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Sam Altman and Elon Musk traded barbed social media posts over the weekend, drawing new attention to the gap between vision and reality for the space-compute business. Responding to Musk accusing him of being a scammer, Altman said, “homeboy you’re the one sellling [sic] public market investors on short-term space datacenters.” Setting aside “homeboy,” Altman…
The Federal Aviation Administration (FAA) has cleared SpaceX to fly Starship prototypes again, after the company identified the probable cause of the failure of the rocket system’s booster stage during a flight in May. SpaceX said over the weekend that the next flight of Starship could happen as soon as this Thursday, July 16. It…
China’s state-owned space company successfully launched a Long March orbital rocket and landed the booster on a seagoing recovery vessel, making it the second country to achieve the feat. The demonstration on Friday shows that China’s Aerospace Science and Technology Corporation (CASC) is poised to match the advance that catapulted SpaceX to the top of…
Billionaire Jeff Bezos’ space rocket company Blue Origin is raising $10 billion at a $130 billion pre-money valuation from Coatue Asset Management, Bezos himself, and other large investors, The New York Times reported. Coatue is expected to invest about $4 billion in the round, which would be Blue Origin’s first external fundraise. Bezos is said…
Militaries routinely send satellites to fly by rival vehicles and suss out their capabilities, but scaling up this kind of reconnaissance is increasingly seen by the U.S. military as a challenge best handled by the private sector. That’s why two space startups, True Anomaly and Rocket Lab, completed a rendezvous mission for the U.S. Space…
Not everyone is buying Elon Musk’s vision for orbital data centers. Masayoshi Son, the founder and CEO of Softbank, argued at a recent shareholder meeting that building data centers in space won’t do much to cut costs and will take too long when “in the battle for AI, the next few years will be far…
Elon Musk is eyeing an acquisition of Mesh Optical Technologies, a startup founded by three former SpaceX engineers last year developing hardware for fast data center communications. The potential acquisition, which was revealed in a Federal Trade Commission filing and first reported by Bloomberg, confirmed the agency expedited its antitrust review. Mesh Optical came out…
In a world marred with oppression and strife, one injustice rises above all else: Elon Musk is not currently a trillionaire. When SpaceX went public earlier this month, Musk became the world’s first trillionaire. He declared in a victory lap-slash-speech that he aspires to take all of us to the moon, Mars, and “maybe beyond…
Relativity Space—a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit—might just beat SpaceX to Mars. On Tuesday, NASA said it hired the company to build a spacecraft to house a suite of scientific instruments, launch it into space, and fly it to Mars. The…
Former Sequoia Captial managing partner Roelof Botha is joining SpaceX’s board of directors, less than a week after the company went public in the largest IPO ever. SpaceX announced the appointment in a filing with the Securities and Exchange Commission on Wednesday. It said Botha was appointed “to fill the existing vacancy on the Board”…