Tag Archives: Elon Musk

Tweets from Elon Musk and celebrities send dogecoin to a record high

A visual representation of dogecoin and other cryptocurrencies.

Yuriko Nakao | Getty Images

LONDON — Dogecoin is surging after billionaire Elon Musk and a number of celebrities appeared to back the cryptocurrency on Twitter.

The meme-inspired token rallied 65% in 24 hours to a record high of $0.083745 at 5:30 p.m. ET on Sunday, according to data from CoinMarketCap. As of 5 a.m. ET Monday, dogecoin was up 25% at a price of $0.07415.

Dogecoin’s stellar run has boosted its market value to over $9.5 billion — it briefly hit a high of $10.7 billion Sunday — making it the No. 10 digital coin on CoinMarketCap’s ranking.

At its intraday peak Sunday, trading volume in dogecoin had reached around $13.5 billion in the last 24 hours.

Dogecoin was created in 2013 and is based on the then-popular “doge” meme which portrays a Shiba Inu dog alongside multi-colored text in Comic Sans font. The cryptocurrency was initially started as a joke but has since gained a following.

Retail investors have pumped up dogecoin’s price recently, taking their cue from the tweets of Tesla CEO Elon Musk. Musk has tweeted about dogecoin several times over the years.

More recently, he posted a picture of a fictional “Dogue” magazine — a play on the popular fashion title “Vogue” — leading to an 800% surge in dogecoin’s price.

Musk subsequently threw his support behind bitcoin, saying it is “on the verge of getting broad acceptance” in finance. But he added he doesn’t have a “strong opinion” on other virtual currencies and that his tweets about dogecoin are meant to be taken as jokes.

“But fate loves irony,” Musk said recently on the social audio app Clubhouse. “The most entertaining outcome and the most ironic outcome would be that dogecoin becomes the currency of Earth in the future.”

Musk has seen made several tweets about dogecoin. Just two days after saying he planned to take a break from Twitter “for a while,” Musk returned, posting dogecoin memes and calling the token “the people’s crypto.”

He has been joined by the likes of Snoop Dogg and Kiss singer Gene Simmons in posting tweets backing dogecoin. Snoop Dogg, whose real name is Calvin Cordozar Broadus Jr., tweeted at Musk with a parody of one of his albums. The words on the album cover are replaced with “Snoop Doge” while the doge image covers Broadus’ face.

Meanwhile, Gene Simmons — whose actual name is Gene Klein — has actively promoted dogecoin to his followers, tweeting popular slang phrases in crypto like “HODL” and “to the moon.” Klein says he made a “six figure” investment in dogecoin and also owns other cryptocurrencies, including bitcoin.

The episode is reminiscent of the late-2017 crypto craze, when bitcoin’s price skyrocketed to almost $20,000 before plummeting close to $3,000 the following year. Multiple celebrities had hyped up crypto in 2017, with some endorsing a controversial form of crowdfunding known as an “initial coin offering.”

Dogecoin’s resurgence in the last few weeks has also been down to enthusiasm from a Reddit group called SatoshiStreetBets. Like the WallStreetBets subreddit, which helped fuel the recent GameStop rally, SatoshiStreetBets aims to pump up the prices of cryptocurrencies.

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He Thought He Was Living in ‘The Matrix’ and Killed His Parents

Simulation theory posits that reality might not actually be real, but instead might be an illusion about which we are unaware, and from which we can possibly awaken, and it’s an idea that’s been investigated by everyone from Plato (with “The Cave”) and Descartes (with Meditations on First Philosophy) to, more recently, Philip K. Dick and The Matrix. It’s a fantasy of both escape and enslavement, liberation and manipulation, and one that taps into our own experiences moving between conscious and unconscious states, as well as losing ourselves in the fictional world of cinema. As such, it’s just about the ideal topic for documentarian Rodney Ascher, who on the heels of Room 237 (about The Shining as multifaceted puzzle-box) and The Nightmare (about sleep paralysis) once more ventures into unreal terrain with A Glitch in the Matrix, a compellingly out-there look at the possibility that we’re all avatars in a game we can’t comprehend.

