SpaceX or Space Exploration Technologies Corp. is an American aerospace manufacturer that designs, manufacturers, and launches advanced spacecraft and rockets. SpaceX was founded back in 2002 by Elon Musk with the aim to colonise Mars and reduce the cost of space transport. The small-lift Falcon 1 was the first launch vehicle developed by the company and was retired in 2009. SpaceX is headquartered in Hawthorne, California. In December 2010, SpaceX became the first, and only, private company to return a spacecraft from low-Earth orbit. SpaceX manufactures the Falcon 9 and Falcon Heavy launch vehicles, Cargo Dragon, crew spacecraft, several rocket engines, and Starlink communications satellites. In January 2020, the Starlink constellation became the largest satellite constellation ever launched. In 2021, SpaceX won two Pentagon contracts for nearly $160 million to launch missions with its Falcon 9 rockets. In 2022, SpaceX won a $102 million Air Force contract to transport military cargo and humanitarian aid around the world using a heavy rocket. SpaceX is also developing Starship, a super heavy-lift launch system for interplanetary spaceflight. It is intended to become SpaceX's primary orbital vehicle and will have the highest payload capacity of any orbital rocket ever built and is scheduled for 2022. More
SpaceX is seeking to hold an IPO later this year, in a deal that could raise as much as $50 billion to fund AI data centers in space and a factory on the moon.
YouTuber MrBeast reacted to Elon Musk’s post on X shortly after the billionaire announced the merger of SpaceX and xAI. Musk said the consolidation would bring both companies under a single entity valued at $1.25 trillion.
Ukraine’s military depends heavily on Starlink for battlefield communications and for operating certain drone missions. Tens of thousands of Starlink terminals are used by Ukrainian forces across the frontlines.
Any transaction could attract sizeable interest from infrastructure funds and Middle Eastern sovereign investors, some of the people said. A deal could also potentially require a large financing component, a person with knowledge of the matter said.
Elon Musk’s views are backed by what the World Bank has been saying since 2020: 'Broadband (or high-speed) internet access plays a major role in economic growth and job creation'. Many netizens, however, believe that that internet access alone cannot solve poverty.
SpaceX sees Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley in senior roles, the report said
SpaceX launched 29 more Starlink satellites from Florida, reused a veteran Falcon 9 booster, and inched closer to global internet coverage, raising questions about how fast the constellation will grow next.
Since SpaceX filed its first lawsuit last year, other companies including Amazon.com Inc. have filed similar cases, several of which are now pending in US courts.
From crewed Moon flybys to Mars test flights, 2026 reshapes global space ambitions, with NASA, ISRO, SpaceX, China and Europe planning missions that signal where exploration heads next globally ahead.
The ERShares Private-Public Crossover ETF (ticker XOVR) has taken in more than $470 million since December 8 — more than half its total assets
SpaceX is also exploring a possible initial public offering as soon as late next year
The company’s latest tender offer could value SpaceX at as much as $800 billion, said the people, who asked not to be identified as the information isn’t public.
The booster that suffered the mishap on Friday was the first of Starship V3, an iteration of the rocket that SpaceX has said packs an array of new designs and features related to the moon program.
Emirates will soon offer free high-speed WiFi powered by Starlink across its entire fleet, starting November 2025. Passengers on all Emirates flights will get fast, “ground-quality” internet for streaming, video calls, gaming, and browsing at no extra cost.
SpaceX is preparing to launch Starship Flight 11 from its Texas Starbase, to test engine restarts, heat shields and landing procedures ahead of future Mars missions.
The upcoming flight will test several upgrades designed for future missions. Super Heavy will attempt a new landing sequence, firing five of its 33 Raptor engines to control its descent.
The current iteration of Starship, which the company calls Version 2, has capacity of about 35 tons and SpaceX has been able to recover just its booster. Musk has long promised full reusability and much larger payload capacity.
The deal will enable EchoStar's Boost Mobile subscribers to access SpaceX's Starlink Direct to Cell service, the statement said, without the need for an additional dedicated terminal.
SpaceX’s Starship completed its tenth test flight with both stages performing controlled splashdowns, providing vital data for future reusability.
The 10th test flight of SpaceX’s Starship megarocket was called off after engineers detected issues with the launchpad infrastructure.
Astronaut Shubhanshu Shukla shared a timelapse of India from space, showing thunderstorms, the Himalayas and sunrise from orbit, while calling the Axiom-4 mission a historic achievement for the nation.
Since its inception, SpaceX has made highly visible test flights that sometimes fail in spectacular ways something of a calling card, with cinematic broadcasts on X, Musk’s social-media platform
In 2023, when he was only 14, SpaceX hired him to help design software for its Starlink satellites. At the time, Kairan said SpaceX stood out because it gave him a chance based on his skills and not his age.
SpaceX is replacing water trucks with a pipeline to its new city, Starbase. But unless you work for the company, getting access might come with fine print — and fewer rights.