Elon Musk gets an apology from California regulators as a SpaceX lawsuit is settled

LOS ANGELES — California regulators apologized to SpaceX CEO Elon Musk this week as they settled a lawsuit that claimed a state agency showed political bias against the rocket company and its chief executive. As part of the settlement, the California Coastal Commission acknowledged its members made “improper” statements about Musk’s political beliefs at a … Read more

SpaceX launches high-power ViaSat internet satellite in rare flight of Falcon Heavy rocket

A triple-core SpaceX Falcon Heavy, the company’s most powerful operational rocket, blasted off from Florida Wednesday, boosting a ViaSat internet satellite into space, the company’s third in a globe-spanning fleet of high-speed broadband relay stations. Along with putting the ViaSat-3 satellite into its planned preliminary orbit, the rocket’s two side boosters, heralded by competing sonic … Read more

Elon Musk’s SpaceX files confidential initial public offering, reports say

Billionaire Elon Musk’s SpaceX has confidentially filed for an initial public offering in what could be the largest stock market debut ever, according to Bloomberg and the Wall Street Journal. The space exploration company submitted a draft IPO filing to the Securities and Exchange Commission that puts it on track for a June listing, the news outlets reported, … Read more