Dick’s 1977 speech in Metz, France, titled, “If You Find This World Bad, You Should See Some of the Others,” forms the backbone of A Glitch in the Matrix (premiering in the Midnight Section of the Sundance Film Festival on Jan. 31, followed by a VOD debut on Feb. 4). In it, the famed author of A Scanner Darkly, The Man in the High Castle, Minority Report, Do Androids Dream of Electric Sheep? (the basis for Blade Runner), and We Can Remember It For You Wholesale (the basis for Total Recall) confesses that a 1974 dose of Sodium Pentothal for impacted wisdom teeth allowed him to have an “acute flash” of a “recovered memory” about a world, and life, that was not his own. Dick wrote extensively about this experience (known as “2-3-74”) in the posthumously released The Exegesis of Philip K. Dick, and it also informed his fictional output, much of which grappled with the unreliable and volatile nature of reality while imagining future societies in prophetic and poignant fashion.

Dick was the modern godfather of simulation theory, and A Glitch in the Matrix spends considerable time with people who’ve taken his seminal writing—as well as Lana and Lilly Wachowski’s The Matrix, itself intensely indebted to Dick—to heart. In Skype interviews with Ascher, these individuals appear disguised as outlandish digital avatars, including a red-faced armored lion, a Mechagodzilla-ish dragon in a tuxedo, a vaping alien in a puffy space suit, and a helmeted warrior with digital eyes and mouth. Their appearances speak to their own belief in dueling realities (and identities), which is also born from Elon Musk’s publicly stated conviction that we might be living in an artificial simulation run by advanced beings, as well as a 2003 academic paper by Oxford University professor Nick Bostrom (“Are You Living in a Computer Simulation?”) that advanced the hypothesis that we could be pawns in a hyper-advanced program that’s either recreating a past that’s already taken place (called an “ancestor simulation”), or a wholly new alternate timeline.

The notions forwarded by these speakers hinge on everything from anecdotal stories about their own breaks with reality, to arguments about coincidence, probability, and synchronicities, to outrageous—and highly specific—speculation about the details of our simulation. Suffice it to say, not all of it is convincing. It is, however, entertainingly insightful about mankind’s continual desire to explain grand mysteries through spiritual-by-way-of-scientific concepts about foreign realms, puppetmaster-ish higher powers, and technological exploitation.

To his credit, one interviewee (Paul Gude AKA the “lion”) concedes that maybe simulation theory is merely the easiest means by which his brain chooses to cope with the complexity of human existence. And in an earlier scene, he admits that his VR-based theory may be the byproduct of the fact that people always try to explain reality through the most advanced technology available at the moment. Boasting movie clips from, among others, The Wizard of Oz, The Truman Show, A Nightmare on Elm Street, Vertigo, The Thirteenth Floor, The Adjustment Bureau, They Live, Defending Your Life and, of course, The Matrix, A Glitch in the Matrix suggests that the movies are a prime vehicle for both creating and channeling these ideas, which are often rooted in feelings of loneliness, alienation and despair, and thus can result in particularly scary consequences.

As Cooke’s story makes clear, the danger of simulation theory is that, if nothing and no one is authentic, than ethical concerns about society, and your fellow man, are hopelessly undermined, leading to potential chaos.

That’s most harrowingly conveyed by an extended sequence in which Joshua Cooke explains (via audio interview, complemented by CGI recreations) how his infatuation with The Matrix, coupled with his abusive domestic life and undiagnosed mental illness, drove him to murder his adoptive parents in an attempt to discern whether he was, in fact, living inside the Matrix (his conclusion: “It messed me up really bad, because it wasn’t anything like I had seen on The Matrix. How real life was so much more horrific. It kinda jarred me”).

Cooke was 19 when he killed his adoptive parents with a 12-gauge shotgun in Virginia, and subsequently pleaded guilty and was sentenced to 40 years in jail. It became known as “The Matrix Case,” and as Cooke’s story makes clear, the danger of simulation theory is that, if nothing and no one is authentic, than ethical concerns about society, and your fellow man, are hopelessly undermined, leading to potential chaos. Unsurprisingly, the links between video games and simulation theory are numerous—Jesse Orion (i.e. the alien astronaut) says he spent years doing little more than playing games—and A Glitch in the Matrix taps into that connection by employing all sorts of computer-animated graphics (including from Google Earth and Minecraft) to visualize the suppositions of its subjects. Illuminating and amusing, the film’s playful digital form reflects and reveals truths about its content.

