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☆ Jack Dorsey gave his parents a security detail after Twitter banned Trump
▼ + stars: | 2024-02-20 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Jack Dorsey feared for his parents' safety after Twitter banned Donald Trump, a new book says. Twitter cofounder Jack Dorsey was concerned about his parents' safety after his company banned former President Donald Trump from the platform, according to a recent book on the social media company. The family faced security concerns after Twitter decided to permanently ban Trump from the site following the insurrection at the Capital in 2021. AdvertisementDorsey and his family were not the only ones to face security concerns over their involvement with the social media company. "If I die under mysterious circumstances, it's been nice knowin ya," the billionaire posted on social media last May.

Persons: Jack Dorsey, Donald Trump, Kurt Wagner, Marcia, St . Louis, Elon Musk, Wagner, Dorsey, Tim, Yoel Roth, Roth, Musk, it's, Meta, Mark Zuckerberg, Rob Price, Zuckerberg Organizations: Twitter, Trump, Capital, Facebook, YouTube, BBC Locations: St ., Russia, Ukraine, San Francisco

☆ Intuitive Machines stock jumps 16% after company says moon mission is in 'excellent health'
▼ + stars: | 2024-02-16 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. Shares of Intuitive Machines jumped for a second consecutive day after the company issued an update that said its moon lander mission "is in excellent health." The Texas-based lunar company launched its inaugural cargo mission, known as IM-1, on a SpaceX rocket early Thursday morning. Intuitive Machines' stock jumped as much as 30% in early trading Friday before paring gains to trade up about 16% from its previous close of $6.70 a share. Since IM-1 launched, Intuitive Machines' stock is up 75% as of Friday's trading high.

Persons: Andrew Chanin, that's, Chanin Organizations: SpaceX, CNBC, NASA Locations: Texas

☆ Investing in Space: The role of Starlink in limiting space debris
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. But – in the latest edition of "SpaceX is the industry exception, not the rule" – the company's recent announcement that it will de-orbit 100 Starlink satellites is a different story. For one, that number represents about 2% of the Starlink satellites launched to date. And, at SpaceX's current rates, they're able to produce and launch replacement satellites in about two weeks time. More importantly, in the ongoing conversation about space debris: SpaceX has a distinct incentive to make sure any faulty Starlink satellites don't end up in the future path of its own rockets and spacecraft.

Persons: CNBC's Michael Sheetz, Brian Weeden Organizations: SpaceX, Secure, Foundation

☆ Moon company Intuitive Machines begins first mission after SpaceX launch
▼ + stars: | 2024-02-15 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +4 min

Intuitive Machines' Nova-C lander launched from Florida on SpaceX's Falcon 9 rocket, beginning the IM-1 mission. Intuitive Machines' Nova-C lander "Odysseus" deploys from the upper stage of SpaceX's Falcon 9 rocket to begin the IM-1 mission. NASA leadership emphasized before the launch that "IM-1 is an Intuitive Machines' mission, it's not a NASA mission." After landing, Intuitive Machines aims to operate Odysseus on the surface for up to seven days. Last month, U.S. company Astrobotic got its first moon mission off the ground but encountered problems shortly after launch.

Persons: Paul Hennessy, Trent Martin, Odysseus, it's, Joel Kearns, Kearns, Russia —, ispace, Astrobotic, didn't Organizations: SpaceX, Kennedy Space Center, Anadolu, Getty Images, Machines, SpaceX's, NASA, Payload, Artemis, Nasdaq, Marshall Space, Center, Soviet Union —, U.S Locations: Cape Canaveral , Florida, Getty Images Texas, U.S, Florida, United States, Wednesday's, Japan, Russia, Soviet Union, China, India

☆ Japan Takes Another Shot at Next-Generation H3 Rocket Launch
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +5 min

The Japan Aerospace Exploration Agency (JAXA) plans to launch its second H3 on Saturday from its Tanegashima Space Center in southern Japan. The setbacks of the H3 and another small rocket, Epsilon, have caused widespread delays in Japanese satellite launches. Saturday's H3 launch carries a dumbbell-shaped 2.6-ton dummy mass simulating a satellite payload. Launch operator Mitsubishi Heavy hopes to launch six H3s a year once stable production is established. Another objective is to win orders from global clients, as satellite launch demands have skyrocketed thanks to affordable commercial vehicles such as SpaceX's reusable Falcon 9.

