Space industry
This 36-year-old sci-fi ‘nerd’ quit his banking job to start a deep space startup that has raised $24 million
Rohit Jha, 36, is the co-founder and CEO of Transcelestial. Courtesy of Rohit Jha Rohit Jha calls himself a “huge nerd.” He developed a deep love for computers, space and ultimately science fiction in his early years. Jha spent much of his childhood and adolescence coding games on a secondhand computer, star-gazing through a telescope […]
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Toyota is ‘exploring rockets’ with nearly $45 million investment in Japanese launch startup, chairman says
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The […]
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Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado. Helen H. Richardson | Denver Post | Getty Images Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman […]
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How China’s satellite megaprojects are challenging Elon Musk’s Starlink
China faces a tall order in its efforts to catch up to Elon Musk’s SpaceX satellite service. SpaceX’s Starlink already has nearly 7,000 operational satellites in orbit and serves around 5 million customers in more than 100 countries, according to SpaceX. The service is meant to offer high-speed internet to customers in remote and underserved […]
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FAA head Michael Whitaker to step down before Trump takes office
Federal Aviation Administration Administrator Mike Whitaker listens to a question during a news conference on the FAA’s work to hold Boeing accountable for safety and production quality issues, at the Federal Aviation Administration Headquarters on May 30, 2024 in Washington, DC. Andrew Harnik | Getty Images The head of the Federal Aviation Administration, Mike Whitaker, […]
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SpaceX valuation surges to $350 billion as company buys back stock
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company’s Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday. SpaceX, as well as investors, […]
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Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
Inspiration4 mission commander Jared Isaacman, founder and chief executive officer of Shift4 Payments, stands for a portrait in front of the recovered first stage of a Falcon 9 rocket at Space Exploration Technologies Corp. (SpaceX) on February 2, 2021 in Hawthorne, California. Patrick T. Fallon | Afp | Getty Images President-elect Donald Trump on Wednesday […]
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In the new space race, hackers are hitching a ride into orbit
The unoccupied space-facing port on the International Space Station’s Harmony module is pictured several hours before the SpaceX Dragon Freedom spacecraft would relocate there after undocking from Harmony’s forward port. NASA Johnson Space Center In the race to conquer the cosmos, the greatest challenge to space exploration might be the vastness of the unknown, but […]
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SpaceX launches Starship’s fourth flight of the year, splashes down booster instead of catching it
SpaceX launched the sixth test flight of its Starship rocket on Tuesday, as the company looks to keep up momentum of the mammoth vehicle’s development. The rocket took off from SpaceX’s private “Starbase” facility near Brownsville, Texas. There are not any people on board the Starship flight. Starship reached space and will travel halfway around […]
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Trump to attend SpaceX Starship launch in Texas with CEO Elon Musk
Nov 16, 2024; New York, NY, USA; President-elect Donald Trump talks with Elon Musk (right) during UFC 309 at Madison Square Garden. Mandatory Brad Penner | Usa Today Sports Via Reuters Con President-elect Donald Trump will attend Tuesday’s launch of the SpaceX rocket Starship with company CEO Elon Musk. Trump’s planned presence at the launch […]
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