Search
+
    SEARCHED FOR:

    BOCA CHICA

    Musk's $445 million midterm bet goes awry. Is his political influence at risk?

    Elon Musk's $445 million spending spree on Republican candidates yielded limited results in the US midterms, with most of those he backed losing. As Democrats gain control, Musk faces potential congressional investigations, calls for campaign finance reforms and greater scrutiny of his companies, government contracts and political influence.

    Elon Musk's business empire braces for Democratic wave as Texas flips blue

    Elon Musk's nearly $500 million campaign to support Republicans failed as Democrats reclaimed both chambers of Congress and flipped Texas' governorship. The results could expose his businesses, including SpaceX and Tesla, to greater congressional scrutiny, tighter data-centre regulations and potential hurdles for expansion plans under incoming Texas Governor Gina Hinojosa.

    Tesla stock price today: Why TSLA falls as Democrats’ midterm election win puts Elon Musk’s AI data center plans at risk

    Tesla stock (TSLA) fell as Democrats’ midterm victories raised concerns about AI data center expansion, particularly in Texas. Analyst Dan Ives warned that political hurdles could slow planned projects, while Elon Musk floated the idea of space-based data centers as investors weighed the outlook for his AI ambitions.

    Elon Musk becomes world's first trillionaire, but lives in a 20x20-foot home with an almost empty fridge

    Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial status.

    US FAA approves license modifications for SpaceX Starship Flight 9 mission

    The FAA has approved license modifications for SpaceX's Starship Flight 9, but launch is contingent on the closure of the Flight 8 investigation or a return to flight determination. This approval allows SpaceX to increase launches at Boca Chica, Texas, to 25.

    SpaceX’s Starbase gets the green light from voters: Elon Musk’s Texas dream city becomes reality

    Elon Musk Starbase City: Starbase, Texas, is now officially a city after residents of Boca Chica Village voted overwhelmingly in favour of incorporation. Driven by Elon Musk’s vision, the area—home to SpaceX’s rocket launch base—secured city status following a ballot where 212 voted for and 6 against. The newly formed city council, composed entirely of SpaceX staff, will oversee local governance. While supporters cite economic gains, critics voice concerns over environmental impact and public beach access as corporate power reshapes civic life in South Texas.

    • Elon Musk's Starbase on its way to becoming a Texas city after lopsided early voting results

      SpaceX's South Texas facility, poised to become the city of Starbase, anticipates near-certain approval from local voters, largely SpaceX employees. This move grants Musk greater control, potentially impacting beach access for launches, sparking concerns from critics. Proposed legislation aims to shift authority to the new city and increase launch frequency, met with environmental justice protests.

      Will SpaceX have its own city? South Texas votes on Elon Musk’s dream of ‘Starbase’

      South Texas residents will vote on making SpaceX's site an official city named Starbase. This move could grant Elon Musk greater control over the area. Concerns exist about beach access and local authority. SpaceX seeks more launches, requiring beach closures. Critics want the county to retain control. Protests are planned as the polls close.

      Home of Elon Musk's SpaceX could become an official Texas city called Starbase

      Elon Musk is close to turning SpaceX's South Texas base into a city called Starbase, likely winning a local vote dominated by company employees. While supporters tout economic and scientific benefits, critics fear loss of public beach access and excessive corporate control over local governance and state legislation.

      SpaceX gears up for another Starship launch with major mission milestones on the list

      SpaceX is preparing for another test flight of its massive Starship spacecraft from Boca Chica, Texas. The mission, scheduled for Monday, aims to advance key objectives, including booster recovery, payload deployment, and an orbital burn test. As SpaceX pushes forward with its goal of enabling deep-space travel, this launch will be a critical step in refining the Starship system for future crewed missions to the Moon and Mars.

      Musk country: Over 4400 acres of prime real estate worth $3.4 billion in Texas; this is what the world's richest man's properties look like

      Elon Musk, the world's richest man, has significantly expanded his real estate holdings in Texas, amassing over 4,400 acres valued at approximately $3.4 billion.

      SpaceX's Starship to deploy mock satellites in next test

      SpaceX, led by Elon Musk, announced that its upcoming Starship flight will showcase the rocket's initial attempt to deploy payloads by releasing 10 model Starlink satellites in space. This test is crucial for demonstrating Starship’s capabilities in the satellite launch market, as well as expanding SpaceX's Starlink network.

      World's richest man's Starbase dreams: Why Elon Musk’s vision goes beyond a typical city

      Elon Musk's SpaceX employees are driving efforts to establish "Starbase," a dedicated town in South Texas near its rocket launch site. With around 500 residents, mostly SpaceX workers and their families, the 1.5-square-mile proposed municipality aims to simplify governance and support the company’s growth. A petition filed with Cameron County seeks approval for incorporation, with Gunnar Milburn, SpaceX's security manager, proposed as its first mayor. The move has sparked local concerns about environmental impact and governance.

      Elon Musk wants to transform SpaceX's Starbase into a Texas city. But there's a hurdle

      Elon Musk said on social media platform X on Thursday that the SpaceX headquarters will now officially be in the city of Starbase, Texas. But the idea is not completely new. In 2021, Musk posted on social media, creating the city of Starbase, Texas, with no other context or follow-up.

