Breaking News
"American NIGHTMARE!" Ron Paul + O'Leary vs de Blasio | Mamdani + Trump's Big Beau
The story told as only Alex Jones can! P Diddy's Acquittal Of Serious Charges...
IRAN: Everything You Need To Know But Were Too Afraid of the Israel Lobby To Ask
This Is Israel's War - Not Our War
Top Tech News
xAI Grok 3.5 Renamed Grok 4 and Has Specialized Coding Model
AI goes full HAL: Blackmail, espionage, and murder to avoid shutdown
BREAKING UPDATE Neuralink and Optimus
1900 Scientists Say 'Climate Change Not Caused By CO2' – The Real Environment Movement...
He 3D Printed a Whole House
New molecule could create stamp-sized drives with 100x more storage
DARPA fast tracks flight tests for new military drones
ChatGPT May Be Eroding Critical Thinking Skills, According to a New MIT Study
How China Won the Thorium Nuclear Energy Race
Sunlight-Powered Catalyst Supercharges Green Hydrogen Production by 800%
Spacex filed with FCC to operate 4400 satellites and Elon Musk Spacex shares are worth $8.1 billion
Elon Musk's trust currently owns 54% of the outstanding stock of SpaceX and has voting control of 78% of the outstanding stock of SpaceX.
Google and Fidelity's investment valued Spacex at roughly $15 billion. Therefore, Elon's shares of SpaceX are worth $8.1 billion.
Elon has 22% stake in Tesla Motors (31,100,644 shares) which are currently worth $5.7 billion at today's close of $183.93.
A net worth of $13.8 billion would put Elon as about the 70th richest person in the world
The FCC filing is here
Space Exploration Holdings, LLC seeks operating authority (i.e., approval for orbital deployment and a station license) for a non-geostationary orbit satellite system in the Fixed-Satellite Service using the Ku and Ka frequency bands.
Elon Musk has proposed a network of some 4,000 micro-satellites to provide broadband Internet services around the globe. SpaceX is partnering with Google and Fidelity Investments, which are investing $1 billion for a 10 percent stake in the endeavor. Richard Branson's Virgin Galactic and Qualcomm, meanwhile, are investing in a competing venture called OneWeb, which aims to build a similar network of micro-satellites.