SpaceX awarded $6.45B in Space Force contracts ahead of IPO

SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing.

SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites
SpaceX gets $4 billion contract to build missile-tracking ‘Golden Dome’ satellites

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 – […]

A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance

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 …

Blue Origin’s massive New Glenn rocket explodes in a fiery blaze during tests

Blue Origin’s New Glenn rocket is gone, its only launchpad is potentially unsalvageable, and the company has no confirmed timeline for returning to flight.

Blue Origin explosion is a major setback for NASA’s Moon plans and Amazon’s Starlink competitor
Blue Origin explosion is a major setback for NASA’s Moon plans and Amazon’s Starlink competitor

While Blue Origin investigates the root cause behind last night’s spectacular explosion of its New Glenn rocket, it’s already clear that this will be a major setback for NASA’s Moon base plans and Amazon’s fledgling Leo space internet constellation. The incident occurred at about 9PM at Blue Origin’s Florida launch site during a hot-fire test, […]

SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week
SpaceX has cut its IPO valuation target to $1.8 trillion as marketing begins next week

SpaceX is targeting a valuation of at least $1.8 trillion in its initial public offering, down from the $2 trillion-plus it was aiming for as recently as April, according to Bloomberg. The target was adjusted after consultations with advisers and inves…

Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline
Blue Origin’s New Glenn rocket exploded on the launch pad, destroying its only pad and threatening Amazon’s satellite deadline

Blue Origin’s New Glenn rocket exploded during a static fire test at Cape Canaveral Space Force Station on Thursday night, sending a fireball into the sky and destroying the vehicle along with critical launch pad infrastructure. The explosion occurred …

Blue Origin’s New Glenn rocket explodes during testing in Florida

The explosion is likely a major setback for Jeff Bezos’ spaceflight company, and its attempt to compete with SpaceX.

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FAA orders SpaceX to investigate Starship V3 booster failure

Starship is grounded until SpaceX finds out why the first V3 booster failed during its first test flight.