Once a Washington outsider, Elon Musk now courts military business

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Elon Musk’s SpaceX was dismissed by Pentagon brass during its early years. But now, the company has secured deals for everything from launching some of the nation’s premier national-security satellites to improving weather forecasting for the military.

Elon Musk’s SpaceX was dismissed by Pentagon brass during its early years. But now, the billionaire entrepreneur and his company are enjoying more success than ever in snaring Pentagon business.

In recent months Mr. Musk’s team has secured deals for everything from launching some of the nation’s premier national-security satellites to improving weather forecasting for the military to building a new generation of small spacecraft intended to track hostile missiles. Southern California-based Space Exploration Technologies Corp., the official name of the closely held company, also has worked with the Air Force and the Army to demonstrate communication links. And weeks ago, it signed a Pentagon agreement to study the feasibility of using SpaceX’s proposed deep-space Starship transport, a giant capsule with built-in rocket engines, eventually to whisk cargo around the globe. Company engineers envision moving 80 tons between continents in minutes.

From the beginning, Mr. Musk has said his ultimate goal was colonizing Mars to provide humans a safe escape from Earth if necessary. But in the process, SpaceX amassed an order book of civilian launch contracts estimated to total about $5 billion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

No meteor shower's anymore, just the tail of thousands of satellite's.

jetcitystar That's nonsense, the SpaceX of today was born out of a US govt funded program.

elonmusk are you leonardodavinci of our century?

Of course they dismissed vaporware. He had to prove he could do what he claimed. Why is that so bizarre? Nice clickbait description and wording though. 👍

(Bloomberg) -- Elon Musk is in talks with the Israeli government to build tunnels in the country, Israeli Prime Minister Benjamin Netanyahu said at a campaign event this week, 2019. Elon loves innovation and military budgets.

More good news please(((

United States United States Latest News, United States United States Headlines