SpaceX
Facts
- HQ
- United States
- Sectors
- Aerospace, Space Technology, Data Center / Infrastructure
- Founded
- 2002
- Employees
- 10000
- Stage
- Private
Kyle Kuzma to Launch Venture Capital Fund as He Enters 10th NBA Season
Kyle Kuzma, entering his 10th NBA season, plans to launch his own venture capital fund after working as an angel investor, reflecting his 'hustler' mentality during a business-focused offseason.
LegendSpace (Linjie Hangtian) raises $29.5 million angel round to use AI to shorten rocket engine development
LegendSpace (Linjie Hangtian), a six-month-old Chinese startup using AI to accelerate rocket engine development, raised $29.5 million in an angel funding round, the company announced in Helsinki.
Skyroot Aerospace's Vikram-1 Reaches 450 km Orbit on July 18, Making India Third Country with Private Orbital Rocket
Skyroot Aerospace's Vikram-1 successfully reached a 450 km low Earth orbit on July 18, making India the third country with a privately built orbital rocket; the Hyderabad startup, valued at $1.1 billion, plans two more test flights before commercial service in 2027.
New VC Players—Spark Capital, Gigafund and Greenoaks—Win Big Backing Long-Private AI Firms Including Anthropic
A new generation of venture-capital investors — including Spark Capital, Gigafund and Greenoaks — is reshaping Silicon Valley by backing long-duration private companies like Anthropic, investing patiently through multiple rounds and capturing outsized gains as IPOs from firms such as SpaceX and anticipated debuts from Anthropic and OpenAI transform the investing landscape.
Singularity Raises $80M Series A at $400M Valuation to Mass-Produce Low-Cost Air-Defense Interceptors
Los Angeles startup Singularity emerged from stealth with an $80M oversubscribed Series A at a $400M valuation to mass-produce low-cost air-defense interceptors using automotive-style assembly and a team from Tesla, Toyota, SpaceX, Anduril and Lockheed Martin; the company is already running multiple monthly flight tests. The round was led by Khosla Ventures and Felicis with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator and others.
SpaceX shares fall to $132.62, dipping below $135 IPO price and wiping out over $1 trillion of Musk-linked value
SpaceX shares fell to $132.62 on Wednesday, below their $135 IPO price from 12 June and 41% below a $225 peak, erasing more than $1 trillion from Elon Musk's conglomerate. Analysts warn further declines could hurt recent IPO investors, trigger insider profit-taking and weigh on broader tech sentiment.
Uber Offers €41.50 Per Share to Buy Delivery Hero, Valuing Deal at €14.8 Billion; Close Expected H2 2027
Uber has offered €41.50 per share in cash to acquire Delivery Hero, valuing the deal at €14.8 billion (or $13.7 billion after accounting for Uber's prior stake) and expects the transaction to close in H2 2027 and be accretive to adjusted EPS. Uber will fund the deal with cash and new debt (including a €14 billion committed bridge), has committed €2 billion investment in Germany, and Delivery Hero separately agreed to sell businesses in 14 overlapping markets to SSW Partners for about $1.6 billion.
Saronic Technologies to Build $3.2B Port Alpha in Texas, CEO and Gov. Abbott Confirm July 16
Austin-based drone-boat startup Saronic Technologies will build its $3.2 billion Port Alpha facility in Texas rather than California, a decision confirmed by CEO Dino Mavrookas and Texas Gov. Greg Abbott during a July 16 Bloomberg interview and subsequent press conference.
Stripe’s $159B influence: culture and products fuel $1.9–2T in payments, alumni-founded AI and fintech powerhouses
Fast Company profiles Stripe as a $159 billion company whose urgency-driven, writing-first culture and customer obsession turned it into an “idea factory” that powers $1.9–2 trillion in annual payments, spawns influential startups (including early OpenAI and Anthropic founders), and funds major public-good initiatives like Frontier and Intercept.
Reflection Announces $1 Billion Compute Deal and Plans to Release Open-Source Model This Year
AI startup Reflection announced a $1 billion deal for compute resources and plans to release an open-source model later this year.
Satellite Companies Raise $8.1 Billion in H1 2026, Surpassing All Prior Annual Totals Tracked by Space Capital
Satellite companies attracted $8.1 billion in investment in the first half of 2026, surpassing every previous annual total tracked by Space Capital.
Purpose Investments' Nicholas Mersch: Semiconductors, Rising Memory Prices and Complex Financing to Drive AI Returns; OpenAI and Anthropic IPOs to Shift Market
Purpose Investments' Nicholas Mersch tells Investing News Network that semiconductors and AI infrastructure will drive near-term AI equity returns amid continued volatility, with memory prices and CAPEX rising and funding increasingly supported by complex debt and asset-backed deals. He expects upcoming application-layer IPOs (notably OpenAI and Anthropic) to shift market returns toward software, while risks include leverage, stock issuance, and macro uncertainty.
TerraFirma Raises $100M Series A Led by Kleiner Perkins to Automate Construction on Earth and Space
TerraFirma Inc., an Austin startup founded by former SpaceX engineers, raised $100 million in a Series A funding round led by Kleiner Perkins to develop semi-autonomous construction systems for Earth and future space projects, including the Moon and Mars. The company, headquartered in Buda, has attracted significant local and tech industry investor interest and has raised approximately $115 million since its 2023 founding.
