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SpaceX shares crash by $600bn in market value in one week, as Musk loses trillionaire status
SpaceX shares had peaked at $225.64 on June 16, but less than a week after the largest IPO in history, shares crashed to $147.11 briefly dipping below the opening price before recovering again to close at around $156. The slide wiped…
Elon Musk becomes world’s first trillionaire, as successful SpaceX IPO shoots net worth above $1.1trn
South African-born tech magnate, Mr Elin Musk has (on paper) become the world’s first trillionaire. The feat follows the businessman’s initial public offering (IPO) of his company, SpaceX’s shares soaring his net worth when it hit the stock market. The…
SpaceX sells $1.4 bn flight ticket for 5 more NASA missions
NASA has finalized an agreement with SpaceX to purchase five more astronaut transportation missions to and from the International Space Station, further entrenching the space company’s position as the prime services vendor for the space agency. The deals, explained in…
More orbital debris may rain on earth
As the sun swings into more active cycle and greater number of rockets shoot into the outer space, there is increased tendency for people in our world to add falling space junk into the list of outdoor hazards. The Oracle…
