Tag: spacex
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SpaceX, Tesla to initially spend $16.8 billion on Terafab chip plant in Texas
Aug 6 : Elon Musk’s SpaceX and Tesla will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas, as the companies race to secure the chip capacity that the billionaire has called essential to their future.The facility is intended at nar
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Employees make plans for a windfall as SpaceX shares are unlocked
SpaceX’s shares are unlocked Thursday, and some early employees could see a massive windfall. The BBC’s Samira Hussain explains.
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SpaceX shares slip as lockup expiry adds to post-IPO woes
Aug 6 : SpaceX shares fell on Thursday, as investors braced for a potential bout of insider stock sales that could heap fresh pressure on a company already enduring a bumpy ride since listing.The shares were last trading down 1.3 per cent at $106.45. When a company goes public, certain shareholders – t
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Castaway SpaceX rocket stage crashed into moon: Scientists
NEW YORK: Part of a SpaceX rocket approximately the size of a bus slammed into the moon as predicted, scientists said on Wednesday (Aug 5), after a telescope in Chile captured evidence of a stream of debris.The collision, which was not intentional, posed no danger to Earth and is expected to have left a lunar
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Why haven’t we seen images of SpaceX Moon crash yet?
A rocket is believed to have crashed into the Moon, forming a new crater – but why haven’t images been released yet?
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SpaceX attracts retail buyers after post-earnings share slide
Aug 5 : Retail investors continued to pile into SpaceX shares on Wednesday, buying the dip after a sharp drop following the company’s first ever earnings report as a public company.Mom-and-pop traders bought a net $22.7 million in SpaceX shares in the first hour of trading alone, the third-highest first-hour
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SpaceX slides as AI spending worries overshadow early returns
Aug 5 : SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company.But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centers and Nvidia chips.The company’s share
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SpaceX rocket expected to have crashed into Moon – live updates
Scientists studying the event estimate the stray piece of the Falcon 9 rocket – launched in 2025 – will have crashed by now.
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SpaceX plans next Starship launch as soon as this month, catching it on land
WASHINGTON, Aug 4 : SpaceX as soon as this month aims to launch its next Starship flight test, sending its first upgraded Starlink satellites into orbit and then returning the massive rocket system’s upper stage to land for the first time, CEO Elon Musk said on the company’s first earnings call Tuesday.The go
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SpaceX’s mobile ambitions jolt US telecom market, analysts debate threat
Aug 4 : SpaceX’s ambition to build a full-fledged mobile service rattled investors in the U.S. wireless sector on Tuesday, as the company outlined plans that could eventually pit Starlink against industry leaders Verizon, AT&T and T-Mobile.SpaceX acquired 65 megahertz of wireless spectrum licenses from EchoSt
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