Houston, we have an update on all that SpaceX-Tesla merger chatter. During SpaceX’s Tuesday earnings call, Elon Musk said both of the companies had created “special committees of independent directors” to discuss a potential merger. Musk, who helms both companies and owns billions of dollars in stock of each, said he can’t be part of
Elon Musk’s SpaceX said Tuesday that third quarter revenue rose 161% to $14.6 billion year-over-year, cruising past the $12.86 billion analysts expected, according to Visible Alpha consensus from S&P Global Market Intelligence. The company reported net income of $4.4 million, or 35 cents a share compared with a net loss of $541 million in the
SpaceX CEO Elon Musk said the company would attempt to catch Starship and its booster next month, with the goal of recovering the entire orbital launch system for the first time. If successful, Musk said, the attempt would mark the first time in history an orbital launch vehicle has been fully recovered. But he also
Speed of communication has been essential on the battlefield for as long as humans have waged war. From the legendary roughly 25-mile messenger’s run to announce an Athenian victory at Marathon, to war drums and carrier pigeons, to the telegraph, and right up to today’s militaries’ reliance on high-speed digital links, rapid information transmission is
President Donald Trump announced this afternoon that Elon Musk’s SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to “every kid in America” sometime next year. Musk had thanked Trump Account booster Brad Gerstner for “helping enable this,” and Trump appeared
A four-hour documentary about Elon Musk continues to meet resistance from social media platforms, with TikTok banning the film’s advertising account. According to a story in The Hollywood Reporter, the documentary’s distributor Bleecker Street was recently notified by TikTok that the account had received a “permanent suspension” due to its political content. TechCrunch has reached
