Elon Musk’s SpaceX has secured a massive infrastructure agreement with Google just days before its planned IPO, with the search giant agreeing to pay $920 million per month for AI computing capacity.
S&P Dow Jones Indices announced Thursday it will preserve its existing eligibility criteria for major benchmarks like the S&P 500, effectively closing the door on expedited inclusion for large technology IPOs such as Elon Musk’s SpaceX.
Elon Musk’s SpaceX is reportedly breaking with Wall Street convention by establishing a fixed IPO price of $135 per share before its investor roadshow, aiming to raise a record $75 billion on a valuation of $1.75 trillion. Financial services firm Morningstar believes Musk’s company is only worth about half that amount.
Elon Musk has created uncertainty among potential investors after posting details about SpaceX’s partnership with Anthropic on social media that appear to contradict information in the company’s IPO filing.
Blue Origin’s massive New Glenn rocket exploded during a static fire test at Cape Canaveral, Florida, marking the most severe setback in the history of Jeff Bezos’ SpaceX competitor.
Elon Musk’s SpaceX reportedly increased its Starlink connection fees fivefold for U.S. military drone operations during the Iran war, raising tensions with Pentagon officials over pricing disputes that highlight the growing leverage Musk’s company holds over critical defense infrastructure.
Elon Musk’s SpaceX claimed a successful launch of its newest Starship variant on Friday evening, overcoming significant engine malfunctions to achieve its intended landing destination in the Indian Ocean. The test flight ended with a massive fireball as the spacecraft tipped into the water off Australia’s western coast, an explosive finale the company said was expected to occur.
French cybercrime prosecutors have announced that their investigation into Elon Musk and his social media platform X has been upgraded to a criminal probe, marking a significant escalation in the ongoing legal scrutiny of the tech tycoon’s deepfake porn scandal.
The Department of War has finalized contracts with seven leading technology firms to deploy their AI systems in classified military environments, marking a significant expansion of the Pentagon’s artificial intelligence capabilities.
Elon Musk’s SpaceX has secured an agreement granting it the option to acquire Cursor, a rapidly growing AI coding start-up, for $60 billion as the rocket maker pushes deeper into AI ahead of its hotly anticipated IPO.
A global outage of SpaceX’s Starlink satellite network last year left two dozen U.S. Navy unmanned vessels stranded off the California coast, disrupting communications and halting operations for nearly an hour during critical military tests.
The Federal Communications Commission (FCC) is moving to update decades-old rules that would supercharge satellite internet speeds for providers such as SpaceX’s Starlink and Amazon’s Leo, which could lower costs and spur more competition.
Elon Musk’s SpaceX has filed a formal complaint with the FCC accusing Amazon of breaching its orbital debris mitigation plan by launching satellites at supposedly unauthorized altitudes, raising concerns over collision risks in low-Earth orbit.
Elon Musk’s SpaceX has taken a major step toward becoming a publicly traded company by confidentially filing for an initial public offering with securities regulators.
Artemis II launched into space on Wednesday hours after President Trump pledged to send U.S. astronauts to the moon.
A California jury has determined that Elon Musk defrauded Twitter shareholders during the period leading up to his $44 billion purchase of the social media platform, according to a verdict delivered on Friday.
Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in history, potentially raising $50 billion and exceeding the total amount raised by all 90 IPOs that debuted last year.
NASA announced that Boeing stranding astronauts in space due to the Starliner spacecraft’s failure has been officially reclassified as a Type A mishap, the agency’s most serious safety designation, nearly eight months after the troubled mission concluded.
Elon Musk announced Sunday that SpaceX has redirected its immediate focus toward establishing a self-sustaining city on the Moon, marking a significant departure from the company’s long-standing Mars-first strategy.
Elon Musk is combining SpaceX with his artificial intelligence startup xAI as the merged entity prepares for a massive IPO that could value the combined company at $1.25 trillion.
Newly released documents from the Jeffrey Epstein files show that Tesla and SpaceX CEO Elon Musk corresponded with the convicted sex offender in 2012 and 2013, discussing potential visits to Epstein’s private island, with Musk asking the disgraced financier “What day/night will be the wildest party on your island?”