Persons: Kazuto Suzuki, Masayuki Eguchi, Lockheed Martin, Masashi Okada, Okada, Ko Ogasawara, Ogasawara, Kairos, Kantaro Komiya, Gerry Doyle Organizations: SLIM, University of Tokyo, Japan Aerospace Exploration Agency, JAXA, Mitsubishi Heavy Industries, Mitsubishi, Epsilon, Canon Electronics, U.S, European Space Agency, United Launch Alliance Vulcan, Boeing, Lockheed, Tokyo University of Science, Technologies Locations: TOKYO, Japan, United States, India, Tokyo

☆ K2 Space, a startup with SpaceX veterans building monster satellites, raises $50 million
▼ + stars: | 2024-02-13 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market. The company's latest fundraiser was led by tech investor Brad Gerstner's Altimeter Capital and joined by Alpine Space Ventures, adding to the $8.5 million in seed funding it raised from investors including First Round Capital and Republic Capital. K2 declined to specify its valuation after the most recent round. "This round is effectively built for the demand that we're seeing for launching constellations of the Mega class satellites," Karan Kunjur told CNBC. K2's Mega class satellite bus — the physical structure of a spacecraft that provides power, movement and more — is sized to fit in "heavy" and "super heavy" rockets.

Persons: Karan Kunjur, Neel Kunjur, Brad, Glenn Organizations: K2, Alpine Space Ventures, First, Capital, Republic Capital, CNBC Locations: Los Angeles

Hawaiian Airlines is rolling out complimentary Wi-Fi via SpaceX's Starlink on board commercial flights this week, the companies told CNBC, the first major U.S. airline to offer the satellite-based service. Hawaiian's plan for complimentary Wi-Fi comes as airlines ramp up their offerings for high-speed connectivity. "It really feels like an experience that should not be possible when you get on a commercial airline flight. Hawaiian signed an agreement with SpaceX in April 2022, looking to utilize the Starlink network – which consists of more than 5,000 satellites in low Earth orbit and boasts more than 2.3 million customers worldwide. The airline didn't previously offer inflight Wi-Fi.

Persons: Peter Ingram, Chad Gibbs, Gibbs Organizations: CNBC, U.S, SpaceX, Hawaiian Airlines, JetBlue Airways, Delta Air Lines, didn't Locations: U.S, Japan, Australia, New Zealand, Hawaii

☆ Elon Musk's SpaceX was the satellite villain of the skies. It's taking a 'money hit' to try and fix the problem.
▼ + stars: | 2024-02-07 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +7 min

Read previewNEW ORLEANS — When SpaceX launched its first Starlink satellites, astronomers all over the world freaked out and the company quickly became a villain of the skies. Nonetheless, Starlink satellites — now more than 5,000 strong — are streaking across astronomers' views of the cosmos, ruining their data. SpaceX leads the way for changeA satellite trail streaks in front of galaxies in this image from the Hubble Space Telescope. The visors were a regular feature for many Starlink satellites until SpaceX added laser communications. AdvertisementChris Hofer, international team lead for Amazon's Project Kuiper internet satellites, told the astronomers in New Orleans that SpaceX's Starlink tinkering has been helpful.

Persons: —, James Lowenthal, Lowenthal, SpaceX isn't, Jonathan McDowell, McDowell, that's, Patricia Cooper, Elon Musk, Slaven Vlasic, They're, Chris Hofer, Hofer, Kristina Barkume, Barkume Organizations: Service, SpaceX, New York Times, Business, Times, Hubble, Telescope, NASA, ESA, American Astronomical Society, International Astronomical Union, CPS, Planet Labs, Amazon Locations: New Orleans

☆ China Launches Powerful Jielong-3 Rocket, Paves Way for More Commercial Missions
▼ + stars: | 2024-02-03 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +3 min

BEIJING (Reuters) - A small but powerful Chinese rocket capable of sending payloads at competitive costs delivered nine satellites into orbit on Saturday, Chinese state media reported, in what is gearing up to be another busy year for Chinese commercial launches. It was the third launch of the rocket, developed by China Rocket Co, a commercial offshoot of a state-owned launch vehicle manufacturer, since December 2022. The cost is similar to the launches of other Chinese small-lift rockets including the Long March 11, but their payload sizes are significantly smaller. Other commercial companies in the Chinese vehicle launch sector includes Galactic Energy, whose Ceres-1 rocket made its debut flight in November 2020. Ceres-1 is capable of delivering a 300 kg payload to a 500 km sun-synchronous orbit.

