SPACEX

Electric carmaker Tesla Motors said on Wednesday it does not expect the contentious divorce of its chief executive, Elon Musk, to affect its plans to list its shares and does not rely on him to provide further funding.

The U.S. space agency on Tuesday awarded $50 million in grants to five private firms in a first step to implement President Barack Obama's vision of turning over space transportation to the commercial sector.

NASA will get nearly $6 billion to encourage private companies to launch their own spacecraft according to the US President's new budget proposed today

Sometime in the next six years, astronauts bound for the International Space Station may find themselves strapped inside a private commercial spacecraft known as Dragon.

Tesla Motors Chief Executive Elon Musk said on Tuesday that he will remain in the company's top job at least through the 2011 launch of its second model, an electric sedan known as the Model S.

Long-haul trips could be made in spaceships instead of planes in 20 years' time if Virgin's efforts to commercialize space travel succeed, the president of Virgin Galactic told Reuters in an interview.