SpaceX

SpaceX is telling investors it wants to launch its own Starlink mobile service for US consumers, and people familiar with the matter say it could be a bigger move than expected. According to the Financial Times, four people familiar with the matter say SpaceX President and COO Gwynne Shotwell told investors during a recent IPO...

SpaceX shares surged on their first day of trading Friday, with the stock climbing as much as 30% in midday trading to around $175.50 a share, pushing the company's market valuation to roughly $2.3 trillion. The stock opened at $150 US, about 11% above its $135 IPO price, though that was still below the $175...

The Ontario Teachers' Pension Plan (OTPP) is sitting on what could be a huge payday from an early bet it made on Elon Musk's SpaceX, which is gearing up for a blockbuster IPO next week. According to a report by The Globe and Mail, the Toronto-based pension fund could see its original investment balloon into...

It is now official. SpaceX has acquired xAI, confirming an earlier report by Bloomberg, marking some big news on Monday afternoon. The announcement was posted on the SpaceX website on February 2, with Elon Musk outlining a somewhat crazy and ambitious plan to move large-scale AI computing into space. According to Musk, today’s AI systems...

Elon Musk is moving to combine his rocket company, SpaceX, with his artificial intelligence startup, xAI, according to people familiar with the matter, reports Bloomberg. The discussions come as the financial burden of building high-end AI systems continues to escalate, forcing Musk to look for ways to pool resources across his business empire. People close...

SpaceX's Starlink is planning a major change to how its satellites orbit Earth, with the goal of making space safer. Yesterday on New Year’s Day, Michael Nicolls, VP of Starlink Engineering at SpaceX, said the company will begin lowering thousands of satellites to a lower orbit over the course of the year (via Tesla North)....

SpaceX, OpenAI and Anthropic are preparing for potential IPOs in 2026 that could reshape markets, and set new public listing records.

Apple is reportedly developing new satellite features for the iPhone and its Apple Watch, including developing an API for developers.

Canadian satellite firm MDA Space says its contract with EchoStar Corporation has been cancelled after the U.S. company agreed to sell wireless spectrum to Elon Musk’s SpaceX for $17 billion US, mainly to power the future of Starlink and satellite 5G service. So that new Starlink play from today had implications for a Canadian company....

One Canadian internet company's CEO endorses Starlink and says concerns against SpaceX's satellite internet service are "absolute rubbish"

SpaceX completed its fifth Starship test flight on Sunday, making history by successfully "catching" the reusable Super Heavy booster

Starlink's direct-to-cell service will not be available in Canada until late 2025, according to recent updates from Elon Musk and SpaceX officials. Musk confirmed on August 31 that Starlink’s mobile phone internet service will first roll out exclusively with T-Mobile in the United States for the initial year, followed by partnerships with other carriers worldwide....