Keyword: spacex
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The first thing to notice is how rapidly Elon Musk's SpaceX is altering the market for government-sponsored rocket launches. Witness how frequently the words "to compete with SpaceX" appear in industry statements and press coverage. To compete with SpaceX, say multiple reports, the United Launch Alliance, the Pentagon's traditional supplier, is developing a new Vulcan rocket powered by a reusable engine designed by Jeff Bezos's Blue Origin. Because of SpaceX, says Aviation Week magazine, Japan's government has instructed Mitsubishi to cut in half the cost of the Japanese workhorse rocket, and China is planning a new family of kerosene-fueled Long...
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But can it ever hope to compete with SpaceX? Like the Falcon 9, Adeline is only partially reusable -- but the way it's meant to work is quite creative. While most of the rocket's fuselage goes unrecovered after launch, the bottom portion of the rocket housing the main engine (most expensive part and arguably the most important) is designed to safely return back home. The design calls for the first stage of the rocket to come equipped with wings and propellers, allowing it to travel back to Earth like a small plane and land gently on a runway. The key...
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Elon Musk our billionaire, whose Stimulus funded Tesla Motors, Solarandra City and (only option to Russia, NASA is out) Space X has received $4.9 billion in FedSlush. Is Elon Musk a billionaire welfare queen of Federal grants, discounted loans, tax breaks, government RICO & Carbon credits? Tesla is set to receive an incentive worth $1.3 billion from the state of Nevada. Anyone who buys a Tesla gets a $7,500 federal income tax credit, Californians receive an additional rebate of $2,500 from the state. In all, Tesla Motors Inc. has received close to $2.391 billion in form of government subsidies. SolarCity,...
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Tea Party-backed Senate candidate Ted Cruz points with pride to the army of small conservative donors supporting him. But his largest longtime contributor is a gay billionaire who supports same-sex marriage and marijuana legalization, campaign finance filings show. Peter Thiel, a German-born hedge fund manager and founder of the online payment system PayPal, gave Cruz $251,000 in 2009 for his aborted run for attorney general. The money represented 19 percent of the total raised for that campaign, which Cruz ended after Attorney General Greg Abbott decided to run for re-election. ...
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The drama surrounding funding for NASA’s Commercial Crew program has started up once again. In the wake of the Senate Appropriations Committee’s cutting funding for the program by over $300 million, supporters have fallen back on familiar patterns of futile complaining. NASA Administrator Charles Bolden claimed that the funding shortfall would delay the restoration of American spaceflight capability by as much as two years. Bolden was mild compared to some of Commercial Crew’s supporters on the Internet.
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Alt-energy/transport-tech CEO Elon Musk and his trio of companies (Tesla,SolarCity andSpaceX) didn’t cooperate with the Los Angeles Times on its article that tabulated his businesses’ whopping sum of corporate welfare ($4.9 billion) , and he was predictably miffed by the (accurate) portrayal. So he went about trying to fix things on CNBC and with the Times on Monday, but not by denying the conclusions reached by reporter Jerry Hirsch, but instead by essentially pointing at fossil fuel industries and saying “they do it more.” “If I cared about subsidies,” Musk told Hirsch in a follow-up to his Sunday expose’,...
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Space makes for strange relationships. With NASA’s Space Shuttle shuttered since 2011, American astronauts have hitched rides to the International Space Station inside Russian Soyuz rockets for the past four years. But ever since Russia claimed Crimea and supported a separatist movement in Ukraine, the United States and Russia haven’t exactly been on great terms. Congress passed punitive sanctions on Russia, and in retaliation, Russia forbade the sale of rocket engines to the American military. Yet the Pentagon, which is currently supplying the Ukrainian military with vehicles, now needs a little help getting its military satellites to space. So it's...
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There are many stories comparing South Africa to a time bomb ready to explode from the deplorable conditions and slow genocide of the whites. The delicate situation of crime, corruption and poverty increasing throughout the land raises concern. Living under a communist government led by a president who rules over nepotism, lining his pockets and destroying everything the apartheid government built.There is the element of the South African Communist party affiliated to the governing African National Congress (ANC) who have not sidetracked from influencing the Zuma administration and turning South Africa into a one-party state. Julius Malema kicked out of...
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Well, somebody did it, and it was the mainstream media. Congratulations to the Los Angeles Times for taking the time to research and estimate the total amount of U.S. public (local, state, and federal) subsidies for companies owned or run by South African-born Canadian-American Elon Musk. The total amount calculated by reporter Jerry Hirsch for taxpayer-backed incentives – of many different forms, including tax credits and rebates provided to customers – was $4.9 billion. The corporate beneficiaries have been Tesla Motors and SpaceX, where Musk is CEO, and SolarCity Corp., where he is chairman. The sum does not include SpaceX’s...
