Elon Musk says Starlink will provide faster internet speeds on airlines

Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite … Read more

Seth Klarman increases Facebook and Micron stakes, has about $900 million tied up in SPACs

Seth Klarman, founder of the Baupost Group Daniel Acker | Bloomberg | Getty Images Seth Klarman, a value investor often compared to Warren Buffett, ramped up his exposure to major tech stocks, while tapping into nearly 20 SPAC deals as the hedge fund manager sought growth in an overpriced market. Source link

Amazon responds to Elon Musk’s accusations of impeding SpaceX’s Starlink satellite internet plans

Founder of Amazon as well as space company Blue Origin, Jeff Bezos, speaks about the future of commercial space travel. Brent Lewis | Denver Post | Getty Images The satellite internet projects of the two richest men on the planet continue to spar behind-the-scenes with federal regulators, with Amazon on Thursday clarifying its position in … Read more

Here’s what we learned from Morgan Stanley’s annual space summit as investor interest booms

SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020. NASA Morgan Stanley held its annual space summit virtually this year due to the coronavirus pandemic, but analyst Adam Jonas told CNBC that hundreds of investors and observers participated in the event on Tuesday as interest in the space industry … Read more

Bill Gates leads $85 million fundraising for satellite antenna specialist Kymeta to scale production

Satellite antenna builder Kymeta announced Tuesday that it closed a significant new round of fundraising led by Bill Gates, as the start-up looks to increase manufacturing and sales of its mobile communications product. “At the end of the day, the problem that our customers want to solve is highly reliable broadband service,” Kymeta executive chairman … Read more