SpaceX could be valued at $36 billion in latest funding round

According to sources familiar with financing of Elon Musk’s SpaceX, the company is looking to raise around $250 million, which could see its valuation touch $36 billion, reported CNBC. According to CNBC’s report, SpaceX plans on raising the amount at a price of $220 per share. The funding round is expected to close after the…

SpaceX launches Israel’s first unmanned moon lander

Israel’s first unmanned moon lander’s Beresheet was launched from Cape Canaveral Air Force Station at about 8:45 p.m. EST (0145 GMT Friday). In a significant development for Elon Musk’s SpaceX, the firm’s Falcon 9 rocket launched off successfully on Thursday night from Florida carrying Israel’s first lunar lander. The development is likely to make Israel…

Elon Musk shakes up SpaceX management in a race to provide satellite-based internet services

Known for his aggressive management style, Elon Musk is pushing hard to become the first internet-based service provider – a move that could make a huge splash in the U.S. and global broadband market. According to two employees of SpaceX with direct knowledge of the matter at hand, Elon Musk, SpaceX’s Chief Executive Officer, known…