Persons: Xi Jinping, Ryan Woo, Jacqueline Wong Organizations: China, Co, Geely Holding, CAS Space, Chinese Academy of Sciences, Galactic Energy Locations: BEIJING, Yangjiang, Guangdong, Guangzhou, Lijian, Ceres, Beijing, Shandong

☆ Hundreds of business execs just ranked Elon Musk America's most overrated CEO
▼ + stars: | 2024-02-01 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +2 min

Elon Musk was ranked the most overrated CEO in America in a Fortune survey. A survey of hundreds of business executives conducted by Fortune just ranked Musk as America's most overrated CEO. Musk, who was also named the most overrated CEO in last year's survey, received 399 votes this year. Microsoft chief Satya Nadella was ranked the most underrated CEO, receiving 274 votes. Representatives for Musk did not immediately respond to a request for comment from Business Insider sent outside regular business hours.

Persons: Elon Musk, Musk, Bob Iger, —, Fortune, Satya Nadella, Nadella, Tesla Organizations: Disney, Service, Fortune, Microsoft, SpaceX, Business Insider Locations: America, Mars

☆ Investing in Space: NASA panel warns astronaut moon plan may be too ambitious
▼ + stars: | 2024-02-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

The Moon's surface seen from the Orion spacecraft on flight day 20 of the Artemis I mission. CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. NASA's Artemis moon mission program regularly faces a wide swath of questions – from legislators, auditors, companies and even just the American public – about goals, timeline, cost and more. Call it an Artemis mission! If Orion flying uncrewed around the moon is an Artemis mission, then the first uncrewed HLS landing should be too, because it's arguably just as important to the goal of landing humans back on the moon.

Persons: Artemis, CNBC's Michael Sheetz, it's Organizations: Orion, Aerospace, NASA, Artemis Locations: –

☆ Starlab, meet Starship: Private space station buys SpaceX launch for later this decade
▼ + stars: | 2024-01-31 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

An artist's rendering of the Starlab space station in low Earth orbit. Private station Starlab will fly on a Starship rocket later this decade to get to orbit, the companies' developing both spacecraft announced on Wednesday. Starlab represents one of the earliest commercial customers to order a Starship launch from SpaceX. The station is one of several currently in development by U.S. companies, as NASA prepares to retire the International Space Station in 2030. The space station's four-year development and construction timeline also gives SpaceX time to move forward with Starship, advancing from demonstration flights to launching customer spacecraft.

Persons: Starlab, Hilton – Organizations: Voyager Space, Airbus, Northrop Grumman, SpaceX, NASA, Space Station, Voyager Locations: U.S

☆ The wife of a SpaceX worker whose skull was fractured after rocket engine malfunction sues for negligence, report says
▼ + stars: | 2024-01-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Read previewThe wife of a SpaceX technician whose skull was fractured during a rocket malfunction in January 2022 is suing Elon Musk 's company for negligence. This story is available exclusively to Business Insider subscribers. An investigation by Reuters published late last year found that SpaceX has had at least 600 worker injuries since 2014. The report found that SpaceX's average injury rates at three of its facilities, including Hawthrone, far outpaced rates across the wider space industry. The average injury rate for SpaceX's California site was 1.8, compared to an industry average of 0.8 injuries per 100 workers in 2022.

