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Starship ascent

SpaceX is changing the approach for separating the two stages of its Starship vehicle to increase payload performance before its next test flight, Elon Musk said June 24.

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Vulcan static fire

The inaugural launch of United Launch Alliance’s Vulcan Centaur rocket faces new delays after the company said it needs to make “minor reinforcements” to part of the Centaur upper stage.

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space x
Credit: Unsplash/CC0 Public Domain

Elon Musk's company SpaceX is offering to sell insider shares at a price that lifts its valuation to around $150 billion, according to a Bloomberg News report Friday.

 

The company—the first private company to send astronauts into orbit, among many other firsts—is initially seeking a $750 million tender offer, the report added.

Its valuation has climbed in recent years as it raised billions to finance its work, and according to Bloomberg, SpaceX is offering shares at over $80 apiece.

A CNBC report in January noted that SpaceX was raising $750 million in a round of funding that valued it at $137 billion.

According to Bloomberg News, SpaceX has around $5 billion of cash on its balance sheet.

In April, SpaceX saw the most powerful rocket ever built—Starship—blow up on its first flight, although Musk congratulated his SpaceX team on the test of the next-generation spacecraft designed to send astronauts to the Moon, Mars and beyond.

SpaceX also successfully deployed more than 50 added satellites on Friday, boosting a collection used to beam broadband internet coverage, according to reports.

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Orbiter SN3 deployment

An orbital transfer vehicle that was part of a SpaceX rideshare mission malfunctioned shortly after deployment, putting into jeopardy a technology demonstration spacecraft for a satellite servicing startup.

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A mobile operator in the Pacific island nation of Palau is set to be the first to use Lynk Global’s direct-to-device satellites commercially to keep wireless customers connected outside terrestrial network coverage.

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Libra Group, a multinational business group, has formed Space Leasing International. SLI, in turn, revealed its presence June 20 by announcing plans to acquire 21 ground stations.

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Video: 00:01:40

From Monday 19 to Sunday 25 June, at the ‘Space Pavilion’ of Paris Air Show 2023, ESA and CNES present ambitious new projects in space exploration, astronautics, Earth observation and security-related applications.

Access all the videos from Paris Air Show 2023.

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New date: After 27 years of launches, the 117th and last mission to take off on an Ariane 5 rocket was originally scheduled for
New date: After 27 years of launches, the 117th and last mission to take off on an Ariane 5 rocket was originally scheduled for June 16 but was called off the day before.

Europe's workhorse Ariane 5 rocket will blast off for the final time on July 4, its operator Arianespace said on Friday, after a previous launch was called off due to a technical problem.

After 27 years of launches, the 117th and last mission to take off on an Ariane 5 rocket was originally scheduled for June 16 from Europe's spaceport in Kourou, French Guiana, but was called off the day before.

Week in images: 19-23 June 2023

Friday, 23 June 2023 12:10
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Week in images: 19-23 June 2023

Discover our week through the lens

How to follow the Euclid launch live

Friday, 23 June 2023 12:03
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ESA will be broadcasting live as the Euclid space telescope, which will explore the dark Universe, is targeted to launch on a SpaceX Falcon 9 rocket from Cape Canaveral in Florida, USA, at 11:11 local time / 15:11 UTC / 17:11 CEST on Saturday 1 July 2023. A back-up launch date of Sunday 2 July 2023 is foreseen.

Here’s how to follow the launch online.

All times CEST. Times subject to change at short notice

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Washington DC (UPI) Jun 22, 2023
SpaceX confirmed it deployed 47 new Starlink satellites Thursday morning after a predawn launch from the Vandenberg Space Force Base in California. The Falcon 9 rocket with the satellites lifted off in the darkness at 3:19 a.m. EDT with the deployment of the satellites confirmed about an hour later. The rocket's first stage also successfully returned to Earth and stuck its landin
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Geneva, Switzerland (SPX) Jun 23, 2023
The cosmos is a unique laboratory for testing the laws of physics, in particular those of Euler and Einstein. Euler described the movements of celestial objects, while Einstein described the way in which celestial objects distort the Universe. Since the discovery of dark matter and the acceleration of the Universe's expansion, the validity of their equations has been put to the test: are they ca

Apex raises $16M in Series A funding

Friday, 23 June 2023 11:40
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Los Angeles CA (SPX) Jun 23, 2023
Apex, the Los Angeles-based spacecraft mass manufacturing company, announced its Series A fundraising round and customers flying on its first Aries satellite bus. Apex's $16M Series A funding round, which brings the company's total funding to over $27M, was led by venture capital firms Andreessen Horowitz and Shield Capital. Apex will use the additional funding to open a new, 50,000 sq ft
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Cardiff UK (SPX) Jun 23, 2023
A new observation run to search for ripples in space-time generated by colliding black holes and other extreme cosmic events will take gravitational wave astronomy to the next level, scientists claim. Upgraded instruments, some of which use Cardiff University-built technology, new and even more accurate signal models, and more advanced data analysis methods mean the 20-month observation wi
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