By Rolfe Winkler WSJ Andy Pasztor WSJ Mon., April 15, 2019 Elon Musk’s Space Exploration Technologies Corp. is raising another $500 million in funding amid internal questions about the viability of an internet-via-satellite business considered key to the company’s growth. The fundraising, outlined in a regulatory filing last week, comes four months after a similarly sized deal for the closely held company, which is trying to accelerate development of its ambitious satellite venture, called Starlink, along with work on various rocket and spacecraft projects. Mr. Musk, the CEO of SpaceX, and his team have been telling investors for years that Starlink is expected to power the company’s bottom line well into the future. Gwynne Shotwell, SpaceX’s president, chief operating officer and a trusted longtime lieutenant of Mr. Musk, raised questions in an interview with The Wall Street Journal in February about the financial prospects for the … [Read more...] about SpaceX Raising $500 Million Amid Internal Questions Over Satellite Internet
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Elon Musk‘s rocket company, SpaceX, is raising another $US500 million in investments, the Wall Street Journal reported. That means SpaceX could end 2018 with $US1.257 billion in new funds, since the company already raised $US507 million investment in April and got a $US250 million loan in November. SpaceX will likely use the money to fund two ambitious projects: a global network of internet-providing satellites, called Starlink, and a giant launch vehicle for exploring and settling Mars, called Big Falcon Rocket. SpaceX may raise another $US500 million in new funding before the New Year. That’s according to a story published Tuesday by the Wall Street Journal. If Elon Musk’s rocket company does raise the money, the new funding would get added to a $US250 million loan that SpaceX secured in November, according to the Journal, as well as $US507 million in investments that SpaceX started selling in April. Totaled up, that means SpaceX may close 2018 with a total … [Read more...] about Elon Musk may raise nearly $1.3 billion for SpaceX before 2018 is over. He’ll likely spend that money on 2 epic projects.
Sections SEARCH Skip to content Skip to site index Subscribe Log In Subscribe Log In Today’s Paper Advertisement DealBook Supported by Sept. 7, 2018 Good Friday morning. I’m going to be interviewing Senator Elizabeth Warren for a TimesTalk in Washington on Sept. 13. We’ll be talking about the 2008 financial crisis on its 10th anniversary. Buy your tickets here . (Was this email forwarded to you? Sign up here .) Investors worry about Elon Musk’s drug use. He doesn’t. The Tesla chief made his first public appearance since ending an attempt to take the carmaker private. Overnight, during nearly three hours live on “The Joe Rogan Experience,” a popular podcast, he mused on A.I. and contemplated the end of the universe. He also drank whiskey and took a drag from a tobacco-and-marijuana joint. (He was in California, so that was legal.) Mr. Musk probably won’t have allayed investor … [Read more...] about DealBook Briefing: Elon Musk Smoked Weed On Air
By Patrick May | [email protected] | Bay Area News Group PUBLISHED: September 6, 2018 at 11:31 am | UPDATED: September 6, 2018 at 11:42 am It’s been a wacky August for Elon Musk, what with the tweets about taking Tesla private and then not taking Tesla private and the public apologies to analysts for bad conference-call behavior and the share-price roller coaster and the emotional tell-all with the New York Times. Looks like September could be just as wild. Will be on @JoeRogan at 9:30pm Pacific on Thursday — Elon Musk (@elonmusk) September 5, 2018 The controversial, always-outspoken guy behind Tesla, Space X and the Boring Company’s Not-A-Flamethrower is about to make a bit of podcasting history when he goes onto The Joe Rogan Experience at 9:30 p.m. Pacific time, which is also about three-and-a-half hours into what could prove to be one crazy evening. Musk’s appearance on the show was first announced by Rogan back in June, and the Reddit … [Read more...] about Elon Musk goes on Joe Rogan’s podcast tonight
Dave Smith, provided by Published 5:13 pm CDT, Tuesday, September 4, 2018 REUTERS/Elijah Nouvelage Google operates the most popular web browser in the world in Google Chrome. The Google Chrome team is looking at ways to revolutionize URLs — to make them both easier to understand and more secure. Google Chrome may share some of its ideas publicly later this year, or in early 2019. according to a new report from Wired. Whenever you open your web browser to visit a website today, you either search for the site's name in a search engine like Google, or you type out a specific address, or URL, into the browser. Business Channel Now Playing: Now Playing Five Ways Successful People Head Back to Work After A Day Off Media: Buzz 60 FOX Business Beat: Kaepernick Nike campaign; college degree requirements Media: Fox5DC Exos Aerospace tests its launch vehicle Media: Brett Coomer Groceries delivered by car; no driver necessary Media: Associated … [Read more...] about Google Chrome, the most popular web browser in the world, is considering an idea that would fundamentally change how we all experience the internet (GOOG)