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Category: internet – Page 199

Elon Musk’s SpaceX Gets Bullish $100 Billion Valuation From Morgan Stanley, Double What Investors Said It Was Worth In August

Morgan Stanley, the New York-based investment bank, has nearly doubled its valuation of Elon Musk’s rocket company SpaceX, from $52 billion in July to over $100 billion, it said in a research note issued Thursday. The bank’s so-called “bull case”–its absolute best-case scenario–puts SpaceX at a value above $200 billion.

The investment bank says that SpaceX’s Starlink internet-from-satellites service has driven a near $50 billion increase in the rocket company’s value since July. Forbes is sticking with investors’ more conservative valuation.

SpaceX plans to provide Starlink internet on Mars one day

It’s all coming together.

SpaceX is deploying a megaconstellation of internet-beaming Starlink satellites to provide internet service to rural areas around Earth where service is unreliable and not available. The Starlink network could provide SpaceX with additional funding to develop a fleet of Starships to colonize Mars.

The company already launched approximately 888 Starlink satellites to low Earth orbit out of over 4,000 that will be part of the broadband network. Starlink customers will receive low-latency, high-speed broadband service from the satellites via a dish user terminal and Wi-Fi router device.

SpaceX President and Chief Operating Officer Gwynne Shotwell revealed this week that the company also plans to provide high-speed internet on the Red Planet one day. In an interview with Time Magazine, she shared the reasons why SpaceX is creating the Starlink network. One of the reasons is to maintain communication with a future Mars colony. —“Once we take people to Mars, they are going to need a capability to communicate,” she said, “In fact, I think it will be even more critical to have a constellation like Starlink around Mars. And then, of course, you need to connect the two planets as well,” Shotwell told reporters.

SpaceX reaches 100 successful launches with Starlink mission

WASHINGTON — SpaceX launched another set of Starlink satellites Oct. 24, marking the 100th time the company has placed payloads into orbit.

The Falcon 9 rocket lifted off from Space Launch Complex 40 at Cape Canaveral Air Force Station at 11:31 a.m. Eastern. The rocket’s upper stage deployed the payload of 60 Starlink satellites into orbit 63 minutes after liftoff. The first stage, making its third flight, landed on a droneship in the Atlantic Ocean.

This was the 100th successful launch in the company’s history. That total includes 95 Falcon 9, three Falcon Heavy and two Falcon 1 launches. The company also suffered three Falcon 1 launch failures and one Falcon 9 launch failure; another Falcon 9 was destroyed in 2016 during preparations for a static-fire test.

SpaceX President talks about Starship & Starlink during the ‘TIME 100 Talks’

TIME featured SpaceX President and Chief Operating Officer Gwynne Shotwell as one of the ‘100 Most Influential People of 2020’. SpaceX was founded by Elon Musk in 2002 to make life multiplanetary. Shotwell is responsible for day-to-day operations at the aerospace company that aims to colonize Mars before the year 2050. She has a vital role in company growth. Under her leadership, SpaceX has accomplished launching the first NASA astronauts to the International Space Station aboard the Crew Dragon spacecraft this year.

SpaceX will provide Starlink Internet to a West Texas school district and rural community

The Ector County Independent School District (ECISD) located in the city of Odessa in West Texas, announced this week their community is participating in a program to help students and their families have access to the internet. The school district along with the Permian Strategic Partnership (PSP) will collaborate with SpaceX to provide broadband connection to the community, that is located in a rural area where traditional internet is unreliable and too expensive for locals to acquire —“Similar to other rural communities, many residents of Ector County have limited to no connectivity. This issue was brought to the forefront for the school district earlier this year when COVID-19 forced school building closures and nearly two in five students did not have access to reliable high-speed internet at home,” SpaceX representatives wrote on October 21, “Starting in 2021, Starlink will connect up to 45 households in the community as part of the pilot program. As network capabilities continue to grow, it will then expand service to an additional 90 households in the school district.”

