With a fully stacked Starship on the pad awaiting a license to launch, SpaceX has seemingly lost its patience with the regulatory process governing its rockets. The company is calling on the Federal Aviation Administration (FAA) to increase its efficiency in issuing launch licenses, according to media reports.
Stoke Space’s goal to develop the world’s first fully reusable rocket just got a major boost, as a hefty new $100 million investment pushes the aerospace startup’s total funding to $175 million.
The Bezos-Musk rivalry intensifies this week as Amazon gears up for the launch of two demo internet satellites. This marks the beginning of the Amazon billionaire’s 3,236-satellite-strong megaconstellation that might one day compete with Musk’s leading space-based service, SpaceX—with “one day” being the operative…
Rocket Lab’s 41st mission, named “We Will Never Desert You,” ended in failure after its Electron rocket suffered an unspecified anomaly two and a half minutes after launch.
While traditional giants like Northrop Grumman and United Launch Alliance continue to contribute to space exploration with decades of experience, a new wave of ambitious and pioneering companies is rising.
Update: August 29, 8:13 a.m. ET: ULA announced last night through an emailed statement that the launch has been postponed indefinitely because of the approaching Hurricane Idalia, which was just recently upgraded from a tropical storm and is expected to make landfall in Florida on Wednesday morning. ULA also said in…
Following back-to-back annual losses, SpaceX has reportedly turned a profit during the first quarter of the year despite an increase in costs as the company continues to spend on its unproven Starship rocket, which has not flown.
California-based Rocket Lab—the company voted most likely to compete with SpaceX—appears to be tinkering with its Neutron blueprints, as new artwork suggests.
SpaceX’s worth is nearing $150 billion after signing a share sale agreement with new and existing investors this week.
