SpaceX is entering the space production industry.
SpaceX is entering a new domain as it transforms space launch systems and telecommunications. Elon Musk’s company is now developing an initiative called Starfall, which supports manufacturing in space. This strategy sets SpaceX apart from other companies, especially those envisioning civilian space stations serviced by spacecraft like Crew Dragons. The plan involves using capsules designed […]
Trump Administration Seeks Additional Partners for Golden Dome Missile Defense Aside from SpaceX
As tensions rise between President Trump and Elon Musk, the Trump administration is exploring options beyond SpaceX for partnerships, including Amazon’s Project Kuiper and other defense contractors. The Trump administration is adapting its strategy for the development of a $175 billion Golden Dome Missile Defense Shield. Amid escalating friction between Trump and SpaceX CEO Elon […]
SpaceX, led by Elon Musk, transfers Bitcoin assets for the first time in three years.
Simply put SpaceX is consolidating its Bitcoin holdings, valued at $153 million, into a single wallet, according to Arkham Intelligence data. Private companies generally hold 8,285 Bitcoin, which is about $990 million in total. This movement comes amid some public disputes with former President Donald Trump, leading to increased concern among investors regarding SpaceX. According […]
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 […]