SpaceX

SpaceX targets $75 billion IPO at $135 a share, valuing firm at $1.75 trn

The rocket and satellite communications company hoped to raise at least $75 billion, at a valuation of $1.75 trillion

Updated On: 03 Jun 2026 | 8:38 AM IST

SpaceX, OpenAI windfall fuels fresh bets on next-wave Asian AI winners

The listings of SpaceX, OpenAI and Anthropic may mean a total of $70 billion in AI spending on top of the more than $750 billion already committed by the biggest hyperscalers

Updated On: 31 May 2026 | 6:28 AM IST

Danish pension fund blacklists SpaceX over 'catastrophic governance'

SpaceX, which submitted its IPO filing on May 20, is expected to start formal marketing of its offering next month

Updated On: 30 May 2026 | 12:00 PM IST

Best of BS Opinion: Quad relevance, fuel pricing, and a Cockroach Party

From the implications of warming US-China ties and the future of the Quad to fuel-pricing reforms, SpaceX governance and youth discontent, here are today's key opinion pieces

Updated On: 30 May 2026 | 6:15 AM IST

SpaceX lowers IPO valuation target to at least $1.8 trillion

SpaceX is targeting a valuation of at least $1.8 trillion in its IPO, potentially making it the largest public offering in history

Updated On: 29 May 2026 | 10:53 PM IST

Founder supremacy is eroding the discipline of corporate governance

It's not an accident that Apple's Steve Jobs, maybe the greatest of all high-tech founders and CEOs, had no need to shelter behind bespoke extra protections

Updated On: 29 May 2026 | 10:29 PM IST

SpaceX Starship rockets grounded pending probe into test flight mishap

SpaceX Starship launches are on hold pending an investigation into last week's test flight. The Federal Aviation Administration announced on Wednesday that the hourlong spaceflight resulted in a mishap based on the performance of the mega rocket's first-stage booster. Minutes after Starship blasted off from Texas on Friday, the booster separated as normal but engines conked out as it made its way back to Earth. Instead of a controlled splashdown in the Gulf of Mexico, the booster came in hard. There were no reports of injury or property damage, according to the FAA, which will oversee the company's investigation. The spacecraft continued around the world, releasing 20 mock satellites before ending the mission as planned with a fiery splashdown in the Indian Ocean. The 407-foot (124-metre) rocket is SpaceX CEO Elon Musk's biggest and most powerful Starship yet, designed to carry crews to Mars. NASA is looking for it to land astronauts on the moon as soon as 2028 and help build a lun

Updated On: 28 May 2026 | 6:44 AM IST

Eyes in the sky: SpaceX is aiming to make history on Wall Street

SpaceX has set aside provisions of over $500 million for potential legal liabilities as it fights a long list of cases

Updated On: 25 May 2026 | 11:28 PM IST

SpaceX launches its biggest, most beefed-up Starship yet on test flight

SpaceX launched its biggest, most powerful Starship yet on a test flight Friday, an upgraded version that NASA is counting on to land astronauts on the moon. The redesigned mega rocket made its debut two days after SpaceX CEO Elon Musk announced he's taking the company public. It blasted off from the southern tip of Texas, carrying 20 mock Starlink satellites for release halfway around the world. It's the 12th test flight of the rocket that Musk is building to get people to Mars one day. But first comes the moon and NASA's Artemis program. The last of the old space-skimming Starships lifted off in October. SpaceX's third-generation Starship -- a souped-up version dubbed V3 -- soared from a brand-new launch pad at Starbase, near the Mexican border. Last-minute pad issues thwarted Thursday evening's launch attempt. SpaceX was hoping to avoid the fireworks it experienced during back-to-back launches last year when midair explosions rained wreckage down on the Atlantic. Earlier flights

Updated On: 23 May 2026 | 6:57 AM IST

SpaceX halts Starship test flight launch less than a minute before liftoff

SpaceX got within a half-minute of launching its newest and biggest Starship on a test flight Thursday evening before a cascade of problems halted the countdown. The 407-foot (124-metre) rocket was poised to begin a space-skimming journey from Texas extending halfway around the world. But issues cropped up with the brand-new pad at Starbase near the Mexican border, and the company ran out of time. SpaceX CEO Elon Musk later said the hydraulic pin holding the launch tower's arm in place did not retract. If the problem can be fixed quickly, another launch attempt will be made Friday, he noted. Thursday's launch attempt came one day after Musk announced that his rocket company would be going public. Starship holds 20 mock Starlink satellites to be released before the spacecraft's controlled entry into the Indian Ocean at the end of the hourlong flight. It will be the 12th test flight for a Starship and the first since last fall. NASA is relying on this latest version of Starship to l

Updated On: 22 May 2026 | 7:00 AM IST

Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans

The filing showed that SpaceX has been aggressively investing in artificial intelligence (AI), Starlink satellites and future space missions

Updated On: 21 May 2026 | 10:48 PM IST

Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch

SpaceX could file publicly for a record-breaking IPO next week at a valuation exceeding $2 trillion

Updated On: 18 May 2026 | 11:11 PM IST

SpaceX signs deal giving Anthropic access to powerful AI supercomputer

Anthropic is expected to leverage this expanded compute capacity to enhance performance and availability for its premium offerings, including Claude Pro and Claude Max subscribers

Updated On: 07 May 2026 | 6:46 AM IST

Jeff Bezos shakes up Blue Origin staff incentives ahead of SpaceX IPO

Bezos's efforts to make staff incentives more competitive come on the back of an intensifying rivalry between Blue Origin and Elon Musk's SpaceX

Updated On: 06 May 2026 | 10:44 AM IST

Foxconn launches second-generation satellites via SpaceX Falcon 9

The company's PEARL-1A and PEARL-1B satellites entered their intended orbits and will conduct on-orbit missions for five years, it said

Updated On: 03 May 2026 | 4:41 PM IST

At Elon Musk's SpaceX, AI is burning the cash that Starlink earns

While SpaceX's outlay is super-sized by most measures, it is dwarfed by Silicon Valley rivals

Updated On: 24 Apr 2026 | 10:26 PM IST

SpaceX IPO filing shows Elon Musk to retain control via supervoting shares

Though Musk was paid $54,080 last year, according to the excerpts, he stands to gain billions in equity after the company's stock market debut

Updated On: 21 Apr 2026 | 11:00 PM IST

The architecture of autonomy: How 'Muskism' is remaking the global order

A new book frames "Muskism" as a system blending tech power, state dependence and libertarian rhetoric, shaping a disruptive and unequal political economy

Updated On: 19 Apr 2026 | 10:07 PM IST

Starlink's India entry delayed as FDI clearance faces security concerns

Starlink's FDI proposal on hold as govt flags security risks; approval may depend on clarity from Starlink and its ability to address concerns over potential misuse of satellite services

Updated On: 18 Apr 2026 | 1:39 PM IST

Starlink outage hit drone tests, exposing Pentagon's reliance on SpaceX

If there was no Starlink, the US government wouldn't have access to a global constellation of low earth orbit communications

Updated On: 16 Apr 2026 | 11:11 PM IST