Author: Michael Sheetz

CNBC: Starlink May Not IPO for 3 to 4 Years
Elon Musk last week told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, CNBC has learned, extending the estimated timeline...
Finance
CNBC Report: SpaceX Valuation Hits $100 Billion
The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and existing investors...
Finance
CNBC Report: DOJ Investigates SpaceX Over Hiring Complaint
The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents...
Finance
SpaceX headquarters in Hawthorne, California. Photo: Pixabay.
CNBC Report: Blue Origin COO to Leave Company
The chief operating officer of Jeff Bezos’ private space company Blue Origin is leaving, the company confirmed to CNBC on Wednesday. Blue Origin CEO Bob Smith wrote in an email to the...
Finance