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SpaceX
Goldman books $450M charity charge from SpaceX windfall
Goldman Sachs booked about $450 million in charitable contributions in the third quarter. The bank paid for the donations with part of the money its wealthy clients made from SpaceX's record initial public offering. Goldman said the expense cut diluted…
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Musk loses trillionaire status again as SpaceX shares fall
Elon Musk fell below the trillion-dollar mark again on Tuesday, October 13. Forbes said a drop in SpaceX shares soon after the market opened cut about $26.3 billion from his fortune, only four days after he had climbed back above…
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Broadcom, SpaceX AI chip debt plans add to bond stress
Big technology companies want to borrow tens of billions of dollars to buy artificial intelligence chips, and that is adding pressure to a bond market already under strain. Investors say the wave of corporate debt is competing with government bonds…
Musk becomes trillionaire again as SpaceX shares surge
Elon Musk is a trillionaire again. SpaceX shares had their highest close since June on Monday after Morgan Stanley called the stock cheap. Bloomberg reported that the rally lifted Musk's fortune by $65 billion in one day, to $1.04 trillion.…
Musk says Starship will launch giant space telescopes
Elon Musk said Wednesday, Sept. 30, that SpaceX's Starship could change astronomy by launching much larger telescopes into orbit and giant observatories to the Moon. He made the claim two days after the rocket reached orbit for the first time.
Musk says Starship will attempt first orbital flight Sept. 28
SpaceX is preparing to send its Starship rocket into orbit for the first time, with the 14th test flight of the vehicle now targeted for Monday, September 28, from the company's Starbase facility in southern Texas. Elon Musk confirmed on…
Starlink and KDDI partner on 5G service from space
SpaceX announced on Wednesday that its next-generation Starlink Mobile service will deliver 5G-grade connectivity directly to unmodified smartphones, partnering with Japanese carrier au (KDDI ) as the first operator to sign on for the upgraded V2 satellite platform. The company…
SpaceX discusses buying failed startups’ data to train Grok
SpaceX has held informal internal discussions about purchasing customer and operational records from troubled or defunct startups to feed its Grok artificial intelligence models, Bloomberg reported on Thursday. The talks, which may not lead to a deal, represent an unusual…
NASA activates Roman telescope’s main camera as fuel reserves double expectations
NASA's Nancy Grace Roman Space Telescope could operate for more than twice its original lifespan after a precise launch and an exceptionally efficient first course correction left the observatory with far more fuel than planned, the agency announced on September…
Musk says SpaceX will launch Nvidia AI computers into orbit in 2027
Elon Musk said on Sunday that he is "highly confident" SpaceX will launch Nvidia AI computers into space next year, reaffirming the company's plans to bring data-center-class computing to orbit through its Starmind satellite program.
Tesla sets Oct. 1 unveil for long-delayed Roadster
Tesla announced Saturday that it will unveil the long-delayed second-generation Roadster on October 1, posting a teaser image to X with the caption "Go for launch" and the date "10.01" displayed across the bottom. A countdown clock now appears on…
NASA’s Roman Space Telescope fires engines on path to deep-space orbit
NASA's Nancy Grace Roman Space Telescope fired its thrusters for the first time on Monday, August 31, beginning a series of trajectory adjustments as it cruises toward its operational orbit nearly 1 million miles from Earth. The maneuver came just…
NASA launches $4.3B Roman Space Telescope to map the hidden universe
NASA's newest flagship observatory, the Nancy Grace Roman Space Telescope, lifted off Sunday morning from Kennedy Space Center in Florida, beginning a quest to map the hidden universe on a scale never before attempted from space.
OpenAI to cut off Cursor after SpaceX acquisition
OpenAI announced on Friday that it will terminate its agreement to provide AI models to Cursor, the coding-tool company now owned by Elon Musk's SpaceX, citing concerns that SpaceX would not use its technology in compliance with its terms of…
Russian hackers used SpaceX’s Cursor AI to breach seven firms, report finds
A Russian-speaking ransomware gang used SpaceX's AI coding assistant Cursor to breach at least seven companies earlier this year, according to a report published Thursday by cybersecurity startup Gambit Security and data reviewed by Reuters.
