SpaceX

Musk's comments echo a Wall Street Journal report on Friday, stating that SpaceX has told investors it would prioritise going to the moon first and attempt a trip to Mars at a later time

Elon Musk vowed this week to upend another industry just as he did with cars and rockets -- and once again he's taking on long odds. The world's richest man said he wants to put as many as a million satellites into orbit to form vast, solar-powered data centres in space -- a move to allow expanded use of artificial intelligence and chatbots without triggering blackouts and sending utility bills soaring. To finance that effort, Musk combined SpaceX with his AI business on Monday and plans a big initial public offering of the combined company. "Space-based AI is obviously the only way to scale," Musk wrote on SpaceX's website Monday, adding about his solar ambitions, "It's always sunny in space!" But scientists and industry experts say even Musk, who outsmarted Detroit to turn Tesla into the world's most valuable automaker, faces formidable technical, financial and environmental obstacles. Feeling the heat Capturing the sun's energy from space to run chatbots and other AI tools wou

The SpaceX-xAI deal pushed Elon Musk's net worth past $800 billion, making him the richest person the world has ever seen

Musk is attempting to supercharge his efforts to build more powerful AI systems with help from one of his most successful ventures

SpaceX had been planning an IPO that could raise as much as $50 billion, in what would be the biggest initial share sale to date

Elon Musk's SpaceX is exploring a potential merger with Tesla or AI firm xAI, a move that could reshape its IPO plans and consolidate Musk's business empire

SpaceX's preparations come as markets brace for potential mega US listings by AI giants OpenAI and Anthropic

Unrest across Iran has sharply intensified over the past week, drawing hundreds of thousands to the streets who are calling for the downfall of Supreme Leader Ayatollah Ali Khamenei

Entry of new communications service providers in the form of satcom created a spark in the sector with Elon Musk-led Starlink getting permission to start services but pending security clearance and delay in decision over spectrum pricing have pushed its potential roll out to the next year. Union telecom minister Jyotiraditya Scindia told PTI that satcom services, which were earlier a figment of imagination, will be a reality soon. "We have given out three licences. You are looking at, hopefully, very soon, the pricing norm coming out for administratively assigned spectrum and that satellite technology being also offered in our bouquet of offerings to the public," Scindia said. Entry of Starlink is expected to add to the competition in the premium segment, which is dominated by telecom operators -- mainly Reliance Jio and Bharti Airtel. The government has been making an effort to revive Vodafone Idea (VIL) and BSNL to check the market from getting into a duopoly and continue to keep

SpaceX says a Starlink satellite suffered an in-orbit anomaly, lost communications and vented propellant, releasing debris as it dropped altitude; it will re-enter within weeks

Both SpaceX and Blue Origin hold contracts with Nasa to build lunar landers for the agency's Artemis program

In the letter dated December 12, Johnsen said SpaceX has approved an arrangement where new and existing investors and the company will buy up to $2.56 billion of shares from eligible shareholders

SpaceX has started discussions with banks about launching the offering around June or July, the person said, requesting anonymity to discuss confidential information

Starlink has announced monthly pricing for its residential subscription plan in India, signalling that the satellite broadband service is inching closer to rollout pending final regulatory approvals

The latest figure would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion

Sam Altman explored investing in rocket maker Stoke Space, a move that would have placed him in direct competition with Elon Musk's SpaceX, but the talks stalled

Apple's next-generation iPhones may connect directly to low Earth orbit satellites, offering uninterrupted 5G access even without cellular coverage

Starlink, Elon Musk's satellite internet venture, has leased office space in Mumbai's Chandivali, marking its first physical presence in India as it prepares to launch broadband services

The Elon Musk-owned company has been given temporary permission to use some radio spectrum to test its systems and meet security requirements

Airbus, Leonardo and Thales will merge space businesses, creating a €6.5 billion company with 25,000 employees and cost savings of mid-triple-digit millions