Tag: spacex

SpaceX investors ask about Starship, AI, Starlink and a pink rocket as Elon Musk prepares for the company’s first earnings call as a public company. (Pexel/Representative image) (Pexel)
Posted in Business

Why are SpaceX investors asking Elon Musk to paint Starship pink?

SpaceX is preparing for its first earnings call as a public company, with the call expected to take place on Tuesday, August 4. Investors would…

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FILE PHOTO: Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. REUTERS/Evan Vucci/File Photo (REUTERS)
Posted in Business

Elon Musk’s vision of the future

ELON MUSK, in his telling, is a modern-day Cassandra—better than most at predicting the future, but doomed to be disbelieved. “People don’t realise that what…

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Skyroot Aerospace joins small group of companies capable of orbital launches
Posted in Startups

Skyroot Aerospace joins small group of companies capable of orbital launches

Hyderabad-based unicorn Skyroot Aerospace became the first Indian private company to reach orbit on Saturday, launching Vikram-1, marking a significant milestone for the country’s commercial…

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Space startups seek insurance for orbital AI data centers
Posted in Startups

Space startups seek insurance for orbital AI data centers

Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon…

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SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut
Posted in Startups

SpaceX set to surge past $2 trillion valuation in blockbuster Nasdaq debut

SpaceX was on course to blow past $2 trillion in market valuation in its Nasdaq debut on Friday, reflecting the frenzy for the Elon Musk-led…

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At $135, SpaceX’s $1.77 trillion valuation — about $1.8 trillion on a fully diluted basis — ranks it among the 10 most valuable public companies in the world. (REUTERS)
Posted in Business

2.5 times more than Saudi’s Aramco: How big is SpaceX’s $75 billion IPO?

SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon…

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Elon Musk's SpaceX is seeking $75 billion in fresh funding as it prepares for what could become the largest IPO in history. (AFP)
Posted in Business

Will SpaceX’s IPO fund life on Mars, and a trillionaire?

SpaceX is launching history’s biggest public listing, propelling Elon Musk‘s wealth into the stratosphere. DW explores whether the firm’s out-of-this-world ambitions are truly cosmic or…

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FILE PHOTO: A 3D-printed miniature model of Elon Musk and a SpaceX logo are seen in this illustration created on January 23, 2025. REUTERS/Dado Ruvic/File Photo (REUTERS)
Posted in Business

Wall Street’s undignified SpaceX mania

“THE ICK”, a term popularised by Gen-Z daters, refers to the loss of romantic interest after a trifling but embarrassing behaviour by a crush. Admirers…

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Vehicles drive past a SpaceX Falcon 9 rocket displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California. (AFP)
Posted in Business

SpaceX IPO fever sparks hunt for proxy plays in Asia

SpaceX’s $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk’s rocket company that…

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SpaceX denied fast track to S&P 500 after IPO
Posted in Startups

SpaceX denied fast track to S&P 500 after IPO

SpaceX has been denied a fast track into the S&P 500 when the rocket and satellite company goes public, in a ruling that cuts off…

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