The company says it needs “significant” water resources to cool its data centers, and that access to abundant, affordable water is a challenge.
The company added a warning to prospective investors that a major dilution could be in the cards after it goes public.
The Seoul-based rocket startup is developing its own launch vehicles and engines.
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 G…
On Saturday, at around 2:06 pm ET, a meteor streaked over the northeastern US and exploded north of Cape Cod Bay. The fireball was caught on camera by several people, shook houses, and can even be seen clearly in satellite imagery, lighting up the sky. Some residents initially thought that the shaking and boom may […]
I haven’t seen anything as stupid as the WeWork IPO document in a very long time – that is, until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder. Lots of the top-line […]
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’…
SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing.
The Pentagon awarded SpaceX a $4.16 billion contract to build missile-tracking satellites linked with President Donald Trump’s planned “Golden Dome” defense system, as reported earlier by Bloomberg. In an announcement on Friday, the US Space Force says the sensor-equipped satellites will allow it to detect and track targets from space. The Elon Musk-owned SpaceX – […]
Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg. Chief investment …