Billionaire Elon Musk’s SpaceX is in talks to raise new capital at a valuation of US$44-billion, according to people with knowledge of the matter.
In a world divided between digital haves and have-nots, Elon Musk and Jeff Bezos are trying to close the gap by launching thousands of satellites to zip around the globe in what’s known as low-Earth orbit.
Nearly 24 hours after launching from Florida, SpaceX’s Crew Dragon capsule delivered Nasa astronauts Bob Behnken and Doug Hurley to the International Space Station on Sunday.
SpaceX, the private rocket company of billionaire South African-born entrepreneur Elon Musk, launched two Americans toward orbit from Florida on Saturday.
Nasa and SpaceX are preparing for the first manned launch to take off from American soil since 2011. Watch the livestream here.
SpaceX is on course to make history on Wednesday as it launches two astronauts into space, the first time a private company has attempted to do so.
Elon Musk is about to face his biggest test after almost two decades as a space entrepreneur: launching human beings into orbit.