Elon Musk Becomes First Person to Surpass $850 Billion in Net Worth
Elon Musk becomes the first person ever to amass a net worth exceeding $850 billion.
space industry
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SpaceX Acquires xAI in Landmark Deal to Merge Space and Artificial Intelligence
SpaceX has officially announced the acquisition of Elon Musk’s artificial intelligence company xAI, framing the move as a step toward accelerating humanity’s technological future. The deal brings together space infrastructure and AI development under a single corporate umbrella.
SpaceX Valuation Could Reach $1.4 Trillion After IPO
SpaceX could reach a $1.4 trillion valuation after an IPO, nearly doubling its current private market estimate.
SpaceX Taps Wall Street Giants for IPO Valued at $1.5 Trillion
SpaceX has selected Goldman Sachs, JPMorgan, Bank of America, and Morgan Stanley to lead its initial public offering, expected in the second half of 2026. With an estimated valuation of $1.5 trillion, the listing could become the largest IPO in history.
Blue Origin Introduces TeraWave Network With Speeds Up to 6 Tbps
Blue Origin introduced its TeraWave satellite communications network, promising data speeds of up to 6 terabits per second for enterprise clients. The constellation is set for deployment by 2027, positioning it as a high-capacity rival to Starlink.
Elon Musk Becomes First Person With Net Worth Above $600 Billion After SpaceX Valuation Surge
Elon Musk has become the first individual in history to surpass a $600 billion net worth after a major increase in SpaceX’s valuation, pushing his fortune to unprecedented levels.
SpaceX Targets Late-2026 IPO as Valuation Forecast Climbs Toward $800 Billion
SpaceX has informed investors it aims for a late-2026 IPO, as new funding discussions could lift its valuation toward $800 billion.
Sam Altman Explores Multi-Billion-Dollar Deal to Build a Rival to SpaceX
Sam Altman is exploring a multi-billion-dollar deal with Stoke Space as he pursues a long-term plan to build a competitor to SpaceX.
Blue Origin’s New Glenn Rocket Launches Mars Mission and Lands Booster for First Time
Blue Origin launches its New Glenn rocket on a Mars mission and lands the booster for the first time.