SpaceX plans to invest $2 billion in Elon Musk’s xAI startup, according to reports.
Investment in AI Company Xai by SpaceX Kevin O’Leary, the chairman of O’Leary Ventures, recently addressed various topics, including Zohran Mamdani’s win in the NYC mayoral race, the connection between President Donald Trump and Elon Musk, and the significance of policies emerging from the “big beautiful bill” alongside the TikTok issue. SpaceX has reportedly invested […]
SpaceX Starship bursts into a large fireball during a test at the Texas location.
On Wednesday night, Elon Musk’s SpaceX Starship erupted in a massive fireball during routine testing, reminiscent for nearby residents who, just moments later, felt their homes shake from the force of the blast. The explosion, which occurred shortly after 11 PM local time, was tied to the preparations for the 10th flight test of Ship […]
White House examines SpaceX agreements as Trump-Musk conflict continues, according to sources
Earlier this month, the White House instructed the Department of Defense and NASA to examine billions of dollars tied to the SpaceX contract following a fallout between President Trump and billionaire Elon Musk. The administration is reportedly pushing for a close look at existing contracts with the company, possibly in preparation for any retaliatory measures […]
Border State in Mexico Calls for Inquiry into SpaceX Over Pollution on the Beach
Officials in the Mexican border state of Tamaulipas have called for a federal investigation into SpaceX after fragments of one of the company’s rockets washed ashore, raising concerns about contamination of local beaches. Karina Lises Sardiva, the director general for urban development and the environment, stated that she would request the federal authorities to look […]
Reasons SpaceX has a promising future as a government contractor despite the Musk-Trump split
Elon Musk and President Trump recently parted ways publicly, a move that might benefit SpaceX’s future. It seems that both figures, however, still rely on each other to maintain their respective trajectories in the industry. Trump has focused on building numerous spy satellites and enhancing internet access for rural regions, relying on private companies, and […]
Elon Musk criticizes Steve Bannon as ‘a criminal’ after podcast host encourages Trump to take control of SpaceX.
Elon Musk Criticizes Steve Bannon in Ongoing Trump Feud Elon Musk recently labeled Steve Bannon a “criminal,” escalating their conflict, as he urged the former White House strategist to seize control of Musk’s SpaceX. In a post on social media, Musk reacted to Bannon’s call for Trump to invoke the Defense Production Act, suggesting that […]
Elon Musk reveals retirement of SpaceX Dragon spacecraft during conflict with Trump
Elon Musk Responds to Trump’s Comments on SpaceX Elon Musk recently stated that SpaceX is set to retire its Dragon spacecraft in light of potential changes to government contracts under President Donald Trump’s administration. On Thursday, Trump took to Truth Social, saying, “The easiest way to save money on budgets, billions, billions of dollars is […]
Elon Musk anticipates SpaceX earnings will exceed $15 billion by 2025.
This year, Elon Musk’s SpaceX has reported revenues reaching approximately $15.5 billion. Musk emphasized on Tuesday that this reflects the increasing influence of rocket manufacturers in the commercial space industry. He mentioned that next year’s commercial revenue from SpaceX will surpass NASA’s budget, which is around $1.1 billion. He shared this update on social media. […]
Elon Musk will dedicate constant attention to X, Tesla, and SpaceX while scaling back his role in DOGE.
Elon Musk’s Focus on Work After X Suspension Elon Musk announced on Saturday that he will be dedicating himself to his work “24/7” following a significant suspension on X, impacting tens of thousands across the U.S. and more globally. “Back to spending 24/7 at work and sleeping in a meeting/server/factory room,” he posted on X. […]
Following two challenges, SpaceX may attempt to launch its large Starship next week.
SpaceX Plans Another Launch Attempt for Starship SpaceX announced on Friday its intention to launch its colossal spacecraft next week. The company stated on its website that the ninth flight test for the Starship will take place on Tuesday, May 27th, starting at 6:30 PM local time (2330 GMT) from a Texas launch site. Two […]