ”, ” Denholm, “, he’s, Dan Ives, it’s, they’re, Ives, Neuralink, Musk, ” Ives, Ron Baron, Baron Capital, ” Baron, Glass Lewis Organizations: New, New York CNN, SEC, Musk, Elon, Twitter, Wedbush Securities, SpaceX, The Boring Company, Baron, Institutional, Services Locations: New York, Delaware, Texas, Tesla’s Texas, “

☆ Boeing Starliner, SpaceX Starship missions hit key spaceflight goals
▼ + stars: | 2024-06-08 | by ( Ashley Strickland | ) edition.cnn.com time to read: +6 min

Chris O'Meara/APAfter lifting off Wednesday, Starliner and its first human crew set a course for the International Space Station. “We’re just happy as can be to be up in space,” Williams said. “One could be a warning sign — you’re in our backyard, you better behave yourself. The dinosaur-discovering family returns to the site in July 2023 for the excavation, including (clockwise from upper left) Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen and Jessin Fisher. They find wonder in planets beyond our solar system and discoveries from the ancient world.

Persons: Chris O'Meara, Butch Wilmore, Suni Williams, We’re, ” Williams, —, ”, Philip Riris, ” Dino, Sam Fisher, Emalynn Fisher, Danielle Fisher, Liam Fisher, Kaiden Madsen, Jessin Fisher, Jessin, Liam, Genyornis newtoni, Jacob C, newtoni, George Frandsen, Ashley Strickland, Katie Hunt Organizations: CNN, SpaceX, eventual, Boeing, Atlas, Cape Canaveral Space Force, International Space, NASA, Bournemouth University, Denver Museum of Nature, Denver Museum of Nature & Science, — Engineers, NASA’s Hubble, CNN Space, Science Locations: Florida, Starliner, Venezuela, Colombia, England, Australia, Williams , Arizona

☆ Retail investors may be a step closer to investing in unicorns
▼ + stars: | 2024-06-08 | by ( Emily Glass | ) www.cnbc.com time to read: +1 min

An alternative trading platform CEO wants to revolutionize private equity investing to help mitigate a stalling initial public offering market. So, Forge Global's Kelly Rodriques partnered with Accuidity to launch the Forge Accuidity Private Market Index this spring. The Forge Accuidity Private Market Index consists of 60 private companies including SpaceX, Stripe and Epic Games, according to Forge Global's website. That means even with Forge's new initiative, only institutional investors and individuals with a high net worth can purchase shares. But anyone, accredited or not, can sell their shares of private companies on the platform.

Persons: Global's Kelly Rodriques, Accuidity, Rodriques, CNBC's Organizations: SpaceX, Games

☆ Behind Boeing's decade-long struggle to launch astronauts on Starliner
▼ + stars: | 2024-06-08 | by ( Magdalena Petrova | ) www.cnbc.com time to read: +1 min

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. "The entirety of the Commercial Crew Program was very much a new venture," said Caleb Henry, director of research at Quilty Space. Of the nearly $5 billion Boeing has received to develop Starliner to date, the company has spent $1.5 billion to cover delay overruns. SpaceX, meanwhile, has completed over a dozen crewed missions to space, launching both NASA astronauts and private citizens since 2020.

Persons: Caleb Henry, Henry, it's Organizations: Boeing, International Space Station, NASA, SpaceX, Elon

☆ Norway wealth fund to vote against Musk's $56 billion Tesla pay package
▼ + stars: | 2024-06-08 | by ( ) www.cnbc.com time to read: +1 min

Norway's $1.7 trillion sovereign wealth fund said on Saturday it will vote against ratifying Tesla CEO Elon Musk's $56 billion pay package, which is up for a shareholder vote next week, after a Delaware judge invalidated it earlier this year. The fund said it appreciated "the significant value generated under Mr. Musk's leadership since the grant date in 2018". In 2018, the fund had voted against the package. The fund, which holds a 0.98% stake worth $7.7 billion according to fund data, has been critical of excessive CEO pay. Last year it voted against more than half of U.S. CEO pay packages above $20 million, warning they did not align with long-term value creation for shareholders.

