Tag Archives: Spacex

Elon Musk, the CEO of Tesla and SpaceX, has reached a net worth milestone of over $300 billion for the first time in nearly three years, following Donald Trump's win in the U.S. presidential election. The billionaire’s wealth surged after Tesla shares soared by 28%, adding approximately $50 billion to Musk's net worth, now valued at $313.7 billion according to Bloomberg's Billionaires Index. The market's optimism stems from Musk's close relationship with President-elect Trump, which investors anticipate could benefit Musk’s companies, particularly Tesla and SpaceX.

A SpaceX crew has successfully docked at the International Space Station (ISS) on Sunday, preparing to bring back two astronauts who have been stranded on the station for several months. The Crew-9 mission, aboard a SpaceX Dragon spacecraft, made contact with the ISS at 5:30 PM, following its launch from Cape Canaveral, Florida, on Saturday afternoon. The mission aims to ferry NASA astronaut Sunita "Suni" Williams and her fellow astronaut Butch Wilmore back to Earth after their extended stay aboard the ISS.

According to a report by Informa Connect Academy, Elon Musk, the CEO of Tesla and SpaceX, may become the world's first trillionaire by 2027. With a current net worth of $237 billion, Musk would need to grow his wealth at an annual rate of 110% to achieve trillionaire status within the next few years.

Tesla and SpaceX CEO Elon Musk recently sparked speculation about his potential involvement in a future Donald Trump administration after responding to the former president's suggestion that he might offer Musk an advisory role. Musk's response came in the form of a social media post on X (formerly Twitter), where he stated, "I am willing to serve."

Boeing's Starliner capsule embarked on its first crewed test flight to the International Space Station (ISS) on Wednesday, following previous setbacks. The launch is aimed at certifying Boeing as NASA's second commercial operator for ferrying crews to the ISS, joining SpaceX in this critical role.

In a recent report by the Wall Street Journal (WSJ), allegations have surfaced regarding Elon Musk's purported use of "illegal drugs," known to certain serving and former directors of Tesla and SpaceX. Despite concerns among some board members, the report claims that there has been no public action or initiation of an investigation into the matter. This revelation comes a month after the WSJ disclosed Musk's use of several drugs, some of which are banned in the US.

India's space agency, ISRO, is set to launch its heavy communications satellite, GSAT-20, using SpaceX's Falcon-9 heavy lift launcher, marking the first time ISRO will rely on SpaceX for such a mission. This move highlights India's lack of a rocket capable of lifting big communication satellites and signifies a shift from its reliance on Arianespace for heavy satellite launches.

Elon Musk has admitted that the micro-blogging site had to be ‘saved from bankruptcy’ and that the same required a lot of hard work. He also said that the company is still facing challenges and public support will be highly appreciated. In Short Elon Musk said that the last three …