SpaceX and Tesla are on an Inevitable
Collision Course (Source: Financial Times)
If rocketmaker SpaceX indeed goes public in June, Elon Musk could be
conducting quarterly earnings calls for two companies. But how long
until that reverts to one? On Wednesday afternoon, the world’s richest
man hosted the first-quarter call for Tesla, his electric-vehicle
maker. Sales of automobiles, which grew 16 percent year on year, were
hardly discussed. Instead, the company is focused on energy storage,
robotaxis and Optimus, its bi-pedal, autonomous humanoid robot.
If Tesla increasingly feels like a science project, all the more reason
to think its natural home is under one roof with SpaceX, which last
year merged with Musk’s social network and AI company xAI. SpaceX is
set to list at what could be a near-$2tn valuation. The possibly
sidelined electric-vehicle business still generates serious cash flow,
even if sales have moderated from historic levels and factories are
being retrofitted for robot production. (4/22)
Univity Funds VLEO 5G Demonstrators
with $32 Million Raised (Source: Space News)
French startup Univity has raised around $32 million to deploy a pair
of 5G demonstrators into very low Earth orbit next year, ahead of plans
for at least 1,600 VLEO satellites to help telecom operators extend 5G
coverage from space. (4/23)
Ohio is Built for Space (Source:
Jobs Ohio)
Whether your space company needs robust education and training, strong
R&D, or access to mission-critical partners like the NASA Glenn
Research Center, the National Space Intelligence Center (NSIC), and the
National Air and Space Intelligence Center (NASIC), Ohio has it all.
Our military and federal presence make Ohio a proving ground for space
missions, while our world-class workforce, shovel-ready sites, and
business-friendly policies ensure you can grow bigger and succeed
faster. It’s no wonder space businesses soar in Ohio. (4/22)
Lawmakers Promise to Reject Proposed
NASA Cuts—Again (Source: Payload)
Lawmakers on both sides of the aisle said they were committed to
boosting NASA’s FY2027 budget, during a hearing on Wednesday. The Trump
administration proposed an $18.8B NASA budget—a $5.6B cut from the
funding level approved by Congress for FY2026. The topline funding
level—and the proposed cuts—largely mirror the administration’s budget
request last year for the space agency, which was overwhelmingly
rejected by Congress. It sounds like history may repeat itself—at
least, if it’s up to bipartisan members of the House Science, Space and
Technology Committee. (4/22)
Space Force Awards Contracts to
Leidos, MapLarge for ‘Battle Planning’ Software (Source: Space
News)
The U.S. Space Force awarded contracts to data analytics firms Leidos
and MapLarge to support what the military calls battle management and
command and control — the process of understanding what is happening in
orbit, deciding what it means and directing a response. (4/22)
Mars or the Moon or AI Musk's Changing
Goals for SpaceX (Source: New York Times)
For years, SpaceX’s mission was clear: get humans to Mars. “The most
powerful thing we could do is establish a second, self-sustaining
civilization outside of Earth,” Elon Musk, SpaceX’s chief executive,
told Forbes in 2003, a year after founding the company. “And the only
place that’s really feasible is Mars.”
But over the last six months, Mr. Musk has shifted SpaceX’s priorities.
Though the tech mogul once forecast that humans would take off for Mars
as early as 2024, he has de-emphasized reaching the planet. Instead,
SpaceX on Tuesday said it had struck a deal with the artificial
intelligence start-up Cursor that could result in its acquiring the
young company for $60 billion. And Mr. Musk, 54, has proposed other
moonshots that could drive more attention and investment to SpaceX as
it prepares for one of the largest-ever initial public offerings.
Among his pronouncements are A.I. data centers that could orbit Earth,
moon-based factories and an A.I. chip manufacturing plant. The changing
goals have caused whiplash. “It’s a hallucinogenic business plan,” said
Ross Gerber, the chief executive of Gerber Kawasaki, an investment firm
that owns SpaceX shares. He added that Mr. Musk “has lost his mind” as
he tries to drum up excitement for the public offering. (4/22)
Eutelsat Signs New Broadcast Deals in
Mexico and Caribbean (Source: Via Satellite)
Eutelsat has announced three new broadcast deals this week in Mexico
and the Caribbean. The satellite operator is to partner with Co-op
Cable, introducing an expanded direct-to-home (DTH) and connectivity
offering across the Caribbean using the Eutelsat 65 West A (E65WA)
satellite. Co-op Cable aims to enhance its service portfolio to deliver
bundled television and internet services, combining high-quality
satellite TV distribution with advanced GEO-based connectivity. (4/22)
SpaceX Launches 24 Starlink Satellites
From Vandenberg (Source: Spaceflight Now)
SpaceX launched its 40th Starlink mission of the year when its Falcon 9
rocket took off from Vandenberg Space Force Base Wednesday night. The
Starlink 17-14 mission will add another 24 broadband internet
satellites to the company’s low Earth orbit constellation, which
consists of more than 10,200 spacecraft. (4/23)
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