      SpaceX's Starship rocket successfully launched in fifth test flight with new groundbreaking booster landing attempt

      SpaceX launched its giant Starship rocket from Texas on Sunday. This was the fifth test flight. The Super Heavy first stage booster lifted at 7:25 a.m. CT. It aims to bring the rocket’s booster back using robotic arms. The second stage rocket is bound for the Indian Ocean, attempting atmospheric reentry and a water landing. With a contract worth approximately $4 billion from NASA, Starship plays a vital role in the Artemis program, aiming to return humans to the Moon.

      Starship Rocket by SpaceX Reaches Space: Here Is Why the Rocket was Intentionally Destroyed Mid-Flight

      On Saturday, SpaceX initiated the second flight of its Starship rocket, marking new milestones in the development of this colossal vehicle led by Elon Musk's company. The liftoff occurred a few minutes past 8 a.m. ET from the Starbase facility located near Boca Chica, Texas.

      SpaceX Starship launch presumed failed minutes after reaching space

      The two-stage rocketship, blasted off from the Elon Musk-owned company's Starbase launch site near Boca Chica in Texas, on a planned 90-minute flight into space, but contact was lost roughly 10 minutes after lift-off, a company broadcaster said.

      SpaceX's Starship to remain grounded after explosion probe

      SpaceX's Starship, the most powerful rocket ever built, must remain grounded while Elon Musk's company completes dozens of corrective actions to prevent a repeat of the spectacular explosion that marred its first orbital test flight, regulators said Friday. In a statement, the company reiterated its position that the first test "was a critical step in advancing the capabilities of the most powerful launch system ever developed" and "provided numerous lessons learned that are directly contributing to several upgrades being made" to the vehicle and ground structures.

      SpaceX's Starship probe ends with 63 regulatory fixes

      The FAA, which regulates launch site safety and oversees company-led mishap investigations, closed its review on Thursday of SpaceX's investigation into the launch mishap, according to an FAA safety official's letter sent to SpaceX that day.

      US aviation launch safety regulator closes probe into SpaceX's April Starship test

      The FAA, which regulates launch site safety, closed its review on Thursday of SpaceX's technical investigation into the launch mishap, according to an FAA safety official's letter sent to SpaceX that day.

      US FAA sued by environmental groups over SpaceX Starship launch debris

      Environmental groups including the Center for Biological Diversity, American Bird Conservancy, Surfrider Foundation, Save RGV and the Carrizo/Comecrudo Nation of Texas, filed the lawsuit against the Elon Musk led SpaceX in a federal district court in Washington, D.C., on Monday.

      Musk says SpaceX Starship rocket launch slipping to later in April

      Elon Musk, CEO of SpaceX, said that the key Starship Super Heavy rocket launch test is likely to happen later this month, as opposed to earlier reports this week. The Starship rocket is scheduled to lift off from SpaceX's facilities in Boca Chica, Texas, marking the first launch of the fully stacked 394-foot tall rocket system. The FAA issued a revised notice stating that the launch could potentially occur on April 17. SpaceX is still awaiting regulatory approval and a launch license from the FAA.

      SpaceX ignites giant Starship rocket in crucial pad test

      Thirty-one of the 33 first-stage booster engines ignited simultaneously for about 10 seconds in south Texas. The team turned off one engine before sending the firing command and another engine shut down - "but still enough engines to reach orbit!" tweeted SpaceX's Elon Musk.

      SpaceX raises $1.68 billion through equity financing

      The fresh financing round, in which the company looked to raise $1.725 billion, was disclosed in securities filings on Monday and comes as SpaceX invests heavily in its Starship rocket development and Starlink broadband internet satellite constellation.

      SpaceX chief Elon Musk 'highly confident' his Starship will reach orbit this year

      Musk acknowledged difficulties SpaceX has faced in developing the "Raptor 2" engines for its Super Heavy rocket, a reusable next-generation launch booster designed to carry the Starship spacecraft to orbit. He cited problems with melting inside the thruster chambers of the engines from intense heat.

      Third time unlucky: SpaceX rocket explodes on ground after seemingly successful flight

      An unmanned SpaceX rocket exploded on the ground Wednesday after carrying out what had seemed to be a successful flight and landing. It was the third straight flub involving the prototype of the Starship rocket, which SpaceX hopes one day to send to Mars. The last two test flights ended in crashes.

      SpaceX prototype spacecraft blows up during pressure test

      A prototype for SpaceX's Starship super-rocket appeared to burst during a pressure test on its pad at the companys South Texas facility.As per report, Starship SN1 is a test article for SpaceX's planned Starship and Super Heavy megarocket, designed to fly deep-space missions to the moon, Mars and beyond.

      BASEBALL-ROUNDUP/:Baseball-Major League Baseball roundup

      People in Boca Chica Village hate Elon Musk and his Space-X launches

      The company began snapping up more land in the area, renaming roads, such as Rocket Road and Mars Crossing.

      Load More
    The Economic Times
    BACK TO TOP