Eighty residents of towns near SpaceX’s Starbase facility in South Texas have filed a class-action lawsuit alleging that the company’s constant rocket launches are physically destroying their homes. The lawsuit accuses SpaceX of negligence, gross negligence, and trespass based on the Commercial Space Launch Act of 1984. One plaintiff showed Reuters her home in Port […]
SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect the Memphis site to two other data centre campuses located more than 10 […]
SpaceX rang the Nasdaq opening bell on Friday, marking its Nasdaq debut as a public company with the largest IPO on record. It did so in typical fashion. Hours earlier, a Falcon 9 rocket had launched a batch of Starlink satellites into orbit. “What other company would do something like that on the day it […]
SpaceX’s satellite internet service had 10.3 million subscribers at the end of the first quarter of 2026, more than double the 4.4 million it reported a year earlier. That growth rate is extraordinary by any standard in telecommunications, let alone for a business that delivers broadband from orbit. But the S-1 prospectus SpaceX filed ahead of what would […]
SpaceX begins trading on Nasdaq today under the ticker SPCX after raising $75 billion in the largest initial public offering ever completed. The previous record holder, Saudi Aramco’s 2019 listing, raised $29.4 billion, making SpaceX’s offering roughly 2.5 times larger. A regulatory filing on Friday confirmed that Japanese investors accounted for $2.2 billion of the […]
BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Cerebras IPO, the biggest of 2026 so far. SpaceX has told banks it will not budge from its $135 per share […]
The Spanish launch firm says it is the first private operator to commit capital at this scale to the historic Guiana spaceport, with a first MIURA 5 flight still slated for 2026. PLD Space is putting €35m into the launch complex it is building at the Guiana Space Centre in Kourou, the Spanish company announced […]
The US Space Force awarded SpaceX a $4.16 billion contract on Friday to build satellites that track foreign aircraft and missiles. The programme is called Space-Based Advanced Moving Target Indicator, or SB-AMTI. It is part of the Trump administration’s $185 billion Golden Dome missile defence initiative. Two days earlier, the Space Force awarded SpaceX $2.29 […]