Set to Jonathan Snipes’ menacing electronic score, and also addressing the way in which déjà vu and the “Mandela Effect” relate to its central topic, A Glitch in the Matrix continues Ascher’s non-fiction study of communal tall tales, scientific hypotheses, and art analysis. Offering up a chorus of voices that seek to decipher the riddles of the universe and the atom through fanciful outlooks on the mind, body, and reality itself, his film is an eye-opening and shrewdly critical inquiry into our evolving perceptions of who we are, our deeply personal connection to big-screen dreams, and our persistent quest for knowledge about the things we don’t (yet) understand. It’s a treatise on religious and scientific yearning, and on human impulses and aspirations, that doubles as a portrait of crackpot conspiracy theories and mass delusion.

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DOJ investigating SpaceX after hiring discrimination complaint

A Falcon 9 rocket launches the Transporter-1 mission in January 2021.

SpaceX

The U.S. Department of Justice is investigating Elon Musk’s SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices, according to court documents filed on Thursday.

The DOJ’s division of Immigrant and Employee Rights received a complaint of employment discrimination from a non-U.S. citizen claiming that the company discriminated against him based on his citizenship status.

“The charge alleges that on or about March 10, 2020, during the Charging Party’s interview for the position of Technology Strategy Associate, SpaceX made inquiries about his citizenship status and ultimately failed to hire him for the position because he is not a U.S. citizen or lawful permanent resident,” DOJ attorney Lisa Sandoval wrote in a complaint filed Thursday.

SpaceX did not immediately respond to CNBC’s request for comment. The Department of Justice declined to comment.

SpaceX headquarters in Los Angeles, California.

AaronP/Bauer-Griffin | GC Images | Getty Images

The Immigrant and Employee Rights (IER) division says it notified SpaceX via email on June 8 that it had opened an investigation, requesting SpaceX to provide information and documents related to its hiring and employment eligibility verification processes.

The complaint says SpaceX responded in August, sending the DOJ a Form I-9 spreadsheet of information about employees dating back to June 2019. But SpaceX refused the DOJ’s request “to produce any Form I-9 supporting documentation, such as copies of employees’ passports, driver’s licenses, or Social Security cards,” Sandoval wrote.

IER then obtained a subpoena on Oct. 7, but the complaint claims that SpaceX refused to produce the subpoenaed documents.

SpaceX filed a petition with a DOJ administrative tribunal to dismiss the subpoena on grounds that it exceeded the scope of IER’s authority, but that petition was denied, and SpaceX was ordered to comply. IER says SpaceX on Dec. 11 acknowledged that the order, but told IER “that it ‘does not intend to produce any additional information in response to the administrative subpoena.'”

The DOJ’s IER argues that the subpoenaed documents are relevant because they show the extent to which SpaceX hires non-U.S. citizens, and says it’s not burdensome, although SpaceX has told the IER that it would have to retrieve each document manually.

The Department of Justice is requesting an order from the court to require SpaceX comply with the subpoena within two weeks.

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Elon Musk explains how self-driving robotaxis justify Tesla valuation

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020.

Johannessen-Koppitz | Bloomberg | Getty Images

Don’t count Elon Musk among the investors who think Tesla is overvalued, even with the stock up almost 700% in the past year and the company valued at 213 times projected 2021 earnings, according to FactSet.

In the car maker’s fourth-quarter earnings call on Wednesday, Tesla’s CEO said there is a “roadmap to potentially justify” its market cap, which has topped $800 billion, making it the fifth-most valuable U.S. company. Musk is now the world’s wealthiest person, with a net worth over $200 billion.

Musk’s valuation math goes like this: Assume the company soon reaches $50 billion to $60 billion in annual car sales (the company generated $9.31 billion in automotive revenue in Q4 and said that vehicle deliveries would increase an average of 50% a year going forward). As Tesla’s self-driving technology continues to improve, those vehicles will become self-driving robotaxis, allowing usage to go from 12 hours a week to 60 hours a week. Tesla could charge additional fees for those robotaxis, allowing the company to generate much more revenue per car. Basically, it would be like bringing software economics to the manufacturing-intensive car business.

Musk also announced that Tesla’s Full Self Driving package will be available on a subscription basis starting in Q1, rather than as a one-time $10,000 add-on, which will allow Tesla to begin adding recurring revenue as it works on improving its self-driving technology.

Even if usage only doubles, a $1 trillion valuation can make sense, according to Musk.

