SpaceX
Facts
- HQ
- United States
- Sectors
- Aerospace, Space Technology, Data Center / Infrastructure
- Founded
- 2002
- Employees
- 10000
- Stage
- Private
Pentagon and Silicon Valley Invest in Space-Based Solar Power for Military Use with Overview Energy Study
The Pentagon and Silicon Valley investors are increasingly focusing on space-based solar power to supply energy to military operations, aiming to reduce reliance on vulnerable Earth-based fuel logistics. The US Air Force contracted Virginia startup Overview Energy for a study on using satellites to beam solar power to troops in contested environments.
Former OpenAI VP Kevin Weil Joins $1.34 Billion-Funded Space Startup Stoke Space Competing with SpaceX in 2026
Former OpenAI VP Kevin Weil joined the board of Stoke Space, a Seattle-based space startup competing with SpaceX, which has raised $1.34 billion to date. His departure from OpenAI coincides with major leadership changes at the AI company in 2026.
SpaceX’s $85.7B IPO and AI Startup Wealth Drive Surge in Private Jet Purchases and Ownership in 2026
Wealth generated from SpaceX’s $85.7 billion IPO and AI startup successes has driven increased demand for private jets, with venture capitalists, early employees, and bankers investing heavily in private aviation. This surge has resulted in a 25% business increase for aviation law firms like Soar Aviation Law and rising private jet use globally in 2026.
Blue Origin Seeks $10 Billion in First External Funding at $130 Billion Valuation to Boost Satellite Internet Ambitions
Blue Origin, Jeff Bezos' space company founded in 2000, is reportedly seeking to raise $10 billion in its first outside funding round, valuing the company at $130 billion. The funds would support its satellite internet project TeraWave and competition with SpaceX.
Former OpenAI CPO Kevin Weil Joins Stoke Space Board as Startup Targets 2027 Reusable Rocket Test Flight
Kevin Weil, former Chief Product Officer at OpenAI, has joined the board of reusable rocket startup Stoke Space, signaling growing Silicon Valley interest in commercial spaceflight. Stoke Space aims to challenge SpaceX with innovative reusable rocket designs, targeting its first test flight in 2027.
Kevin Weil Joins Stoke Space Board to Drive Funding and Support Nova Rocket Launch
Kevin Weil, a seasoned tech executive from Twitter, Meta, Planet Labs, and OpenAI, has joined the board of Seattle startup Stoke Space to enhance funding and investor relations as it prepares for the potential first flight of its Nova rocket. Stoke Space has raised over $1.34 billion, including a $510 million Series D in 2025, aiming to scale rapidly in the reusable rocket market.
OpenAI’s Kevin Weil Joins Stoke Space Board as Company Prepares First Launch of Fully Reusable Nova Rocket
OpenAI chief product officer Kevin Weil has joined the board of reusable rocket startup Stoke Space as it prepares for the launch of its fully reusable Nova rocket. Weil's expertise in scaling tech and AI products is expected to help guide Stoke from development to commercial operations.
Ex-OpenAI Chief Product Officer Kevin Weil Joins Stoke Space Board to Advance Fully Reusable Rocket Technology
Kevin Weil, former Chief Product Officer at OpenAI and instrumental in ChatGPT's development, has joined the board of Stoke Space, a startup developing fully reusable rockets to significantly reduce launch costs. His appointment highlights a notable crossover between AI tech leadership and the advancing commercial space industry.
Outlander VC's Craig Couple Uses 38-Point Framework to Identify Unicorn Founders, Backing 18 Startups Including SpaceX and Gusto
VC couple Paige and Leura Craig of Outlander VC use a 38-point framework focusing on vision, intelligence, character, and execution to identify promising founders capable of building unicorns, based on traits like decisiveness and resilience. Their method has backed 18 unicorns, emphasizing founder qualities over traditional credentials.
General Fusion and Spring Valley SPAC Approve Merger to Take General Fusion Public on Nasdaq with Up to $338M Capital Raise
General Fusion shareholders and Spring Valley Acquisition Corp. III approved a merger enabling General Fusion to go public on Nasdaq under ticker GFUZ, potentially raising up to $338 million. The reverse takeover is expected to finalize around July 10, granting General Fusion access to growth capital and an estimated $1 billion market capitalization.
DeepSeek Develops In-House AI Chip to Reduce Nvidia Dependence Amid U.S. Export Bans
DeepSeek, a Hangzhou-based AI startup known for its R1 model, is developing its own AI inference chip to reduce reliance on Nvidia amid U.S. export restrictions. The early-stage project involves chip design partnerships and increased hiring, aiming to compete in China's $50 billion AI chip market dominated by Huawei, Alibaba, and Baidu.
Starcloud Raises $170M, Hits $1.1B Valuation to Build AI Data Centers in Space Ahead of Google
Several startups, led by Starcloud which recently raised $170 million and reached a $1.1 billion valuation, are racing to establish AI data centers in space to overcome terrestrial power and land constraints. Google and other major players are also developing satellite-based computing projects, highlighting a growing trend toward orbit-based AI infrastructure.
