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SpaceX's Starlink Demonstrates Its Power but Still Needs Growth
Business

SpaceX's Starlink Demonstrates Its Power but Still Needs Growth

Revenue at the satellite-internet business jumped to $1.4 billion last year but has fallen short of Musk’s financial projections. Source link

Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
Business

Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition

The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares. Source link

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX
Business

A Rare Look Into the Finances of Elon Musk's Secretive SpaceX

The rocket company and satellite operator narrowed its loss to $559 million in 2022. Costs increased, but revenues rose faster. Source link

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches
Business

Elon Musk's SpaceX Now Has a 'De Facto' Monopoly on Rocket Launches

The company’s rockets are ferrying astronauts, launching satellites and dominating any competition. Source link

Elon Musk’s Towering SpaceX Rocket Set for Test Flight
Business

Elon Musk’s Towering SpaceX Rocket Set for Test Flight

Business SpaceX said it could try to launch Starship to space for the first time as soon as Monday Source link

Russia’s Economy Is Starting to Come Undone
Business

Russia’s Economy Is Starting to Come Undone

MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those