“If you made $50 billion worth of cars, it would be like having $50 billion of incremental profit, basically because it’s just software,” Musk said in the introductory part of the call. Based on that formula, Musk says a multiple of 20 times earnings would lead to $1 trillion in market cap — “and the company’s still in high-growth mode.”

Less than nine months ago, Musk had a very different perspective on the company’s valuation. In a tweet on May 1, he said “Tesla stock price is too high,” a comment that sent the shares down 10%. Since then, the company’s market cap has jumped by more than 450%.

It’s possible that investors are already presuming Tesla’s cars will eventually turn into revenue-generating robotaxis. But the company isn’t close to having those capabilities yet, and Musk has a history of over-promising when it comes to technological innovation.

For instance, when Tesla began to discuss self-driving technology in 2016, Musk said the company would complete a hands-free trip across the U.S. by late 2017. The company has yet to complete that mission.

Currently, Tesla’s Full Self Driving features include Smart Summon, which lets a driver call their Tesla to roll out from a parking spot to where they are standing, and Navigate on Autopilot, which can pilot the car from a highway on-ramp to an off-ramp, making necessary lane changes along the way.

But despite its name, the Full Self Driving package still requires drivers to keep their hands on the steering wheel and remain attentive at all times. A Munich court ruled last year that Tesla misled consumers on the abilities of its automated driving systems, and banned the company from including “full potential for autonomous driving” and “Autopilot inclusive” in its advertising materials.

While Tesla has missed many of its own projections for self-driving technology, Musk continues to insist that it’s coming. “I really do not see any obstacles here,” he told an analyst on the call who asked about the company’s progress.

Tesla shares fell 5.5% in extended trading on Wednesday after the company reported earnings that missed analysts’ estimates, even as revenue was better than expected.

WATCH: Tesla misses on earnings

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Elon Musk and Jeff Bezos, World’s Richest, Shade Each Other Over…

The statement followed a tweet from Musk, the richest person according to data compiled by Bloomberg.

The world’s two richest men are duking it out before U.S. regulators over celestial real estate for their satellite fleets.

Elon Musk’s SpaceX has asked the Federal Communications Commission for permission to operate Starlink communications satellites at a lower orbit than first planned.

Jeff Bezos’s Amazon.com Inc. says the move would risk interference and collisions with its planned Kuiper satellites, which like Starlink are designed to beam internet service from space.

A dispute that would normally be confined to regulatory filings is spilling into public view, in a spat that showcases the large personalities involved as billionaires chase dreams in the sky.

“It is SpaceX’s proposed changes that would hamstring competition among satellite systems,” Amazon tweeted Tuesday from its official news account. “It is clearly in SpaceX’s interest to smother competition in the cradle if they can, but it is certainly not in the public’s interest.”

Jeff Bezos’s Amazon.com Inc. says the move would risk interference and collisions with its planned Kuiper satellites, which like Starlink are designed to beam internet service from space.

The statement followed a tweet from Musk, the richest person according to data compiled by Bloomberg.

“It does not serve the public to hamstring Starlink today for an Amazon satellite system that is at best several years away from operation,” Musk said in a tweeted reply to coverage by CNBC journalist Michael Sheetz.

Musk’s Space Exploration Technologies Corp. has launched more than 1,000 satellites for its Starlink internet service and is signing up early customers in the U.S., U.K. and Canada. Amazon last year won FCC permission for a fleet of 3,236 satellites and has yet to launch any.

Amazon earlier urged the FCC to reject SpaceX’s request for lower orbits. It said the change would put SpaceX satellites in the midst of the Kuiper System orbits, according to filings at the agency.

SpaceX pushed back in calls to the FCC, saying its plans wouldn’t increase interference for what it termed Amazon’s “still nascent plans.”

A lower orbit allows quicker internet service because the signal doesn’t travel as far. SpaceX told the FCC that having the satellites closer to Earth lessens the risk of space debris because they would fall out of orbit more quickly than higher spacecraft.

SpaceX eventually plans to operate some 12,000 satellites and has won FCC authorization for about 4,400 birds, including 1,584 at 550 kilometers — where its satellites currently orbit. The company is seeking permission to stage another 2,824 satellites at the same approximate altitude, rather than twice as high as originally proposed.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Axiom Space unveils AX-1 crew for fully-private SpaceX mission to ISS

SpaceX’s Crew Dragon Endeavour seen docked with the International Space Station on July 1, 2020.

