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Category: Elon Musk – Page 242

SpaceX Starlink Will Equal Launch Revenue in 2020 and Will Make Elon the World’s Richest Person by 2023

SpaceX has successfully deployed sixty production versions of the Starlink Satellite. They are targeting six Starlink launches through the next six months. Those six launches will place 360 Starlink satellites into orbit. The pace of Starlink launches will increase with six more launches by the end of April 2020. This will enable SpaceX to generate a lot of revenue for service to North America, Europe and Asia. The revenue will be from reducing latency in financial trading communication.

SpaceX and Elon Musk will be made financially secure by 2023 and will have the $20 billion per year budget of NASA. If Elon has a 30X on his 54% share of SpaceX, then with Elon would have 30 times $10 billion in 2024 (50% of $20 billion in 2024). This means Elon would be worth over $300 billion without including any valuation for Tesla.

If Tesla still had any financial issues, Elon would be able to lend money from SpaceX to Tesla by late 2020 or 2021. Elon used Tesla to buyout Solarcity. In 2018, financial analysts speculated that Elon could his SpaceX stake as collateral in a buyout of Tesla. If SpaceX is worth $100 billion late in 2020 and then $200 billion in 2021, Elon would easily be able to fund a Tesla buyout with his $54 billion and then $108 billion of SpaceX (versus about $15 billion today).

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SpaceX’s deploys 60-satellite Starlink blob, all spacecraft successfully phone home

SpaceX’s first 60 “production-design” Starlink satellites have been successfully placed in orbit, kicking off a constellation beta test at an unprecedented scale. According to CEO Elon Musk, all spacecraft also managed to successfully ‘phone home’ after separation.

The company’s Redmond satellite operators still need to verify that all spacecraft are functional and healthy after a Falcon 9 launch and chaotic deployment from the rocket’s upper stage, but the riskiest part of the mission is now arguably behind SpaceX. What remains is essentially a massive, hardware-rich test of SpaceX’s Starlink satellite constellation, ranging from granular flight testing of individual components to an effective simulation of a full constellation’s operations.

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Elon Musk says SpaceX Starlink internet satellites are key to funding his Mars vision

Starship is designed to be a fully reusable launch system, and is intended to transport as many as 100 people at a time to and from the moon or Mars.

On the call Wednesday, Musk clarified that SpaceX’s recent fundraising rounds “have been oversubscribed.” He said SpaceX has the funding needed to build and launch enough Starlink satellites to begin using the network.

“At this point it looks like we have sufficient capital to get to an operational level,” Musk said.

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Tesla will have a $35K car that can go 1,000 miles on a single charge by 2020

When designing the Tesla Model S, Elon Musk wanted an electric motor that had the same horsepower as the most powerful internal combustion engine but with nearly-instantaneous torque. And he wanted it to be the size of a watermelon. Engine manufacturers told him this couldn’t be done. So the Tesla CEO decided to build his own motor. The earlier versions of this had a hand-wound stator which increased winding density to help eliminate resistance and increase peak torque. Later versions of the stators were built by robots.

Musk made the same decision with practically every other component of the Tesla — including the power electronics and other elements of the drivetrain. For him, there could be no compromises in design and functionality. That is why almost every component of the Tesla Model S is produced at its factory in Fremont, Calif.

When you drive a Model S, you can see the results. The car literally seems to fly. It picks up acceleration like a spaceship shifting into warp speed. The car is eerily quiet, comfortable, and elegant. It is a completely different driving experience than the cars we are used to. There is no engine to start, gears to shift, or oil to replace. The brakes don’t wear out because you hardly use them. The Tesla regenerative-braking system charges the car as it slows.

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Elon Musk’s startup connecting brains to computers raises $39 million

Elon Musk’s Neuralink startup raises $39 MILLION as it seeks to develop tech that will connect the human brain with computers…

An Elon Musk-backed startup looking to connect human brains to computers has raised most of its $51 million funding target. According to a report Neuralink has raised $39 million.


Blazing Supersonic Plane Could Zoom From NY to Paris in 90 Min

Planes, Drones, and AI Machines

But going from Mach 2 to Mach 5 is not an easy undertaking. Hermeus is hoping to pull from existing technologies to make its insanely fast passenger plane a reality, including titanium materials and cutting edge rocketry.

It’s impossible to tell what the future of air travel will look like. If supersonic airplanes aren’t it, SpaceX founder Elon Musk has pushed for the idea that we’ll go between Earthly destinations in rockets that can technically take us to Mars.

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