SpaceX’s Starship can deliver 1,000 times more payload compared to all rockets in the world, says CEO and Founder Elon Musk; even rockets from the company. Currently, the company has 41,000 tons to orbit in the third quarter of the year, and it is inferior to China’s record-breaking 45,000 tons. Techtimes
Startup
24 February, 2024
Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry