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Space X News
Insider
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Meet Jared Isaacman, the billionaire CEO and SpaceX astronaut whose name has come up in the Musk-Trump feud
- Billionaire Jared Isaacman, a SpaceX astronaut, was caught in the Musk-Trump feud.
- Isaacman was initially nominated by Trump as the new NASA Administrator in December.
- His background includes dropping out of high school, founding successful companies, and philanthropy.
- Isaacman led SpaceX missions, conducted the first commercial spacewalk, and is worth $1.7 billion.
- Trump later withdrew Isaacman's nomination, leading to a public feud involving Musk.
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Insider
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The CEO of a key SpaceX rival says customers are drawn to his company because it's 'even-keeled'
- Rocket Lab CEO, Peter Beck, stated that customers value the company's stability and focus on building rockets and satellites.
- Rocket Lab is a key rival of SpaceX, even though it is smaller in size and operations.
- Customers are drawn to Rocket Lab's 'even-keeled public company' image amidst the ongoing feud between Elon Musk and President Trump.
- Rocket Lab's stock is rising, and the company's market cap exceeds $16.8 billion, while SpaceX is valued at $350 billion.
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Insider
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OpenAI warns its tokenized stock offered by Robinhood isn't real equity: 'Please be careful'
- OpenAI distances itself from Robinhood's offering of 'tokenized' equity in the company on its platform.
- Robinhood plans to offer tokenized shares of private companies like OpenAI and SpaceX to European users.
- OpenAI clarifies that the tokens offered by Robinhood are not actually equity in the company and warns investors to be cautious.
- Tokenized assets are blockchain-enabled representations of securities but do not equate to owning equity in a company.
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TechDigest
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Image Credit: TechDigest
Microsoft cuts 9,000 jobs as it invests in AI, Tesla’s woes deepen as sales fall again
- Microsoft has announced layoffs of up to 9,000 workers as part of its efforts to invest in artificial intelligence (AI) and position the company for success in a dynamic marketplace.
- Tesla's sales continue to decline, with a 13.5% drop in deliveries from April to June compared to the same period last year, leading to deeper woes for the company and CEO Elon Musk.
- Despite challenges, Tesla's energy storage business also saw a decline in deployments of its Powerwall and Megapack stationary storage products for the second consecutive quarter.
- Google has been ordered to pay over $314.6 million to Android smartphone users in California for misusing customers' cellphone data, sending and receiving information without permission.
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Digit
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Image Credit: Digit
Former SpaceX manager sues Elon Musk’s space tech company over harassment and retaliation
- Former SpaceX security manager, Jenna Shumway, is suing the company and a senior employee for sexual harassment, discrimination, and retaliation.
- Shumway alleges mistreatment, termination, and harassment by her supervisor, Daniel Collins, after he was hired to lead security compliance.
- Collins is accused of inappropriate behavior, making derogatory comments to women, and violating government protocols.
- SpaceX faces previous legal actions over sexual discrimination, creating a pattern of bias against female employees and a hostile work environment.
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TechCrunch
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Image Credit: TechCrunch
Former SpaceX manager alleges harassment, retaliation, and security violations in lawsuit
- A former SpaceX security manager, Jenna Shumway, is suing the company and a senior employee, Daniel Collins, alleging discrimination, sexual harassment, and retaliation.
- Collins, who was hired to run security compliance, is accused of violating top secret protocols and triggering federal reviews for SpaceX's security procedures.
- Shumway claims that Collins harassed her and other female employees, leading to her termination in October 2024.
- SpaceX has faced previous lawsuits over gender-based discrimination and harassment, with ongoing investigations by California authorities and the National Labor Relations Board.
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Spaceflightnow
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Live coverage: SpaceX to launch its 500th Falcon 9 rocket
- SpaceX is set to launch its 500th Falcon 9 rocket with an overnight Starlink flight on Wednesday, marking a significant milestone in its rocket launches.
- The first stage booster for this mission will fly for a record-setting 29th time, showcasing SpaceX's efforts in reusability.
- The mission, named Starlink 10-25, will take off from Space Launch Complex 40 at Cape Canaveral Space Force Station with favorable weather conditions predicted.
- The Falcon 9 first stage booster with tail number B1067 will attempt its 29th landing on the droneship, 'A Shortfall of Gravitas,' further advancing SpaceX's goal of reusable rocket technology.
