SpaceX

As many tech giants pull back on hiring, SpaceX is bucking the trend, actively recruiting brilliant engineers and physicists to expand its AI team, regardless of their background in artificial intelligence. Elon Musk believes that 'smart humans figure it out fast' and is challenging aspirants to demonstrate their extraordinary capabilities through three impactful bullet points.

SpaceX's Starship rocket completed its 12th test flight with a controlled splashdown in the Indian Ocean, despite engine malfunctions and a booster issue. The massive spacecraft deployed mock satellites during its high-risk mission. This crucial test flight advances SpaceX's lunar ambitions for NASA's Artemis program and comes amid reports of a potential IPO.

SpaceX's potential IPO is sparking concerns among Tesla investors. They fear Elon Musk's focus might shift from the EV maker to his space venture, impacting Tesla's growth. With SpaceX potentially valued at $1.75 trillion, it could offer a purer AI and innovation bet, raising the bar for Tesla's ambitious projects like robotaxis and humanoid robots.

SpaceX's Starlink is emerging as the company's financial powerhouse, eclipsing other divisions in growth and profitability. The satellite internet unit generated $11.39 billion in revenue last year, accounting for 61% of total sales and was the sole profitable division. This financial success is crucial for funding Elon Musk's ambitious long-term visions, including Mars colonization and orbital AI data centers.

SpaceX is aggressively seeking top engineering and physics talent for its new SpaceXAI division, with Elon Musk personally reviewing applications. This recruitment drive follows SpaceX's filing for a massive IPO, revealing ambitious plans in AI infrastructure and orbital computing.

SpaceX postponed its Starship V3 megarocket launch on Thursday due to multiple countdown issues, now targeting Friday for the highly anticipated test flight. This mission is crucial for SpaceX as it prepares for NASA's Artemis IV lunar mission and eyes a potential IPO.

Elon Musk has refuted claims that Starlink increased fees for Pentagon drones during the 2026 US-Iran conflict, calling the report "bs" and attributing it to a former AWS employee. The Pentagon also denied the report, stating SpaceX remains a valued partner and the claims are not based in reality.

Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for a monumental IPO, potentially the largest in Wall Street history. The company's $1.25 trillion valuation could significantly boost Musk's net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.

SpaceX is preparing for a historic IPO, aiming for a $1.75-$2 trillion valuation and seeking to raise $75 billion by June 2026. Despite significant revenue growth from Starlink, the company reported substantial losses in 2025 and Q1 2026, largely due to heavy investments in its new AI unit following the xAI acquisition.

SpaceX made $19bn, lost $5bn, and is asking investors to find $2trn of value somewhere between Starlink, AI, Mars and vibes

America's largest public pension funds are voicing serious concerns over SpaceX's planned IPO governance. They argue that Elon Musk's proposed super-voting shares and control provisions could significantly weaken shareholder protections and grant him excessive, potentially unfireable, power. These funds are urging SpaceX to revise its structure before going public.

SpaceX is urging the FCC to end a $4.5 billion fund that subsidizes rural broadband. The satellite internet company argues its services have already solved the connectivity gap by offering fast, competitive rates nationwide. SpaceX believes these legacy programs are now redundant due to technological advancements and increasing competition.

Elon Musk's close friend, Antonio Gracias, who once lent $1 million to a struggling Tesla, stands to gain billions from SpaceX's upcoming IPO. Gracias's firm, Valor Equity Partners, holds a significant stake, potentially worth over $90 billion. However, recent equipment lease deals between SpaceX and Valor, involving AI infrastructure, have raised corporate governance concerns and scrutiny over related-party transactions.

Amazon is acquiring Globalstar for $11.6 billion, including Apple's 20% stake, to build a next-generation direct-to-device satellite constellation. This move intensifies competition with SpaceX's Starlink Mobile, aiming to provide voice, text, and data connectivity to smartphones without specialized hardware, even in challenging conditions.

SpaceX's deal with AI firm Anthropic for supercomputing clusters is a six-month lease. Elon Musk stated this arrangement allows SpaceX to reclaim computing power if needed. SpaceX is also exploring offering AI compute services to other companies. This move signals a broader strategy to commercialize its infrastructure beyond long-term commitments to single clients.

Elon Musk's SpaceX is preparing for a massive IPO, aiming to raise $75 billion to fund ambitious space exploration goals, including Mars colonization. Despite reporting a $2.6 billion operational loss last year, the company's Starlink network is a significant profit driver. Musk's compensation is tied to achieving futuristic milestones, potentially making him the world's first trillionaire.

OpenAI CEO Sam Altman expressed skepticism about the practicality of orbital data centers, suggesting underwater infrastructure might be more feasible. This comes as Elon Musk's SpaceX and Google reportedly explore space-based computing projects, driven by the surging demand for AI infrastructure and the strain on traditional data centers.

Elon Musk's compensation deal with SpaceX reportedly links his pay to colonizing Mars, potentially worth trillions. This structure aims to ensure his long-term leadership and focus on making humanity multi-planetary, rather than short-term financial gains. Musk confirmed the necessity of this approach, emphasizing the mission's immense value and difficulty.

American Airlines is equipping over 500 narrowbody aircraft with SpaceX's Starlink satellite internet, aiming to provide passengers with high-speed Wi-Fi by early 2027. This upgrade will support streaming, gaming, and video meetings, enhancing the in-flight experience for domestic and short-haul international routes.

The Indian VCs behind Silicon Valley’s two new religions – SpaceX and OpenAI

NASA has tapped Jeff Bezos's Blue Origin for the initial phase of its ambitious moon base project. Three uncrewed missions, starting in 2026, will pave the way for a long-term human presence, potentially leading to a semi-permanent lunar outpost. This move intensifies the competition with SpaceX in the race to explore and inhabit the Moon.

Investment adviser Barrett Linburg proposed a tax strategy for Elon Musk to defer gains from potential SpaceX share sales post-IPO. The plan involves reinvesting profits into a Qualified Opportunity Fund to build infrastructure at Starbase or finance the Terafab site, potentially deferring taxes until 2032 and eliminating future appreciation taxes.

A new wave of tech IPOs is poised to create a generation of employee millionaires, mirroring past Silicon Valley booms. Companies like SpaceX, OpenAI, and Stripe are preparing for public listings, with valuations in the billions, offering significant payouts to their equity-rich staff.

Elon Musk navigates a complex relationship in China, where his EV ventures are lauded but his SpaceX satellite network raises military concerns. While celebrated as a social media icon, Tesla faces increasing competition from domestic automakers, potentially dimming Musk's influence.