Tag: SpaceX
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Ontario Teachers’ SpaceX Bet Could Turn C$300 Million Into an $11.6 Billion Fortune
The pension fund’s first innovation investment may become one of the greatest institutional venture-capital trades in Canadian history In June 2019, the Ontario Teachers’ Pension Plan made a decision that now looks remarkably prescient. The pension manager invested approximately US$220 million—about C$300 million—in Elon Musk’s SpaceX. It was the inaugural investment for the newly created…
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SpaceX Launches Two U.S. Astronauts into Orbit Aboard Crew Dragon Capsule
National Space Society Lauds Groundbreaking Launch of a Crewed Commercial Spacecraft from U.S. Soil WASHINGTON, D.C., USA, May 30, 2020 /EINPresswire.com/ — The National Space Society applauds the successful launch of two Americans to the International Space Station—the first from American soil in nearly a decade—today aboard a SpaceX rocket. NASA astronauts Doug Hurley and…
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Is Tesla Motors CEO Elon Musk a Hero?
Q: Is Elon Musk a hero? The mind behind Tesla Motors (TSLA), SolarCity (SCTY), and SpaceX — founded in 2002 by Tesla Motors and not yet public — certainly is to early investors. Will he be their hero tomorrow? A: It’s unlikely. Musk has done a brilliant job as stock promoter. The rest is still…