falcon 9
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Boeing Bowing Out of Starlink Competition Prompts Smug Response from Elon
In the latest twist in the satellite industry, Boeing has decided to forfeit its license for a low Earth orbit (LEO) satellite constellation, a project that would’ve competed with SpaceX’s Starlink network. Boeing’s plans to build a broadband internet constellation are officially over. At least for now. On Monday, Boeing formally surrendered its license to…
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U.S. Space Force Taps SpaceX for $70 Million Starshield Contract
Elon Musk’s SpaceX has secured a Pentagon contract for its military satellite network, Starshield. This news, first reported by Bloomberg, marks the Pentagon’s first confirmed Starshield contract with SpaceX. A U.S. Space Force spokesperson confirmed to CNBC that the contract was awarded on September 1, with a ceiling value of $US70 million. The initial commitment…
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SpaceX Rakes in $US55 Million Profit Even as Starship Waits to Fly
Following back-to-back annual losses, SpaceX has reportedly turned a profit during the first quarter of the year despite an increase in costs as the company continues to spend on its unproven Starship rocket, which has not flown. The private space company generated a first-quarter profit of $US55 million on revenue of $US1.5 billion in 2023,…
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Watch Live as SpaceX Attempts Record-Breaking Launch of Falcon Heavy
SpaceX is set to make history with tonight’s scheduled launch of the heaviest geostationary satellite ever, EchoStar 24, also known as Jupiter 3. You can catch the action live right here. Jupiter 3 will be launched using SpaceX’s Falcon Heavy, one of the world’s most powerful operational rockets. The launch is scheduled for Thursday, July…