Shareholders Sue Amazon Over Alleged Failure to Consider SpaceX’s Falcon 9 Rocket for Satellite Constellation Amazon is facing a lawsuit from shareholders of a pension fund that holds Amazon stock. The lawsuit asserts that Amazon neglected to explore the potential of SpaceX and its Falcon 9 rocket for launching its satellite constellation. According to the …

Jet Airways Founder Naresh Goyal, 74, to Appear in Mumbai PMLA Court in Money Laundering Case Naresh Goyal, the 74-year-old founder of Jet Airways, is slated to appear before a special Prevention of Money Laundering Act (PMLA) court in Mumbai on Saturday. This legal proceeding is a consequence of a money laundering case rooted in …

Saudi Arabia Eyes Record $50 Billion Aramco Share Offering, Shaping Capital Market History In a groundbreaking move, Saudi Arabia is contemplating a monumental offering of $50 billion worth of Aramco shares, as reported by the Wall Street Journal. If realized, this offering would be an unprecedented event in the history of capital markets, surpassing the …

Globalstar’s $64 Million Deal with SpaceX for Satellite Launches and Apple’s Satellite-Based Emergency SOS Feature In a recent development, Globalstar has entered into a substantial agreement with SpaceX, worth a staggering $64 million. The intricate details of this arrangement were unveiled in an SEC (Securities and Exchange Commission) filing. The deal stipulates that payments will …

Chandrayaan-3’s Triumph Unconventional Motivation, South Pole Success, and a Lunar Love Story The remarkable success story of Chandrayaan-3, India’s lunar mission, not only involved cutting-edge technology but also a unique motivation strategy that captivated the hearts of its dedicated ISRO (Indian Space Research Organization) staff. Instead of relying solely on financial incentives, ISRO implemented an …