BCSC Revokes AISIX Solutions Inc.'s Management Cease Trade Order Following Financial Filings in June 2026
AISIX Solutions Inc. announced that the British Columbia Securities Commission has revoked its management cease trade order after the company filed its audited annual and interim financial statements. The company is no longer listed as in default and provides wildfire risk and data-analytics solutions.
VALR Partners with Hyperliquid to Launch 200+ Perpetual Futures Markets Using On-Chain DeFi Protocol on July 6
VALR, Africa's largest crypto exchange, will launch over 200 perpetual futures markets on July 6 using Hyperliquid's on-chain protocol for liquidity and execution, marking a first for regulated exchanges tapping DeFi. This partnership combines centralized user experience with decentralized trade execution, expanding markets to include crypto, commodities, forex, and pre-IPO equities.
Tesla Sales Surpass Wall Street Expectations Amid Slower Global EV Market, BYD Maintains Global EV Crown
Tesla's vehicle sales significantly exceeded Wall Street expectations despite a slower-growing global plug-in car market, while BYD retains its position as the global leader in electric vehicle sales.
JPMorgan Maintains Neutral Rating and $725 Price Target for Meta
JPMorgan has maintained its 'Neutral' rating for Meta with a price target of 725 US dollars, as stated by analyst Doug Anmuth.
Trump Expects Elon Musk to Donate SpaceX Stock to Trump Accounts Despite Past Dispute
Donald Trump expressed confidence that Elon Musk will donate SpaceX stock to Trump Accounts, a government savings program for children, despite their previous dispute. The program, established under the 2023 Republican tax law, has garnered billions in corporate donations from leaders like Michael Dell and companies such as Uber, Comcast, and Wells Fargo.
Daiwa Analyst Labels SpaceX Valuation 'Catastrophic' as Options Traders Buy Calls Ahead of Nasdaq 100 Inclusion
A Daiwa Securities analyst called SpaceX's Nasdaq valuation 'catastrophic,' yet options traders are buying call options amid a 9% stock bounce leading up to its Nasdaq 100 inclusion on July 7. Despite volatility levels far exceeding major indexes, the stock market cap hovers around $2.07 trillion, reflecting ongoing tension between bullish and bearish views.
JetZero Builds Full-Size Blended-Wing Jet to Challenge Airbus and Boeing, Test Flight Planned for Late 2027
JetZero, a California startup, is building a full-size blended-wing demonstrator jet in the Mojave Desert, aiming to compete with Airbus and Boeing in the 200-plus-seat market. The test plane, partly funded by the U.S. Air Force and set to fly by the end of next year, could reduce fuel use by half and lead to commercial production starting in 2030 at a new North Carolina facility.
Elon Musk Denies SpaceX Showcased AI Handset to Investors Pre-IPO Amid Smartphone Market Speculation
Elon Musk denied reports that SpaceX showed an AI device to investors before its IPO, which fueled speculation about SpaceX entering the smartphone market. Leaked claims suggested the company pitched a compact AI handset to shareholders ahead of a major IPO in New York.
Bending Spoons, Owner of AOL, Raises $1.7 Billion in Nasdaq IPO, Shares Jump 39.7% on Debut
Bending Spoons, the Italy-based owner of AOL and other tech businesses, launched a $1.7 billion IPO on Nasdaq, with shares surging nearly 40% on the first day, valuing the company at $25.2 billion. Founded in 2013, the company focuses on acquiring struggling tech firms like Eventbrite and Vimeo, then revitalizing them.
Saronic Technologies Raises $9 Billion Valuation to Build AI-Enabled Drone Boats for U.S. Navy Amid $500M Contracts
Saronic Technologies, a $9 billion Texas startup founded by former SEAL Dino Mavrookas, is building autonomous drone boats for the U.S. Navy with $500 million in government contracts and major investments. The company aims to revolutionize shipbuilding with AI-enabled vessels and shipyards, addressing the U.S. naval industrial gap amid growing geopolitical tensions.
SpaceX IPO Highlights More Than Rockets and Valuation, Reveals Bigger Industry Implications
SpaceX's public listing received media attention focused on rockets, valuation, and personalities, but the article argues that the more significant story lies in the broader implications of the IPO.
SpaceX (NASDAQ:SPCX) Short Interest Surges to Over 23 Million Shares by June 15 from Zero in May
SpaceX (NASDAQ:SPCX) experienced a notable increase in short interest in June, reaching over 23 million shares as of mid-June from zero at the end of May. This sudden growth highlights heightened market activity and investor sentiment shifts around the stock.
Planet Labs Rises 8%, Rocket Lab Gains 5% on $8B Iridium Acquisition, SpaceX Climbs 4% in Space Sector Rally
Planet Labs, Rocket Lab, and SpaceX stocks surged 8%, 5%, and 4% respectively amid a broad space sector rally driven by Rocket Lab's $8 billion agreement to acquire Iridium Communications. The acquisition aims to create a vertically integrated space company, with the deal expected to close by mid-2027 pending approvals.
