Politics and China Risks Could Complicate Potential SpaceX-Tesla Merger
A potential merger between Elon Musk’s SpaceX and Tesla could face significant political and geopolitical challenges, despite limited antitrust concerns in the United States. Musk recently described the proposed combination as “a good idea,”...
SpaceX and Tesla Earnings Put Musk’s AI Spending and Merger Speculation in Focus
SpaceX and Tesla are set to report their third-quarter results on consecutive days this week, offering investors a rare opportunity to compare the financial performance of Elon Musk’s two most valuable companies as merger...
Telecom Stocks Slide as SpaceX Spectrum Deal Sparks Competition Fears
US and European telecommunications stocks tumbled on Friday after SpaceX’s acquisition of low-band spectrum intensified concerns over competition from satellite-based mobile services. T-Mobile US, Verizon and AT&T fell between 5.5% and 7.4% in premarket...
UK Spends Nearly $40 Million on SpaceX Military Satellite Services
Britain has spent nearly $40 million on SpaceX satellite services, deepening its reliance on Elon Musk’s company for military communications amid growing European concerns about dependence on U.S. security infrastructure. The UK Ministry of...
Blue Origin’s New Glenn Rocket Explodes During Launchpad Test
Blue Origin suffered a major setback in its efforts to compete with SpaceX after its uncrewed New Glenn rocket exploded during a hot-fire test at Cape Canaveral, Florida, on May 28. The rocket, which...
NASA Overhauls Artemis Plan, Adds 2027 Test Mission Before 2028 Moon Landing
NASA Administrator Jared Isaacman has announced a major restructuring of the agency’s Artemis moon program, conceding that the original plan to land astronauts on the lunar surface in 2028 was not feasible without an...
SpaceX’s Starship rocket lifts off for inaugural test flight but explodes midair
On Thursday, SpaceX’s Starship, the most powerful rocket ever built, had its first test flight from a launchpad in South Texas. However, it exploded midair before stage separation. The Super Heavy rocket booster, which...