Breaking News
How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin's Anonymity
Old World Order is COLLAPSING: The Death of Europe and the Rise of China
Energy Secretary Expects Fusion to Power the World in 8-15 Years
South Koreans Feel Betrayed Over Immigration Raid, Now Comes the Blowback
Top Tech News
Tesla Megapack Keynote LIVE - TESLA is Making Transformers !!
Methylene chloride (CH2Cl?) and acetone (C?H?O) create a powerful paint remover...
Engineer Builds His Own X-Ray After Hospital Charges Him $69K
Researchers create 2D nanomaterials with up to nine metals for extreme conditions
The Evolution of Electric Motors: From Bulky to Lightweight, Efficient Powerhouses
3D-Printing 'Glue Gun' Can Repair Bone Fractures During Surgery Filling-in the Gaps Around..
Kevlar-like EV battery material dissolves after use to recycle itself
Laser connects plane and satellite in breakthrough air-to-space link
Lucid Motors' World-Leading Electric Powertrain Breakdown with Emad Dlala and Eric Bach
Murder, UFOs & Antigravity Tech -- What's Really Happening at Huntsville, Alabama's Space Po
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.