Related News

A SK Hynix Inc. 12-layer HBM3E memory chip displayed at the Semiconductor Exhibition in Seoul, South Korea. Bloomberg | Bloomberg | Getty Images Chip stocks bounced on Monday, clawing back

Jaque Silva | Nurphoto | Getty Images Charlie Kawwas, president of the semiconductor solutions group at Broadcom, on Monday suggested that OpenAI is not the mystery $10 billion customer that

Isro opens XPoSat observatory to Indian scientists BENGALURU: Isro on Monday announced the first Announcement of Opportunity (AO) cycle for its X-ray Polarimeter Satellite (XPoSat), inviting Indian scientists and researchers

A Xiaomi electric car SU7 in a store in Yichang, Hubei Province, China on July 19, 2025. Cfoto | Future Publishing | Getty Images Chinese tech giant Xiaomi saw its

For the first time in history, scientists have captured an image of two black holes orbiting each other, confirming a long-held astronomical theory. Researchers from the University of Turku in

FILE PHOTO: Ariel Cohen during a panel at DLD Munich Conference 2020, Europe’s big innovation conference, Alte Kongresshalle, Munich. Picture Alliance for DLD | Hubert Burda Media | AP Navan,

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

FAA clears SpaceX for Starship test flight after explosion in January

Word Count: 482 | Estimated Reading Time: 3 minutes


SpaceX’s Super Heavy booster is seen on the launch pad, without the Starship atop, as it is prepared for launch from the company’s Boca Chica launchpad on an uncrewed test flight, near Brownsville, Texas, U.S. Feb. 27, 2025.

Joe Skipper | Reuters

Elon Musk’s SpaceX has attained authorization from the Federal Aviation Administration to fly its massive Starship rocket once again, the space regulator announced Friday.

The Starship rocket broke up during the company’s seventh test flight in January. The explosion caused debris to rain down over Turks and Caicos, and forced several commercial flights to be diverted or delayed, CNBC previously reported.

The FAA granted the modified license to SpaceX, which has a $350 billion private market valuation, even though the company has yet to complete its mishap investigation, required after the January explosion. The space regulator has previously authorized flights by companies including SpaceX and Rocket Lab while mishap investigations were still underway, a spokesperson told CNBC by email.

Last year, the FAA fined SpaceX $633,009 in civil penalties for what it alleged were safety and procedural violations in the lead-up to two 2023 launches. SpaceX was also fined by the Environmental Protection Agency for polluting waters in Texas in violation of the Clean Water Act.

After those fines, Musk threatened to sue the FAA for “regulatory overreach” but never filed a complaint.

Musk, the world’s wealthiest person, contributed nearly $300 million to help propel President Donald Trump back to the White House, and is now a central figure in the administration.

Musk, who is also CEO of Tesla and the owner of social media company X, leads the so-called Department of Government Efficiency, or DOGE, which is implementing draconian staffing and budget cuts across the federal government, and targeting regulatory agencies that oversee Musk’s businesses.

Orange balls of light fly across the sky as debris from a SpaceX rocket launched in Texas is spotted over Turks and Caicos Islands on Jan. 16, 2025.

Marcus Haworth@marcusahaworth | Marcus Haworth Via Reuters

The role has afforded Musk and his DOGE staffers unprecedented access to federal computer systems and data including within the FAA. SpaceX has been selected to help overhaul the FAA’s air traffic control system, Trump’s Transportation Secretary Sean Duffy previously announced.

Senators Adam Schiff, D-Calif., and Tammy Duckworth, D-Ill., sent a letter on Friday to FAA’s acting administrator Chris Rocheleau, raising concerns about conflicts of interest.

SpaceX did not respond to CNBC’s request for comment.

Starship, the tallest and most powerful rocket ever launched, is critical to SpaceX’s ambitions. When it is stacked on the Super Heavy booster, Starship stands 403 feet tall and is about 30 feet in diameter. SpaceX has flown the full Starship rocket system on seven spaceflight tests so far since April 2023.

The company wrote in a social media post that it aims to conduct its eighth Starship test flight as soon as Monday, March 3.

Don’t miss these insights from CNBC PRO

How SpaceX, Tesla, xAI and X may benefit from Elon Musk's position as head of government efficiency



Source link

Most Popular Articles