SpaceX has filed a request The plan is to launch a constellation of 1 million solar-powered satellites in conjunction with the Federal Communications Commission, which it says will serve as data centers for artificial intelligence. The company’s filing presents a grand vision, not only describing these planned satellites as “the most efficient way to meet…
Self-Driving Truck Startup Waabi’s billion-dollar fundraise It’s not just about trucks. The deal, combined with a $750 million upfront deal from Uber plus $250 million tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like Uber has another chip on…
SpaceX and XAI, both companies led by Elon Musk, could merge ahead of the planned SpaceX IPO this year, according to a report From Reuters. It will bring together products like the Grok chatbot, the X platform, Starlink satellites and SpaceX rockets under one corporation. Company representatives have not publicly discussed this possibility. However, recent…
PayEx is reportedly lining up four major Wall Street banks for a 2026 IPO that could meet market needs. The company recently completed a tender offer at a valuation of $800 billion, and secondary market demand is skyrocketing. If SpaceX goes public anywhere near Rumors of $1.5 trillion valuationThis could trigger an IPO cascade for…
Elon Musk is eyeing a blockbuster SpaceX IPO sometime in June, according to financial Times. The billionaire reportedly wants the offer to coincide with both his birthday (June 28) and rare alignment of Mercury, Venus and Jupiter (occurring in early June). However, whenever it does happen, SpaceX’s IPO will likely be one of the largest…
Federal Communications Commission announced on friday This has given SpaceX approval to launch another 7,500 of its second-generation Starlink satellites, for a total of 15,000 satellites worldwide. In addition to allowing SpaceX to launch more satellites and expand its high-speed internet coverage, the FCC says its decision also means Starlink satellites can operate on five…
Crew-11 mission astronauts wave as they depart the Neil A. Armstrong Operations and Checkout Building en route to launch complex LC-39A at the Kennedy Space Center in Cape Canaveral, Florida on August 1, 2025. From L/R are Roscosmos cosmonaut Oleg Platonov, NASA astronaut Mike Fincke, NASA astronaut and mission commander Zena Cardman and JAXA astronaut…
Billionaire entrepreneur Jared Isaacman has been confirmed by the US Senate as the next Administrator of NASA. The private astronaut and founder of the Shift4 payment processing platform will now be in charge of an agency that faces great uncertainty under President Trump. Isaacman’s confirmation comes a little more than a year after Trump nominated…
SpaceX plans to go public in mid-to-late 2026 and raise $30 billion at a valuation of about $1.5 trillion, according to a new report From Bloomberg News, citing multiple unnamed sources. That would make it the biggest IPO ever, surpassing Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be…
SpaceX plans to go public in mid-to-late 2026 and raise $30 billion at a valuation of about $1.5 trillion, according to a new report From Bloomberg News, citing multiple unnamed sources. That would make it the biggest IPO ever, surpassing Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be…
