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Elon Musk offers for SpaceX to make NASA’s next-gen spacesuits

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Elon Musk has offered for SpaceX to help NASA create its next-generation spacesuits after a watchdog said the program will cost over $1 billion

SpaceX CEO Elon Musk offered for his company to help NASA create its new high-tech spacesuits, or ‘Extravehicular Mobility Units‘.

NASA’s current goal is to produce two flight-ready spacesuits by November 2024. However, the company’s Inspector General found that “the Agency faces significant challenges in meeting this goal”.

“The delays in spacesuit development will prelude a 2024 moon landing”.

This comes after a string of events which which had already forced NASA to delay its upcoming Artemis III lunar landing for 20 months, to November 2024.

The Inspector General says reasons for delay includes “reduced funding for spacesuit development in FY 2021, COVID-19 impacts, and ongoing technical issues.”

“Given the integration requirements, the suits would not be ready for flight until
April 2025 at the earliest.”

NASA’s spacesuit development from 2008 through 2021

“NASA will spend over $1 billion before the first two next-generation spacesuits are ready for flight”

By the time two flight-ready spacesuits are available, NASA will have spent over a
billion dollars on their development and assembly.

Since 2007, NASA has spent over $420 million on spacesuit development. It plans to spend an additional $625 million.

Even despite the extra cash, NASA’s inspector general found that the spacesuits will “not be ready for flight until April 2025 at the earliest.”

Currently, NASA astronauts use spacesuits which were designed 45 years ago for the Space Shuttle Program.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Is GenerativeAI transforming education?

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Educators today are facing an uphill battle, so what’s the solution?

Today’s educators are passionate, but they’re up against diverse classrooms and outdated teaching methods.

In this episode, Trevor Furness, Chief Revenue Officer of Octopus B-I discuss their efforts to transform education. #funding futures

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How AI is leveraging Amazon’s fast production

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Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates.

Amazon reported better-than-expected results for the last quarter, surpassing analysts’ estimates, driven by strong performance in its cloud computing and AI.

Ticker’s Ahron Young & Veronica Dudo discuss.

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Tech

Tesla is slashing prices to stay competitive

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Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles by $2,000 each, days after the first-quarter deliveries of the world’s most valuable automaker missed market expectations.

Elon Musk’s electric-vehicle (EV) maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, according to its website.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.
Tesla North America also said in a post on X said it would end its referral program benefits in all markets after April 30.

Referral program allows buyers to get extra incentives through referrals from existing customers, a strategy long used by traditional automakers to boost sales.

Musk has postponed a planned trip to India where he was to meet Prime Minister Narendra Modi and announce plans to enter the South Asian market, Reuters reported on Saturday.
On Monday Reuters reported, citing an internal memo, that the EV maker was laying off more than 10% of its global workforce.
Earlier this month Reuters reported the EV maker had canceled a long-promised inexpensive car, expected to cost $25,000, that investors had been counting on to drive mass-market growth.
The EV maker reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years, as price cuts failed to stir demand.

Tesla is to report first-quarter earnings on Tuesday.

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