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Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

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'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032

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Costco CEO Ron Vachris rose from forklift driver to the C-suite without a college degree: ‘Don’t chase a title’ is the career advice that got him there
LeadershipSatellites

Musk says SpaceX will make a formal satellite announcement soon

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
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November 11, 2014, 11:00 AM ET
Courtesy of SpaceX

Tesla and SpaceX founder Elon Musk has taken to Twitter to announce out-of-this-world plans for his aerospace company.

Last night, Musk tweeter the following about plans for SpaceX:

SpaceX is still in the early stages of developing advanced micro-satellites operating in large formations. Announcement in 2 to 3 months.

— Elon Musk (@elonmusk) November 11, 2014

The tweet was in response to a story in the Wall Street Journal this weekend reporting that Musk was working with Greg Wyler, a former Google (GOOG) executive with substantial experience with satellites, on the project. The story said Musk wants to launch 700 satellites weighing less than 250 pounds each, substantially smaller than most communications satellites.

Musk doesn’t want anyone to think he is confirming the Journal’s story, though:

https://twitter.com/elonmusk/status/532031442650681344

This is the second time in the past few weeks Musk has gotten into a Twitter (TWTR) spat with the Journal. Late last month, he clashed with the paper over reports that Tesla (TSLA), his electric car company, was seeing sales decline.

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