NASA

A pair of investors are joining the first fully-private flight to the International Space Station — not as financial backers, but as the passengers flying along.

Houston-based start-up Axiom Space on Tuesday unveiled that real estate investor Larry Connor and Canadian investor Mark Pathy will fly on its upcoming AX-1 mission. The pair join former NASA astronaut Michael López-Alegría, who will be the commander of the flight, and former Israeli fighter pilot Eytan Stibbe. Connor will be the mission’s pilot, which will make him the first private spaceflight pilot.

Axiom last year signed a deal with SpaceX for the mission. Elon Musk’s company is scheduled to launch the all-private crew no earlier than January 2022, using a Crew Dragon capsule to carry them to the space station. The mission comes at a steep price — $55 million per person — but will net them an eight-day stay on the space station.

“Never has an entire crew been non-professional astronauts,” López-Alegría told CNBC. “This is really groundbreaking, and I think it’s very important that the mission be successful and safe because we’re really paving the way for lots of things to happen after us.”

López-Alegría flew to space four times for NASA as a professional astronaut but now works for Axiom. He will lead them through about 15 weeks of training starting in the fall, command the spacecraft and make sure the other three crew members “have a safe and productive time,” he said.

AX-1 was originally scheduled for October 2021, but slid to early 2022. Axiom wants to fly “a couple of these missions per year,” López-Alegría added, so future missions are on deck. Speculation abounded that AX-1 would feature actor Tom Cruise, as last year NASA announced that it is working with Cruise to film a movie on the ISS.

Connor has lead The Connor Group since 2003, building the Ohio-based real estate investment firm to more than $3 billion in assets. Pathy, who is set to become the 11th Canadian astronaut, is the CEO and chairman of family office fund MAVRIK Corp, as well as chairman of the board at publicly-traded Montreal-based music company Stingray Group.

Stibbe would be the second Israeli astronaut — the first was Ilan Ramon, a payload specialist on board Space Shuttle Columbia, who was killed in February 2003 when Columbia broke apart during re-entry. Stibbe was a close friend of Ramon’s.

AX-1 is ‘100% not a vacation’

While space tourism is an emerging sub-sector of the space industry, Axiom’s private passengers do not put themselves in that category.

“We absolutely do not believe that we’re space tourists,” Connor told CNBC.

López-Alegría similarly emphasized that the 10-day mission “is 100% not a vacation for these guys.”

“They’re really focused on having this be a mission to promote a benefit to society, so they each are working on flight programs,” Lopez-Alegria said. “They’re teaming up with various institutions, hospitals and other research entities, as well as to do outreach while they’re up there.”

Each of three have research missions they will be conducting on behalf of other organizations. Connor is collaborating with the Mayo Clinic and Cleveland Clinic. Meanwhile, Pathy is working with the Canadian Space Agency and the Montreal Children’s Hospital. Finally, Stibbe is working on behalf of the Ramon Foundation and Israeli Space Agency.

“I’ve volunteered myself to be a test subject,” Connor said. “We’re not going there to be spectators; we’re going there to do research and hopefully add some value for people.”

Connor and Pathy together witnessed SpaceX’s first astronaut launch, the Demo-2 mission in May, which was the first rocket launch either had seen in person.

The private ride to space

The Crew Dragon Resilience spacecraft in the hangar ahead of the Crew-1 mission

SpaceX

SpaceX developed Crew Dragon through heavy NASA funding, with the spacecraft built to fly astronauts to-and-from the ISS in low Earth orbit. SpaceX has launched two astronaut crews for NASA so far, including the first operational mission called Crew-1 in November.

Although NASA contributed to its development, Musk’s company owns and operates the spacecraft and rocket — with Axiom managing the mission and preparing the astronauts to launch.

The AX-1 crew has yet to begin its formal training, but Connor said they have stopped by SpaceX’s headquarters in Los Angeles for a spacesuit fitting and to see the spacecraft.

“The Crew Dragon capsule, in terms of quality and professionalism, is just outstanding,” Connor said. “And you can tell that, [as a group SpaceX is] exceptionally talented and committed to the mission.”

Connor emphasized that “NASA and SpaceX have nothing short of a remarkable safety record,” which he said he reviewed with his family when considering the risk of flying to space.

“We got to the point where we’re not only confident but comfortable that we can do both a valuable mission and a safe one,” Connor said.

