The announcement put to rest a week of feverish speculation. Tesla CEO Elon Musk hinted about the news last week with a tweet that said, “About time to unveil the D and something else.”
California is one of five states bidding for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars.
SpaceX is one of several private companies competing to build “space taxis” for NASA to replace the retired space shuttle fleet.
Buzz Aldrin and Elon Musk are two of the many movers and shakers who will be at the 33rd Annual International Space Development Conference in Los Angeles.
But CEO Elon Musk said the state remains in the “improbable” category for winning the plant because of the time it will take to win regulatory approval.
Billionaire entrepreneur Elon Musk urged the public to polish sketch plans he released last week for a “Hyperloop” that would shoot capsules full of people at the speed of sound through elevated tubes connecting Los Angeles and San Francisco.
Twice as fast as an airplane, cheaper than a bullet train and completely self-powered: that’s the mysterious transportation system that inventor and entrepreneur Elon Musk is promising to reveal design plans for Monday.
The SpaceX Dragon spacecraft is back on Earth.
SpaceX says it will launch a Thai telecommunications satellite into orbit aboard its Falcon 9 rocket.