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Tag: SpaceX

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX eyes $800bn valuation in new insider share sale

SpaceX is gearing up for an insider share sale that could value Elon Musk’s rocket and satellite company at up to $800 billion, potentially restoring its status as the world’s most valuable private firm. The plan, reviewed by SpaceX’s board on Thursday at its Starbase facility in Texas, may still shift depending on seller and […]

Musk's DOGE team allegedly spying on US govt workers
Tech

SpaceX inks $17b deal with EchoStar to boost 5G push

SpaceX owned by Elon Musk, announced on Monday that it will acquire wireless spectrum licenses from EchoStar for about $17 billion, a move seen as pivotal for expanding Starlink’s emerging 5G connectivity business. As part of the agreement, EchoStar’s Boost Mobile customers will also gain access to Starlink’s direct-to-cell service, extending coverage to areas currently […]

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX’s Starship hits milestone with successful test flight

SpaceX achieved a breakthrough on Tuesday with the launch of its towering Starship rocket, marking its first successful deployment of test satellites after a string of fiery setbacks earlier this year. The more-than 400-foot rocket lifted off at 6:30 p.m. local time from the company’s Starbase facility in Texas, United States, completing a tense one-hour […]

Tech

SpaceX dragon capsule brings Axiom-4 crew back to earth 

A SpaceX capsule carrying a multinational crew from Axiom Space Inc. safely returned to Earth on Tuesday, splashing down off the California coast at 5:31 a.m. New York time after an 18-day stay aboard the International Space Station. The team—retired NASA astronaut Peggy Whitson, Indian test pilot Shubhanshu Shukla, Polish astronaut Sławosz Uznański-Wiśniewski, and Hungarian […]

SpaceX commits $2bn to xAI in bold push
News

SpaceX commits $2bn to xAI in bold push

SpaceX has invested $2 billion in Elon Musk’s artificial intelligence startup xAI, as part of a broader \$5 billion equity fundraising round, according to a report by The Wall Street Journal. The deal marks a deepening of financial and operational ties between Musk’s companies, as xAI positions itself to challenge AI leaders like OpenAI and […]

SpaceX eyes $400bn valuation in new funding round
News

SpaceX eyes $400bn valuation in new funding round

SpaceX is in talks to raise fresh capital through a new funding round that could lift its valuation to around $400 billion, according to a report by Bloomberg. The Elon Musk-led space company plans to raise the new funds by selling shares to existing investors and insiders. At the same time, SpaceX is reportedly preparing […]

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX new dragon capsule sends four Ax-4 astronauts to ISS 

SpaceX’s latest Dragon capsule launched on its first mission early this morning (June 25), carrying four astronauts from the Ax-4 mission to the International Space Station on behalf of Axiom Space, a Houston-based company. The mission lifted off at 2:31 a.m. EDT (0631 GMT) atop a SpaceX Falcon 9 rocket from Launch Complex 39A at […]

Regulators approve SpaceX’s Starship for seventh launch
Tech

SpaceX starship rocket blows up in US test

A SpaceX Starship rocket exploded late Wednesday during routine testing at the company’s Starbase facility in Texas, according to local officials and live-streamed footage. In a statement on social media, SpaceX confirmed the rocket suffered “a major anomaly while on a test stand at Starbase” around 11 p.m. local time. The company added that a […]

White House unveils AI policy for US global dominance
News

White House orders review of SpaceX contracts amid Trump–Musk feud

The White House has ordered a sweeping review of SpaceX’s federal contracts, amid a public fallout between President Donald Trump and billionaire Elon Musk. The order, issued earlier this month, instructs the Pentagon and NASA to scrutinize SpaceX’s deals—worth approximately $22 billion—signaling potential retaliation against Musk and his companies. The move follows Trump’s threat last […]

SpaceX’s starship spirals out of control in test flight
Tech

SpaceX’s Starship explodes in third consecutive test flight failure

SpaceX’s Starship and Super Heavy booster experienced another explosion during a test flight on Tuesday, marking the third consecutive failure in its recent launch attempts. The launch vehicle—comprising the Super Heavy booster and Starship upper stage—stands approximately 400 feet tall when fully stacked, making it the tallest rocket system ever built. SpaceX has been developing […]

SpaceX commits $2bn to xAI in bold push
Tech

SpaceX to launch Starship megarocket

SpaceX is poised to launch its Starship megarocket, the cornerstone of CEO Elon Musk’s vision for Mars colonization, on Tuesday, from its Starbase facility near the newly incorporated city of Starbase, Texas. The 403-foot-tall Starship, the largest and most powerful launch vehicle ever constructed, is pivotal not only for Musk’s interplanetary ambitions but also for […]

SpaceX’s starship spirals out of control in test flight
News

SpaceX’s starship spirals out of control in test flight

SpaceX’s ambitious Starship program suffered another setback Thursday as the spacecraft spiraled out of control during a test flight, marking the second consecutive mission to encounter a major failure en route to orbit. The Federal Aviation Administration temporarily grounded flights into major Florida airports and rerouted others as a precaution against potential “space launch debris.” […]

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