Persons: —, Elon Musk, Francisco Cabada, Ydy Cabada, Ydy, Michael Rand, Musk Organizations: Service, SpaceX, Business, Occupational Safety, Health Administration, Reuters Locations: Hawthorne , California, Los Angeles , California, California

☆ Elon Musk's SpaceX seemingly bought a Boeing 737 with a strange livery — and nobody appears to know why
▼ + stars: | 2024-01-26 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

AdvertisementElon Musk's SpaceX has seemingly bought a Boeing 737 that used to belong to Air China, records show. Related storiesThe Federal Aviation Administration's registry shows the jet's owner is Falcon Aviation Holdings LLC. Unexpected visitor at LAX: A Boeing 737-800 with a distinctive livery, registered under Falcon Aviation Holdings LLC. #aviation #avgeek #airplanes #planespotting pic.twitter.com/mf6I29kt26 — AIRLINE VIDEOS (@airlinevideos) January 25, 2024Falcon Aviation Holdings took ownership of the 737-800 back in July, according to data from Planespotters.net. Most of them are owned by Falcon Landing LLC.

Persons: —, Elon, it's, Jack Sweeney Organizations: LAX, Boeing, SpaceX, Gulfstream, Service, Los Angeles International Airport, Federal Aviation, Falcon Aviation Holdings, Air, FALCON AVIATION, Falcon Landing, Business Locations: Air China, Hawthorne , California, Hawthorne

☆ Tesla shares drop 8% after company warns of slowdown in 2024
▼ + stars: | 2024-01-25 | by ( Arjun Kharpal | ) www.cnbc.com time to read: 1 min

Tesla and SpaceX's CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London on Nov. 2, 2023. Tesla shares fell in pre-market trade on Thursday, after the company reported earnings that missed expectations and warned of a slowdown in 2024. Shares of Tesla were around 8% at around 6.33 a.m. Tesla reported revenue and earnings on Wednesday that missed market expectations. Tesla's automotive revenue, a closely-watched metric, totaled $21.6 billion in the fourth quarter of 2023, rising just 1% year-on-year.

Persons: Tesla, Elon Musk, Rishi Sunak Organizations: British, Tesla Locations: London

☆ John Deere and SpaceX's Starlink team up to equip tractors with satellite internet, in a deal Elon Musk calls 'great for farmers'
▼ + stars: | 2024-01-16 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +3 min

Read previewElon Musk and SpaceX set out to blanket the world with high-speed internet using thousands of Starlink satellites. The tractor titan and satellite giant have signed a deal to connect tractors and other farming equipment to the internet, The Wall Street Journal reported. SpaceX uses Falcon 9 rockets to transport batches of around 60 Starlink satellites at a time. Paul Hennessy/SOPA Images/LightRocket via Getty ImagesJohn Deere tested different satellite options for about eight months, according to The Wall Street Journal report. Farmers will have to install Starlink antennas, which will be designed for rugged and dusty terrain, on the tops of vehicle cabs, The Wall Street Journal reported.

Persons: —, Elon, John Deere, Musk, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, Paul Hennessy, JC Schemper, Longmont , Colorado Rick Wilking Organizations: Service, SpaceX, Business, Street Journal, Deere, Twitter, British, Wall, Falcon, Getty, Wall Street, Reuters Locations: Brazil, London, Nebraska, Longmont , Colorado

☆ SpaceX is trying to take down the NLRB after a group of employees wrote an open letter denouncing Elon Musk's embarrassing behavior
▼ + stars: | 2024-01-14 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +9 min

Elon Musk's SpaceX has filed suit against the NLRB, arguing its proceedings are unconstitutional. The suit follows an NLRB accusation that SpaceX illegally fired employees who complained about Musk. SpaceX's suit could have wide-reaching impacts on federal agencies if successful, an expert told BI. Eight SpaceX employees were wrongfully terminated for their involvement in drafting and posting the letter, the NLRB alleged in its complaint against the billionaire's spacecraft manufacturing company. AdvertisementThe NLRB, in response to SpaceX's suit, has argued the case should be heard in California.

