SpaceX

SpaceX has acquired Elon Musk's AI startup xAI in an all-stock deal, creating a combined entity valued at approximately $1.25 trillion. The merger integrates AI technologies with SpaceX's rockets, satellite internet, and communications systems. This move aims to develop vertically integrated innovations, including potential space-based AI data centers.

February 09, 2026 Reported by AI

Elon Musk announced that SpaceX is shifting its focus from settling Mars to building a self-growing city on the Moon, citing a shorter timeline of under 10 years compared to over 20 for Mars. This marks a significant change for the company founded with Mars as its primary goal. The pivot comes amid competition from Blue Origin and Musk's growing interest in AI and space infrastructure.

SpaceX's Starlink plans to lower the orbits of about 4,400 satellites from 342 miles to 298 miles this year to enhance space safety amid growing orbital congestion. The move, announced by engineering vice president Michael Nicholls, aims to reduce collision risks and speed up deorbiting during the approaching solar minimum. It follows recent near-misses and a satellite anomaly, highlighting challenges in low-Earth orbit.

December 29, 2025 Reported by AI

Tesla enthusiast Sawyer Merritt has outlined an ambitious lineup of developments expected across Elon Musk's ventures in 2026. From space launches to brain implants and robot production, the predictions highlight rapid advancements in technology. These plans could reshape transportation, energy, and human augmentation.

SpaceX is preparing for a major initial public offering by mid-to-late 2026, aiming to raise more than $30 billion at a $1.5 trillion valuation. The Elon Musk-led company holds nearly 4,000 bitcoin on its balance sheet, valued at around $369 million. This move integrates cryptocurrency into one of the largest planned stock listings.

November 21, 2025 Reported by AI

SpaceX's Booster 18, the first of its third-generation Super Heavy boosters, suffered significant damage during early testing at a site near Starbase, Texas. The incident occurred early on Friday morning, halting the initial phases of cryogenic propellant loading and pressurization tests. This setback comes as the company aims to accelerate Starship development for key missions.