Spacex

SpaceX to set up Turbine Blade Foundry in Texas to Meet AI Power Demand

Commercial space firm SpaceX is constructing a specialised in-house foundry to manufacture high-spec gas turbine blades and vanes, CEO Elon Musk confirmed. Confirming the plans on social media platform X, Musk on Saturday noted that while SpaceX and Tesla are racing to scale solar panel production, natural gas remains necessary to bridge power demands for several years. The strategic expansion targets a severe supply chain bottleneck that has stalled power generation required for artificial intelligence (AI) data centres across the United States. A turbine blade foundry is a specialised manufacturing facility that uses advanced casting techniques to produce high-precision turbine blades and vanes for jet engines, aerospace systems and power-generation gas turbines. "The limiting factor for nat gas turbine production is casting the blades & vanes," Musk stated. "By doing in-house casting at SpaceX, we can accelerate nat gas turbines coming online by up to 18 months, which is a ...

SpaceX set to launch Nasa's $4.3 bn dark energy-hunting space telescope

Perched on top of SpaceX's powerful Falcon Heavy rocket, Nasa's Nancy Grace Roman Space Telescope is slated to lift off at 7:26 a.m. local time from Cape Canaveral, Florida

Russian-speaking cybercriminals hacked 7 firms using SpaceX's Cursor AI

The cybercriminals' AI-boosted hacking spree is the latest example of how rogue actors are using commercial AI tools to carry out intrusions.

Blue Cloud kicks off $150-mn technology deal with SpaceX International

The 18-month project covers enterprise AI compute infrastructure, cybersecurity, telecommunications and data centre solutions, with billing set to begin this quarter

Elon Musk pitches Starlink as way to connect 'least served' in rural India

SpaceX founder Elon Musk has pitched Starlink's satellite internet services as a way to connect underserved parts of India, particularly rural areas. "Starlink would help the least served in India, especially in rural areas," Musk said in a social media post on Wednesday local time. He was responding to a post by X account DogeDesigner, which also pushed for Starlink Services in India to connect remote villages. "11,256 of India's listed villages still had no 4G coverage as of May 2026," DogeDesigner said. "India had 1.093 billion internet subscriptions in March 2026, but only 440.87 million were rural. Rural subscription density was 48.31 per 100 people, compared with 126.80 in urban India," it said. Musk's comments came amid reports that Starlink has made a fresh application to offer satellite communication services in India. The Indian National Space Promotion and Authorisation Centre had earlier rejected Starlink's application for its Gen 2 satellite network, saying some of i

Nasa images show 60-foot-wide crater on moon after SpaceX rocket crash

A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket. The space agency released before-and-after photos of the impact area on Tuesday. The Falcon rocket's upper stage plowed into the moon at 5,400 mph (8,700 kph) on Aug. 5 after drifting through space for more than a year. It launched a pair of private moon landers with experiments and even a tiny rover in 2025 as part of NASA's push to commercialize lunar exploration. Based on these new photos by NASA's Lunar Reconnaissance Orbiter, the fresh crater appears to be 60 feet (18 meters) across and less than 10 feet (3 meters) deep, according to scientists. Dark and bright streaks are clearly visible emanating like butterfly wings from the crater. The darker lines represent excavated material that was close to the surface and shaped by eons of solar wind, cosmic rays and micrometeorite strikes. The brighter rays indicate fresh rocks and dirt that were hurled from farth

Family offices amass $3.8 billion SpaceX bet in boost for Elon Musk

More than a dozen family offices held a total of at least $3.8 billion in the company officially known as Space Exploration Technologies Corp. through the first half of 2026, filings show.

India is opening its satellite market, but wants room for local players

India is considering a single-window system to speed up satellite approvals while preparing rules to prevent global NGSO operators from making it harder for local constellations to enter the market

Elon Musk's SpaceX completes $60 billion acquisition of AI startup Cursor

The deal became effective on Aug. 14, according to a regulatory filing, two months after SpaceX formally announced it had agreed to acquire the company.

