Norway wealth fund reveals $1.22 billion SpaceX stake
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
Norway’s $2.3 trillion sovereign wealth fund has revealed a 0.05 per cent stake in SpaceX worth $1.22 billion, marking its first reported holding in Elon Musk’s space company.
Scientists say the accidental crash of a discarded SpaceX rocket stage into the moon has provided valuable data on impact cratering while posing no threat to Earth or lunar hardware.
Elon Musk's X accused Australia of trying to give its internet regulator unfair information-gathering powers and undermining U.S. law with plans for tougher enforcement of a teen social media ban.
SpaceX successfully launched its Starship megarocket on its 13th flight test Friday, deploying 20 next-generation Starlink V3 satellites and completing a soft splashdown of the spacecraft in the Indian Ocean.
Scientists have identified a planetary system in the Milky Way unlike anything seen before, leaving astronomers debating how to classify one of its unusual worlds. The discovery challenges long-held definitions of planets, moons and stars.
SpaceX's Starship rocket aborted its 13th flight test just seconds before liftoff in Texas on Thursday after some of its 33 engines failed to start. CEO Elon Musk said the company is likely to make another launch attempt early next week.
Rocket Lab has agreed to acquire Iridium Communications in an $8 billion deal, giving the space company a global satellite communications network and accelerating its expansion beyond launch services. The acquisition marks a major step in its ambition to become a fully integrated space business.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
NASA has named three American astronauts and one Italian astronaut to fly on its Artemis III mission, a major orbital test planned for late next year that will evaluate lunar landing vehicles developed by SpaceX and Blue Origin.
The United Kingdom has begun using SpaceX's Starshield satellite network for military operations, according to people familiar with the matter, marking one of the first known deployments of the secure government-focused system outside the U.S.
Jeff Bezos’ space venture suffered a dramatic launchpad explosion during a hot-fire test, delaying plans to compete with Elon Musk’s SpaceX in lunar and satellite missions.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
SpaceX has completed a successful test flight of Starship V3, the largest and most powerful rocket in history.
Financial documents released on Wednesday (20 May) ahead of SpaceX going public - in what is expected to be Wall Street’s biggest ever listing - revealed the firm made operating losses of $1.94 billion, despite Elon Musk being tipped to become the world’s first trillionaire.
Elon Musk’s SpaceX will have to improve its reliability before receiving approval for its target 10,000 launches annually within five years, Bryan Bedford, Head of the U.S. civil aviation agency, the Federal Aviation Administration (FAA), has said.
Elon Musk took the stand on Tuesday (28 April) at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving.
The U.S. aviation regulator has ordered billionaire Amazon founder Jeff Bezos’s space company Blue Origin to ground its New Glenn rocket pending an investigation into a malfunction that prevented the proper deployment of a communications satellite during a launch from Florida on Sunday (19 April).
Elon Musk did not appear before French prosecutors on Monday after being formally summoned for questioning in an investigation into the alleged misuse of his social media platform X.
Blue Origin, the U.S. space company of billionaire Amazon founder Jeff Bezos, successfully reused and recovered a booster for its New Glenn rocket launched from Florida on Sunday (19 April), in the latest chapter of its intensifying rivalry with Elon Musk’s SpaceX.
NASA announced on Tuesday it has cancelled plans to deploy a space station in lunar orbit and will instead use components from the project to build a $20 billion base on the moon's surface, while also planning to send a nuclear-powered spacecraft to Mars.
A SpaceX Falcon 9 rocket launched early on Friday, 13 February, from Cape Canaveral, Florida, carrying four astronauts and cosmonauts on an eight-month mission to the International Space Station (ISS). The Crew-12 team includes two Americans, a French astronaut and a Russian cosmonaut.
Elon Musk’s rocket company SpaceX has acquired his artificial intelligence firm xAI, as the billionaire moves to bring more of his technology businesses under one structure.
A SpaceX capsule carrying a four-member crew home from orbit in an emergency return to earth necessitated by an undisclosed serious medical condition afflicting one of the astronauts splashed down safely early on Thursday (15 January) in the Pacific Ocean off California.
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