Space industry

A rendering on a Dream Chaser spaceplane in orbit.Sierra SpaceSierra Space, one of the sector's most valuable private companies, laid off several hundred employees and contractors this week, CNBC has learned.A Sierra Space spokesperson…
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Elon Musk's SpaceX is known for its frequent launches, which now dominate the space industry. But the satellites that the rockets send to space are just as important for the company as the launches. Starlink is SpaceX's answer to providing…
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SpaceX and Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan forum on artificial intelligence at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023.Andrew Caballero-Reynolds | AFP | Getty ImagesSpaceX employees have put their…
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Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service "in 2027 or so.""We think that by the time they go public with SpaceX, with Starlink ... in 2027 or so, four years, the…
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The company's LV0010 rocket stands on the launchpad at Florida's Cape Canaveral ahead of the NASA TROPICS-1 mission.AstraStruggling space company Astra disclosed in a securities filing late Friday that it defaulted on a recent debt…
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SpaceX's Crew Dragon capsule, named Freedom, is seen docked with the International Space Station in May 2023 during the Axiom Ax-2 mission.NASAInvestment in the space sector, especially from venture capital, is consistently flowing into…
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United Launch Alliance Atlas V rocket carrying the first two demonstration satellites for Amazon's Project Kuiper broadband internet constellation stands ready for launch on pad 41 at Cape Canaveral Space Force Station on October 5, 2023 in…
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The company's prototype vehicle "Hopper2" flies during a low-altitude launch and landing demonstration on Sept. 17, 2023 in Moses Lake, Washington.Stoke SpaceWashington-based startup Stoke Space raised $100 million in new funds, the company…
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An uncaptioned image posted on the company's website appears to show Starshield technology in orbit.SpaceXThe Pentagon has awarded Elon Musk's SpaceX its first confirmed contract for the Starshield network it's developing, a…
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Jeff Bezos' Blue Origin will replace CEO Bob Smith with outgoing Amazon executive Dave Limp, CNBC has learned.Smith is retiring effective Dec. 4 and will remain with the company until Jan. 2 for the CEO transition, according to notes to…
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