UFO Buster Radio News – 394: SpaceX, Musk and Open Lines

Manny/ July 10, 2020/ From Manny

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SpaceX’s first Starship flight (re)scheduled for next week
Link: https://www.teslarati.com/spacex-starship-first-flight-july-2020/

SpaceX’s fifth full-scale Starship prototype could become the first to take flight just a week or so from now if a Raptor engine test goes as planned early next week.

Known as Starship serial number 5 (SN5), SpaceX teams are currently in the process of completing the installation of Raptor SN27 and preparing the massive steel rocket for its first cryogenic wet dress rehearsal and static fire tests. Delayed from July 8th and 10th, Starship SN5’s first Raptor static fire is now scheduled no earlier than ~10 am CDT (~15:00 UTC) on Monday, July 13th.

If things go well during those nominally back-to-back tests, public road closure filings show that SpaceX wanted to attempt the first full-scale Starship hop just three days later, although the recent two-day delay adds a bit of uncertainty.

Elon Musk just became richer than Warren Buffett
Link: https://www.cnn.com/2020/07/10/business/elon-musk-warren-buffett-billionaires/index.html

(CNN)Tesla CEO Elon Musk just zoomed past Warren Buffett on the Bloomberg Billionaires Index to become the world’s seventh wealthiest person.

Musk’s fortune rose more than $6 billion Friday, according to Bloomberg, after Tesla’s stock surged 10.8% to a record $1,544 per share. Its market value stood at $286.5 billion.

Musk owns 20.8% of Tesla’s stock, making his stake worth just under $60 billion. Musk is also the primary shareholder of privately held SpaceX, as well as a privately held tunneling company.

Buffett’s fortune fell this week after he donated nearly $3 billion worth of Berkshire Hathaway stock to charity — part of his plan to give away most of his wealth to philanthropic ventures.

Tesla’s stock is up more than 500% over the past 12 months, exceeding the value of almost every company in the S&P 500. The electric car maker is the most valuable auto company on Earth.

The 49-year-old Musk could eventually become the world’s richest person — a spot currently held by Amazon CEO Jeff Bezos — based on a pay package that Tesla shareholders approved in 2018.

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