•   
  •   
  •   

MoneyUPDATE 2-First satellites for Musk's Starlink internet venture launched into orbit

08:50  24 may  2019
08:50  24 may  2019 Source:   reuters.com

Musk Gets Head Start on Bezos Launching SpaceX's Satellites

Musk Gets Head Start on Bezos Launching SpaceX's Satellites Elon Musk’s SpaceX has made a business out of launching satellites for commercial customers, NASA and the U.S. military. On Thursday evening, the company will launch orbital objects of its own in a key step toward creating a space-based constellation that beams broadband to underserved areas across the globe. It’s a bet Musk is making along with fellow billionaire Jeff Bezos on bringing in revenue as an internet provider from outer space. Musk founded SpaceX in 2002 with a goal of colonizing Mars. In a phone call with journalists, Musk sounded cautious but excited.

Starlink is a satellite constellation being constructed by American company SpaceX[1][ 2 ] to After the failures of previous satellite-to-consumer space ventures , satellite industry consultant Roger ^ Roulette, Joey (23 May 2019), " First satellites for Musk ' s Starlink internet venture launched into

SpaceX, the private rocket company of high-tech entrepreneur Elon Musk , launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk ' s new Starlink internet service. A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station at about.

UPDATE 2-First satellites for Musk's Starlink internet venture launched into orbit© Thomson Reuters A SpaceX Falcon 9 rocket takes off loaded with a Dragon cargo craft during a resupply mission to the International Space Station from Cape Canaveral, Florida, U.S., May 4, 2019. REUTERS/Thom Baur TPX IMAGES OF THE DAY CAPE CANAVERAL, Fla., May 23 (Reuters) - SpaceX, the private rocket company of high-tech entrepreneur Elon Musk, launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk's new Starlink internet service.

A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station at about 10:30 p.m. local time (0230 GMT Friday), clearing a key hurdle for a business venture that Musk hopes will generate much-needed cash for his larger ambitions in space.

Tesla in ‘Code Red Situation’ as Sell-Off Exceeds 20%

Tesla in ‘Code Red Situation’ as Sell-Off Exceeds 20% Tesla Inc.’s stock rout following this month’s $2.4 billion capital raise intensified after a once-bullish analyst called the range of issues facing the electric-car maker a “code red situation.” The shares have dropped in nine of the last 10 trading days, a stretch that started the day Tesla closed offerings of new stock and convertible bonds to shore up its balance sheet. In that span, Tesla has plunged more than 20% and fallen back behind Ford Motor Co. by market capitalization.

SpaceX, the private rocket company of high-tech entrepreneur Elon Musk , launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk ' s new Starlink internet service. A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station at about.

SpaceX, the private rocket company of high-tech entrepreneur Elon Musk , launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk ' s new Starlink internet service. A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station at about.

The launch came a week after two back-to-back countdowns for the mission were scrubbed - once due to high winds over the Cape and the next night in order to update satellite software and "triple-check" all systems.

The 60 satellites flown into space were released into orbit as planned about an hour after Thursday's launch, and the Falcon 9's main-stage reusable booster rocket flew back to Earth for a successful landing on a barge floating in the Atlantic.

SpaceX said it would probably take another day to learn whether all the satellites deployed were functioning properly. Each weighs about 500 pounds (227 kg), making them the heaviest payload carried aloft by SpaceX to date.

They represent the initial phase of a planned constellation capable of beaming signals for high-speed internet service from space to paying customers around the globe.

Bryan Cranston and Stephen Colbert venture through Times Square

Bryan Cranston and Stephen Colbert venture through Times Square Bryan Cranston, Stephen Colbert venture through Times Square on The Late Show

First satellites for Musk ’ s Starlink internet venture launched into orbit . A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station about 10:30 p.m., clearing a key hurdle for a business venture that Musk hopes will generate much-needed cash for his larger

SpaceX, the private rocket company of high-tech entrepreneur Elon Musk , launched the first batch of 60 small satellites into low-Earth orbit on Thursday for Musk ' s new Starlink internet service. A Falcon 9 rocket carrying the satellites blasted off from Cape Canaveral Air Force Station at about.

Musk has said he sees the new Starlink venture as an important new revenue stream for his California-based Space Exploration Technologies, or SpaceX, whose launch service income he expects to top out at around $3 billion a year.

He told reporters last week that makes Starlink pivotal in helping pay for his larger goals of developing a new spacecraft to fly paying customers to the moon and for eventually trying to colonize Mars.

"We think this is a key stepping stone on the way towards establishing a self-sustaining city on Mars and a base on the moon," said billionaire Musk, who is also chief executive officer of automaker Tesla Inc.

At least 12 launches carrying similar payloads are needed to achieve constant internet coverage of most of the world, Musk said. For now, Starlink is only authorized for U.S. operations.

Musk faces stiff competition. Airbus SE-backed OneWeb launched its own clutch of satellites in February, while LeoSat Enterprises and Canada's Telesat are also working to build data networks.

In each network, the tiny satellites orbit closer to Earth than traditional communications satellites, a technological shift made possible by advances in laser technology and computer chips.

Musk said SpaceX would begin approaching customers later this year or next year. As many as 2,000 satellites will be launched per year, with the ultimate objective of placing up to 12,000 into orbit. (Reporting by Joey Roulette in Cape Canaveral, Fla. Writing by Steve Gorman Editing by Paul Tait)

Read more

A woman found a snake in her shopping cart at a Trader Joe's in Louisiana, and it's the internet's nightmare come true.
A woman found a snake coiled in her shopping cart at a Trader Joe's in Baton Rouge, Louisiana. People thought it was her pet. It wasn't.

—   Share news in the SOC. Networks

Topical videos:

usr: 1
This is interesting!