Persons: Elon Musk, Tesla, Elon Musk's, NBIM Organizations: SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Tesla, Norges Bank Investment Management Locations: Beverly Hills , California, Delaware, America

☆ SpaceX’s Starship launches for a fourth time
▼ + stars: | 2024-06-06 | by ( Ashley Strickland | Jackie Wattles | ) edition.cnn.com time to read: +7 min

CNN —SpaceX’s Starship, the most powerful launch vehicle ever built has lifted off on its fourth flight test on Thursday. The flight test comes two days after the Federal Aviation Administration, which licenses commercial rocket launches, gave SpaceX its approval. “The fourth flight of Starship will aim to bring us closer to the rapidly reusable future on the horizon,” according to SpaceX. After the explosive first and second Starship test flights, the company immediately sought to frame these mishaps as successes. But both the Starship spacecraft and booster made it farther into flight than the two previous tests in 2023.

Persons: CNN — SpaceX’s, “, “ We’re, Chandan Khanna, Elon Musk, Topping, Artemis —, Artemis Organizations: CNN, SpaceX, Federal Aviation Administration, NASA’s, Program, Boeing, NASA, International Space, Super, Getty Locations: Boca Chica , Texas, Gulf, Mexico, United States, China

☆ Starship lands in the ocean with its engines firing for the first time, bringing Elon Musk one step closer to Mars
▼ + stars: | 2024-06-06 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Super Heavy landed in the Gulf of Mexico minutes after lift-off. A screengrab from SpaceX's livestream of the June 6, 2024 launch shows Starship sitting atop its Super Heavy booster on the launchpad. One of the engines on SpaceX's Super Heavy booster was not lit during its fourth launch. SpaceX reaches a major new milestone by landing its Super Heavy booster in the Gulf of Mexico. SpaceXOn its next flight, SpaceX might attempt to catch the Super Heavy booster with giant "chopsticks" on its Texas launch tower.

Persons: —, Elon Musk's, Musk, Starship Organizations: Service, Super, Business, SpaceX, Starship, Starship's, of, NASA Locations: Gulf, Mexico, SpaceX's, Texas, Gulf of Mexico, Boca Chica , Texas

☆ Eric Schmidt is poaching from Apple, SpaceX, and Google for his secretive AI military drone project
▼ + stars: | 2024-06-06 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Eric Schmidt's AI drone company is poaching from Apple, SpaceX, and Google, according to Forbes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEric Schmidt's AI-powered military drone venture is quietly arming up. Forbes reports the ex-Google CEO's secretive company has poached roughly a dozen employees from Apple, SpaceX, Google, and more over the past several months. It's also sourced key candidates from the federal government and Schmidt's own nonprofit organization, Schmidt Futures, according to Forbes.

Persons: Eric Schmidt's, — Organizations: Apple, SpaceX, Google, Forbes, Eagle, Service, Schmidt, Business Locations: Valley, Ukraine

☆ Boeing Starliner docks with ISS, delivering its first NASA crew to space station
▼ + stars: | 2024-06-06 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Boeing's Starliner capsule is seen while approaching the International Space Station with two NASA astronauts on board on June 6, 2024. Boeing's Starliner capsule docked with the International Space Station on Thursday, a milestone for the company's crew spacecraft in a crucial test flight. The spacecraft docked with the ISS at 1:34 p.m. There are now two U.S.-built crew spacecraft docked with the ISS for the first time. The mission represents a final major step before NASA certifies Boeing to fly crew on operational missions.

Persons: Boeing's, Boeing's Starliner Organizations: NASA, International, Boeing, ISS Locations: U.S

☆ SpaceX launches fourth Starship test flight
▼ + stars: | 2024-06-06 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

SpaceX launched a fourth test flight of its Starship rocket on Thursday, as the company looks to push development of the mammoth vehicle past new milestones. Cheney Orr | ReutersSpaceX has flown the full Starship rocket system on three spaceflight tests previously, with launches in April 2023, November and March. Each of the test flights have achieved more milestones than the last, but each result destroyed the rocket before the flight's end. SpaceX will be looking to surpass the third test flight's milestones. "The primary objectives will be executing a landing burn and soft splashdown in the Gulf of Mexico with the Super Heavy booster, and achieving a controlled entry of Starship," SpaceX wrote.

Persons: Elon, SpaceX's, Cheney Orr, we've, Joe Skipper, it's Organizations: SpaceX, Elon Musk's, Boca Chica, Reuters SpaceX, NASA, Reuters, Super Locations: Boca Chica , Texas, Gulf of Mexico, Brownsville , Texas, U.S, Gulf, Mexico

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