Elon Musk’s rocket company said its capital expenditures jumped nearly seven times from a year ago. Revenue also rose.
Category: Starlink Satellite Constellation (SpaceX)
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SpaceX’s Spending on A.I. Soars, In First Results After I.P.O.
The New York Times – Business: -
The High-Stakes Battle for Invisible Real Estate in Space
The New York Times – Business:As radio spectrum becomes more valuable, companies like SpaceX are jostling alongside governments to control more of it.
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SpaceX’s Unconventional Corporate Arrangements Favor Elon Musk
The New York Times – Business:The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
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Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The New York Times – Business:The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
The New York Times – Business:An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
The New York Times – Business:Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
The New York Times – Business:Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the investment just before xAI was acquired by SpaceX, Mr. Musk’s rocket company.
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Iran Turns to Digital Surveillance Tools to Track Down Protesters
The New York Times – Business:As Iranian authorities restore some online services after crushing antigovernment demonstrations, they are using a technological dragnet to target attendees of the protests.
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How Activists in Iran Are Using Starlink to Stay Online
Activists spent years preparing for a communications blackout in Iran, smuggling in Starlink satellite internet systems and making digital shutdowns harder for the authorities to enforce.
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Starlink Users in Iran Get Free Internet Access, Nonprofit Says
Under a near-total communications blackout, users of Elon Musk’s satellite service have gotten online without paying, an organization that works on web access said.
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SpaceX’s Next Big Launch Could Be an I.P.O.
Elon Musk’s rocket and satellite giant is already planning a stock sale at an $800 billion valuation. Going public could put it in the trillion-dollar club.