SpaceX
Facts
- HQ
- United States
- Sectors
- Aerospace, Space Technology, Data Center / Infrastructure
- Founded
- 2002
- Employees
- 10000
- Stage
- Private
Startups Starcloud and Cowboy Space Raise Over $445 Million to Develop Space-Based AI Data Centers Amid Launch Cost Challenges
Startups Starcloud and Cowboy Space are advancing space-based AI data centers with significant funding and hardware deployments, yet economic viability hinges on launch costs. Starcloud has already demonstrated AI in orbit and raised $170 million, while Cowboy Space plans to integrate rocket and data center technology with $275 million raised.
Hawkish Fed and US-Iran Deal Drive Tech Selloff and Rebound; Qualcomm Eyes $8-10B AI Chip Buyout
This week, tech stocks experienced volatility driven by a hawkish Federal Reserve tone, a tentative US-Iran peace deal reopening the Strait of Hormuz, and notable corporate moves including Qualcomm's AI chip acquisition talks and NVIDIA's $25 billion debt raise. Key tech ETFs rose sharply, and investors are awaiting earnings from Micron and BlackBerry amid ongoing geopolitical uncertainties.
India's Jio Platforms Plans Sovereign LEO Satellite Constellation Using Leased Broadband Capacity Ahead of IPO
Jio Platforms plans to develop its own sovereign low Earth orbit (LEO) satellite constellation in India by leasing broadband capacity from existing satellite networks, ahead of its IPO. This move aims to enhance broadband access in the country and position Jio as a leader in satellite connectivity.
Snap Launches $2,195 SPECS AR Glasses with Advanced AI and Developer Tools, Shipping Fall 2026
Snap unveiled SPECS, standalone AR glasses priced at $2,195, aiming to integrate AI assistance and shared experiences without requiring a phone. The company is also expanding developer tools to foster an ecosystem around AR, with shipments expected this fall in the U.S., U.K., and France.
Anti Fund Closes Oversubscribed $100M Growth I Fund, Expanding Assets to Over $180M
Anti Fund, led by Geoffrey Woo and Jake Paul, closed its oversubscribed $100 million Growth I fund, increasing assets under management to over $180 million. The Miami-based fund invests in AI, frontier infrastructure, and technology companies, complementing its earlier $30 million Venture I fund focused on early-stage startups.
DRIVE Hockey Receives $100,000 NRC Grant to Advance Sports AI Coaching Technology for Amateur Hockey
Vancouver-based DRIVE Hockey secured a $100,000 grant from Canada's National Research Council to develop its Sports AI technology, which provides NHL-level analytics to amateur hockey via sensor-powered Smart Arenas. The funding will support the creation of Coach AI, a system delivering personalized coaching recommendations based on player performance data captured from sensors.
Mu-g Technologies Acquires Dassault Falcon 50 to Launch Commercial Parabolic Flights Amid NASA's Own Aircraft Pursuit
Mu-g Technologies has acquired a Dassault Falcon 50 business jet to offer commercial parabolic flights for microgravity research, filling a gap left by Zero-G Corp.'s suspension of flights. This move comes alongside NASA's efforts to acquire its own reduced-gravity flight aircraft.
SpaceX Shares Surge to Nearly $220 After Historic $1.77 Trillion Market Debut, Then Slip Below $200
SpaceX's stock surged following its historic market debut at $135 per share, reaching a valuation of $1.77 trillion and climbing to nearly $220 per share before slipping back below $200. The article discusses whether the share price will continue to rise or decline.
AI Entrepreneur Aman Sanger Becomes Billionaire After SpaceX’s $60 Billion Anysphere Acquisition
Aman Sanger became one of the youngest AI billionaires at age 25 following SpaceX's $60 billion acquisition of Anysphere, the parent company of his startup Cursor. His rise reflects the influence of his Indian-origin parents, who had successful careers in finance and medicine.
SpaceX Acquires AI Coding Startup Anysphere for $60 Billion, Elevating Indian-Origin Co-Founder Aman Sanger's Net Worth to $5.5 Billion
SpaceX is acquiring AI startup Anysphere for $60 billion, boosting Indian-origin co-founder Aman Sanger's net worth to $5.5 billion. Anysphere's AI coding platform Cursor, with $4 billion in revenue and 50,000 organizational users, is among the fastest-growing AI companies.
Cameron County Approves $211M Tax Break to Attract Saronic Technologies' $3.2B Naval Shipyard, Promising 10,000 Jobs
Cameron County approved a $211 million tax break to attract Saronic Technologies, an Austin-based defense startup promising 10,000 jobs over 10 years, surpassing SpaceX's initial job promise in South Texas. The deal aims to boost Brownsville as a tech hub but faces opposition over tax burden and public school funding concerns.
Book Reveals Trump Mocked Zuckerberg's Kids and Boasted of Bezos and Zuckerberg Groveling Post-2024 Election
According to a new book, after the 2024 election, Donald Trump privately mocked Mark Zuckerberg's children while boasting about tech billionaires Zuckerberg and Jeff Bezos groveling to him. Both billionaires, once critical of Trump, donated to his inauguration and sought favors, including Bezos pitching Pentagon contracts for Blue Origin, which Trump never acted on.
