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Kam Ghaffarian, co-founder and chairman of Axiom Space Inc., speaks during an interview at the company's headquarters in Houston, Texas, U.S., on Friday, Jan. 14, 2022. IBX's Kam Ghaffarian wants to go even further: the stars. Ghaffarian has been instrumental in ushering in the new space economy, having co-founded and invested in a cadre of commercial space ventures. Unlike other high-profile billionaires building commercial space companies, Ghaffarian made his fortune through the space industry, and rather than focusing on access to space, he's leveraging those falling costs to build out infrastructure and business activities in space. Ghaffarian believes the space economy will be worth trillions of dollars — and sooner than many realize.
Persons: Kam Ghaffarian, Jeff Bezos, Richard Branson, Elon Musk, IBX's Kam Ghaffarian, CNBC's Morgan Brennan, Ghaffarian, Odysseus, he's, We've, Jeff, Bezos, we've, Morgan Brennan, it's Organizations: Space, International, Elon, Technologies, NASA, KBR, SpaceX Locations: Houston , Texas, U.S, Colorado Springs, Iran
Live updates: Odysseus moon landing
  + stars: | 2024-02-22 | by ( Elise Hammond | Jackie Wattles | ) edition.cnn.com   time to read: +1 min
Intuitive Machines Co-Founder, President, and CEO Steve Altemus talks about the IM-1 Lunar Lander, Nova-C, during a press event, in Houston, in October 2023. Jonathan Newton/The Washington Post/Getty ImagesIntuitive Machines is a Houston-based company just up the road from NASA's Johnson Space Center, or JSC. It's one of several private-sector companies that have been tasked by the space agency to get robotic landers to the moon as NASA works on separate plans to return its astronauts. But it was later renegotiated, and — all told — Intuitive Machines could receive up to $118 million from NASA for this mission. Its stock has been on a tear recently amid its successes in space, surging up about 80% over the past five days as of Thursday afternoon.
Persons: Steve Altemus, Jonathan Newton, Steve Atlemus, JSC Kamal Ghaffarian, Tim Crain, landers Organizations: Washington Post, NASA's Johnson Space Center, JSC, NASA, Payload Services Locations: Nova, Houston, NASA's
Kam Ghaffarian’s Moonshots
  + stars: | 2024-02-18 | by ( Tim Fernholz | ) www.nytimes.com   time to read: +1 min
Much of the American space program is run out of nondescript offices in the Washington, D.C., suburbs. That’s where Kam Ghaffarian, the billionaire space entrepreneur, could be found on an auspicious day. Mr. Ghaffarian, 66, sat at a table made of gently glowing white onyx, also from Iran. Mr. Ghaffarian said he imported the stone because of its unique translucence when lit and because of the energy (spiritual, not physical) that the billion-year-old mineral emits. Just a few weeks later, Mr. Ghaffarian’s company tried to do something no private organization has ever done: Touch down softly on the surface of the moon.
Persons: Kam Ghaffarian, Ghaffarian, , Ghaffarian’s Organizations: D.C Locations: Washington, That’s, United States, Iran
PARIS — Lunar-focused space company Intuitive Machines announced Friday it will go public via a SPAC in a deal that values the venture at about $1 billion. Intuitive Machines will be listed on the Nasdaq under ticker symbol "LUNR." Intuitive Machines is the latest space company to go public through a SPAC. The company has four business units: Lunar Access Services, Lunar Data Services, Orbital Services, and Space Products and Infrastructure. Together, Intuitive Machines is working on a variety of technologies that include propulsion and lunar vehicles.
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