Persons: Elon, —, Musk, Musk's, SpaceX's, David Wimmer, Jerry Cutler, Cutler, Wimmer, they've Organizations: SpaceX, Service, National Labor Relations Board, Court, Southern, Southern District of Texas, Musk ., NLRB, Business Insider, Elon, Twitter, SpaceX Microsoft, CBS, United States, Supreme, Circuit, Columbia University, National Labor Relations Act, Federalist Society Locations: Brownsville, Southern District, Texas, California

☆ NASA delays crewed Artemis moon missions into 2025 as companies navigate challenges
▼ + stars: | 2024-01-09 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +2 min

NASA is pushing back the schedule for upcoming missions of its flagship Artemis lunar program by about a year as the agency's contractors work to finish technology needed to return U.S. astronauts to the moon's surface. Artemis 2 — with a four-person crew, which NASA announced last spring — was previously planned to launch in November, while Artemis 3 had been targeting December 2025. The pair of missions are set to follow the uncrewed Artemis I mission that flew in 2022. The Artemis program represents a series of missions with escalating goals, aiming to return astronauts to the lunar surface for the first time since the Apollo era. Nelson's comments confirm reporting by CNN and Reuters that NASA would be pushing out the schedule for the program.

Persons: Artemis, Reid Wiseman Victor Glover, Christina Koch, Jeremy Hansen, Bill Nelson, —, Lockheed Martin, Elon, Jeff Bezos Organizations: NASA, Artemis, CNN, Reuters, Boeing, Northrop Grumman, Lockheed, SpaceX, Collins Aerospace, SpaceX's Locations: U.S

☆ NASA's $93 billion moon-landing program looks really bad right now
▼ + stars: | 2024-01-09 | by ( Associated Press | ) www.businessinsider.com time to read: +4 min

The first human moon landing in more than 50 years also got bumped, from 2025 to September 2026. CHANDAN KHANNA/Getty ImagesLaunched on Monday as part of NASA's commercial lunar program, Astrobotic Technology's Peregrine lander was supposed to serve as a scout for the astronauts. Related storiesNASA is relying heavily on private companies for its Artemis moon-landing program for astronauts, named after the mythological twin sister of Apollo. SpaceX's Starship mega rocket will be needed to get the first Artemis moonwalkers from lunar orbit down to the surface and back up. In a test flight of its new moon rocket in 2022, the space agency sent an empty Orion capsule into lunar orbit and returned it to Earth.

Persons: —, Bill Nelson, Peregrine Lunar Lander, CHANDAN KHANNA, Astrobotic, Peregrine, Artemis, Timothy Clary, Elon Musk's, Amit Kshatriya Organizations: NASA, Service, Artemis, United Launch Alliance, Houston, Getty, SpaceX Locations: Pittsburgh, Texas, of Mexico, AFP

☆ Dud IPO market closes 2023 with a whimper for the second year in a row
▼ + stars: | 2023-12-08 | by ( Bob Pisani | ) www.cnbc.com time to read: +8 min

Another year, another lousy IPO market. The 2023 IPO market is closing with a whimper, not a bang. You'd think the IPO market would be bubbling, but it's dead quiet. Source: Renaissance Capital For a good part of the year, the excuse was interest rates were rising, the market was too volatile, and the after market performance of 2023 IPOs was terrible. The November rally is too little too late to save the IPO market Unfortunately, it all came a little too late to rescue 2023.

Persons: Birkenstock, You'd, Rivian, Doordash, IPOs, Matt Kennedy, Don Short, you've, haven't, confidentially, Waystar, Kim Kardashian's, Musk, Howe Ng, Ng, Kyle Stanford, Instacart, it's, James Ulan, Stanford, Pitchbook, Greg Martin Organizations: Renaissance, That's, IPOs, Hertz, Sotera, ARM, Renaissance Capital, Klarna, Microsoft, Forge Global, Bloomberg, SpaceX, Nvidia, Rainmaker Securities Locations: Pitchbook

Grimes alleged Elon Musk spent less than half his time in 2023 in Texas, in recent legal filings. Musk still spends two to three days a week in California, Grimes alleged. AdvertisementElon Musk — who moved Tesla's headquarters from California to Texas in 2021— has been spending less than half his time in the Lone Star State, Grimes alleged in recent legal documents. Musk quietly sued Grimes in Texas court in September to establish a "parent-child" relationship with the kids. While Grimes has said the child was with Musk in Texas over her objection, the details around the arrangement, and how she responded, are unclear.