NASA’s SpaceX Crew-1 crew members seated in the company’s Crew Dragon spacecraft during training. From left to right: NASA astronauts Shannon Walker, Victor Oliver and Mike Hopkins, and JAXA astronaut Soichi Noguchi.

SpaceX

AX-1 is expected to use SpaceX’s Crew Dragon spacecraft “Resilience” after it returns from its current Crew-1 mission. While the company regularly lands and reuses its Falcon 9 rocket boosters and its Cargo Dragon capsules, AX-1 would likely be the first time reuse is introduced to a Crew Dragon spacecraft.

“I’m very comfortable with that,” López-Alegría said. “Reusability is something that has been always made sense in human spaceflight.”

An expensive endeavor

The uncrewed SpaceX Crew Dragon spacecraft at the International Space Station with its nose cone open revealing its docking mechanism while approaching the station.

NASA

At $55 million a seat, it’s unsurprising that the first private space crew includes high net worth individuals like Connor and Pathy. The former said that it’s “a fair question and concern” that some might criticize private spaceflight as only for the ultra rich.

“We have lots of domestic problems and challenges, as well as international, but does that mean we should forget about the future?” Connor asked. “And, if you really think about the future, my view is that space is the next great frontier, so shouldn’t we be trying to explore and in some regards try to pioneer that?”

López-Alegría characterized the mission as “the first crack in the door toward democratization of space,” following closely on the heels of NASA’s decision in 2019 to allow private missions to visit the ISS. NASA will charge each person $35,000 per day while on board, as compensation for the services needed such as food and data usage.

“It’s not a very democratic demographic right now because of the cost of the flights, but we fully anticipate that the costs will start coming down,” López-Alegría said. “At some point we’ll be able to offer these to the man-on-the-street. It’s going to be a while but that’s the goal, and you have to start somewhere.”

For Connor’s part, he asked that critics of private spaceflight “think long term” to 25 or more years from now.

“Will it be that uncommon for people to go into space? I think and I hope the answer is going to be no. So somebody has to start it, somebody has to do the exploration and set the standards and so hopefully people will will look at it in that way,” Connor said.

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SpaceX Falcon 9 boosts record 143 satellites into orbit on “rideshare” mission

A SpaceX Falcon 9 rocket boosted a record 143 small satellites into a polar orbit on Sunday in the company’s first dedicated “rideshare” mission, a response to the growing demand for low-cost access to space by smaller, non-traditional companies and institutions.

The “Transporter 1” mission also served as a reminder of the ongoing debate over what role the government should play regulating the increasingly crowded domain of low-Earth orbit where collisions would create high-speed shrapnel threatening other spacecraft.

“No universally accepted ‘rules of the road’ exist for the safety of space operations, much less a regulatory regime for active risk management and collision avoidance,” NASA’s Aerospace Safety Advisory Panel wrote in its recently released 2020 annual report.

“As the potential for orbital collisions rises with increasing congestion, it is important to recognize that risks to astronauts, critical national security capabilities and global space commerce are also on the rise.”

A SpaceX Falcon 9 rocket climbs away from Cape Canaveral on Sunday, January 24, 2021, carrying a record 143 small satellites.

William Harwood/CBS News


Running a day late because of bad weather, the Transporter 1 mission began with a ground-shaking roar at 10 a.m. ET as the Falcon 9 lifted off from Cape Canaveral and arced away on a rare southeasterly trajectory toward a 326-mile-high orbit around Earth’s poles.

After propelling the rocket out of the lower atmosphere, the first stage, making its fifth flight, fell away and flew itself to an on-target landing on an off-shore drone ship southeast of Miami. It was SpaceX’s 73rd successful booster recovery and the 51st at sea.

The 143 satellites atop the second stage were the most ever launched by a single rocket, eclipsing the previous 104-satellite mark set by India’s Polar Satellite Launch Vehicle in February 2017.

“Excited about offering low-cost access to orbit for small companies!” SpaceX founder Elon Musk tweeted Friday.

SpaceX charges a relatively low $1 million to launch a 440-pound satellite and $5,000 for every 2.2 pounds above that base level. The company says Transporter missions will be carried out every four months or so as required.

Sunday’s flight featured a smorgasbord of CubeSats, nanosats and other small spacecraft provided by multiple companies and institutions.

