Musk's fortune rose $6.1 billion Friday after Tesla's stock surged 11%. He is the latest tech entrepreneur to rise above Buffett in the ranks of the world’s richest.
With the liftoff, SpaceX became the first private company to launch people into orbit, a feat achieved previously by only three governments: the US, Russia and China.
The mission, the first of such in a commercially developed spacecraft, is the final major test of SpaceX’s human flight system before it can be certified to fly crews into space.
Musk, who claimed the panic around Covid was dumb, has been furious about the lockdown, and threatened to move the company’s headquarters to Nevada or Texas.
Once acquired by IAF, the medium transport aircraft (MTA) will replace both AN-32s and IL-76s, it is learnt. The idea behind the revamp is to meet modern operational needs.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
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