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Starship test boosts SpaceX’s reusability ambitions

SpaceX has hailed its 13th Starship test flight as a major success and is now aiming to catch the Starship spacecraft with the launch tower’s mechanical arms during its next mission.

The latest flight successfully deployed 20 next-generation Starlink satellites, restarted a Raptor engine in space and completed a controlled splashdown in the Indian Ocean.

Although the Super Heavy booster was lost during landing, the mission provided valuable data on Starship’s heat shield and reusability.

The progress brings SpaceX closer to its goal of developing a fully reusable rocket for future Moon and Mars missions. Read More

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SpaceX targets tower catch after starship success

SpaceX has moved a step closer to achieving fully reusable spaceflight after its 13th Starship test flight successfully completed several key mission objectives, including deploying next-generation Starlink satellites and making a controlled splashdown. Encouraged by the mission’s outcome, the company is now preparing for an even bigger milestone, attempting to catch the Starship spacecraft with the launch tower’s mechanical arms on its next test flight.

The latest mission marked one of the strongest performances in the Starship programme so far, giving engineers valuable data on the rocket’s systems, heat shield and overall flight performance. While some technical challenges remain, the successful test has strengthened confidence that SpaceX is making steady progress towards building a fully reusable launch system for future Moon and Mars missions.

Starship lifted off from SpaceX’s Starbase facility in Texas atop the Super Heavy booster, powered by 33 Raptor engines. After a smooth launch and stage separation, the upper-stage spacecraft continued into space, carrying 20 next-generation Starlink satellites. These satellites are designed to enhance SpaceX’s satellite internet network with greater capacity and faster connectivity.

Although the satellites were intentionally placed on a suborbital trajectory and burned up during re-entry, the mission allowed engineers to collect crucial performance data. The flight also successfully demonstrated an in-space restart of a Raptor engine, an important capability needed for future orbital operations, satellite deployments and deep-space missions.

One of the biggest achievements came during Starship’s return to Earth. The spacecraft survived atmospheric re-entry and completed a controlled splashdown in the Indian Ocean while remaining largely intact. Engineers were able to inspect the vehicle after landing, providing a rare opportunity to study the condition of its heat shield and thermal protection system following the intense heat of re-entry.

The intact splashdown is considered a major engineering milestone because it offers valuable insight into the performance of Starship’s more than 18,000 heat-shield tiles. Improving these tiles is critical to making the spacecraft reusable with minimal repairs between flights.

The mission was not entirely flawless. The Super Heavy booster failed to complete its planned landing after some engines did not restart during the final descent, causing it to fall into the Gulf of Mexico. Even so, SpaceX said the booster showed encouraging progress and generated important data that will help improve future recovery attempts.

Following the successful mission, SpaceX founder Elon Musk said the company is considering an ambitious new objective for the next Starship flight. If post-flight inspections reveal no major issues, SpaceX plans to attempt a “tower catch” of the Starship spacecraft using the giant mechanical arms at the launch site.

The company has already demonstrated this technique with the Super Heavy booster, but catching the Starship upper stage would be far more challenging because it returns from space at much higher speeds and temperatures. A successful catch would eliminate the need for ocean landings and significantly speed up rocket reuse.

Starship is central to SpaceX’s long-term vision of dramatically reducing the cost of space travel. The fully reusable rocket is expected to launch larger batches of Starlink satellites, support NASA’s Artemis programme to return astronauts to the Moon, and eventually carry humans and cargo to Mars.

NASA is relying on a modified version of Starship as the lunar lander for future Artemis missions. Before those missions can take place, however, SpaceX must continue demonstrating safe launches, controlled re-entries, orbital refuelling and reliable recoveries.

With Flight 13 delivering successful satellite deployment, an in-space engine relight and an intact splashdown, SpaceX has checked off several major milestones. The company now hopes the next mission will bring it even closer to routine, rapid rocket reusability with its first-ever tower catch of the Starship spacecraft itself.

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SpaceX plans mega $1 trillion IPO

SpaceX, founded by Elon Musk, is reportedly preparing for a possible IPO that could value the company at around $1 trillion, making it one of the biggest public listings in history.

The company is exploring plans to raise fresh capital as investors show strong interest in its space and satellite internet businesses. SpaceX’s valuation has surged due to the rapid expansion of Starlink, which provides satellite-based internet services worldwide.

While discussions around the IPO are progressing, the company has not confirmed the exact timeline, pricing or share details. A listing could mark a major milestone for the private space industry.

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Corporate

SpaceX discussions fuel 35% rally in Blue Cloud

Shares of Hyderabad-based Blue Cloud Softech Solutions witnessed a sharp rally after the company announced plans to explore artificial intelligence (AI) opportunities in collaboration with SpaceX, drawing significant attention from investors.

The stock gained nearly 35% over two trading sessions, reflecting market enthusiasm around the company’s potential involvement in emerging AI-driven initiatives. The announcement has put the small-cap technology firm in the spotlight as investors look for companies positioned to benefit from the global AI boom.