Vietnam's VinSpace inks deal with SpaceX to launch first satellites in 2027

Vietnamese aerospace company VinSpace said Tuesday it has signed a contract with SpaceX to send its first satellites into orbit aboard a SpaceX rideshare mission in 2027, as the Southeast Asian nation moves to develop its nascent space industry. VinSpace will launch its satellites on a SpaceX Transporter rideshare mission run by Elon Musk's company, which carries satellites from multiple customers on a single rocket to share launch costs, it said in a statement. The satellites, which VinSpace said it will develop and operate, will test the company's technology in orbit and support future commercial applications. VinSpace is part of Vietnam's Vingroup conglomerate and was established in November 2025. The company said in April that it planned to develop and launch its first satellites in 2027. Founded by tycoon Pham Nhat Vuong, Vingroup is Vietnam's largest privately owned company. It has a sprawling business empire that touches many aspects of daily life, from real estate and retai

SpaceX shares surge 16%, near $135 IPO price again after $327 billion rally

Elon Musk-led company's stock has gained 23% in two sessions, adding over $327 billion to its market value despite lockup restrictions ending

SpaceX to build $16.8 billion chip plant in Texas, create over 3,000 jobs

Aerospace major SpaceX and electric vehicle maker Tesla are investing USD 16.8 billion to build 'Terafab', an advanced AI semiconductor complex in Texas, designed to narrow a looming gap in global chip supply, according to official statements. The first phase of the vertically integrated, 100-million-square-foot facility in Grimes County, Texas, will create at least 3,000 high-paying jobs for engineers, technicians, and plant operators, with future expansion phases expected to push total investment significantly higher, SpaceX said in a statement on its website on Thursday. "The Terafab is bringing cutting-edge manufacturing to America, creating thousands of high-paying jobs in the Lone Star State, and enabling us to produce AI chips at scale for use on Earth and in space," SpaceX Founder and CEO Elon Musk said in the statement. The mega facility aims to meet an anticipated requirement of over one terawatt of computing power for Musk's ventures. The plant will make, package, and tes

South Korean satellite captures first images of SpaceX rocket crash on moon

A South Korean satellite has captured the first pictures of the moon's fresh crash scene caused by a stray SpaceX rocket. The Korea Aerospace Research Institute's Danuri spacecraft flew over the impact site soon after the Falcon 9 upper stage inadvertently plowed into the moon on Wednesday. Danuri made multiple passes, snapping photos from lunar orbit that were released by the space agency Thursday. The terrain is noticeably darker where the rocket hit and carved out a crater, sending dust and rock everywhere. Korean space officials said Danuri gathered before and after shots. NASA expects its Lunar Reconnaissance Orbiter to fly over the crash site next week to view the aftermath. Elon Musk's SpaceX launched Danuri from Cape Canaveral in 2022. The company also sent a pair of private lunar landers to the moon last year. The upper stage from that launch is what crashed into the moon this week at 5,400 mph (8,700 kph), placed on an accidental collision course by solar activity and ..

Why SpaceX shares fell despite blockbuster earnings | Elon Musk | Business News

SpaceX delivered stronger-than-expected quarterly revenue in its first earnings report as a listed company. But instead of celebrating, investors focused on something else: the company's massive.

SpaceX's shares fall, AI splurge puts damper on first earnings after IPO

SpaceX shares fell after the company disclosed a sharp rise in AI spending, overshadowing stronger-than-expected revenue in its first earnings report after listing

SpaceX eyes AT&T, Verizon, T-Mobile customers with mobile service

The three biggest operators - AT&T Inc., Verizon Communications Inc. and T-Mobile US Inc. - generate hundreds of billions of revenue per year, SpaceX President said

Elon Musk dismisses report of Tesla's potential China business sale

Tesla and SpaceX merger can raise geopolitical hurdles, particularly in ​China, because SpaceX is a major US defence contractor while Tesla operates wholly owned manufacturing facilities in China

SpaceX tightens supply chain rules, excludes Chinese nationals, components

SpaceX is carrying out detailed supplier audits and asking partners worldwide not to deploy Chinese nationals at factories making products for the company

Nvidia forms 37-member AI safety alliance with Microsoft, SpaceX, Palantir

US companies leading the AI race, including OpenAI, Anthropic and Google, are not part of the founding alliance.

Tesla's profit falls even after record sales: Is Elon Musk's empire cracking?

Tesla's profit falls even after record sales: Is Elon Musk's empire cracking?