Connect with us

Business

Musk’s SpaceX targeting to launch 52 missions this year, says report

Published

on

Musk’s SpaceX targeting to launch 52 missions this year, says report

SpaceX, the private rocket company owned by Elon Musk, plans to launch 52 missions in 2022, NASA security team has revealed.

The private company is targeting an “ambitious 52-launch list” in 2022, according to CNBC at a meeting of NASA’s main agency oversight committee panelist Sandra Magnus.

“NASA and SpaceX must be vigilant in 2022 lest they fall victim to success,” Magnus said at the conference.

“Over the course of the year, SpaceX has an ambitious list of 52 launches. That’s an incredible pace.”

Advertisement

SpaceX successfully completed 31 launches in 2021, breaking its 2020 record of 26.

Musk said the company was trying to achieve 48 launches in 2021, but only hit 31.

Additionally, 1,469 Starlink satellites are currently active, 272 of which are currently in operational orbit.

In July 2021, Musk said that laser links in orbit could reduce long-distance latency by as much as 50 percent due to the higher speed of light in a vacuum and shorter paths than undersea fiber optics.

Advertisement

A recent report said SpaceX’s satellite internet division now has more than 1,45,000 users in 25 countries around the world.

Since the service began in October 2020, SpaceX has added about 11,000 monthly users through November 2021.

Complete News Source : Business Standard

Advertisement

india

Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

Published

on

By

Oppn seeks probe into Adani charges in US: ‘Obvious protection of PM Modi’

Following US SEC charges of bribery against Gautam Adani, opposition parties criticise PM Narendra Modi and call for a JPC investigation.

As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group.

Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to secure favourable terms for solar energy contracts. The scheme, prosecutors said, could have earned Adani’s group over $25 billion in profits.

Congress demands JPC probe

Reacting to the charges, the Congress called for a Joint Parliamentary Committee (JPC) probe into alleged scams involving Adani’s conglomerate. The party also demanded the appointment of a “new and credible” Sebi chief to investigate Adani’s financial dealings and compliance with securities laws.

Advertisement

ALSO READ- At 65.2%, Maharashtra records highest voter turnout since 1995 assembly election

Congress leader Jairam Ramesh said the US Securities and Exchange Commission’s (SEC) actions highlight the failure of Indian institutions to investigate the group. “The indictment vindicates Congress’s demand since January 2023 for a JPC into the Modani scams,” Ramesh wrote on X.

He accused Prime Minister Narendra Modi of shielding Adani and claimed Congress’s “Hum Adani Ke Hain Kaun” (HAHK) series had exposed the businessman’s alleged fraud and his ties with the PM.

The fact that it has taken a foreign jurisdiction to properly investigate Adani only shows how Indian institutions have been captured by the BJP, and how decades of institutional development have been undone by greedy and power hungry leaders, the Congress leader said in another post.

Advertisement

“All of this is consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the Prime Minister,” Ramesh charged.

Other Oppn leaders join attack

Other opposition leaders joined the attack. Trinamool Congress MP Saket Gokhale questioned the BJP’s involvement in Adani’s dealings and demanded an independent judicial probe.

Aam Aadmi Party leader Sanjay Singh accused PM Modi of allowing Adani to tarnish India’s global reputation.

ALSO READ- Adani Group shares plunge after US SEC charges, Adani Green down 16%

Advertisement

Adani stocks latest updates

The allegations rattled markets, with Adani Group stocks plunging. Adani Enterprises fell 20 per cent in pre-open trade, while shares of Adani Ports, Adani Green, Adani Power, and others dropped between 7 per cent and 18 per cent.

Group Media Publications
Entertainment News Platforms – anyflix.in      
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/

Continue Reading
Anyskill-ads

Facebook

Trending