The manifest included 10 of SpaceX’s Starlink internet relay stations, pushing the total launched to date to 1,025, 48 Planet-built SuperDove Earth-imaging satellites and a wide variety of “smallsats” devoted to commercial applications, technology development, scientific research. and education.

Memorial spaceflight company Celestis sent cremains aloft in small containers representing 114 “participants,” including ashes from the late CBS News Radio correspondent Dave Barrett, a lifelong space enthusiast.

Rideshare flights are a recent commercial innovation giving companies and institutions relatively quick, affordable access to space they might not otherwise be able to secure.

Germany-based Exolaunch helps facilitate small satellite launches and had 30 aboard SpaceX’s Transporter 1 mission. This artist’s impression shows multiple deployments using the company’s EXOport launch vehicle adapter.

Exolaunch


But critics worry the rapidly increasing numbers of satellites, in the absence of government regulation and control, will translate into an increased threat of potentially catastrophic collisions.

The Aerospace Safety Advisory Panel called space debris “a major safety issue” and the “dominant contributor to calculations of loss-of crew predictions” for SpaceX Crew Dragon and Boeing Starliner astronaut ferry ships and Lockheed Martin’s Orion deep space capsule.

Space debris also contributes to two of the top three risks faced by the International Space Station.

“The hazard persists and continues to grow exponentially,” the report states. “Space is becoming more congested. For example, CubeSats and other small satellites are being launched with increasing frequency, and several companies are now deploying mega-constellations with hundreds, or even thousands, of satellites.”

U.S. Space Force provides satellite tracking, but it is growing increasingly difficult and there is no regulatory framework governing active risk management and collision avoidance.

“Given the recent increase in non-traditional commercial space operations, including satellite servicing, space tourism and the deployment of large numbers of satellites to provide worldwide internet access, updates to the existing roles and responsibilities may be appropriate,” the ASAP said.

“As things stand today, there are no clear lines of authority for directing coherence among the many entities that operate in space.”



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SpaceX Falcon 9 boosts record 143 satellites into orbit on “rideshare” mission

A SpaceX Falcon 9 rocket boosted a record 143 small satellites into a polar orbit on Sunday in the company’s first dedicated “rideshare” mission, a response to the growing demand for low-cost access to space by smaller, non-traditional companies and institutions.

The “Transporter 1” mission also served as a reminder of the ongoing debate over what role the government should play regulating the increasingly crowded domain of low-Earth orbit where collisions would create high-speed shrapnel threatening other spacecraft.

“No universally accepted ‘rules of the road’ exist for the safety of space operations, much less a regulatory regime for active risk management and collision avoidance,” NASA’s Aerospace Safety Advisory Panel wrote in its recently released 2020 annual report.

“As the potential for orbital collisions rises with increasing congestion, it is important to recognize that risks to astronauts, critical national security capabilities and global space commerce are also on the rise.”

A SpaceX Falcon 9 rocket climbs away from Cape Canaveral on Sunday, January 24, 2021, carrying a record 143 small satellites.

William Harwood/CBS News


Running a day late because of bad weather, the Transporter 1 mission began with a ground-shaking roar at 10 a.m. ET as the Falcon 9 lifted off from Cape Canaveral and arced away on a rare southeasterly trajectory toward a 326-mile-high orbit around Earth’s poles.

After propelling the rocket out of the lower atmosphere, the first stage, making its fifth flight, fell away and flew itself to an on-target landing on an off-shore drone ship southeast of Miami. It was SpaceX’s 73rd successful booster recovery and the 51st at sea.

The 143 satellites atop the second stage were the most ever launched by a single rocket, eclipsing the previous 104-satellite mark set by India’s Polar Satellite Launch Vehicle in February 2017.

“Excited about offering low-cost access to orbit for small companies!” SpaceX founder Elon Musk tweeted Friday.

SpaceX charges a relatively low $1 million to launch a 440-pound satellite and $5,000 for every 2.2 pounds above that base level. The company says Transporter missions will be carried out every four months or so as required.

Sunday’s flight featured a smorgasbord of CubeSats, nanosats and other small spacecraft provided by multiple companies and institutions.

The manifest included 10 of SpaceX’s Starlink internet relay stations, pushing the total launched to date to 1,025, 48 Planet-built SuperDove Earth-imaging satellites and a wide variety of “smallsats” devoted to commercial applications, technology development, scientific research. and education.

