SpaceX Financial News

Elon Musk’s SpaceX has initiated discussions about selling insider shares at a price that values the closely held company at $175 billion or more, according to people familiar with the matter.

When the Center for Strategic and International Studies simulated a war between the U.S. and China over Taiwan, the wargame ended with Taiwan still free, at grievous cost. The U.S.

South Korea has launched its first military spy satellite, a little over a week after rival North Korea claimed to put its own spy satellite into orbit for the first time

North Korea has begun reconnaissance satellite operations, state news agency KCNA said on Sunday, after the country launched its first military spy satellite last month in a move that drew new sanctions from the U.S. and its allies. The new satellite operations office at the Pyongyang General Control Centre of the National Aerospace Technology Administration (NATA), started to discharge its mission on Saturday and will report acquired information to the reconnaissance bureau at the army and other major units, KCNA said. North Korea says it successfully launched its first military spy satellite on Nov.

Amazon on Friday said it booked three Falcon 9 launches with Elon Musk's SpaceX to help deploy the ecommerce giant's Project Kuiper satellite network, tapping a rival in the satellite internet business for its multi-billion dollar launch campaign. Amazon aims to build Kuiper as a constellation of 3,236 satellites in low Earth orbit to beam broadband internet globally and compete with SpaceX's Starlink network, which already has some 5,000 satellites providing nearly global coverage.

Amazon.com Inc. has entered into an agreement with its competitor SpaceX for three launches using Elon Musk's Falcon 9 rocket, this move allows Amazon to secure additional capacity for deploying its internet-from-space satellites into orbit, Bloomberg reported. As disclosed on its website last Friday, Amazon.com Inc.

Tesla has handed over its first Cybertrucks to its new owners. The Cybertrucks were handed over at an event organized at the company's headquarters in Austin, Texas.

DOGE-1, a Dogecoin-funded SpaceX moon mission, has received a key regulatory approval from the National Telecommunications and Information Administration.

Narendra Modi and US President Joe Biden—expanding collaboration on emerging space technologies. Nelson added that the two national space agencies have formed a joint working group on human spaceflight collaboration, which will work on upcoming human space missions, as well as other space research projects. The India-US space collaboration will also work on a major satellite—the Nasa-Isro Synthetic Aperture Radar (Nisar).

SpaceX's Falcon 9 rocket had been scheduled to take place at California's Vandenberg Air Force Base in the United States. The South Korean Defence Ministry said in a brief statement on Tuesday the launch was delayed due to weather conditions. Ministry officials said the launch was tentatively rescheduled for this Saturday but it wasn't a fixed date.

By Dan Williams and Howard Goller

Palestine's Gaza. On Monday, Israel said that it had reached an agreement in principle for using his SpaceX company's Starlink communications in the Gaza Strip. Prime Minister Benjamin Netanyahu is also due to meet Musk on Monday to discuss the security aspects of artificial intelligence and hold a live online discussion, Netanyahu's office said.

Elon Musk landed in Tel Aviv on Monday, beginning a visit during which Israeli leaders plan to bring his attention to the plight of hostages held in war-torn Gaza and discuss rising antisemitism online, Reuters reported. Israeli President Isaac Herzog's office on Sunday announced that Musk would be coming to meet the head of state.

JERUSALEM (Reuters) — Elon Musk, the tech entrepreneur accused by civil rights groups of amplifying anti-Jewish hatred on his X social media platform, will meet Prime Minister Benjamin Netanyahu and President Isaac Herzog in Israel on Monday, Channel 12 TV said on Sunday.

Elon Musk had an "emotional" reunion with his father Errol as they met for the first time in seven years, a report said. The two reportedly met soon after the historic first successful launch of SpaceX’s Starship rocket last Saturday. Describing the reunion, Errol Musk's ex-wife Heide Musk told the Sun: "The family cried.

De.Fi, a platform that describes itself as a “SocialFi & Antivirus SuperApp,” has achieved a major milestone with the introduction of decentralized finance (DeFi) platform De.Fi 2.0, along with an ongoing public sale of its DEFI token.

North Korea fires unspecified ballistic missile off its east coast, 12th this year Japan will work with the United States, South Korea and others to "strongly urge" North Korea not to go ahead with the launch, Kishida said. North Korea had attempted to launch what it called spy satellites twice earlier this year but failed, and South Korean officials have said in recent days that it appeared set to try again soon.

SpaceX launched its mega rocket Starship but lost both the booster and the spacecraft in a pair of explosions minutes into a second test flight

Elon Musk's Boring Company to join the operations? In Uttarakhand, the Silkyara tunnel collapsed on November 12, trapping around 41 men. A rescue operation for these trapped workers was put on hold on November 19 as the agencies were involved in preparing for the next stage by adopting multiple approaches to reach the men trapped for the past few days. Track | Uttarkashi tunnel collapse LIVE Updates: International tunnel expert Arnold Dix reaches Silkyara tunnel site In order to rescue the 41 trapped men, Tehri Hydroelectric Development Corporation was going to start 'micro tunneling' on Sunday night on the Char Dham route from the Barkot end of the under-construction tunnel.

Elon Musk-owned company's Starbase launch site near Boca Chica in Texas, boosting the Starship spacecraft roughly 55 miles (90 km) above ground on a planned 90-minte flight into space. But the rocket's Super Heavy first stage booster, though it appeared to achieve a crucial maneuver to separate with its core Starship stage, exploded over the Gulf of Mexico shortly after detaching, a SpaceX webcast showed.

SpaceX is poised Saturday for the second test launch of Starship, the largest rocket ever built that Elon Musk hopes will one day colonize Mars, while NASA awaits a modified version to land humans on the Moon. It comes after a first attempt to fly the spaceship in its fully-stacked configuration back in April ended in a spectacular explosion over the Gulf of Mexico. SpaceX has insisted that explosions during the early stages of rocket development are welcome and help inform design choices faster than ground tests — though time is ticking down for a modified Starship to be ready for a planned lunar landing in 2025. Blast off from the company's Starbase in Boca Chica, Texas, is set for 7:00 am local time (1300 GMT) with a launch window of 20 minutes. The event will be live streamed on both SpaceX's website and on X, the social media platform owned by Musk. When the two stages of Starship are combined, the rocket stands 397 feet (121 meters) tall — beating the Statue of Liberty by a comfortable 90 feet. Its Super Heavy booster produces 16.7 million pounds (74.3 Meganewtons) of thrust, almost double that of the world's second most powerful rocket, NASA's Space Launch System (SLS) — though the latter is now fully operational. Both systems are designed to be fully reusable, a key element of SpaceX's design meant to greatly reduce costs.