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TechCrunch
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Congress just greenlit a NASA moon plan opposed by Musk and Isaacman
- The U.S. Senate passed a budget reconciliation bill allocating an additional $10 billion to NASA's Artemis program, including funds for Space Launch System rockets and a moon-orbiting station called Gateway.
- Critics such as SpaceX's Elon Musk and entrepreneur Jared Isaacman opposed the use of SLS due to its high costs and lack of reusability.
- The $10 billion funding, if signed by Trump, will support more SLS rockets for Artemis missions and completion of the Gateway station, contradicting a previous proposal to phase out SLS and Orion spacecraft after Artemis III.
- The bill also includes funding for a Mars Telecommunications Orbiter, continued operation of the International Space Station, and $325 million to SpaceX for a deorbit spacecraft development.
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Arstechnica
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Image Credit: Arstechnica
Pentagon may put SpaceX at the center of a sensor-to-shooter targeting network
- The Pentagon might replace the Space Development Agency's satellite network with SpaceX's Starlink.
- The proposed secretive program, pLEO SATCOM or MILNET, would fund a new satellite communications network.
- SpaceX's Starlink could potentially be used for the Pentagon's Golden Dome missile defense shield.
- Starshield satellites may play a crucial role in the Pentagon's future military operations.
- MILNET is designed to create a hybrid mesh network for various military applications.
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Spaceflightnow
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Live coverage: EUMETSAT, ESA to launch combo MTG-S1, Sentinel-4 satellite on SpaceX Falcon 9 rocket from NASA’s Kennedy Space Center
- EUMETSAT, ESA set to launch MTG-S1, Sentinel-4 satellite on SpaceX Falcon 9.
- Satellite to enhance weather monitoring and air quality assessments for Europe, North Africa.
- Launch scheduled from Kennedy Space Center, weather conditions may impact liftoff.
- MTG-S1 satellite part of Europe's advanced weather monitoring program with upgraded capabilities.
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The Verge
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Image Credit: The Verge
Trump says he’ll look into deporting Musk as fight over bill escalates
- President Trump and Elon Musk's disagreement over a domestic policy bill has reignited with Trump suggesting potential deportation of Musk.
- Trump proposed targeting Musk through the Department of Government Efficiency, referencing DOGE as a way to retaliate.
- Musk has criticized Trump's budget bill for increasing the deficit and potentially impacting EV tax credits that benefit Tesla, where Musk is CEO.
- Both figures had previously traded insults but Musk recently revived his criticism, leading to Trump suggesting cutting subsidies for Musk's companies.
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Moneyweb
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Trump takes aim at Musk over EV mandate and subsidies
- President Donald Trump criticized Elon Musk for benefiting excessively from government electric vehicle subsidies, suggesting Musk may have to close his businesses without subsidies.
- Trump highlighted that Musk receives significant subsidies and implied that the U.S. could save money if subsidies were removed.
- Elon Musk previously criticized the US Senate's tax bill, warning that cuts to EV and clean energy credits could have a detrimental impact.
- Tesla, which benefits from consumer tax credits for electric vehicles, faces challenges with potential decreases in demand due to policy changes.
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Moneyweb
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Musk lashes out at tax bill proponents, threatens to unseat lawmakers
- Elon Musk threatens to unseat lawmakers who supported President Trump's tax bill, criticizing their debt increase and calling for their defeat in the next election.
- Musk, who previously pledged to reduce his political spending, resumed criticizing Trump's tax and spending deal after leaving his advisory role, warning about its impact on the country and clean energy industry.
- The proposed cuts to electric vehicle and clean energy credits were labeled as 'incredibly destructive' by Musk, reigniting tensions with Trump, though Trump later expressed positive sentiments about Musk on a television show.
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Insider
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Image Credit: Insider
What is Elon Musk's net worth? Find out the wealth of the Tesla, SpaceX CEO
- Elon Musk's net worth stands at around $367 billion with wealth fluctuating.
- His wealth stems from Tesla shares, investments in SpaceX, and other ventures.
- Musk's financial journey began with Zip2 and includes founding Tesla and SpaceX.
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Brighter Side of News
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Image Credit: Brighter Side of News
Former SpaceX engineer plans to turn small planes into the next family car
- Former SpaceX engineer, Nikita Ermoshkin, aims to simplify flying for everyone with Airhart Aeronautics.
- Their goal is to create an aircraft so easy to fly that almost anyone can do it.
- Airhart's first prototype, the Airhart Sling, focuses on intuitive controls for a better user experience.
- The company aims to make personal flying as simple as driving a car.
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