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Keywords: SpaceX
SpaceX is approaching a potential record-breaking IPO, with investors increasingly valuing the company alongside artificial intelligence infrastructure firms rather than traditional aerospace peers, a shift used to justify a projected $1.75 trillion valuation. According to reports, some institutional......
Anthony Armstrong, appointed xAI CFO in October 2025, left Elon Musk's AI firm after about six months, The Information reported Thursday citing two sources familiar. Armstrong, a former banker who advised Musk on his $44 billion Twitter buyout, oversaw finances for xAI and social media platform X.......
SpaceX has begun installing equipment at its advanced semiconductor packaging facility in Texas, marking a key step toward bringing part of its chip production process in-house, according to sources familiar with the project. The facility, located in Bastrop, is expected to focus on packaging radio......
SpaceX has confidentially filed for an initial public offering with the U.S. Securities and Exchange Commission, according to Bloomberg News, setting the stage for what could become the largest IPO in history. The rocket and satellite company led by Elon Musk is preparing a listing as early as June.......
A new wave of major initial public offerings (IPOs) is expected to reshape Wall Street in 2026, as some of the world’s most valuable private companies prepare to enter the stock market. Among them, SpaceX, led by Elon Musk, is drawing significant attention after reportedly submitting confidential......
SpaceX launched its Transporter-16 rideshare mission Monday morning from Vandenberg Space Force Base in California, sending 119 payloads to a sun-synchronous orbit aboard a Falcon 9 rocket. One of the largest dedicated smallsat rideshare flights in SpaceX history, the mission lifted off from Space Launch......
Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation......
Russia has taken a step toward building its own satellite internet system, launching 16 low Earth orbit satellites as part of the Rassvet constellation, a state backed project designed to compete with SpaceX’s Starlink network. The satellites were deployed on March 23 from the Plesetsk Cosmodrome......
American billionaire Elon Musk has unveiled plans for a groundbreaking project to manufacture electronic chips dedicated to artificial intelligence, robotics, and space-based data centers. The facility, named “Terafab,” will be located near Austin, Texas, with the goal of producing one terawatt......