SpaceX, which was founded in 2002 by Elon Musk, has completed its first-ever launch to polar orbit for its Starlink internet network, enabling complete coverage of Earth. On Sunday, a SpaceX Falcon 9 rocket lifted off from the Vandenberg Space Force Base in California to deliver 46 Starlink satellites into low-Earth orbit. “These polar launches […]
“Elon Musk, while you try to colonise Mars — Russia try to occupy Ukraine! While your rockets successfully land from space — Russian rockets attack Ukrainian civil people!" Ukraine’s vice prime minister, Mykhailo Fedorov, tweeted. Internet connectivity in Ukraine has been heavily impacted by the Russia invasion, particularly in the south and east of the […]
The space company said that its 40 destroyed satellites — which had been part of a planned satellite constellation, intended to eventually provide continuous internet coverage for the majority of the globe — would now fall back to Earth. However, SpaceX assured the public that there was no risk of collision with Earth as the […]
The rise in Tesla’s share price has further bolstered the fortunes of its founder and chief executive, Elon Musk. According to Forbes, Musk became $25 billion richer following the deal with Hertz, making him wealthier than any billionaire ever. Recently, Morgan Stanley predicted that Musk will become the world’s first trillionaire. Tesla’s stock market value […]
Staffan Göjeryd, CEO of Telia Carrier, considers what the last 16 months have meant for Telia Carrier, his team and for him, as he looks forward to the future as an independent company. The global economy and the telecom industry were put under incredible strain by the pandemic, and the value of our network as a […]
On Friday, Xavier Niel announced a “simplified public tender” offer for Iliad shares at an offer price of $216 per share. The proposal saw a 61% increase for the stock on the Euronext Paris, boosting Niel’s net worth by $3 billion up to an estimated net worth of $10.4 billion. Niel owns approximately 70% of […]
Patrick Drahi, founder of the European-based telecom group Altice, has bought a 12.1% stake in telecommunications company BT, worth approximately £2.2 billion. Altice is now BT’s largest shareholder after the purchase of 1.2 billion shares by recently-formed Altice UK. BNP Paribas and Morgan Stanley handled the share purchases. Drahi, who has a net worth of […]
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