1. Home
  2. >
  3. Business 💼
Posted

Pension fund sues Jeff Bezos and Amazon for not using Falcon 9 rockets

Amazon's decision to exclude SpaceX from its launch services for the Project Kuiper megaconstellation reveals the extent of Jeff Bezos' personal rivalry with Elon Musk, according to a lawsuit filed by shareholders.

arstechnica.com
Relevant topic timeline:
Main topic: SpaceX's expansion of its rideshare program to meet the demand for launches to mid-inclination orbits. Key points: 1. SpaceX is launching a new rideshare program called Bandwagon to accommodate the increasing demand for mid-inclination orbits. 2. Mid-inclination orbits are sought after by remote sensing companies, particularly in Asia and the Middle East. 3. SpaceX has already booked two Bandwagon missions for 2024 and two more for 2025, potentially posing a significant threat to other small launch providers. Elon Musk is the CEO and founder of SpaceX. He is known for his ambitious goals of advancing space exploration and making space more accessible.
The US government is suing Elon Musk's SpaceX over allegations of discrimination in hiring asylees and refugees, violating the Immigration and Nationality Act.
Billionaire Elon Musk hints at developing a competitor to LinkedIn, stating that the X competitor will be "cool."
Amazon and its board, including Jeff Bezos, are being sued by an institutional investor over the launch contracts awarded to Bezos' space company, Blue Origin, for Amazon's Project Kuiper mega-constellation.
Elon Musk withdrew a $1 billion loan from SpaceX at the same time he acquired Twitter for $44 billion, complicating his financial situation.
SpaceX's Starship rocket is ready for launch pending FAA approval, as CEO Elon Musk aims to use it to send humans and cargo to Mars, following modifications made to improve its design after the previous failed test flight.
Tech billionaire Elon Musk has faced criticism from Ukraine after it was revealed that he ordered his engineers to turn off his Starlink satellite network in order to prevent a Ukrainian drone attack on Russia’s naval fleet, a decision he made to avoid escalating tensions and potential nuclear conflict.
The biography "Elon Musk" by Walter Isaacson explores the life and achievements of the Tesla and SpaceX CEO, but fails to address controversial aspects such as his experiences with apartheid and allegations of discrimination, resulting in a one-sided portrayal of Musk as a visionary hero.
The dominance of Elon Musk's SpaceX in the rocket launch market raises concerns about monopolizing the industry and potentially hindering commercial prospects, according to Vikram Nidamaluri, Managing Director of Telecom, Media, and Entertainment at Lazard.
Elon Musk's new biography reveals that he was upset with Jeff Bezos for not inviting him to tour Blue Origin's factory after Bezos toured SpaceX, leading to an awkward dinner and a long-standing feud between the two billionaires in the space race.
Elon Musk, known for his leadership at Tesla and SpaceX, has a relentless drive for intensity and risk-taking, leading him to acquire Twitter and run multiple companies simultaneously.
The Senate Committee on Armed Services is planning to investigate Elon Musk over his decision to shut off access to SpaceX's Starlink in Crimea during the Russian invasion of Ukraine, questioning the extent of Musk's control over the use of his network and the potential national security risks posed by contractors independently discontinuing services.
Elon Musk refused to allow Ukraine to use SpaceX's Starlink satellite communications to launch a surprise drone submarine attack on Russian forces in Crimea, citing concerns of a nuclear response from Russia. This decision has drawn praise from Russian President Vladimir Putin and has prompted a Senate probe into Musk's actions. Additionally, Musk is set to meet with Israeli Prime Minister Benjamin Netanyahu to discuss artificial intelligence. However, Musk is also facing accusations of tolerating antisemitic messages on his social media platform.
Elon Musk's intense management style, which prioritizes total commitment and high expectations from employees, has been revealed in Walter Isaacson's new biography, prompting some former SpaceX staff members to share stories about the pressure they faced in meeting Musk's demands.