Elon Musk puts $2 trillion SpaceX on the line with Starship's first orbital flight
Elon Musk says Starship will reach orbit for the first time on Sept. 28, carrying 26 Starlink V3 satellites, the first revenue-generating cargo for the rocket.
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Elon Musk says Starship will reach orbit for the first time on Sept. 28, carrying 26 Starlink V3 satellites, the first revenue-generating cargo for the rocket.
Elon Musk says his new "palace" is an Airstream trailer parked at xAI's Memphis supercomputer site, where he is personally helping the expansion.
SpaceX closed 6.4% higher on Thursday, clearing $150 a share and restoring a $2 trillion market value for the first time since early July, as a broad technology rally and an Oppenheimer target increase lifted Elon Musk's rocket and satellite company.
Elon Musk's SpaceX completed the largest startup acquisition in history when it bought Cursor for $60 billion, but the deal came pre-loaded with a cybersecurity breach that Russian-speaking hackers had already used to compromise seven companies.
Elon Musk's SpaceX has announced a $100 billion launch complex on Pecan Island in Louisiana covering 125,000 acres, with construction starting in 2027 and the first Starship launch targeted for 2029.
Elon Musk says SpaceX will reach $1 trillion in revenue by 2030, but with analysts forecasting just $44.6 billion this year, Amazon may claim the milestone first.