Memorial spaceflight company Celestis sent cremains aloft in small containers representing 114 “participants,” including ashes from the late CBS News Radio correspondent Dave Barrett, a lifelong space enthusiast.

Rideshare flights are a recent commercial innovation giving companies and institutions relatively quick, affordable access to space they might not otherwise be able to secure.

Germany-based Exolaunch helps facilitate small satellite launches and had 30 aboard SpaceX’s Transporter 1 mission. This artist’s impression shows multiple deployments using the company’s EXOport launch vehicle adapter.

Exolaunch


But critics worry the rapidly increasing numbers of satellites, in the absence of government regulation and control, will translate into an increased threat of potentially catastrophic collisions.

The Aerospace Safety Advisory Panel called space debris “a major safety issue” and the “dominant contributor to calculations of loss-of crew predictions” for SpaceX Crew Dragon and Boeing Starliner astronaut ferry ships and Lockheed Martin’s Orion deep space capsule.

Space debris also contributes to two of the top three risks faced by the International Space Station.

“The hazard persists and continues to grow exponentially,” the report states. “Space is becoming more congested. For example, CubeSats and other small satellites are being launched with increasing frequency, and several companies are now deploying mega-constellations with hundreds, or even thousands, of satellites.”

U.S. Space Force provides satellite tracking, but it is growing increasingly difficult and there is no regulatory framework governing active risk management and collision avoidance.

“Given the recent increase in non-traditional commercial space operations, including satellite servicing, space tourism and the deployment of large numbers of satellites to provide worldwide internet access, updates to the existing roles and responsibilities may be appropriate,” the ASAP said.

“As things stand today, there are no clear lines of authority for directing coherence among the many entities that operate in space.”



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Tesla CEO donates to carbon capture technology prize

GRUENHEIDE, GERMANY – SEPTEMBER 03: Tesla head Elon Musk talks to the press as he arrives to to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Musk is currently in Germany where he met with vaccine maker CureVac on Tuesday, with which Tesla has a cooperation to build devices for producing RNA vaccines, as well as German Economy Minister Peter Altmaier yesterday.

Maja Hitij | Getty Images

Tesla and SpaceX CEO Elon Musk has announced that he is donating $100 million towards a prize for the best technology that can capture carbon dioxide.

Musk, who overtook Amazon founder Jeff Bezos to become the world’s richest person this month, made the announcement on Twitter late Thursday, saying he would share more details next week.

“Am donating $100M towards a prize for best carbon capture technology,” Musk tweeted to his 42.7 million followers.

Carbon capture is the process of trapping waste carbon dioxide either directly from the air, or just before it gets emitted from factories and power plants.

With the latter, the first step is often to install solvent filters on factory chimneys, which catch the carbon emissions before they’re released into the Earth’s atmosphere. Once captured, carbon dioxide can then be shipped or piped somewhere it can’t escape from (often deep underground) to prevent it contributing to global warming.

Most of the captured carbon dioxide remains underground, but some of it can also used to make plastics and fizzy drinks.

Why is carbon capture needed?

Global carbon dioxide emissions have soared over the last 100 years, leading to unprecedented global warming and climate change.

There are currently around 20 carbon capture, usage and storage (CCUS) projects operating commercially worldwide, according to the International Energy Agency.

The agency said that 30 new projects had been agreed since 2017, but stressed that many more were needed to prevent carbon emissions from raising the temperature on Earth by more than 1.5 degrees Celsius above pre-industrial levels.

The IEA believes CCUS projects could reduce carbon emissions by almost a fifth, while also slashing the cost of tackling the climate crisis by 70%. Adapting heavy industry to run on clean energy is relatively difficult and expensive compared to installing carbon capture systems.

U.S. President Joe Biden has pledged to put more of a focus on cutting emissions than his predecessor and said he wants the U.S. to be carbon neutral by 2050.

‘Plant more trees’

The prize that Musk has said he will contribute to is connected to the Xprize Foundation, TechCrunch reported, citing an anonymous source. The foundation is a nonprofit that puts on competitions to promote and support innovation.

According to the Bloomberg Billionaire Index, Musk has a total net worth of $201 billion, while Bezos has $193 billion. Microsoft founder Bill Gates is the next wealthiest person, with a total net worth of $134 billion.

Musk recently asked his Twitter followers what he should do with his money.

“Critical feedback is always super appreciated, as well as ways to donate money that really make a difference (way harder than it seems),” he tweeted Jan. 8.

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