Elon Musk to Receive Howard Hughes Award

Elon Musk (Credit: SpaceX)
Elon Musk (Credit: SpaceX)

LOS ANGELES (Aero Club PR) — Elon Musk, Chief Executive and Chief Technology Officer of SpaceX, the Hawthorne-based company which makes and launches advanced rockets and spacecraft, has been selected to receive the 2014 Howard Hughes Memorial Award by the Aero Club of Southern California.

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What’s It Like to Work for Elon Musk?

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Elon Musk (Credit: SpaceX)

Quora.com has some interesting input from Space.com and Tesla employees on what it’s like to work for Elon Musk. From the responses, it sounds awesome, challenging, demanding, inspiring and all measures of other superlatives. And it’s clearly not for everyone.

There’s one anonymous entry from one SpaceX employee who while professing to love the company and his job, nonetheless delves into some of the darker aspects of working for Musk:

Everything that’s been said is certainly true. SpaceX really is awesome. What’s been said is just one part of what it’s like to work with Elon Musk so I’ll discuss the side that you won’t often hear.

If you want a family or hobbies or to see any other aspect of life other than the boundaries of your cubicle, SpaceX is not for you and Elon doesn’t seem to give a damn.

This side of what it’s like to work with Elon shows that no one likes working with Elon. You can always tell when someone’s left an Elon meeting: they’re defeated. These are some of the hardest working and brightest people in the world, mind you. And they are universally defeated. At least in engineering, who knows what HR and finance does.
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Elon Musk to Receive Edison Award

elon_musk_control_panelPALOS PARK, IL (Edison Awards PR) — The Edison Awards announced that Elon Musk, CEO and product architect of Tesla Motors and the CEO/CTO of Space Exploration Technologies (SpaceX), will be honored for his continuous contribution to human-centered design, as well as his positive influence on creating entirely new market opportunities and inspiring future leaders and innovators worldwide. The Edison Awards Ceremony will be held on April 29-30, 2014 at the Julia Morgan Ballroom in San Francisco, California.

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The Impact of SpaceX on Telsa Motors

Via Wired: Tesla Motors is challenging the giants of the global auto industry with all-electric cars—and a new approach to building them. Take a look at their assembly lines, and the philosophy behind them.

California Dreaming: Space News From the Golden State

SpaceShipTwo in flight on Dec. 19, 2012. (Credit: Virgin Galactic)
SpaceShipTwo in flight on Dec. 19, 2012. (Credit: Virgin Galactic)

MOJAVE

WhiteKnightTwo and SpaceShipTwo reportedly went out flying on Monday. It did not appear to be a glide test. But, this probably means that one is coming fairly soon. I’m guessing later this week. The first glide flight took place just before Christmas, more than three months ago. (UPDATE: The duo were out flying again on Tuesday in another captive carry.)

This would be the second of three planned glide tests with the engine installed before powered flights begin. There’s a rumor of the first powered flight occurring in about three weeks’ time, but that remains unconfirmed.

As a sign of how busy things are, Scaled had an engine out on the test stand on Saturday. It’s not known if they fired up the engine, but it is clear that the Easter holiday provided no rest for the weary. (UPDATE:  The engine was indeed fired on Saturday.)

Meanwhile, Virgin Galactic was out on a separate test stand doing brief firings of an engine last week. I don’t know for sure, but my best guess that it is a liquid engine designed to power LauncherOne and SpaceShipTwo.

HAWTHORNE

On Sunday, SpaceX CEO Elon Musk announced that his electric car company, Tesla Motors, had its first profitable quarter. He also hinted at bigger news coming on Tuesday.

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We’ll have to see just how important it is in the morning.

Video: TED Talk By Elon Musk

Video Caption: Entrepreneur Elon Musk is a man with many plans. The founder of PayPal, Tesla Motors and SpaceX sits down with TED curator Chris Anderson to share details about his visionary projects, which include a mass-marketed electric car, a solar energy leasing company and a fully reusable rocket.

Not Many Billionaires Focused on Commercial Space

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Richard Branson and then-Gov. Bill Richardson. (Credit: Douglas Messier)

By Douglas Messier
Parabolic Arc Managing Editor

Forbes has released its annual list of the world’s billionaires. There are a record 1,426 individuals with an aggregate net worth of $5.4 trillion in the world. The table below shows the tiny handful of this group — nine individuals — who are currently or have been previously involved in space projects.

RankNameNet Worth (Billions)AgeNationalityCompany/
Business
Space Project(s)

19

Jeff Bezos$25.249AmericanAmazon.com CEO, FounderBlue Origin

20

Larry Page$23.039AmericanGoogle CEO, Co-founderGoogle Lunar X Prize, Planetary Resources
21Sergey Brin$22.839AmericanGoogle Co-founderGoogle Lunar X Prize
53Paul Allen$15.060AmericanMicrosoft Co-founderStratolaunch, SpaceShipOne
SETI array
138Eric Schmidt$8.257AmericanGoogle ChairmanGoogle Lunar X Prize, Planetary Resources
272Richard Branson$4.662BritishVirgin Group CEO, FounderVirgin Galactic
527Elon Musk$2.741AmericanPayPal, Tesla Motors, Solar CitySpaceX
831Guy Laliberte$1.853CanadianCirque du SoleilSpace tourist
1031H. Ross Perot, Jr.$1.454Americancomputer services, real estatePlanetary Resources

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NASA, Tesla Motors and Red Bull Stratos Make PopSci Best of What’s New List


Four NASA projects, an electric car produced by Elon Musk’s Tesla Motors, and the pressure suit worn by Felix Baumgartner during his record skydiving jump have all made Popular Science‘s Best of What’s New 2012 list.

