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The Latest Breaking News from SpaceX

The Crunch: Climate refugees, visualising Elon Musk’s wealth, and the many ways to analyse the World Cup

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The Guardian - AU

SpaceX stock price drop: Why is SpaceX share price crashing? Elon Musk-led over $2-trillion company could loss $150 billion

SpaceX share price drop: Shares of other U.S. space companies were also down. Rocket ⁠Lab and ‌Planet Labs dropped around 3 per cent, while AST SpaceMobile and Intuitive Machines declined around 7 per cent and 3 per cent, respectively.

The Economic Times

Quote of the day by SpaceX CEO Elon Musk: "One of the biggest mistakes we made was trying to automate things that are super easy for a person to do" — remarks on where automation got it wrong

Elon Musk has been a central figure in the AI and robotics build-out, with his company Tesla being one of the key players in the modern landscape

TechRadar

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Landmark $211M tax-break deal could trump SpaceX’s deal in South Texas

Following SpaceX’s arrival in 2014, another large technology company is eyeing South Texas, once known as the poorest area in Texas.

The Texas Tribune

US stocks: US market's indexes advance with boost from chips, Iran optimism

U.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate hikes. Intel surged to a record high after President Trump announced a deal for U.S.-based chip design and manufacturing. Oil prices slid as the U.S. and Iran extended an interim agreement,…

The Economic Times

SpaceX bankers prepare for bond sale of at least $20 billion

SpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows its record initial public offering. The funds will refinance a significant bridge loan. This is SpaceX's first foray into issuing investment-grade US dollar bonds. The company is…

The Economic Times

SpaceX launches new batch of US spy satellites from California (video)

SpaceX launched the latest batch of spy satellites for the U.S. government early Friday morning (June 19).

Space

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Space startups seek insurance for orbital AI data centers

Companies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Securing insurance is vital for these ventures to move from concept to reality. Insurers are beginning discussions about coverage for these advanced…

The Economic Times

AST SpaceMobile Shares Rise on Successful Bluebird Satellite Launches. What This Means for ASTS Stock.

AST SpaceMobile's next cadence of satellites is also set to launch soon.

Barchart

3 Space ETFs for a Timely Investment

SpaceX's launch could give a big boost to other firms in the space industry, and some of these ETFs are already capitalizing.

MarketBeat

Michael Burry Skips SpaceX Short Bet Over Expensive Options Pricing

Michael Burry passed on betting against SpaceX stock, citing pricey options. Here is what the "Big Short" investor said about the company's near-$3 trillion valuation.

Barchart

Why Rocket Lab’s Nasdaq-100 Moment Could Change the Story

Rocket Lab is being added to the Nasdaq-100 Index effective June 22, a milestone that triggers mandatory share purchases from passive funds and ETFs tracking the benchmark.

MarketBeat

Wall Street veteran father, orthodontist mother: How Indian-American Aman Sanger's parents shaped his billion-dollar career

Long before Aman Sanger became one of the youngest billionaires in the artificial intelligence industry, the foundations for his success were being laid at home.

The Times of India

NASA announces its Artemis III crew, which will test important equipment and systems in Earth orbit and is testing public opinion

Over the span of a few short months in 2026, NASA’s Artemis III mission lost its original purpose, but gained a crew and some controversy over its composition.

The Conversation

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International Business Times UK

Trillionaire Elon Musk Makes $6.4 Billion Every Time SpaceX Stock Rises by $1

Elon Musk's net worth surpassed $1 trillion as the SpaceX stock gained 27% since debuting last week, with the trillionaire forecasting $1 trillion in revenue by 2031.

The Economic Times

$15 billion game-changer: Reliance Jio readies for a big bang in space

Reliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and extending its telecom dominance into space. This ambitious project, potentially costing $10-15 billion, seeks to bolster India's digital sovereignty and reduce reliance on foreign infrastructure, positioning Jio as a major global player.

The Guardian - AU

Gina Rinehart says Australia should give Elon Musk islands to launch satellites into space

Billionaire also tells summit land could be given to skilled Israelis to build ‘advanced war drones’, according to Hancock Prospecting notes

The Economic Times

The future of AI may be small, cheap and unprofitable: Joachim Klement

A groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust systems found in data centers. This pivotal change may drive down costs and profit margins for industry leaders such as Anthropic and OpenAI. Nvidia’s cutting-edge desktop AI technology serves…

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The Economic Times

SPACs stage comeback as mega IPOs crowd market

Special-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. This renewed relevance comes as a more mature SPAC market emerges, offering a quicker path to public markets with greater certainty on valuation and timing, especially for companies seeking to avoid…

Barchart

ASTS Stock Pops as AST SpaceMobile Launches Bluebird Satellites

AST SpaceMobile stock rallied today on the successful launch of BlueBird 8,9, and 10 satellites. But does that warrant buying ASTS shares today?

Barchart

The Biggest IPO in History Just Put Space Stocks on the Map. Here Are the Ones Built to Win.

SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.

Barchart

SpaceX Stock Is Already Priced for Perfection. If You Buy Now, It Could Take 15 Years to Pay Off.

SpaceX's $2 trillion valuation prices in a flawless 15-year growth scenario, leaving no room for further stock upside as the current price already reflects a future $1.5 trillion space market.

Kiplinger

Dow Falls 507 Points as Fed Chair Warsh Speaks of Price Stability: Stock Market Today

Stocks slide as interest rates remain the same and Fed Chair Kevin Warsh starts writing a shorter song for the biggest central bank in the world.

Fortune

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

The Times of India

Who is Aman Sanger? Indian-American MIT graduate whose AI startup could boost his net worth to $2.6 billion after Cursor's $60 billion SpaceX deal

At just 25, Aman Sanger has gone from an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition by SpaceX.

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