Branson is trailing Bezos in area tourism, whereas Musk’s SpaceX competes in a league of its personal

Branson is trailing Bezos in area tourism, whereas Musk's SpaceX competes in a league of its personal

[ad_1] Richard Branson, Jeff Bezos, Elon Musk Joe Skipper | Reuters; Joe Raedle | Getty Photographs; Paul Hennessy | SOPA Photographs | Getty Photographs “In our view this equates to misplaced momentum within the area tourism race given the latest successes had by SpaceX (Personal) and Blue Origin (Personal),” Truist analyst Michael Ciarmoli wrote in … Read more

Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

Virgin Galactic inventory plunges after refurbishment delays spaceflight exams to 2022

[ad_1] Virgin Galactic pilots stroll to the corporate’s SpaceShipTwo Unity spacecraft, connected to the jet provider plane Eve. Virgin Galactic Virgin Galactic inventory plunged in buying and selling on Friday after the corporate mentioned it will delay any spaceflights to subsequent 12 months because it refurbishes its automobiles. Whereas Virgin Galactic hoped to fly its … Read more

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

Funding in area firms exceeds $10 billion this 12 months, a brand new annual document

[ad_1] Pete Cannito, Redwire Company on the New York Inventory Trade, September 8, 2021. Supply: NYSE Non-public funding in area firms hit $3.9 billion within the third quarter, propelling this 12 months to a brand new annual document of $10.3 billion, in response to a report this week by New York-based agency House Capital. “This … Read more

Elon Musk’s SpaceX hits $100 billion valuation after secondary share sale

Elon Musk's SpaceX hits $100 billion valuation after secondary share sale

[ad_1] SpaceX’s Starship rocket manufacturing facility in Boca Chica, Texas, as CEO Elon Musk (third from the appropriate) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by current traders introduced this week, CNBC has realized. SpaceX has … Read more

Turmoil at Bezos’ Blue Origin: Expertise exodus got here after CEO’s push for full return to the workplace

Turmoil at Bezos' Blue Origin: Expertise exodus got here after CEO's push for full return to the workplace

[ad_1] Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the corporate’s inaugural flight to the sting of area, within the close by city of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ Blue Origin is affected by an elevated turnover … Read more