Defense spending has been the talk of Singapore’s Airshow this week but that’s not an accurate way to measure military strength, Palmer Luckey, founder of defense tech firm Anduril Industries, said on CNBC’s “Squawk Box Asia” Wednesday. That comes after U.S. President Donald Trump in January expressed interest in raising the U.S military budget to…
Attendees during the Singapore Airshow in Singapore, on Wednesday, Feb. 4, 2026. The show runs through Feb. 8. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images With geopolitical uncertainty on the rise, defense buyers at the Singapore Airshow say they are prioritizing sovereignty, from local production and co‑development to owning the…
Voyager Technologies‘ CEO Dylan Taylor said two years would be an “aggressive” timeframe for space data centers and cooling remains a problem for the developing technology. While SpaceX has the heavy lift rockets to bring components to space, Taylor told CNBC’s Morgan Brennan that the lack of a cooling solution to transfer the heat remains…
Sailors and marines man the rail as the U.S. Navy Nimitz-class aircraft carrier USS Abraham Lincoln (CVN 72) is guided by tugboats in San Diego Bay as it returns to its homeport of Naval Air Station North Island on Dec. 20, 2024 in San Diego, California. Kevin Carter | Getty Images The U.S. military on…
Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber has confirmed. The record-setting deal will be the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by…
Protestors march during a “Nationwide Shutdown” demonstration against ICE enforcement on Jan. 30, 2026 in Minneapolis, Minnesota. Stephen Maturen | Getty Images A Federal judge on Saturday rejected a request from state officials to immediately halt the federal immigration enforcement surge in Minnesota. The court said the plaintiffs — the State of Minnesota and the…
Danish Prime Minister Mette Frederiksen and Greenland’s Prime Minister Jens-Frederik Nielsen hold each other as they leave the venue after a meeting in Nuuk, Greenland, on January 23, 2026. Jonathan Nackstrand | Afp | Getty Images Greenland Prime Minister Jens-Frederik Nielsen issued a defiant message on the Arctic island’s future on Wednesday, while Denmark warned…
A flag with the CSG NV logo during the listing of their company at Euronext Amsterdam in Amsterdam, Netherlands, on Friday, Jan. 23, 2026. Bloomberg | Bloomberg | Getty Images Shares of Czech-based defense firm Czechoslovak Group (CSG) soared over 30% on its stock market debut on Friday, underscoring sustained investor interest in defense companies…
US President Donald Trump gestures as he delivers a special address during the World Economic Forum (WEF) annual meeting in Davos on January 21, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump backed away from tariffs…
Naaja Nathanielsen, Greenland’s minister for industry, raw materials, mining, energy, law enforcement and equality, addresses MPs at a meeting in the Inter-Parliamentary Union room in the Houses of Parliament, Westminster, England, organized by the All-Party Parliamentary Groups for Greenland following U.S. threats to take over the territory. James Manning – Pa Images | Pa Images…