NASA’s $4 billion Roman Space Telescope to launch Sunday from Florida
NASA's Nancy Grace Roman Space Telescope is scheduled to launch at 7:26 a.m. ET on Sunday, August 30, aboard a SpaceX Falcon Heavy rocket from Kennedy Space Center's Launch Complex 39A in Florida. The $4 billion flagship observatory will be…
SpaceX to launch Nvidia-powered AI satellite by late 2027, Musk says
Nvidia announced Monday that SpaceX's AI division will deploy the chipmaker's Vera CPUs and Vera Rubin platform to power next-generation agentic AI workloads, with plans to extend that computing architecture into orbit aboard a satellite called Starmind AI1. SpaceX CEO…
NASA’s Roman Space Telescope nears Aug. 30 launch
NASA's $4 billion Nancy Grace Roman Space Telescope is days away from joining the ranks of Hubble and Webb as the agency's newest flagship observatory, with a launch scheduled for August 30 aboard a SpaceX Falcon Heavy rocket from Kennedy…
Anthropic aims to match or top SpaceX’s record IPO
Anthropic PBC is preparing to publicly file for an initial public offering as soon as the end of August, targeting a fundraising size that would match or exceed SpaceX's record-setting debut, according to Bloomberg. The AI company, which develops the…
SpaceX-led IPO boom triples global proceeds as ECB warns of tech correction
Global initial public offering proceeds tripled in the first half of 2026 compared with a year earlier, fueled by SpaceX's record-shattering Nasdaq debut in June — the largest IPO in history. The boom has deepened the concentration of capital in…
Intesa Sanpaolo holds nearly $1B SpaceX stake, SEC filing shows
Italy's largest bank, Intesa Sanpaolo, held a stake worth approximately $966 million in Elon Musk's SpaceX as of June 30, according to an SEC filing disclosed on Monday.
Airtel launches Africa’s first Starlink mobile service in DRC
Airtel Africa has commercially launched Starlink's satellite-to-mobile service in the Democratic Republic of the Congo, making it the first telecom operator on the continent to deploy the technology. The service, which went live on August 14, allows customers with compatible…
Alphabet’s $900M SpaceX bet has grown 100-fold to $94B
Alphabet has emerged as the largest single institutional holder of SpaceX following the rocket company's June IPO, with a decade-old investment of roughly $900 million now worth about $94.2 billion, according to quarterly filings analyzed by Reuters.
Norway, Canada funds disclose SpaceX stakes after IPO
Two of the world's largest government-backed investment funds disclosed holdings in SpaceX this week, underscoring the breadth of institutional demand for Elon Musk's space and AI conglomerate following its public listing earlier this year.
Norway’s wealth fund posts record $184B profit, reveals SpaceX stake
Norway's $2.3 trillion sovereign wealth fund reported a record profit of 1.75 trillion Norwegian kroner ($184.3 billion) for the first half of 2026, driven by a surge in technology stocks, particularly in Asia, while disclosing for the first time that…
Musk added $875M a day over past year, then lost $500B in weeks
Elon Musk's fortune has become the most volatile in recorded history, with two new reports capturing both sides of a staggering wealth trajectory: a $320 billion gain over 12 months and a nearly $500 billion collapse in less than two…
South Korea’s Danuri orbiter captures first images of SpaceX rocket’s moon crash site
South Korea's Danuri lunar orbiter has captured the first images of a fresh crater on the moon, created when a defunct SpaceX Falcon 9 upper stage slammed into the lunar surface on August 5. The Korea Aerospace Administration released the…
Musk envisions sending robots to Moon to build factories
Elon Musk used SpaceX's first-ever public earnings call to lay out a vision for deploying humanoid robots on the Moon to build factories and industrial infrastructure, describing a future that he acknowledged sounds "totally nuts" but insisted is inevitable.
Musk claims Starship heat shield problem is solved
Elon Musk declared Starship's persistent heat shield problem "solved" during SpaceX's first-ever earnings call on Tuesday, marking what the CEO called a turning point for the rocket program that has spent years battling tile failures during reentry.
Satellite images show tugboats towing SpaceX Starship through Indian Ocean
Satellite images captured over the weekend reveal a fleet of recovery vessels working to tow SpaceX's Starship prototype through the Indian Ocean, more than a week after the 52-meter spacecraft splashed down following the company's 13th integrated test flight on…