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Billionaire settles lawsuit against US Air Force over launch services

Published Mon, Jan 26, 2015 · 09:50 PM
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San Francisco

BILLIONAIRE Elon Musk's decision to settle a lawsuit against the US Air Force means his closely held SpaceX will miss out on one key goal - getting a shot at 36 military rocket launches - while making progress in the hunt for future contracts.

Mr Musk's Space Exploration Technologies Corp agreed on Jan 23 to drop a protest against the Air Force's "block buy" contract awarded t…

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