Tag: spacex
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China’s new rocket heats up space race, challenging SpaceX
China has achieved a breakthrough that could dramatically lower launch costs, accelerate satellite deployment and challenge the dominance of Elon Musk’s SpaceX.
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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports
July 17 : Elon Musk’s SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter.Such an agreement would extend the Pentagon’s existing relation
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SpaceX targets next week for another Starship launch attempt as shares slide on abort
WASHINGTON, July 17 : SpaceX is targeting Monday for another attempt to launch its Starship rocket after a last-second abort during engine ignition on Thursday, a brief setback that nevertheless wiped roughly $100 billion from the newly public company’s market value.The company’s Starship rocket ignited its
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SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler
WASHINGTON, July 17 : U.S. Small Business Administration head Kelly Loeffler multiplied the value of her investment in Elon Musk’s SpaceX after she was nominated for the job, earning millions of dollars from the company’s record initial public offering, a Reuters review of her financial disclosures showed.Loe
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SpaceX falls further in premarket after Starship test flight aborted
SpaceX’s stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
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SpaceX’s Starship rocket aborts before liftoff, Musk says launch probable next week
WASHINGTON, July 16 : SpaceX’s Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday as some of its 33 engines failed to start, with CEO Elon Musk saying it will likely try to launch again early next week.Shares of SpaceX, which went public last month, fe
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SpaceX Starship rocket aborts before liftoff in 13th flight test attempt
WASHINGTON, July 16 : SpaceX’s Starship rocket triggered a last-second abort before liftoff for its 13th flight test from Texas on Thursday, postponing the mission by at least 24 hours with the company studying what likely caused the automated scrub.”We did trigger a hold on the booster that aborted our lifto
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Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price
NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm’s initial public offering last month, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers, who borrow shar
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SpaceX shares slide below IPO price for the first time as blistering rally unravels
July 15 : SpaceX shares dropped below their initial public offering price on Wednesday, a first for the company, just over a month after a frenzy over the rockets-to-AI firm powered the biggest IPO ever and made Elon Musk the world’s first trillionaire.Its shares slid 1.9 per cent to $133.5, falling below the
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The SpaceX IPO made history. Is the excitement still there?
A month on from the firm’s stock market debut, the reality of how SpaceX currently makes money has seemed to come into clearer focus.
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