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SpaceX is warning investors that it may dole out “significant equity” in “future transactions” following its upcoming IPO — language that was added amid constant industry gossip that CEO Elon Musk ultimately plans to merge his space-and-AI company with Tesla. The new language was tucked deep in the risk factors section of SpaceX’s first official…
As SpaceX counts down to what could be the largest IPO in history, the race to build the next generation of launch vehicles is heating up. Asia wants in. Startups across Australia, India, Japan, and South Korea are racing to establish themselves in a market long dominated by the U.S. and China. One of them…
SpaceX is headed toward what’s expected to be the largest IPO ever next month, and now it has received a major boost from the Trump administration. On Friday, the U.S. Space Force announced it’s giving SpaceX $4.16 billion as part of a contract to build satellites that will be part of a missile and air…
Blue Origin’s New Glenn mega-rocket just exploded during testing at a launch site in Cape Canaveral, Florida, according to live streams from NASASpaceFlight.com and SpaceFlight Now. Blue Origin later confirmed the explosion. Jeff Bezos’ space company was performing a static fire test ahead of an anticipated fourth launch of the new rocket in the coming…
American Airlines said Tuesday it plans to install Starlink on more than 500 narrow-body Airbus aircraft beginning early next year, the latest carrier to pick the SpaceX unit for inflight Wi-Fi service. The deal provides more than just financial lift for Starlink, the satellite communications network and the only SpaceX business unit that generates meaningful…
Blue Origin’s new mega-rocket, New Glenn, is no longer grounded. The company said Friday that the Federal Aviation Administration has cleared the rocket to fly again after the upper stage failed to deliver a commercial payload during an April launch. Blue Origin didn’t offer much detail but said in a post on X that the…
SpaceX has launched the upgraded third version of its Starship rocket for the first time, though the test launch did not go perfectly for Elon Musk’s spaceflight company. The 407-foot rocket — the most powerful ever built — lifted off from SpaceX’s company town Starbase, Texas, at 5:30 p.m. local time. Just a few minutes…
SpaceX has scrubbed the first launch of its third-generation Starship rocket system from its headquarters in Starbase, Texas. The company is expected to make another attempt on Friday. It’s a crucial launch for the company — and not just because it’s the first real test of the upgraded Starship V3 hardware; it also comes at…
A worker died at SpaceX’s Starbase launch site in South Texas on Friday, and the Occupational Safety and Health Administration (OSHA) has opened an investigation. The San Antonio Express-News reported Monday that the unidentified victim died at around 4:17 a.m. local time on May 15, citing OSHA and local officials. The Wall Street Journal later…
When Lior Susan started Eclipse Ventures in 2015, the firm’s thesis of digitizing the physical world wasn’t particularly popular in Silicon Valley. “It was the era of enterprise software and SaaS, and it felt fairly lonely the first couple of years,” Susan said on stage at a recent StrictlyVC event in San Francisco. More than…