Michael Sheetz, CNBC

Michael Sheetz


Southern California, CA, United States

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Recent articles by Michael:

Boeing's Starliner capsule lands, completing a crucial step toward carrying NASA astronauts

Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wednesday, completing a crucial test flight in preparation to carry astronauts. → Read More

SpaceX's Starlink satellite internet surpasses 400,000 subscribers globally

Elon Musk's SpaceX told the FCC in a presentation last week that its Starlink satellite internet service now has more than 400,000 subscribers around the world. → Read More

Satellite imagery firms Maxar, Planet and BlackSky awarded 'billions of dollars' in government contracts

The National Reconnaissance Office announced contracts worth billions over the next decade to satellite imagery companies Maxar, Planet and BlackSky. → Read More

SpaceX president defends Elon Musk over sexual misconduct claims: 'I believe the allegations to be false'

SpaceX President and COO Gwynne Shotwell defended Elon Musk in an email to employees responding to sexual misconduct allegations directed at the CEO. → Read More

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company's valuation to about $127 billion. → Read More

The space industry is on its way to reach $1 trillion in revenue by 2040, Citi says

Citi expects the space industry to reach $1 trillion in annual revenue by 2040, with launch costs dropping 95% to unlock more services from orbit. → Read More

Boeing is trying again to launch its Starliner capsule to the space station — here's what's at stake

The launch comes nearly two and a half years after the company's first mission fell short. → Read More

Boeing considers redesigning problematic valve that has kept Starliner from flying NASA astronauts

Boeing is examining whether to redesign the propulsion valves on its Starliner crew capsule, a system has already kept the company from flying astronauts. → Read More

Citadel founder Ken Griffin wins Blue Origin spaceflight auction, donating two seats to NYC teachers

Ken Griffin, billionaire founder of hedge fund Citadel, placed the winning $8 million bid in an auction for a seat on a spaceflight with Bezos' Blue Origin. → Read More

Virgin Orbit is assembling a fleet of 747 jets to launch more rockets into space

Virgin Orbit is assembling a fleet of rocket-launching 747 jets, the company announced on Tuesday, ordering two new modified cargo airframes. → Read More

SpaceX splashes down NASA's Crew-3 mission, completing its sixth astronaut flight

SpaceX returned the astronauts of NASA's Crew-3 mission to Earth early on Friday morning. → Read More

Spirit CEO says he wonders whether JetBlue's bid was meant to block Frontier deal

In February, Spirit and Frontier announced plans to merge in what would create a massive discount airline, the fifth-largest carrier in the U.S. → Read More

SpaceX adds $25 monthly fee for users to temporarily change Starlink locations

Elon Musk's SpaceX rolled out a new $25 a month fee for its Starlink internet service called "portability," adding flexibility at a cost for users. → Read More

Rocket Lab CEO touts successful helicopter catch of rocket as key toward reusable goals

In making its boosters reusable, Rocket Lab would be able to launch more often while simultaneously decreasing the material cost of each mission. → Read More

NASA chief says competition is making space exploration cheaper, in dramatic shift on contracts

Nelson's emphasis on competition likely represents a boon for the growing swath of space companies looking to provide low-cost services to NASA → Read More

Watch Rocket Lab attempt to catch a rocket booster with a helicopter after launch

Space company Rocket Lab on Monday will attempt to catch the booster of its Electron rocket using a helicopter. → Read More

About 150,000 people are using SpaceX's Starlink internet service daily in Ukraine, government official says

Ukraine digital minister Mykhailo Fedorov says "rough data" about SpaceX's Starlink shows that about 150,000 people use the service in the country each day. → Read More

FAA delays environmental review of SpaceX's Starship launches from Texas for a fourth time

SpaceX needs a license from the FAA to conduct further Starship flight tests and begin operational launches from its private facility in Boca Chica, Texas. → Read More

SpaceX returns private Ax-1 astronaut crew to Earth after extended space station stay

SpaceX's Crew Dragon capsule Endeavour splashed down in the Atlantic Ocean, off the coast of Jacksonville, Florida, with the Ax-1 crew onboard. → Read More

SpaceX's Starlink to provide Wi-Fi on Hawaiian Airlines flights with free service for passengers

Hawaiian is the first major carrier to sign a deal for Wi-Fi from Elon Musk's SpaceX. → Read More