Silicon Valley Wealth Advisers Report Faster Wealth Growth and Strategic Financial Planning for Tech Clients Worth $20M-$100M
Wealth advisers for Silicon Valley tech clients report a rapid increase in wealth among employees and early investors, advising them to be strategic about managing their finances and defining core wealth. The definition of ultra-high net worth is evolving, with clients now ranging between $20 million and $100 million and considering family offices earlier.
Chinese Startup Spark Space Tests Engine and Raises Funds for World's Largest Electric-Pump-Fed Rocket
Chinese startup Spark Space has conducted engine tests and secured funding rounds for developing what it claims to be the world's largest electric-pump-fed rocket. The company aims to advance rocket technology with this innovative propulsion system.
Gradial, founded by ex‑SpaceX Starlink leaders, raises Series C after scaling to tens of millions serving Amazon, T‑Mobile and other Fortune 500s
Gradial, founded by former SpaceX Starlink leaders Doug Tallmadge and Deip Kumar with co‑founders Anup, Anish and Vikas, builds an AI-native system for enterprise marketing execution and has grown to tens of millions in revenue serving Fortune 500 clients. The company expands from website content workflows to multi‑channel campaign orchestration using agentic content infrastructure aimed at delivering scalable ROI for large enterprises.
Whatnot's Sellers Surpass One Billion Orders Amid $11.5 Billion Valuation and $225 Million Series F Raise
Whatnot, valued at $11.5 billion after a $225 million Series F raise in October, has experienced rapid growth, with its sellers surpassing one billion orders and a significant increase in new users and first-time buyers. The live commerce platform began with selling Funko Pops in 2020 and now hosts diverse sellers offering products from collectibles to fresh seafood.
SpaceX Shares Fall Nearly 5% After Record $1.8 Trillion IPO Debut and Peak $3 Trillion Valuation
SpaceX's shares, after a record-breaking IPO that valued the company near $3 trillion and significantly increased Elon Musk's wealth, experienced a sharp decline of nearly 5% following volatile trading. The stock's initial surge made SpaceX temporarily one of the world’s largest companies by market value, surpassing Amazon and briefly Microsoft.
Roelof Botha Joins SpaceX Board Days After Record $75 Billion IPO in June 2026
Roelof Botha joined SpaceX's board on June 16, 2026, shortly after SpaceX's record-breaking $75 billion IPO, bringing his extensive experience as PayPal's former CFO and a leading venture capitalist. Botha fills an existing vacancy amidst SpaceX's historic public market debut.
Relativity Space to Launch Mars Orbiter in 2028 with NASA Instruments Under New Private Interplanetary Sciences Program
Relativity Space announced its Interplanetary Sciences Program to privately develop planetary missions, beginning with a Mars orbiter launch planned for 2028 featuring NASA-provided instruments. NASA will support instrument operations and data analysis as part of this collaboration.
SpaceX’s $75 Billion IPO Pushes Market Value Near $3 Trillion, Briefly Surpassing Amazon and Microsoft
SpaceX's IPO raised $75 billion, valuing it at about $1.77 trillion, and the stock surged nearly 50% afterward, briefly making it more valuable than Amazon and Microsoft. This surge propelled Elon Musk to become the world's first trillionaire and highlighted investor enthusiasm fueled by SpaceX's space and AI ambitions.
SpaceX Valued at $2.5 Trillion Post-IPO, Nearly Matching Combined Worth of 41 Aerospace Peers
SpaceX has reached a market valuation of approximately $2.5 trillion shortly after going public, making Elon Musk wealthier than the next four richest billionaires combined. Despite its high valuation, SpaceX's revenue performance tells a different story.
Starcloud Raises $170M, Pioneers AI GPU Satellite in Race for Space-Based Data Centers
Starcloud, a startup valued at $1.1 billion, has launched a GPU-powered satellite into orbit and raised $170 million in Series A funding, aiming to build an 88,000-satellite constellation for AI data centers in space. The company leads a competitive race against giants like Google, SpaceX, and Blue Origin to establish orbital AI infrastructure before launch costs decrease.
SpaceX Acquires AI Startup Cursor for $60 Billion, Making Four Founders Billionaires
SpaceX is acquiring the AI coding startup Cursor for $60 billion in an all-stock deal, making Cursor's four founders billionaires and enhancing SpaceX's stakes in enterprise AI. This acquisition follows SpaceX's Nasdaq debut and signals Musk's focus on software and AI as central to the company's future beyond aerospace.
Hyperliquid's HYPE Token Climbs to $76.70 as SpaceX Futures Hit $1.3B Volume Before Nasdaq Debut
Hyperliquid's HYPE token surged to $76.70 amid a trading frenzy around SpaceX futures, demonstrating demand for permissionless markets when traditional exchanges are slow or limited. On June 12, SpaceX futures became Hyperliquid's second most-traded asset, with over $1.3 billion volume and prices indicating strong investor interest before the company's Nasdaq debut.
Dawn Aerospace Raises $25M Series B Led by Balerion, Valued at $196M to Expand Satellite Propulsion and Aurora Spaceplane
Dawn Aerospace raised $25 million in a Series B round led by Balerion Space Ventures, boosting its work in satellite propulsion, in-space refueling, and developing its Aurora suborbital spaceplane. Valued at $196 million, the cash-flow-positive company plans global expansion with increased teams in the U.S. and Europe.