According to the company, discussions are underway to explore opportunities that combine artificial intelligence capabilities with advanced space and satellite technologies. While the collaboration remains at an exploratory stage, the association with SpaceX has generated optimism about future growth prospects.

Blue Cloud Softech said it is evaluating ways to leverage AI solutions across sectors that could benefit from satellite connectivity, data analytics and next-generation digital infrastructure. The company believes AI will play a critical role in transforming industries ranging from communications and logistics to enterprise services.

The development comes at a time when AI-related stocks are attracting strong investor interest globally. Market participants have been quick to reward companies announcing strategic initiatives linked to artificial intelligence, especially those involving globally recognised technology players.

 Blue Cloud Softech sees opportunities in developing AI-powered solutions that can support businesses and governments as demand for intelligent automation continues to rise. The SpaceX-linked discussions have provided a significant visibility boost. As the company explores new technological avenues, investors will closely monitor developments to see whether these early conversations translate into concrete projects and long-term business growth.

Despite the uncertainty, the market reaction highlights the growing excitement surrounding AI-related opportunities. Companies that demonstrate a clear strategy for participating in the evolving AI ecosystem are increasingly attracting investor attention.

Investors responded positively to the news, driving a sharp increase in trading volumes and share prices. However, analysts note that the discussions are still in the early stages and any commercial benefits will depend on how the proposed initiatives progress over time.

Also Read: Kirloskar oil jumps 31% after AI contract

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SpaceX valuation jumps $10bn as investors back future

SpaceX has disclosed that it raised nearly $10 billion more through private funding rounds than previously reported, highlighting the scale of investor confidence in Elon Musk’s space and satellite ventures.

According to newly released financial details, the company has secured substantially higher funding over the years than earlier estimates suggested. The revelation comes as SpaceX’s valuation continues to soar, cementing its position as the world’s most valuable private technology company.

The additional capital has helped fund the rapid expansion of Starlink, SpaceX’s satellite internet business, which now serves millions of customers worldwide. Starlink has become a major source of revenue for the company and is seen as a key factor behind its growing valuation.

A significant portion of the funding is also supporting the development of Starship, SpaceX’s next-generation rocket designed for missions to the Moon, Mars and beyond. Musk has repeatedly described Starship as central to his long-term goal of making humanity a multi-planetary species.

The latest figures underscore how strongly investors are backing the future of the space industry despite economic uncertainty and market volatility. Analysts say SpaceX’s combination of satellite communications, launch services and deep-space ambitions makes it one of the most closely watched companies in the technology sector.

While the company remains privately held, its rising valuation and massive fundraising efforts continue to fuel speculation about a potential public listing in the future. Industry experts believe SpaceX’s ability to attract billions of dollars in fresh capital reflects growing confidence that space technology will play an increasingly important role in the global economy.

Investors remain attracted by SpaceX’s dominance in the commercial launch market. The company conducts frequent missions using its reusable Falcon rockets and continues to win contracts from governments, businesses and space agencies around the world.

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SpaceX acquires Anysphere for $60 bn after Nasdaq debut

SpaceX has announced a $60-billion all-stock acquisition of Anysphere, the startup behind the popular AI coding platform Cursor, marking one of the largest acquisitions of a venture-backed technology company. The deal comes just days after SpaceX’s highly successful Nasdaq listing and underscores Elon Musk’s growing ambitions in artificial intelligence.

Anysphere, founded in 2022, developed Cursor, an AI-powered coding assistant that has rapidly gained popularity among software developers and enterprises. The platform is widely used for writing, reviewing and debugging code, helping programmers improve productivity through AI-driven suggestions and automation.

According to reports, the acquisition is intended to strengthen SpaceX’s AI capabilities and help it compete more effectively with rivals such as OpenAI and Anthropic. Cursor has emerged as one of the fastest-growing AI software products, generating billions of dollars in annualised revenue and attracting backing from prominent investors including Andreessen Horowitz, Nvidia and Alphabet.

The transaction will be completed entirely through SpaceX stock, allowing the company to leverage its soaring market valuation without using cash raised through its recent IPO. Analysts say the move highlights how highly valued technology companies are increasingly using their shares as currency to secure strategic assets.

For Musk, the deal is also a significant step in integrating AI more deeply into the broader SpaceX ecosystem. Reports suggest Cursor’s technology and developer data could be used to enhance AI products within SpaceX’s AI division, including future coding and automation tools.

The acquisition is expected to close in the third quarter of 2026, subject to regulatory approvals and customary conditions. Investors responded positively to the announcement, with SpaceX shares extending gains after the news. The company’s market value has surged since its stock market debut, helping it emerge as one of the world’s most valuable corporations.

The deal reflects the intensifying race among technology giants to secure cutting-edge AI talent and products, as artificial intelligence increasingly becomes central to future growth and innovation across industries.

