Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. The deal will combine Rocket Lab’s launch services and spacecraft manufacturing with Iridium’s satellite-based communications network, putting it in a better position to challenge SpaceX. Iridium offers communications services to over 2.5 […]
Most rocket companies buy their fuel. SpaceX wants to pipe it in. Filings in Texas show the company plans to build its own natural gas pipeline, an unusual move for a space firm, and a telling one. SpaceX calls the line Starpipe. It would run eight mil…
The Federal Trade Commission has cleared Elon Musk to acquire Mesh Optical Technologies, a startup founded by three former SpaceX engineers who build optical transceivers for AI data centers. The FTC granted early termination of its antitrust review on…
Mesh came out of stealth in February with a $50 million Series A.
SpaceX may be preparing its boldest Starlink expansion yet. Instead of just supporting mobile carriers, it could soon become one, and that could shake up the entire wireless industry.
Every satellite company eventually looks down at the much larger market on the ground, and SpaceX appears ready to make the move. The company has told investors it plans to launch a Starlink mobile service for US consumers, the Financial Times reported…
Right now he’s merely a several-hundred-billionaire, according to Bloomberg’s Billionaires Index.
New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.
SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The company is seeking to raise between $20 billion and $2…
Reflection AI will pay SpaceX $150mn a month for Nvidia chips at Colossus 2, a deal worth roughly $6.3bn by 2029. The SpaceX Reflection AI deal puts Nvidia on both sides of the trade. SpaceX has signed another giant compute tenant. This time it is Refl…