SpaceX

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SpaceX is spending $100bn on a second Starbase, on an old Exxon site in Louisiana

SpaceX will build a second Starbase in Vermilion Parish, Louisiana, on a former Exxon property on the Gulf Coast, and it puts the price at $ 100 billion. The company describes it as a self-sustaining spaceport with its own propellant production, power generation, deep-water shipping, vehicle processing, and an airport, which is a fair description […]

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SpaceX plans a $100B spaceport built for thousands of launches a year

SpaceX has announced plans to spend up to $100bn on a launch facility in Vermilion Parish, Louisiana, intended to support thousands of launches annually and become the main site for Starship. Arianespace is targeting six to eight Ariane 6 launches this year. SpaceX has picked where Starship will mostly fly from, and it is Louisiana. […]

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Trump bought SpaceX shares two weeks after the IPO, a disclosure shows

Donald Trump bought up to $50,000 of SpaceX stock on 23 June, roughly a fortnight after the company completed the largest initial public offering in history, according to a financial disclosure reported this week. The purchase places the sitting president on the shareholder register of a company whose federal contracts and regulatory treatment his own administration […]

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SpaceX is hiring a natural gas trader for its rockets and chips

SpaceX is hiring a natural gas trader. The company wants someone to build and lead a trading team for its own fuel and power needs, according to Bloomberg. Julian Hast, who covers US gas markets from Houston, spotted the job on Friday. The role “focuses on physical and financial natural gas trading”, the posting says. […]

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SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms

SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machine, though this time the company is arriving very much on Hanoi’s terms. The sums involved are not […]

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