BRINC Raises $125M Led by Motorola Solutions to Deploy 911 Response Drones Nationwide
Seattle-based public safety drone company BRINC raised $125 million led by Motorola Solutions to scale manufacturing and deploy 911 response drones nationwide. The funding will support expanding their Seattle factory, increasing production, and rolling out a 24/7 drone network for emergency services.
Motorola Solutions Leads $125M Round for Brinc to Expand 911 Drone Manufacturing and HQ
Seattle-based emergency-response drone maker Brinc raised $125 million in a round led by Motorola Solutions to expand manufacturing, bring new products to market, and move into a larger Seattle headquarters and factory later this year. The funding comes amid U.S. restrictions on Chinese-made drones; Brinc’s valuation has nearly doubled from $480 million a year ago, bringing total funding to over $280 million.
Helion’s $465M Series G Values Everett Fusion Firm Above $15B, Tops Seattle-Area 2Q VC Deals
Everett fusion-energy company Helion led greater Seattle-area 2Q venture capital deals with a $465 million Series G that valued it above $15 billion, making up nearly one-third of the region’s $1.5 billion in 2Q funding amid a year-over-year decline from $2.3 billion in 2Q 2025.
Reditus Space unveils ENOS reusable re-entry vehicle as hypersonic testbed and Mach‑25+ target while engaging MDA
Reditus Space completed its reusable re-entry vehicle ENOS, designed for microgravity research and to serve as a hypersonic testbed or Mach-25+ target for military interceptors, and is engaging with the Missile Defense Agency, Navy and Air Force while backed by $7.85 million in seed funding.
Trump’s Sons Invest in Defense Tech Startups Amid $3.2 Billion Pentagon Contracts During Father’s Administration
Donald Trump Jr. and Eric Trump have heavily invested in defense technology companies, benefiting from their father President Donald Trump’s renewed administration priorities and Pentagon spending since his reelection. These firms have secured over $3.2 billion in government contracts and stand to compete for up to $200 billion in future defense work.
SpaceX IPO and Upcoming OpenAI, Anthropic Listings Concentrate VC Returns Among 20% of Firms in 2026
AI mega-IPOs from SpaceX, OpenAI, and Anthropic are concentrating venture capital returns among only about 20% of firms, excluding roughly 3,000 other venture funds from the most significant liquidity events in a generation. SpaceX completed its IPO in June 2026, with OpenAI and Anthropic expected to follow soon, driving VC-backed exits to $350 billion in the first half of 2026.
Reditus Space Completes 200-kg Reusable Reentry Vehicle ENOS Set for Late 2023 SpaceX Launch
Reditus Space has completed its first 200-kilogram reentry vehicle, ENOS, scheduled to launch later this year on a SpaceX rideshare mission for a two-month orbital demonstration before splashdown and recovery off Florida. The company’s unique approach recovers over 80% of the spacecraft mass, enabling reuse and larger payload returns, with interest from pharmaceutical and advanced materials industries.
Elon Musk's Mars Colony Vision Faces Scientific Skepticism Over Century-Long Terraforming Challenges
Elon Musk envisions a million-person city on Mars within 20-30 years, funded by SpaceX's Starlink network, but planetary scientists say terraforming Mars to make it habitable would take centuries or may be impossible. Despite SpaceX's engineering achievements like Starship's booster landing, experts consider Musk's Mars colonization timeline unrealistic.
SRX Global to Hold Virtual Fireside Chat on July 14, 2026, Following EMJX Acquisition and Outlines Strong Financial Position
SRX Global announced a virtual Fireside Chat on July 14, 2026, featuring CEO Kent Cunningham and EMJX President Eric Jackson to discuss the recent completion of the EMJX acquisition and future plans. The company highlighted its strong financial position with over $55 million in cash and short-term investments, no debt, and a net asset value of approximately $3.07 per share.
California Leads U.S. States with $335 Billion Venture Capital in 2024, Driven by AI and Tech Innovation
California has attracted over $335 billion in venture capital funding this year, outpacing other states by a wide margin due to its deep talent pool and strong tech infrastructure, particularly in artificial intelligence. Despite high costs and regulatory challenges, the state's economy grew 5% to $4.25 trillion, making it one of the largest economies globally.
Arizona Startups Secure $434.7M in Q2 2026 Venture Funding Amid SpaceX's Record $75B IPO Boost
Arizona startups raised $434.7 million in venture funding during Q2 2026, driven by renewed IPO market optimism after SpaceX's $75 billion IPO, signaling increased investor interest in AI, space, and medical startups.
Former OpenAI CPO Kevin Weil Joins Stoke Space Board Before Nova Rocket’s Orbital Flight
Stoke Space has appointed former OpenAI chief product officer Kevin Weil to its board, leveraging his product leadership and fundraising experience ahead of its first orbital flight attempt this year. Weil, an early investor, will support Stoke Space's mission to build a fully reusable orbital rocket, a unique feat in American aerospace.
