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Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk said a primary reason for merging SpaceX with his artificial intelligence startup, xAI, is to more effectively build “orbital data centers.” […]
A cache of newly released documents from the Epstein files on Friday showed Elon Musk apparently corresponded with the convicted sex offender in 2012 and 2013, as they discussed meeting at Jeffrey Epstein’s private island and at Musk’s SpaceX facility in Southern California. The emails indicate Musk asked about attending the “wildest party,” hosted by […]
Elon Musk’s SpaceX has agreed to pay $17 billion for wireless spectrum licenses from EchoStar to build out its Starlink satellite network, the telecommunications firm said Monday. The deal includes $8.5 billion in cash and up to $8.5 billion of SpaceX’s stock portfolio for two blocks of wireless spectrum that could expand its reach to […]
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing […]
new video loaded: In the Latest Space Race, It’s China vs. SpaceX By Selam Gebrekidan, Nikolay Nikolov, Jon Hazell, Laura Salaberry and Malika Khurana•July 24, 2025 China has made it a national priority to catch up with SpaceX’s nearly 8,000 Starlink internet-providing satellites in low-Earth orbit, which it regards as a military threat. Despite successes […]
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk’s ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday. Musk said in a post on X that an investment by SpaceX into xAI “would be […]
CANNES, France — Robinhood stock climbed nearly 13% to an all-time high Monday after the company rolled out tokenized shares of OpenAI and SpaceX to users in Europe as part of a larger crypto rollout. It is the company’s first move to make private equity accessible via blockchain. The announcement, which came Monday during the company’s […]
The SpaceX Starbase industrial complex and rocket launch facility in Boca Chica, Texas, US, on Thursday, April 17, 2025. Mark Felix | Bloomberg | Getty Images A SpaceX crane collapse at the company’s Starbase, Texas facility on Tuesday has prompted an investigation by the Occupational Safety and Health Administration, the federal agency told CNBC in […]
The public breakup between Elon Musk and President Trump has cast a pall over the future of SpaceX – but the mogul’s company should remain on a solid trajectory because the two sides need each other. Trump has counted on his estranged First Buddy’s privately owned firm to fulfill the administration’s plans for NASA to […]
The neighborhood once known as Boca Chica Village is seen near the SpaceX facilities where they build rockets in Brownsville, Texas, on May 3, 2025. Gabriel Cardenas | AFP | Getty Images Starbase, Texas, has notified some residents that they might “lose the right to continue using” their property as they do today, according to […]
