Categories texas

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President Trump reportedly has approved the Oracle deal for TikTok’s US operations

President Donald Trump said has has given his stamp of approval “in concept” on the Oracle bid for the U.S. operations of the wildly popular social media app, TikTok, according to a report from Bloomberg. According to the Bloomberg report Trump said, “I have given the deal my blessing,” as […]

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Elon Musk says Starship SN8 prototype will have a nosecone and attempt a 60,000-foot return flight

Elon Musk has shared some details about future testing of Starship, the SpaceX launch vehicle currently being developed by the company at its Boca Chica, Texas facility. Recently, SpaceX has completed short, 150 meter (just under 500 feet) test flights of two earlier Starship prototypes, SN5 and SN6 – and […]

As it adds Jeremy Milken to the partnership, Watertower Ventures nears $50 million close for its new fund

Derek Norton and Jeremy Milken have known each other for twenty years. Over their longtime personal and professional relationship, the two Los Angeles-based serial entrepreneurs have invested in each other’s companies and investment firms, but never worked together until now. Milken is taking the plunge into institutional investing, joining Norton […]

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SpaceX reveals plans for a Texas spaceport resort in new job ad

SpaceX has big plans for its Boca Chica, Texas site – where it’s currently building and testing Starship, the company’s next-generation passenger and cargo spacecraft. A new job posting spotted by CNBC’s Micheal Sheetz seeks a “Resort Development Manager” to be based out of Brownsville, the nearest neighboring town to […]

SpaceX successfully flies its Starship prototype to a height of around 500 feet

SpaceX has been developing Starship, its next-generation spacecraft, at its site in Boca Chica, Texas. The company has built a number of different Starship prototypes to date, include one prior version called the Starhopper that was essentially just the bottom portion of the rocket. Today, the company flew its first […]

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Max Q: SpaceX launches astronauts to orbit

This was a HUGE week in space: SpaceX flew its first-ever human spaceflight mission, with NASA astronauts Doug Hurley and Bob Behnken hopping a ride on a Crew Dragon to the International Space Station. It’s a milestone for commercial spaceflight, for the U.S. space program and for crewed exploration in […]

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SpaceX’s Starship SN4 launch vehicle prototype explodes after static engine fire test

SpaceX had just conducted yet another static fire test of the Raptor engine in its Starship SN4 prototype launch vehicle on Friday when the test vehicle exploded on the test stand in Boca Chica, Texas. This was the fourth static fire test of this engine on this prototype, so it’s […]

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SpaceX gets FAA permission to fly its Starship spacecraft prototype

SpaceX has received authorization from the Federal Aviation Administration (FAA) to fly suborbital missions with its Starship prototype spacecraft, paving the way for test flights at its Boca Chica, Texas site. SpaceX has been hard at work readying its latest Starship prototype for low-altitude, short-duration, controlled flight tests, and conducted […]

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Tesla sues Alameda County to force California factory reopening

Tesla filed a lawsuit Saturday against Alameda County in an effort to invalidate orders that have prevented the automaker from reopening its factory in Fremont, California. The lawsuit, which seeks injunctive and declaratory relief against Alameda County, was first reported by CNBC. The lawsuit was filed in U.S. District Court […]

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Elon Musk threatens to pull Tesla operations out of California and into Texas or Nevada

Tesla CEO Elon Musk said Saturday the company will file a lawsuit against Alameda County and threatened to move its headquarters and future programs to Texas or Nevada immediately, escalating a fight between the company and health officials over whether its factory in Fremont can reopen. Tesla had planned to […]