Browsing: SpaceX

It will also be the first time the company is adding V3 satellites to the Starlink constellation.

VC firm Valor Equity Partners, founded by Antonio Gracias, a long-time Elon Musk backer and current SpaceX board member, has opted to simply give away a chunk of its SpaceX stock to its limited partner investors, according to an SEC filing spotted by Bloomberg.

SpaceX is ready to perform the 14th test flight of its Starship mega-rocket, and now the company will finally try to put the upper stage into Earth’s orbit for the first time, the company announced Tuesday.

Elon Musk has been at the heart of promoting various companies throughout the 21st century, with two of his most prominent companies anchored in the notion of mass production. In the case of his infamous clunky and angular Tesla Cybertruck, he encountered several difficulties in bringing the prototype to market.

Space Exploration Technologies (NASDAQ: SPCX) may have “Space” in its name, but it’s also a major competitor in the artificial intelligence (AI) boom. It’s investing billions of dollars in its AI capabilities, putting it on a level playing field with many other noteworthy AI names.

The queue to send objects into orbit is growing, but space infrastructure isn’t keeping up with demand. As the realization sinks in that Elon Musk’s SpaceX can’t be the sole answer, other companies are raising their hand — and money.

The fuel for a fully reusable rocket that can unlock truly low-cost access to space isn’t methane or liquid oxygen. It’s cash, and Stoke Space Technologies is tanking up. The company has now “completed the initial closing” of a $1 billion Series E round intended to help it reach orbit and prepare a new, larger…