The Securities and Exchange Commission settled charges with Tesla CEO Elon Musk over his aborted bid to take the company private, with the billionaire remaining as the helm of the company but relinquishing his chairman title and getting slapped with a hefty fine.
Can Tesla survive without Elon Musk? If he is banned from CEO or director positions or being a board member what will the impact to SpaceX be?
Tesla without Elon Musk at the wheel? To many of the electric car maker’s customers and investors that would be unthinkable. But that’s what government securities regulators now want to see.
The Securities and Exchange Commission has asked a federal court to oust Musk as Tesla’s chairman and CEO, alleging he committed securities fraud with false statements about plans to take the company private.
Continue reading “Tesla without Musk at the wheel? That’s what the SEC wants” »
Welcome to Edition 1.19 of the Rocket Report! Lots of news this week about the development of rocket engines in the United States, South Korea, and elsewhere. There are also milestones for the Ariane 5 rocket and an anniversary for SpaceX.
As always, we welcome reader submissions, and, if you don’t want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.
SpaceX hits 10 years since the Falcon 1. In an in-depth feature, Ars recounts the harrowing eight weeks following the failed third flight of the Falcon 1 rocket and the finally successful fourth flight. “If we had not reached orbit on that attempt, SpaceX would not exist,” Elon Musk recalled. “That was a very tough launch emotionally.” Shortly after the Falcon 1 launch, SpaceX intensified work on developing its workhorse Falcon 9 rocket.
Continue reading “Rocket Report: SpaceX gets Moon launches, South Korean rocket, BE-4 wins” »
Humanity could have an outpost on Mars just a decade from now, Elon Musk said.
Musk’s company SpaceX is building a huge, reusable rocket-spaceship duo called the BFR to help our species explore and settle Earth’s moon, Mars and other worlds throughout the solar system.
The billionaire entrepreneur’s long-term vision involves the establishment of a million-person city on the Red Planet in the next 50 to 100 years. But we could get the founding infrastructure of such a settlement — an outpost Musk calls Mars Base Alpha — up and running much sooner than that, he said. [The BFR in Images: SpaceX’s Giant Spaceship for Mars & Beyond].
Speaking in a September 7th interview with French newspaper Courrier International, Dr. Francis Rocard – director of French space agency CNES’ solar system exploration program – had little good to say about SpaceX and CEO Elon Musk’s long-term ambitions in space, going so far as to question the CEO’s driving ethics and label the company’s next-generation rocket and propulsion system “science-fiction”.
Elon Musk has provided several new, rare, and telling glimpses into how his rocket company, SpaceX, is building a spacecraft to reach Mars.
On September 17, Musk announced that SpaceX would fly Japanese billionaire Yusaku Maezawa around the moon on the company’s Big Falcon Rocket or BFR. During that event, Musk showed off new renderings of the launch system, along with a few photos of the work going on inside SpaceX’s spaceship-building tent at the Port of Los Angeles.
These were the first new details about SpaceX’s rocket construction we’d gotten since April, when Musk posted a photo that revealed SpaceX was building the spacecraft using a 40-foot-long, 30-foot-wide cylindrical tool.
SpaceX chief Elon Musk has tweeted two photos that give us a peek into the company’s Martian dreams. One of the images shows the BFR, the massive rocket SpaceX is developing for deep space missions, while the other shows the BFR and what he called “Mars Base Alpha.” It’s no secret that the private space corporation wants to build a human settlement on the red planet. Back in 2017, it announced its plans to launch two BFR cargo missions to Mars by 2022 to prepare for the arrival of the first Martian settlers by 2024. Before any of that can happen, though, SpaceX has to be able to start testing its BFR system in the first half of 2019.
Only a lucky handful of artists and a Japanese billionaire will take a trip on a rocketship to the moon with SpaceX. But the moonshot won’t just be televised; you’ll get to experience it from Earth in virtual reality.
That’s the message from SpaceX CEO Elon Musk on the upcoming private moon flight of entrepreneur Yusaku Maezawa, which Musk unveiled to the world Monday (Sept. 17). Maezawa will launch on a trip around the moon on SpaceX’s new Big Falcon Rocket (BFR), and he plans to take between six and eight artists along for the ride. The flight, called the Lunar BFR Mission, could launch as early as 2023, and we’ll all be able to watch it live and in VR, Musk said.
“Moon mission will be livestreamed in high def VR,” Musk announced on Twitter Tuesday (Sept. 18), “so it’ll feel like you’re there in real-time minus a few seconds for speed of light.” That speed-of-light reference is apparently a nod to the ever-so-slight time lag for a signal to cross the 238,000 miles (383,000 kilometers) between Earth and the moon. [How SpaceX’s Passenger Moon Flight Will Work].
Following a detailed update to SpaceX’s BFR plans and the first privately contracted mission to the Moon, CEO Elon Musk has tweeted that the company intends to stream the entire six-day journey in “high def VR”, a plan that would demand unprecedented communications capabilities between the Moon and the Earth.
Musk further confirmed that “Starlink should be active by [2023]”, suggesting – at a minimum – that the SpaceX-built and SpaceX-launched internet satellite constellation will have reached what is known as ‘initial operating capability’, pegged for Starlink at roughly 800 satellites launched.
