Elon Musk Reminisces On How NASA Saved SpaceX Both 'Financially' And 'Emotionally'


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Tesla Inc (NASDAQ:TSLA) and SpaceX CEO Elon Musk proclaimed his love for NASA, or the National Aeronautics and Space Administration, on Twitter Wednesday.

What Happened: “I do love NASA, always have,” said Musk reacting to a post that contained an excerpt from a CBS 60 minutes interview with the journalist Scott Pelley dating back to 2012.

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In the interview, an emotional Musk told Pelley that when NASA called and informed him that SpaceX had won a $1.5 billion contract he just blurted out “I love you guys.” Musk said that NASA had saved him and SpaceX  “financially” and “emotionally.”

As of SpaceX’s latest round of funding in April 2021, the company is valued at $74 billion.

Why It Matters: On Tuesday, SpaceX rolled out the gigantic rocket booster the company will use to send its Starship vehicle into space.


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See Also: Tesla Cybertruck And SpaceX Starship To Use A New Alloy, Musk Reveals

Musk shared a short video of the super-heavy booster from his Twitter account as well as some photos.

Last month, NASA gave SpaceX a $178 million contract to launch a spacecraft to Jupiter’s moon Europa, as per Reuters. That mission will blast off in October 2024.

SpaceX operates the 23-story tall Falcon Heavy, currently the most powerful space launch vehicle. 

In the 2021 budget, NASA was permitted to consider commercial alternatives to its own Space Launch System.

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Photo: By JD Lasica on Wikimedia


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: NewsTechElon MuskNASASPACESpaceX