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Technology

Google signs $920 mn-a-month AI deal with SpaceX

Google has signed a major cloud computing agreement with SpaceX, committing to pay about $920 million every month for AI computing capacity in one of the largest technology infrastructure deals announced this year. The agreement was disclosed in regulatory filings ahead of SpaceX’s planned stock market debut.

Under the deal, Google will gain access to approximately 110,000 Nvidia graphics processing units (GPUs), along with related computing infrastructure such as CPUs, memory, and networking resources. The contract is scheduled to run from October 2026 through June 2029, with a lower-priced ramp-up period before full capacity becomes available.

The computing power will help Google meet growing demand for its AI products and services, including its Gemini Enterprise platform. As companies race to develop and deploy advanced artificial intelligence systems, access to large-scale computing resources has become a critical competitive advantage.

The agreement also includes performance guarantees. SpaceX must deliver the promised GPU capacity by the end of September 2026. If those commitments are not met, Google will have the option to terminate the contract after a short grace period. Beginning in 2027, either company can end the agreement by providing 90 days’ notice.

The deal further strengthens SpaceX’s growing presence in the AI infrastructure market. Earlier this year, the company secured another large computing agreement with AI startup Anthropic. Together, the contracts are expected to generate tens of billions of dollars in revenue and create a significant new business line beyond SpaceX’s traditional space and satellite operations.

The announcement comes just days before SpaceX’s highly anticipated initial public offering (IPO). Investors are closely watching the company’s efforts to expand beyond rockets and satellite services into AI computing, a sector experiencing rapid growth as demand for advanced AI models continues to rise worldwide.

Also Read: Cloudflare acquires VoidZero to strengthen AI web development

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SpaceX targets record $75 bn IPO

SpaceX is reportedly preparing for a record-breaking initial public offering (IPO) that could raise as much as $75 billion, making it the largest stock market debut in history. Reports suggest the offering could value the company at around $750 billion, highlighting its rapid growth and dominance in the global space industry.

According to reports, the company plans to use the proceeds to accelerate investments in its satellite network, rocket launches and artificial intelligence initiatives. The move comes as SpaceX continues to expand its Starlink internet business and develop next-generation space transportation systems.

Founded by Elon Musk in 2002, SpaceX has transformed the commercial space industry through reusable rockets and cost-effective launch services. The company has become a key partner for NASA and various government agencies while also serving commercial customers worldwide.

A major focus of the proposed fundraising is expected to be Starlink, SpaceX’s satellite-based internet service. The network has grown rapidly in recent years and now serves millions of users across multiple countries. Additional capital could help the company deploy more satellites, improve coverage and expand into new markets.

Reports also suggest that SpaceX plans to invest heavily in artificial intelligence technologies. AI is increasingly being used in satellite operations, mission planning, autonomous systems and data analysis. The company sees AI as a critical component of its long-term growth strategy.

The proposed IPO reflects strong investor interest in both the space sector and AI-driven technologies. Market analysts say SpaceX’s dominant position in commercial launches and satellite communications makes it one of the most closely watched companies globally.

While the company has not officially disclosed the expected share price, reports indicate that the IPO could be structured around a valuation of approximately $750 billion. Final pricing and the number of shares to be offered will depend on market conditions and regulatory approvals.

If completed, the IPO would mark a significant milestone for SpaceX and the broader space industry.

Also Read: Uber caps employee use of AI tools

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SpaceX postpones Starship test launch

SpaceX has postponed the launch of its Starship Flight 12, delaying the debut of the upgraded Starship V3 rocket. The launch, planned from Starbase in Texas, has now been rescheduled for Friday after a technical issue during final preparations.

The mission marks the first test of the latest Starship version, which includes major upgrades in design, power and reusability. Before the delay, SpaceX completed key checks, including rocket stacking and a full fuel loading test.

The test flight will focus on system validation rather than completing a full orbital mission.

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Corporate

SpaceX nears IPO with trillion-dollar valuation target

SpaceX, led by Elon Musk, is moving closer to a major initial public offering (IPO) that could value the company between $1.5 trillion and $1.75 trillion.

Reports say the listing could happen as early as June and may raise tens of billions of dollars, making it one of the biggest IPOs in history.

The company, best known for rockets and its Starlink satellite internet service, is now expanding into artificial intelligence alongside its space business. SpaceX is working on combining AI systems with its satellite and space technologies to support future growth.

A large part of its expected future earnings is linked to Starlink and new AI-driven services. Investors are watching closely as the company prepares for its market debut.

While SpaceX has seen strong revenue growth, it has also recorded losses due to heavy spending on rockets, satellites, and research projects.

Analysts say the IPO could attract huge investor interest because it brings together space, internet infrastructure, and AI in one company.

Even after going public, Elon Musk is expected to keep strong control over SpaceX’s decisions.

The listing is seen as a major moment for the tech and space industry, with potential to reshape how investors value companies working across AI and space technology.

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