SpaceX revenue surges as Starlink and AI drive growth
SpaceX has reported a sharp rise in quarterly revenue, fuelled by strong demand for its Starlink satellite internet service and rapid growth in its artificial intelligence (AI) business.
SpaceX has reported a sharp rise in quarterly revenue, fuelled by strong demand for its Starlink satellite internet service and rapid growth in its artificial intelligence (AI) business.
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'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.
A federal judge has ordered Elon Musk to testify under oath in two proposed class-action lawsuits accusing him of misleading voters in swing states with his $1 million-a-day giveaway ahead of the 2024 U.S. election.
Tesla has been sued by the family of a 76-year-old Texas woman who was killed when a driver using the company’s Model 3 driver-assistance system crashed into her suburban Houston home, according to a lawsuit filed Tuesday (23 June).
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.
Canada’s Privacy Commissioner has found that xAI’s Grok chatbot and its parent company X Corp. violated federal privacy law by launching an AI image-generation tool without adequate safeguards, enabling the creation and distribution of non-consensual sexualised deepfakes.
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.
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.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 19th of May, covering the latest developments you need to know.
A U.S. jury has ruled against Elon Musk in his lawsuit against OpenAI, finding the company not liable over claims it had abandoned its original mission to benefit humanity.
A high-powered lawyer representing Elon Musk attacked the personal and professional credibility of OpenAI CEO Sam Altman on Thursday, as a landmark federal trial in California nears its conclusion.
A federal judge on 7 May ruled that the Trump administration’s cancellation of hundreds of humanities grants under the Department of Government Efficiency (DOGE) was unconstitutional and amounted to “blatant viewpoint discrimination”.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 29th of April, covering the latest developments you need to know.
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.
A pivotal trial that could shape the governance of artificial intelligence begins Tuesday in California, as Elon Musk and Sam Altman face off over OpenAI’s shift to a for-profit model.
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.
You can download the AnewZ application from Play Store and the App Store.