SpaceX Financial News

Subscribe to enjoy similar stories. Elon Musk took a gulp of water on stage at the World Economic Forum in Switzerland last month and started talking up one of his latest passions: data centers orbiting Earth. “The lowest-cost place to put AI will be space," Musk said.

Subscribe to enjoy similar stories. Elon Musk’s SpaceX is seeking an early boost for shares after the rocket-and-satellite business makes its stock market debut later this year. Advisers for the company, which recently merged with xAI, have reached out to major index providers, including Nasdaq, to discuss how SpaceX and this year’s other hot startups might join key indexes sooner than normal, according to people familiar with the matter.

Subscribe to enjoy similar stories. Sprawling conglomerates fell out of fashion long ago in America. Elon Musk is giving them new life.

Subscribe to enjoy similar stories. Things are never dull in the Musk-onomy. Take Monday.

Subscribe to enjoy similar stories. OpenAI is laying the groundwork for a public listing in the fourth quarter of this year, people familiar with the matter said, accelerating its plans as competition with rival Anthropic intensifies. The $500 billion startup is holding informal talks with Wall Street banks about a potential public listing, people familiar with the matter said, and is growing its finance team.

Subscribe to enjoy similar stories. Bengaluru: India’s artificial intelligence (AI) startups may be drawing growing attention, but some of the country’s richest family offices and ultra-high-net-worth individuals (UHNIs) are placing their biggest bets thousands of miles away—on US-based ‘frontier AI’ and large language model (LLM) building firms that they believe could define the next computing cycle.

Subscribe to enjoy similar stories. So far, the global satellite internet market has been dominated by Elon Musk’s Starlink, an arm of SpaceX. Its main rival, Eutelsat’s OneWeb, has been trailing far behind, as has Amazon’s Project Kuiper.

Subscribe to enjoy similar stories. SpaceX resisted going public for years. Then came the rise of artificial intelligence.

Write to Paul R. La Monica at [email protected] all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Subscribe to enjoy similar stories. A JetBlue plane was en route to Puerto Rico when its pilots got word from air-traffic control they were about to fly through a danger zone. The plane initially went into a holding pattern to stay safe.

Subscribe to enjoy similar stories. Rather than pursue a conventional initial public offering, SpaceX could go public through a merger with wireless phone, TV and satellite company EchoStar. It’s an admittedly an unconventional and seemingly far-fetched idea, but SpaceX’s leader and controlling shareholder, Elon Musk, is a maverick who has succeeded by flouting conventional rules.

Subscribe to enjoy similar stories. Artificial intelligence might turn the world’s most valuable private company into one of the world’s most valuable publicly traded companies in 2026. This, of course, is about Elon Musk’s rocket company SpaceX, which he believes can become an AI player after essentially inventing the modern space business and creating the first killer space application, satellite broadband, enabled by lower launch costs.

Subscribe to enjoy similar stories. SpaceX could be a feast for investors in 2026. Friday, Bloomberg reported that SpaceX had set a secondary share sale, which valued the startup at about $800 billion, citing a company memo.

Subscribe to enjoy similar stories. This year’s largest stock sale wasn’t on the New York Stock Exchange or its uptown rival, the Nasdaq Stock Market. Instead, it was a $40 billion offering by OpenAI that was available to only the investors handpicked by the firm’s executive team, including Sam Altman himself.

Subscribe to enjoy similar stories. Tesla investors got an early Christmas present this past week: a possible stake in a hot initial public offering. Bloomberg reported that Elon Musk’s SpaceX might be headed for a 2026 initial public offering, raising up to $30 billion.

Subscribe to enjoy similar stories. Surging EchoStar stock could have more upside if SpaceX ends up going public in 2026 at anything close to the reported $1.5 trillion valuation that the Elon Musk-controlled satellite, rocket, and space company could seek. EchoStar has become the top SpaceX proxy in the public markets since EchoStar sold wireless spectrum to SpaceX in two separate transactions in September and November for a package of cash and SpaceX stock.

Subscribe to enjoy similar stories. Tesla investors got an early Christmas present: a reason to dream about what might be coming in the new year. Tuesday, Bloomberg reported that Elon Musk’s space technology company SpaceX might be headed for a 2026 initial public offering, raising up to $30 billion in the process.

Subscribe to enjoy similar stories. OpenAI Chief Executive Sam Altman has explored putting together funds to either acquire or partner with a rocket company, a move that would position him to compete against Elon Musk’s SpaceX. Altman reached out to at least one rocket maker, Stoke Space, in the summer, and the discussions picked up in the fall, according to people familiar with the talks.

Subscribe to enjoy similar stories. Elon Musk doesn’t share the spotlight with many people. Donald Trump is one.

Amazon is preparing to launch its first full batch of Project Kuiper satellites next week, marking a crucial milestone in the tech giant's bid to compete with Elon Musk's Starlink. The mission, named Kuiper Atlas 1, will launch 27 satellites using an Atlas V rocket from Cape Canaveral, Florida at 12:00 pm EDT (1600 GMT) on Wednesday, April 9, Amazon said. The deployment will be carried out by the United Launch Alliance (ULA) industrial group, a joint venture between Boeing and Lockheed Martin.

Elon Musk's SpaceX on Monday launchd a crew of four private astronauts led by a crypto entrepreneur on a mission to orbit Earth from pole to pole, a novel trajectory in which no humans have traveled before. Maltese investor Chun Wang, a Chinese-born magnate who founded a bitcoin mining company, is the bankroller and commander of the SpaceX mission, named Fram2, a reference to the Norwegian «Fram» ship that pioneered Arctic exploration at the turn of the 20th century. The four crew members on Monday afternoon were driven to the launchpad in a caravan of Teslas — the electric cars of Musk's other company — winding through the roads of Cape Canaveral, Florida, with a police escort, as a SpaceX Falcon 9 rocket launched overhead in an unrelated Starlink mission. «We're gonna watch a rocket launch while on our way to a rocket launch,» Wang wrote on X, the social media site owned by Musk, alongside a video of a Falcon 9 climbing the skies to space during their drive. The mission, SpaceX's sixth private astronaut flight, is the company's latest novel effort that expands its dominance in the global human spaceflight arena. It comes as Musk's power as SpaceX CEO and the world's richest man soars as he works as a close adviser to U.S. President Donald Trump, a role that has given him extraordinary influence for a businessman over an array of U.S. policy matters.