Tech Tycoon Elon Musk has declared that traditional retirement planning is obsolete due to coming technological advances he believes will eliminate scarcity. Musk says, “Don’t worry about squirreling money away for retirement in 10 or 20 years. It won’t matter.”
NASA brought four astronauts back to Earth after one of them experienced a health issue aboard the International Space Station (ISS), with the crew splashing down early Thursday off the coast of San Diego.
Tony Bruno, the CEO of United Launch Alliance, has suddenly stepped down from his position after more than a decade at the helm of the company. The company is the primary competitor to Elon Musk’s SpaceX for launching government payloads into space.
A SpaceX rocket explosion in January put three commercial flights carrying 450 people at risk, according to newly revealed FAA records. The records also indicate Elon Musk’s company failed to alert the FAA about the explosion, with air traffic controllers learning of the incident when they spotted debris on their radars.
The United States Senate on Wednesday confirmed Jared Isaacman as Administrator of NASA in a 67-30 vote, officially approving President Donald Trump’s nominee to lead the space agency. The self-made billionaire, commercial astronaut, and aviation entrepreneur, at age 42, becomes the youngest person in history to lead NASA.
Elon Musk has confirmed reports that SpaceX is planning an IPO in 2026. Musk’s space exploration company could hit the market at a valuation above a trillion dollars, allowing individual investors to buy into his dreams of Mars while also massively increasing his personal fortune.
AI may soon reach beyond Earth as OpenAI CEO Sam Altman looks to the stars for a solution to the growing energy demands of data centers. Altman is reportedly considering an investment in a rocket company to take on bitter rival Elon Musk’s SpaceX.
Tesla CEO Elon Musk voiced his strong support for the H-1B visa program in a recent podcast interview, while also expressing concerns over President Donald Trump’s tariff policies, which he believes “distort” markets.
Trump’s Assistant Secretary of Commerce and administrator of the National Telecommunications and Information Administration, Arielle Roth, outlined the Administration’s policies for reforming the wasteful Broadband Equity, Access, and Deployment (BEAD) program in a speech at the Hudson Institute this week. According to Roth, “For years, BEAD was weighed down by red tape and extralegal conditions that slowed down states, deterred providers, and sidelined innovative technologies.”
SpaceX has taken another significant step towards its ambitious goals of human space exploration with the successful completion of the eleventh test flight of its Starship rocket.
Tech tycoon Elon Musk has made history by becoming the first person to amass a net worth exceeding $500 billion. The incredible surge in Musk’s wealth is driven by his interests in Tesla, SpaceX, and xAI.
Gigi Sohn, the failed Democratic FCC nominee who was considered too radical even by Democrats, is criticizing Trump administration reforms to the $42.5 billion BEAD broadband program while reportedly working with some Republican state officials to undermine changes that remove DEI mandates and opened the program to satellite internet providers.
Elon Musk’s satellite internet service, Starlink, suffered a massive network outage affecting subscribers worldwide on Thursday. SpaceX blamed the outage on the failure of “key internal software services that operate the core network.”
The Trump administration is broadening its search for partners to build the Golden Dome missile defense system, looking beyond SpaceX to companies like Amazon’s Project Kuiper and traditional defense contractors, as the relationship between President Trump and Elon Musk grows increasingly strained.
A former senior security manager at SpaceX has filed a lawsuit against Elon Musk’s company and one of its high-ranking employees, alleging discrimination, sexual harassment, retaliation, and security violations.
President Donald Trump has issued a stern warning to Elon Musk, threatening to investigate the billionaire’s government subsidies using Musk’s own creation, DOGE.
Elon Musk has fired one of his closest minions, Omead Afshar, from his position as Tesla head of operations for North America and Europe, as the EV giant faces flagging sales and business problems around the world.
Jeff Bezos and his space company Blue Origin are attempting to capitalize on the recent rift between President Donald Trump and SpaceX founder Elon Musk to secure more government contracts.
Astronauts from India, Poland, and Hungary were on board when Axiom Mission 4 launched from the Kennedy Space Center in Florida on Wednesday, bound for the International Space Station (ISS).