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In a move that shows commercial space exploration is not just possible, but probable, the United States House of Representatives just passed the SPACE Act in order to lay down some general guidelines in case you want to, you know, start a mining operation in space. While private charters like Virgin Galactic, and colonization missions to Mars by the likes of SpaceX are all the rage these days, the bill would suggest that enough private organizations have an interest in mining valuable resources from space that the need for legislation is necessary. Bear in mind, not a single private company...
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3-D printing, or additive manufacturing, is likely to revolutionize business in the next several years. Often dismissed in the popular mindset as a tool for home-based “makers” of toys and trinkets, the technology is gaining momentum in large-scale industry. Already it has moved well beyond prototyping and, as I explain in a new HBR article, it will increasingly be used to produce high-volume parts and products in several industries. Since I prepared that article, new developments have only strengthened the case for a 3-D future – and heightened the urgency for management teams to adjust their strategies. Impressive next-generation technologies...
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If you build it we will come could be the mantra for Los Angeles billionaire mogul Elon Musk. Well the Los Angeles entrepreneur built Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, and what came was an estimated $4.9 billion in government subsidies, according to data compiled by The Los Angeles Times. “He definitely goes where there is government money,” said Dan Dolev, an analyst at Jefferies Equity Research. “That’s a great strategy, but the government will cut you off one day.” Now after a plethora of government incentives, such as grants, tax breaks, factory...
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Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make electric cars, sell solar panels and launch rockets into space. And he's built those companies with the help of billions in government subsidies. Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. "He definitely goes where there is government money," said Dan Dolev, an analyst at...
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Bishop Hill points us to this video of the Tesla Supercharging station at the Harris Ranch exit of Interstate 5 in California. He writes: “How can one resist posting a video of Tesla electric cars being recharged (so it is claimed) using a diesel generator? These people love the environment you see.” The video shows a portable diesel generator next to the charging station and some Tesla automobiles. Watch this short video:
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NASA has taken another step toward returning America’s ability to launch crew missions to the International Space Station from the United States in 2017. The Commercial Crew Program ordered its first crew rotation mission from The Boeing Company. SpaceX, which successfully performed a pad abort test of its flight vehicle earlier this month, is expected to receive its first order later this year. Determination of which company will fly its mission to the station first will be made at a later time. The contract calls for the orders to take place prior to certification to support the lead time necessary...
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Making peace with US Air Force and dropping charges against the agency has paid off for SpaceX. Its Falcon 9 rocket has finally been certified, giving the company the right to compete for national security launches. Elon Musk's space corp has passed every requirement set by the Air Force, after a couple of years (and a few months of delay), lots of paperwork and tests. According to Air Force Secretary Deborah Lee James, this certification allows more than one provider to compete for military launches, which is expected to cost the branch $70 billion until 2030, for the first time...
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The SpaceX Dragon cargo spacecraft is set to leave the International Space Station tomorrow. Live coverage starts at 6:45 a.m. EDT (1045 UTC) on May 21. After delivering more than two tons of supplies and research to the International Space Station that will help prepare NASA astronauts and robotic explorers for future missions to Mars, the SpaceX Dragon cargo spacecraft is set to leave the orbital laboratory on Thursday, May 21. NASA Television will provide live coverage of Dragon’s departure beginning at 6:45 a.m. EDT. Watch here. The Dragon capsule, which arrived at the station April 17, will be detached...
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A glitch in a Russian space launch may have sent part of a rocket and its payload -- a satellite -- plummeting down onto southeastern Siberia, according to Russian state-run media reports. It is the second space mission failure for the Russian Federal Space Agency, Roscosmos, in less than a month. And the mishap occurs on the anniversary of a similar loss in 2014.
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WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) applauds the passage of the FY 2016 National Defense Authorization Act (NDAA) by the Senate Armed Services Committee (SASC) on Thursday after a week of debate and consideration by both parties. Sen. Cruz introduced or cosponsored more than a dozen amendments that were successfully adopted by the committee. “Congress’ first priority is to provide for the national defense and ensure our soldiers, sailors, airmen and Marines have everything they need to defend our freedom,” said Sen. Cruz. “I am grateful for the committee’s support for my amendments, including measures that will ensure...
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(Reuters) - A Space Exploration Technologies' passenger spaceship made a quick debut test flight on Wednesday, shooting itself off a Florida launch pad to demonstrate a key emergency escape system. The 20 foot- (6 meter) tall Dragon capsule, a modified version of the spacecraft that flies cargo to the International Space Station, fired up its eight, side-mounted thruster engines at 9 a.m. EDT to catapult nearly one mile (1.6 km) up and over the Atlantic Ocean. The flight ended less than two minutes later with the capsule's parachute splash-down about 1.4 miles (2.6 km) east of the Cape Canaveral Air...
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