Elon Musk | KERA News

Elon Musk

Victoria Girgis was leading a public outreach session at the Lowell Observatory in Flagstaff, Ariz., when one of her guests noticed a string of lights moving high overhead.

"Occasionally, you'll see satellites, and they look kind of like shooting stars moving through the sky," Girgis says. "But this was a whole line of them all moving together."

Updated at 1:02 a.m. ET Sunday

Elon Musk, Tesla's chief executive, has reached a deal with the Securities and Exchange Commission to settle a securities fraud charge brought against him on Thursday, the agency announced on Saturday.

Under the terms of the settlement, Musk has agreed to step down as chairman of the Silicon Valley-based company, but will remain in his post as CEO.

Updated at 9:32 p.m. ET

The U.S. Securities and Exchange Commission is suing Tesla CEO Elon Musk, alleging securities fraud a month after he announced that he planned to take the publicly traded electric-car company private.

"Musk's false and misleading public statements and omissions caused significant confusion and disruption in the market for Tesla's stock and resulting harm to investors," the lawsuit says.

SpaceX / Facebook

A SpaceX rocket has launched 11 satellites into space – watch the launch in the videos below.