The following project were recognized in the Aerospace category:

  • Mars Curiosity Sky Crane » Read
  • NASA Gravity Recovery And Interior Laboratory (GRAIL) » Read
  • NASA PhoneSat  » Read
  • NASA Jet Propulsion Laboratory Asteroid Anchors » Read
  • Red Bull Stratos Pressure Suit » Read

The Tesla Model S sedan won the Grand Prize in the Auto category. The magazine described the electric vehicle in a press release:

The Tesla Model S sets the standard by which all future electronic vehicles will be measured. It is faster than any other street-legal electric vehicle, with a motor that generates a peak 416 horsepower. The family-size sedan can dart from 0 to 60 in 4.4 seconds and has a top speed of 130 mph. The Tesla Model S can also drive farther on a charge than any other electric car—up to 300 miles on the optional 85-kilowatt-hour battery.

Tesla’s sedan also captured Motor Trend’s Car of the Year honors this week.

A NASA press release about PhoneSat, in which a smart phone was used to power a satellite, follows after the break.

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Musk, JPL Honored With Innovation Awards

Elon Musk (Credit: SpaceX)

Congratulations to SpaceX Founder Elon Musk and the Jet Propulsion Laboratory, whom Popular Mechanics has honored with 2012 Breakthrough Awards.

Musk was honored with the Leadership Award for his work in space and on electric automobiles. The magazine wrote:

Elon Musk, the man, has every reason to be nervous. At 41, the South African-born billionaire has staked his fortune on businesses that could reshape the future—or implode spectacularly. After creating and selling the Internet payment system PayPal, Musk turned his attention to industries he felt could enhance humanity’s potential: electric cars and affordable spaceflight.

Read an account of Musk’s innovative approaches to business here. The magazine’s editors also sat down with Musk for an interview here.

JPL was honored with the Mechanical Lifetime Achievement Award for the Voyager 1 and 2 space probes, which were launched in 1977. The spacecraft explored the outer planets before heading for interstellar space. The magazine wrote:

Thirty-five years later, both probes are still sending back data, and within the next couple of years Voyager 1 and Voyager 2 will exit the farthest bounds of the solar system. Ed Stone, who has been JPL’s project scientist for the Voyager program for four decades, is awed by the prospect of the probes entering interstellar space. “We have an object made by the human race that’s traveling between the stars,” he says. “It’s not science fiction anymore. It’s real.”

Congratulations to Musk, JPL and all the other winners. Check out the magazines full coverage here.

Musk Looks at SpaceX IPO in 2013, Holding Company with Tesla

SpaceX CEO Elon Musk and NASA Administrator Charles Bolden in front of the Dragon capsule. (Credit: NASA)

Bloomberg reports on a possibility with big implications for SpaceX and Tesla Motors:

Elon Musk, co-founder of Tesla Motors Inc. (TSLA) and founder of Space Exploration Technologies Corp., said he’s interested in creating a holding company for shares of his electric car and rocket launch businesses.

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SpaceX’s Elon Musk to Receive Navigator Award

SpacX Founder Elon Musk

POTOMAC INSTITUTE PRESS RELEASE

The Potomac Institute for Policy Studies (www.potomacinstitute.org) is pleased to announce that Elon Musk, CEO and Product Architect of Tesla Motors and CEO/CTO of Space Exploration Technologies (SpaceX), will be a Potomac Institute for Policy Studies Navigator Award winner for 2010. Mr. Musk and fellow awardees will be presented with the award at a banquet at the Willard Hotel, Washington, DC, on October 21.

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Elon Musk’s Tesla Motors Files for $178 Million IPO

Tesla Motors files for $178 million public offering
Market Watch

Electric car maker Tesla Motors Inc. filed documents Tuesday for an initial public offering of stock that could net nearly $180 million.

In addition, Tesla plans to sell $50 million of its stock to Toyota Motor Corp. immediately following the IPO. Tesla recently agreed to buy Toyota’s Fremont, Calif. manufacturing facility for $42 million, while receiving an investment from the Japanese auto maker as part of a broader partnership.

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Tesla Motors Files for IPO

SpaceX CEO Elon Musk’s other major venture, Tesla Motors, filed for an IPO last week in order to become a public company. The California-based electric car company has sold 937 of its Roadsters sports cars worldwide. The company, which has lost $128.2 million since its incorporation in 2003, plans to introduce a Model S sedan in 2012.

For those interested in an overview of Telsa’s plans, the relevant section from the registration statement is reproduced after the break.

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Abu Dhabi’s Aabar Owns Part of Virgin Galactic, Tesla Motors

Sir Richard Branson with Virgin Galactic pilots, staffers and investors. To his right is Mohamed Badawy Al-Husseiny, CEO of Aabar, which made a $280 million in Virgin Galactic.
Sir Richard Branson with Virgin Galactic pilots, staffers and investors. To his right is Mohamed Badawy Al-Husseiny, CEO of Aabar, which made a $280 million in Virgin Galactic.

There’s an interesting story in The National about how Aabar Investments – a company backed by the Abu Dhabi government – has transformed itself from a small energy firm into a high-tech powerhouse with investments in Richard Branson’s Virgin Galactic (32 percent) and Elon Musk’s Tesla Motors (4 percent).

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