SpaceX is headed for its biggest IPO ever next month, and now it’s got a big boost from the Trump administration. US Space Force on Friday announced It is giving SpaceX $4.16 billion under a contract to build the satellite that will be part of the missile and air defense system President Trump is calling…
American Airlines said Tuesday it plans to do so install starlink The carrier is the latest to choose the SpaceX unit for inflight Wi-Fi service on more than 500 narrow-body Airbus planes as early as next year. The deal not only provides a financial boost for Starlink, the satellite communications network and the only SpaceX…
SpaceX’s imminent initial public offering is set to be the biggest stock debut in history — but the sheer scale of the launch could squeeze investor demand for other new listings, market watchers suggest. Samuel Kerr, global head of equity capital markets at Mergermarket, said SpaceX’s long-awaited listing, expected June 12, comes as Europe’s IPO…
Google and SpaceX are in talks to launch orbital data centers into space, reports The Wall Street Journal said, citing sources familiar with the matter. The potential deal comes as SpaceX prepares to $1.75 trillion IPO Later this year, selling investors on the idea that data centers in space will be the cheapest place to…
Rocket Lab‘s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million…
VC firm 137 Ventures announced on Thursday It has raised more than $700 million in two new growth-stage funds to support startups “with the potential for significant market impact.” Last year, the firm founded by former Founders Fund investor Justin Fisher-Wolfson said it had deployed more than $1 billion in companies building defense, AI and…
Tim Cook plans to step down from his CEO post in September, Handing over the reins to hardware chief John Ternes. Turnus may be inheriting one of the most enduring businesses in technology, but he’s also stepping into a very different ecosystem than the one Cook has spent decades shaping. The 30% cut of the…
A yearslong legal brawl between Elon Musk, the world’s richest man, and OpenAI CEO Sam Altman heads to court in Northern California on Monday in a dramatic showdown between two of the most high-profile names in the tech industry. In his $134 billion lawsuit, Musk claimed that OpenAI, Altman and the company’s president, Greg Brockman,…
Blue Origin has successfully reused one of its New Glenn rockets for the first time, marking a major milestone for the heavy-launch system as Jeff Bezos’ space company looks to compete with Elon Musk’s SpaceX. The company achieved the feat on Sunday with the third ever launch of the New Glenn, and a few more…
Gas turbines are visible at an xAI data center on Riverport Rd in Memphis, TN on April 25, 2025. Brandon Dill | The Washington Post | Getty Images The NAACP filed a lawsuit against Elon Musk‘s xAI on Tuesday, accusing the artificial intelligence company of violating the Clean Air Act with its use of natural…
