October 1, 2026 9:37 AM

Ukraine urges US to sanction entities supporting Russia’s Starlink rival

Ukraine is urging the United States to impose sanctions on several Russian entities that it says are helping develop Moscow's Rassvet satellite network as a domestic alternative to SpaceX's Starlink, its acting ambassador said on Wednesday. Denys Sienik, deputy chief of mission at the Ukrainian embassy in Washington, told reporters Russia was rapidly expanding the Rassvet satellite network, saying its goal to start operations in 2027 would pose grave risks to Ukraine. "If they launch Rassvet b...

September 29, 2026 11:51 AM

SpaceX’s Starship makes orbital debut deploying Starlinks before early ending

SpaceX's giant Starship rocket reached orbit for the first time on Monday and deployed new Starlink satellites, achieving milestones in its 14th test flight despite an engine failure and a decision to cut the mission short. The uncrewed mission was scheduled to last 10 hours, but was reduced to three after one of Starship's three main engines shut down prematurely following separation from the spacecraft's lower-stage Super Heavy booster rocket. It is unclear how much of a setback Monday's eng...

September 25, 2026 11:47 AM

“Compute in space will round up to 100%”: Elon Musk backs future of AI compute as Google announces Project Suncatcher test launch

Space X and Tesla boss Elon Musk has made a futuristic prediction about compute claiming that most of it will move into outer space. The prediction came as Google announced Project Suncatcher its ‘moonshot’ to put AI in space. Sharing a video featuring Google’s Senior Director, Paradigms of Intelligence Travis Beals, Musk said, “The amount of compute in space will obviously round up to 100% of all compute.” Earlier in a post on X dated September 13, Musk said, “I am highly confiden...

September 25, 2026 11:20 AM

“One small step for TPUs”: Google CEO Sundar Pichai announces Project Suncatcher to test AI compute in Space

Google on Thursday announced that its Project Suncatcher is scheduled to embark on its first test in orbit, launching a prototype satellite to evaluate how Google Tensor Processing Units (TPUs) perform in space. Tensor Processing Unit (TPU) is a custom application-specific integrated circuit (ASIC) designed by Google Cloud to accelerate artificial intelligence and machine learning workloads. Google CEO Sundar Pichai in a post on X said, “Can our TPUs survive and operate in space? Well, we’...

September 1, 2026 4:32 PM

SpaceX to set up turbine blade foundry in Texas to meet AI power demand

SpaceX is building a specialised in-house foundry in Texas to manufacture high-specification gas turbine blades and vanes, as the company looks to address a key bottleneck in power generation needed to meet rising electricity demand from artificial intelligence (AI) data centres. SpaceX CEO Elon Musk confirmed the plan on social media platform X, saying the company and Tesla are working to scale solar panel production but natural gas would remain necessary to meet power requirements for several...

June 12, 2026 9:46 AM

Musk’s SpaceX prices record $75 billion IPO at $135 a share

SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. The IPO raised a record $75 billion on the sale of 555.56 million shares, valuing the space, satellite and AI provider at $1.77 trillion, a record for an initial offering. Thursday’s pricing caps off a months-long effort that realized Musk's most ambitious project yet even as he stood a handful of fina...

June 10, 2026 10:38 AM

NASA taps US astronauts, Italian for Artemis mission with SpaceX, Blue Origin mooncraft

NASA named three U.S. astronauts and an Italian astronaut on Tuesday to serve as the crew for its next Artemis mission, a spacecraft docking demonstration in Earth's orbit next year that will test moon landers from Elon Musk's SpaceX and Jeff Bezos' Blue Origin for the first time in space. NASA Administrator Jared Isaacman at a ceremony in Houston named U.S. astronauts Andre Douglas, Frank Rubio and Randy Bresnik and Italian astronaut Luca Parmitano of the European Space Agency as the crew for ...

June 4, 2026 10:52 AM

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major U.S. IPOs, and reflects Musk’s standing in the financial world as an adventurer with a golden touch - even as the capital raise will value SpaceX at ...

May 22, 2026 9:53 AM

SpaceX scrubs launch of upgraded Starship from Texas, to retry Friday

SpaceX on Thursday scrubbed the launch of its 12th Starship rocket from Texas and said it will attempt the high-stakes test flight again on Friday, as Elon Musk's space company nears a record-breaking public listing. Starship V3, uncrewed and featuring dozens of upgrades tailored for rapid Starlink satellite launches and NASA moon missions, was to be a key test for the vehicle following months of testing delays. It is also poised to affect investor confidence ahead of what might be the biggest...

May 21, 2026 9:39 AM

SpaceX IPO filing lays bare losses and Musk control as it stakes future on AI

SpaceX took the wraps off its IPO filing on Wednesday, laying bare for investors just how much Elon Musk is losing on artificial intelligence while betting the company's future on transforming the rocket maker into an AI powerhouse. Much of its outlook relies on SpaceX dominating technologies and markets that do not yet exist – from Mars missions to AI data centers in space. For many, Musk's record turning Tesla into the most valuable auto company in the world and developing the world's firs...