Spacex

Musk plans solar-powered AI data centres in space but doubts remain

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

Elon Musk hits record $800 billion net worth after SpaceX-xAI merger

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

Musk's xAI merger with SpaceX poses bigger threat to OpenAI, Anthropic

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

Elon Musk merges SpaceX with his AI business at $1.25 trillion valuation

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 weighs merger with Tesla or xAI ahead of IPO plans

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

Elon Musk's SpaceX lines up four Wall Street banks for mega 2026 IPO

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

Elon Musk's Starlink goes free in Iran as internet blackout continues

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

Satcom, Vodafone Idea survival, frauds keep telecom sector abuzz in 2025

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

In rare space mishap, Musk's Starlink loses contact with satellite in orbit

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

Nasa chief fuels SpaceX-Blue Origin rivalry as US eyes return to moon

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

SpaceX prepares for IPO, insider share sale sets $800 billion valuation

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

Musk's SpaceX to raise over $25 billion, plans IPO in 2026: Report

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

Starlink unveils monthly home plan pricing in India: Here's the breakdown

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

SpaceX to offer insider shares at record-setting valuation of up to $800 bn

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

Did Altman eye a SpaceX rival? What we know about the Stoke Space talks

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 iPhone 18 Pro models may support full 5G satellite connectivity

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

Starlink leases office space in Mumbai as India satellite rollout nears

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

Starlink plans 9 earth stations across India ahead of satcom launch

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

European space push: Airbus, Leonardo, Thales join forces in €6.5 bn deal

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

SpaceX launches 11th test flight of Starship, aims to cover half the globe

SpaceX launched another of its mammoth Starship rockets on a test flight Monday, striving to make it halfway around the world while releasing mock satellites like last time. Starship the biggest and most powerful rocket ever built thundered into the evening sky from the southern tip of Texas. The booster was programmed to peel away and drop into the Gulf of Mexico, with the spacecraft skimming space before descending into the Indian Ocean. Nothing was being recovered. It was the 11th test flight for a full-scale Starship, which SpaceX founder and CEO Elon Musk intends to use to send people to Mars. NASA's need is more immediate. The space agency cannot land astronauts on the moon by decade's end without the 403-foot (123-meter) Starship, the reusable vehicle meant to get them from lunar orbit down to the surface and back up. Instead of remaining inside Launch Control as usual, Musk said that for the first time, he was going outside to watch much more visceral. The previous test