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Fortune

Eleanor Pringle

Elon Musk’s monopoly over the space race could ‘choke’ the sector if left unchecked, a Lazard investment banker has warned

Elon Musk Lazard SpaceX Jeff Bezos Amazon Blue Origin CNBC Starlink

Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. (Credit: Chesnot/Getty Images)

SpaceX rockets are soaring into the skies with ever-increasing frequency, and while it might be a boon for Elon Musk, not everyone's happy about it.

Over the past couple of years, interest in—and the untapped potential of—space has captured the attention of some of the biggest names in business: Musk, Jeff Bezos, Richard Branson and Andy Jassy to name a few.

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Top stories on inkl right now

Democrats upbeat as unpopular Trump imperils Republican midterm hopes

Democrats upbeat as unpopular Trump imperils Republican midterm hopes

Polls show GOP candidates trailing Democrats in Senate races, and Republicans also struggling in House contests

The Guardian - US

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Related Stories

Top stories on inkl right now

Democrats upbeat as unpopular Trump imperils Republican midterm hopes

Democrats upbeat as unpopular Trump imperils Republican midterm hopes

Polls show GOP candidates trailing Democrats in Senate races, and Republicans also struggling in House contests

The Guardian - US

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky Measles Cases Reach 94, the Highest Yearly Count Since 1991, as Christian County Climbs to 44

Kentucky's measles count hit 94 on Oct. 5, the most since 1991, with seven hospitalized. See which counties are affected and what families can do.

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

Trump says he will stop using taxpayer funds for self-promoting ads after backlash – US politics live

President claims commercials were ‘positive promotion for our Great USA’ but says he will now cover their cost

The Guardian - UK

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France earmarks a further €7m to help fight DRC's worst-ever Ebola crisis

France has decided to allocate an additional €7 million this year to combat the Ebola epidemic currently ravaging the Democratic Republic of the Congo (DRC). This comes as Kenya announced its first-ever death from the disease.

Radio France Internationale

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims' identities to fund 90-plus collector vehicles, prosecutors say.

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Trump suggests he would let Iran ‘take out’ Los Angeles or San Diego

Gavin Newsom calls comments ‘deranged and dangerous’ after president tells Nebraska rally: ‘They can take out a city’

The Guardian - UK

Our Picks

There's A Reason Taxi Cabs Are Almost Always Yellow

Yellow taxis are easy to spot in traffic, but the color's history goes far beyond simple visibility.

How ‘technoference’ can disrupt parent-child connections

Have you ever been telling someone a story when their phone lights up, and their eyes flicker toward their device?

The Conversation

Holding Lightning by Emily Lordi review – an intimate portrait of Whitney Houston

An empathetic biography of the the singer recasts her tumultuous later career as a triumph of self-expression

The Guardian - UK

Brian May says Queen are retiring from live tours: ‘Maybe 50 years is enough’

Rock guitarist suggested creating an interactive experience for fans similar to the ‘Abba Voyage’ show

The Independent UK

"Lanterns" finds its power in fear

To fulfill his destiny, John Stewart embraces what he was trained to reject — and so should we

Robert De Niro's canine secret leaves Wag the Dog co-star Woody Harrelson shocked

Woody Harrelson revealed his surprise at discovering that his Wag the Dog co-star Robert De Niro owns 18 dogs, two of which starred alongside him in his movie The Alto Knights.

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