SpaceX has appointed longtime Elon Musk ally Roelof Botha as an independent director and audit committee member days after its record IPO. The move adds a key Sequoia Capital figure to a board where Musk holds overwhelming voting control.
Musk controls more than 82 percent of voting rights at SpaceX and owns shares worth over $1 trillion, a governance structure that limits outside shareholders' influence.
Botha becomes the latest longtime Musk ally to join the board of one of his companies.
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NASA awarded SpaceX a $946 million contract for three more crewed missions to the ISS, bringing the company's total under the deal to 17 flights through 2030 and the contract value to $5.92 billion. The expansion helps NASA sustain access to the station while Boeing prepares its Starliner for crewed operations.
SpaceX has delayed the first orbital Starship flight from September 22 to September 28 pending regulatory approval. The mission will attempt to place 26 V3 Starlink satellites into a 275 km orbit and marks a key milestone after the program's initial test flight in 2023.
The Boring Co. raised $3 billion in a funding round led by the United Arab Emirates, achieving a $23 billion valuation to support its tunnel projects. The financing highlights the company's shift toward Middle East growth while its sole operational loop remains in Las Vegas amid stalled U.S. plans and local opposition.
NASA and SpaceX are targeting a 7:26 AM EDT Sunday liftoff of a Falcon Heavy from Kennedy Space Center carrying the Nancy Grace Roman Space Telescope. The observatory will travel to Sun-Earth L2, where its Wide Field and Coronagraph instruments will search for exoplanets and study dark energy.
SpaceX has completed its $60 billion acquisition of AI coding startup Cursor, granting the company access to the world's largest GPU fleet for lower-cost model development. The deal, which began with an April partnership and follows SpaceX's merger with xAI, has already produced Grok 4.5 and 4.6 focused on coding and real-world tasks.
