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Space Force Awards $4.16B OTA to SpaceX for SB-AMTI Program
U.S. Space Force awards $4.16 billion OTA to SpaceX for SB-AMTI to deliver space-based airborne target tracking by 2028. The multi-vendor approach accelerates resilient global sensing for the Joint Force amid contested airspace challenges.
SpaceX Launches Starship on Second Try After Scrub
SpaceX launched its Starship rocket on Friday after scrubbing the prior day's attempt due to technical issues. The 12th test flight advances the fully reusable vehicle's role in Starlink expansion, satellite deployment and NASA's 2028 moon mission plans ahead of the company's expected $75 billion IPO.
Launch Tower Issue Scrubs First Starship V3 Flight Attempt
A hydraulic pin on the Starbase launch tower umbilical failed to retract, scrubbing SpaceX’s first Starship V3 attempt 40 seconds before liftoff on Thursday. The redesigned vehicle is central to NASA’s lunar ambitions ahead of China, expanded Starlink and orbital data center plans, and precedes the company’s anticipated IPO.
SpaceX Positions AI as Future Tentpole in S-1 Filing
SpaceX has designated AI as the primary driver of its future in its S-1 filing preceding an expected IPO, estimating a $26.5 trillion addressable market after absorbing xAI to oversee Grok. The ambitious pitch arrives as Grok substantially trails ChatGPT, Claude, and Gemini in both consumer paid usage and corporate adoption.
SpaceX Files S-1 for What Could Be Biggest IPO Ever
SpaceX has filed its S-1 prospectus with the SEC, initiating what could be the largest IPO ever with a Nasdaq listing under ticker SPCX. The disclosure reveals $18.67 billion in 2025 revenue driven by Starlink, losses exceeding $4.9 billion, $20.7 billion in capital expenditures, and Musk retaining 85 percent control.
SpaceX Targets May 20 Launch for Starship V3 Debut
SpaceX is targeting May 20 for the debut launch of Starship V3 from its new Pad 2 at Starbase. The upgraded vehicle triples payload capacity to more than 100 metric tons, enables scaled in-orbit refueling for NASA Artemis lunar missions, and advances Musk's Mars settlement plans tied to a potential $7.5 trillion valuation.
SpaceX and Tesla File for $119B TERAFAB Facility in Texas
SpaceX and Tesla filed notice in Grimes County, Texas for TERAFAB, a joint semiconductor and computing facility projected to cost $119 billion overall with $55 billion required in early phases. The plant would manufacture custom silicon for Tesla's FSD and Optimus programs plus SpaceX orbital datacenters, using Intel's 14A process at a site near Gibbons Creek Reservoir that could scale to terawatt computing output; Musk noted on May 6, 2026 it is one of multiple locations under review as the county considers tax abatements.
SpaceX Targets May 19 for Starship V3 Debut from Pad 2
SpaceX is targeting no earlier than May 19 for Flight 12, the debut of Starship V3 and Launch Pad 2 following a successful integrated tanking test. The suborbital mission will test redesigned vehicles, Raptor 3 engines, hot staging, an enhanced heat shield and new Starlink simulators as the company works toward supporting the Artemis 3 mission in 2027.
FCC Approves EchoStar Spectrum Deal for SpaceX Starlink Direct-to-Device
The FCC has approved SpaceX's acquisition of 65 MHz of spectrum from EchoStar plus regulatory waivers, enabling commercial Starlink direct-to-device service on unmodified phones. This step provides the contiguous spectrum and network integration needed for reliable coverage beyond cell tower reach.
SpaceX Prepares Record Sixth Cargo Dragon Flight to ISS
SpaceX is scheduled to launch CRS-34, its 34th Commercial Resupply Services mission to the ISS, carrying 6,500 pounds of science and supplies aboard a Cargo Dragon making its sixth flight. The milestone flight underscores growing reuse in the Dragon-2 program ahead of docking on Thursday.
SpaceX set for NROL-172 launch of NRO satellites
SpaceX will launch NROL-172 on May 11 with NRO intelligence satellites on a Falcon 9 from Vandenberg. The mission advances the agency's proliferated satellite constellation under a new U.S. Space Force contract.
Starlink Shuts Down Access to GPS Alternative Feature
SpaceX will end access to Starlink’s hidden positioning feature on May 20, 2026, after notifying users in April. Interest in satellite-based navigation alternatives keeps rising as GPS interference incidents multiply worldwide.
Elon Musk Absorbs xAI into SpaceX as SpaceXAI Division
Elon Musk stated on X that xAI will no longer exist as a standalone company after full absorption into SpaceX, where it will run as the SpaceXAI division overseeing X, Grok and all AI products. The final restructuring step integrates artificial intelligence throughout multiple organizations to support space-based data centers while uniting hardware and software for faster development.
SpaceX Seeks Tax Breaks for $55 Billion Texas AI Chip Plant
SpaceX plans a $55 billion Terafab AI chip plant in Austin, Texas, with potential expansion to $119 billion. The project aims to support massive computing power for AI, robotics, and space data centers.
Anthropic Secures Full Colossus 1 Capacity from SpaceX
Anthropic signed a deal to use all compute capacity at SpaceX’s Colossus 1 data center, securing more than 220,000 Nvidia GPUs within a month. The agreement boosts Claude services and arrives weeks before SpaceX’s planned IPO, strengthening its position as an AI infrastructure provider.
OKX to Launch Perpetual Futures Tracking OpenAI, SpaceX, Anthropic Valuations
OKX announced plans for perpetual futures contracts linked to the valuations of OpenAI, SpaceX, and Anthropic. This move enables speculation on private tech company values through crypto derivatives, following similar offerings from Bitget and Injective.
Tesla discloses $573M in Musk empire transactions
Tesla's amended 10-K/A filing discloses $573 million in revenue from SpaceX and xAI, plus expenses to other Musk companies. The SEC submission offers the clearest view yet of transactions across Musk's corporate empire.