Tag Archives: Aerospace and defense industry

SpaceX fires employees after internal letter criticizes CEO Elon Musk

SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett SpaceX has fired at least five employees involved …

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Elon Musk says offering is ‘3 or 4 years’ away

SpaceX CEO Elon Musk stands at the base of a Starship rocket prototype at the company’s facility in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has …

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SpaceX NASA Crew-3 mission, 6th astronaut flight, splashes down

SpaceX’s Crew Dragon capsule Endurance splashes down in the Gulf of Mexico off the coast of Tampa, Florida on May 6, 2022. NASA TV SpaceX returned the astronauts of NASA’s Crew-3 mission to Earth early Friday morning, marking the completion of its sixth human spaceflight. Crew Dragon capsule Endurance splashed down …

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JetBlue Airways at a crossroads after Spirit rejects its takeover offer

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images JetBlue Airways is at a nearly quarter-century crossroads. The airline’s first …

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Spirit CEO wonders whether JetBlue bid meant to block Frontier deal

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images) Joe Cavaretta | Sun Sentinel | Getty Images Spirit Airlines CEO Ted Christie on Thursday laid bare the reasons …

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SpaceX adds $25 portability monthly fee for Starlink service

Elon Musk’s SpaceX rolled out a $25 monthly fee this week for customers who seek to relocate their Starlink internet service satellite dishes. “Portability enables customers to temporarily move their Starlink to new locations and receive high-speed internet anywhere Starlink provides active coverage within the same continent,” SpaceX wrote in …

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FAA to boost Florida air traffic controllers, work with airlines to avoid disruptions

American Airline planes sit on the tarmac at Miami International Airport (MIA) in Miami, Florida, on February 2, 2022. Daniel Slim | AFP | Getty Images The Federal Aviation Administration said Wednesday that it will “immediately” increase staffing at a major air traffic control center in Florida to handle airlines’ …

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SpaceX expanding solar farm at Boca Chica, Texas launch facility

SpaceX’s Starbase facility in Boca Chica, Texas. Michael Sheetz | CNBC SpaceX is expanding the solar farm at its Starbase in Boca Chica, Texas, according to documents obtained by CNBC from the U.S. Fish and Wildlife Service. The FWS documents, known as a draft biological conference and opinion (BCO), reveal …

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Rocket Lab CEO touts helicopter catch of rocket as key toward reusable goals

The Electron booster comes into view of the company’s helicopter for the catch. Rocket Lab Rocket Lab CEO Peter Beck heralded the company’s first attempt on Monday to catch its Electron rocket booster using a helicopter after launch as “phenomenal,” telling CNBC that the test “achieved 99%” of the company’s …

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Competitive contracts are making space exploration cheaper

The Artemis 1 mission Space Launch System (SLS) rocket Frank Michaux / NASA The head of the National Aeronautics and Space Administration on Tuesday discussed a dramatic shift in how the agency plans to issue contracts for its space exploration programs, citing success with cost-saving competitive bids. NASA administrator Bill …

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