The Ector County School District “is the first school district in the United States to work with SpaceX in harnessing its Starlink satellite constellation to deliver high-speed, low-latency Internet access for ECISD students,” school representatives wrote. The first 45 families that SpaceX will provide Starlink internet to next year are living in the Pleasant Farms area of south Ector County. All families will be selected by the school district based on their location and needs. ECISD officials will be responsible for deploying the Starlink user dish terminals to their homes.

SpaceX will initially offer service in cities situated in northern latitudes, as the company deploys more Starlink satellites to orbit it will develop the capacity to provide a broader broadband coverage. Cities located in southern latitudes will be covered in 2021. When this happens, an additional 90 families in West Texas will receive free broadband service from the school district. “This innovative partnership represents bold and unprecedented action for our school district and our community,” the ECISD Superintendent of Schools Dr. Scott Muri said in a statement released by the district. “Our research clearly indicates the lack of broadband access is a crisis in Ector County. In collaboration with SpaceX, we are providing space-based Internet service to students and families that have few, if any, options. The partners with us share our vision for equity and access for all students.

SpaceX will collaborate with Microsoft to connect Starlink broadband with Azure cloud service

Microsoft will be using Starlink broad band for their cloud services.

SpaceX President Gwynne Shotwell announced today the company will collaborate with Microsoft to connect Starlink broadband internet satellites with Microsoft’s Azure cloud service. “Our new partnership with SpaceX Starlink will provide high-speed, low-latency satellite broadband for the new Azure Modular Datacenter (MDC),” Microsoft detailed in a press release. “SpaceX is of course the name that people immediately think of when they think of innovation and the evolution that’s occurring to bring space technology into the 21st century,” said Tom Keane, Microsoft’s corporate vice president of Azure Global.

Starlink is SpaceX’s plan to create an internet-beaming satellite constellation in low Earth orbit to provide service globally. Primarily focused in areas where internet connection is unreliable and nonexistent. To date, SpaceX has deployed a bit over 800 satellites to orbit out of the thousands that will comprise the Starlink network. —“The collaboration that we’re announcing today will allow us to work together to deliver new offerings for both the public and the private sector to deliver connectivity through Starlink for use on Azure,” Shotwell said in a video announcement (shown below). “Where it makes sense, we will work with [Microsoft]: co-selling to our mutual customers, co-selling to new enterprise and future customers.”

Shotwell shared that over the last few months SpaceX and Microsoft have been testing the software and hardware needed to connect the Starlink satellites in orbit to the Azure cloud service. -“So, I think that’s worked out really well,” she said. The partnership will enable Microsoft to offer its cloud service in remote areas around the planet. “We can connect via satellite lengths any element on the Earth to another point on the Earth, which I think goes extremely well with the technologies you are trying to build out…” Shotwell told Keane.

SpaceX is ready to deploy the fifteenth fleet of Starlink satellites –Watch It Live!

Another fleet of satellites on the way.

SpaceX will launch the fifteenth fleet of internet-beaming Starlink satellites to orbit on October 22nd. The company will to offer high-speed broadband internet service worldwide. Millions still lack access to affordable and reliable broadband globally. SpaceX plans to connect those living in rural and remote areas on Earth to the world wide web communication infrastructure that has shaped the 21st century.

12 Facts About The Goliath Birdeater, An Unexpectedly Gentle Giant

If you’re reading this out of morbid curiosity because spiders freak you out, consider that most spiders you see are average-sized, relatively banal arachnids. What would do if you ran into the most massive spider in the world? If you ever find yourself in that position, you can take solace in the fact that it probably won’t attack you. Believe it or not, despite its size, the Goliath birdeater is just another spider trying to make its way in the world. If you know a few amazing Goliath birdeater facts, you might even have a bit of fondness for these mammoth web-spinners.

Being the biggest spider in the world comes with perks. Being bigger than the average human hand means you can take on large prey (it is, after all, called the birdeater, athough that’s a bit of a misnomer), and not many animals will want to fight you. However, the Goliath birdeater isn’t as deadly as some of its smaller brethren, who pack so much poison they could kill a horse with a few nibbles. Curious about spiders? Terrified of arachnids? Stoned and trawling the Internet? Regardless of why you’re here, you’ll find some dank, juicy morsels about the largest spider species in the world.