Persons: Grimes, Elon Musk, Musk, —, Elon, Claire Boucher, X, Christopher Melcher, Walzer Melcher, Tesla, Peter Walzer Organizations: Service, Lone Star State, Tau, Business, Musk, Street Journal, Montessori, Twitter, SpaceX Locations: Texas, California, Austin , Texas, Austin, Hawthorne , California, Brownsville , Texas, Bay Area . Texas, Starbase, SpaceX's, Boca Chica , Texas, Snailbrook, Boring, Bastrop , Texas, State, San Francisco, Palo Alto

☆ SpaceX plans key NASA demonstration for next Starship launch
▼ + stars: | 2023-12-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

SpaceX could attempt a key demonstration for NASA during the third test flight of its towering Starship rocket, according to the federal agency. The propellant transfer demonstration would require that the rocket reach orbit as one of the demo's goals. "NASA and SpaceX are reviewing options for the demonstration to take place during an integrated flight test of Starship and the Super Heavy rocket. However, no final decisions on timing have been made," NASA spokesperson Jimi Russell said in a statement to CNBC. SpaceX CEO Elon Musk said shortly after November's flight test that hardware for a third Starship launch "should be ready to fly in 3 to 4 weeks."

Persons: SpaceX's, Jimi Russell, Elon Musk Organizations: Boca Chica, SpaceX, NASA, Super, CNBC, Federal Aviation Administration Locations: Brownsville , Texas, U.S

☆ Elon Musk says his kids' safety is at risk unless a Texas judge restricts access to his custody battle with Grimes
▼ + stars: | 2023-12-02 | by ( Erin Snodgrass | Grace Kay | ) www.businessinsider.com time to read: +7 min

Elon Musk filed new documents in Texas court asking a judge to restrict access to his custody battle. Attorneys for Musk want a judge to issue a protective order before he agrees to sit for a deposition. Musk also asked a judge to suspend public access to documents in the case, arguing the potential risk to his children outweighs any public interest in the high-profile custody battle. AdvertisementMusk was first to strike, however, quietly suing Grimes in Texas court in September to establish a "parent-child" relationship with the kids. AdvertisementA protective order would guarantee the information Musk reveals during a deposition remains private and inaccessible to the public, Melcher added.

Persons: Elon Musk, —, Grimes, Musk, Claire Boucher, X, Grimes didn't, Christopher Melcher, Walzer Melcher, Melcher, Elon, Chesnot, Frazer Harrison, countersued, CHANDAN KHANNA, Jack Sweeney, Sweeney, he'd, Bob Iger Organizations: Musk, Service, Business, Tau, BI, Elon, Getty, Circuit, SpaceX, Twitter, Sweeney, Summit, Disney Locations: Texas, California, Americas, Austin , Texas, Ukraine

☆ Amazon launches partnership with rival SpaceX to send competing satellites into orbit
▼ + stars: | 2023-12-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Amazon struck a deal with SpaceX to use Falcon 9 rockets to launch Amazon's low orbit satellites. The financial terms of the deal between the satellite internet competitors were not disclosed. AdvertisementAmazon and SpaceX, competitors in the satellite internet space, have inked a deal to launch satellites supporting Amazon's Project Kuiper. In response to the news breaking on X, formerly Twitter, SpaceX CEO Elon Musk said: "SpaceX launches competitor satellite systems without favor to its own satellites. Starlink began launching satellites in 2019 and has over 4,000 satellites in orbit, with plans to eventually build a constellation of about 42,000.

Persons: —, SpaceX's, Jeff Bezos, Elon Musk, SpaceX's Starlink, Amazon, Starlink Organizations: SpaceX, Service, SpaceX's, United Launch Alliance, Twitter, Business

☆ Amazon buys SpaceX rocket launches for Kuiper satellite internet project
▼ + stars: | 2023-12-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

Amazon bought three rocket launches from SpaceX for its Project Kuiper internet satellites, the tech giant announced on Friday. The move is a surprise from Amazon, given the company's Kuiper system aims to compete with Elon Musk's Starlink in the satellite broadband market. SpaceX, the most active rocket operator in the world, has been adamant that it will continue launching Starlink competitors on its rockets. The company previously launched a number of other companies' broadband satellites to orbit and signed deals for future launches as well. In Friday's announcement, Amazon said it signed with SpaceX for three Falcon 9 launches in mid-2025.

Persons: Elon Musk's, Jeff Bezos, Musk, Bezos Organizations: Amazon, SpaceX, Elon, Elon Musk's Starlink

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