Categories Markets

VIDEO: Musk teases visuals of SpaceX’s Raptor engine in action

Late on Sunday, space travel enthusiasts were treated with multiple videos of SpaceX’s Raptor engine, which would be used in the space exploration firm’s Starship rocket to transport humans into Mars.

The visuals shared by SpaceX CEO Elon Musk on his Twitter profile shows the rocket engine spewing fire in full force, causing mild earth shake.

Musk, who is also the CEO of Tesla (TSLA) said in the tweet, “First firing of Starship Raptor flight engine! So proud of great work by @SpaceX team!!”

In the days leading to the firing tests, Musk had shared with his followers, images of the engine from the facility near Brownsville, Texas.

In September last year, Elon Musk had said that Japanese billionaire Yusaku Maezawa had purchased all the tickets to a lunar Starship mission in 2023. The latest set of videos reveal that SpaceX is not procrastinating with its aim to become the first to take tourists to the moon, and eventually to Mars.

In December, The Wall Street Journal reported that SpaceX is looking to raise $500 million through funding, lifting the rocket company’s valuation to $30.5 billion. The report added that this funding would be raised from the company’s existing shareholders and Baillie Gifford & Co, Tesla’s third-largest shareholder.

Firing of a different kind

However, not everything looks so rosy at the Hawthorne, California-based company, which, last month fired 10% of its workforce in order to make it a “lean company.” Around 600 employees are expected to have been affected.

 

We’re on Flipboard! Follow us to receive the latest stock market, earnings and financial news at your fingertips

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

One thought on “VIDEO: Musk teases visuals of SpaceX’s Raptor engine in action

Leave a Reply

Your email address will not be published. Required fields are marked *

Add Comment
Loading...

Cancel
Viewing Highlight
Loading...
Highlight
Close
Top