Damage at the site of a launchpad after an uncrewed Blue Origin New Glenn rocket exploded during a test at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, May 29, 2026. Joe Skipper | Reuters Blue Origin CEO Dave Limp said the company is “not rebuilding the same pad” where one of its…
launch company rocket lab satellite operator is buying iridiumPositioning it to become a more complete space services company, and continuing the wave of consolidation in the industry. The deal, which has not yet closed, will see Rocket Lab acquire Iridium’s stock for $54 a share, valuing the satellite company at $8 billion. This is one…
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing…
Pavlo Gonchar | Lightrocket | Getty Images Space startup Varda announced on Thursday that it has raised $187 million in Series C funding, led by venture capital firms Natural Capital and Shrug Capital, to continue advancing drug manufacturing in space. The latest round included participation from Peter Thiel, Lux Capital, Khosla Ventures and Caffeinated Capital….
Hidden among the majestic canyons of the Utah desert, about 7 miles from the nearest town, is a small research facility meant to prepare humans for life on Mars. The Mars Society, a nonprofit organization that runs the Mars Desert Research Station, or MDRS, invited CNBC to shadow one of its analog crews on a…
