SpaceX designs, builds, and launches rockets and spacecraft for government and commercial customers, using reusable first stages to cut costs. Its Falcon 9 and Falcon Heavy recover their boosters to enable rapid reuse, while Dragon transports cargo and crew to the International Space Station. Starlink operates a satellite internet constellation to provide global broadband coverage. It earns revenue from launches and merchandise, with the broader goal of making space travel cheaper and, over time, enabling human life on other planets and expanding global internet access.
Company Size
10,001+
Company Stage
IPO
Headquarters
Starbase, Texas
Founded
2002
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SpaceX plans to build a 125,000-acre rocket facility in Louisiana capable of launching roughly 30 rockets daily — thousands annually. The state says the project represents a $100 billion investment and will create around 10,000 jobs. Louisiana Governor Jeff Landry facilitated the deal through nondisclosure agreements with lawmakers, using the codename "Project Osprey". New laws exempt SpaceX from property taxes, liability claims related to noise and vibrations, and public records requirements. In exchange for paying Vermilion Parish approximately $25 million annually, SpaceX avoids billions in property taxes over 25 years. Local residents near Pecan Island express concern about environmental impacts, particularly on migratory birds along the Mississippi Flyway. Many feel excluded from decision-making. SpaceX President Gwynne Shotwell acknowledged potential bird disruption but said they return quickly after launches. The facility will include five launch complexes and employee housing.
SpaceX, Google, Anthropic, OpenAI face antitrust lawsuit over AI slowdown. A lawsuit has been filed in California accusing leading tech companies SpaceX (SPCX), Google (GOOG) (GOOGL), Anthropic (ANTHRO), and OpenAI (OPENAI) of illegally collaborating to slow down the pace of their respective AI efforts. The lawsuit, which was filed Friday in Tech Trends That Matter Get fast, focused updates on the innovations, market shifts, and trends shaping the tech world.
Starlink Mobile global roaming gains FCC approval: what to know. SpaceX has taken a major step toward becoming a global mobile operator. The Federal Communications Commission (FCC) has granted the company official regulatory approval to provide international telecommunications services. What is Starlink Mobile and current service overview. Currently, Starlink Mobile is offered in the U.S. through a partnership with carrier T-Mobile under the name T-Satellite. The initial goal of this collaboration is to eliminate cellular "dead zones." The service allows standard smartphones to connect directly to satellites in emergency situations or remote areas, albeit with limited bandwidth. Next-Gen connectivity specs and technical overview. SpaceX's ambitions extend far beyond basic coverage. The company plans to deploy next-generation satellites that will function as cell towers in space, transmitting 5G-level signals directly to user devices. According to the company, this upcoming upgrade aims to provide download speeds of up to 150 Mbps, which will completely change consumer perceptions of satellite connectivity. While SpaceX is partnering with T-Mobile in the domestic market, leadership has signaled that Starlink Mobile could soon become a serious independent competitor to traditional American carriers like AT&T and Verizon. Global roaming and key differences from traditional carriers. The main differentiator for Starlink Mobile will be global roaming. Thanks to a massive orbital constellation, a single mobile plan could theoretically provide seamless, high-speed coverage anywhere on Earth. In a recent statement, SpaceX CFO Bret Johnsen emphasized that eliminating dead zones and offering a native global roaming service are the pillars that will set Starlink Mobile apart in the saturated telecommunications market. CEO Elon Musk has also previously stated the potential for Starlink to evolve into a full-fledged global operator. Hybrid approach features and nuances. Despite the grand plans, traditional carriers are not yet sounding the alarm. Both T-Mobile and AT&T are downplaying the immediate threat, arguing that satellites will struggle to compete with the dense and reliable capacity of traditional terrestrial cell towers. To address this, SpaceX is reportedly developing cost-effective ground networks using small radio equipment known as "femtocells," though industry experts remain skeptical of this hybrid approach. Having received "global facilities-based and resale authority" from the FCC, SpaceX is looking to quickly establish a foothold in Latin America, Europe, Asia, and Africa. International partnerships and launch versions. The company is already securing international alliances. SpaceX recently announced a partnership with Japanese telecom giant KDDI to launch "Starlink Mobile V2." SpaceX claims this international launch will offer 100 times the data density of previous iterations, enabling phone calls, high-speed app usage, and video streaming directly from space. Don't miss interesting news
Brad Gerstner, founder of Altimeter Capital, says leading AI labs must increase their combined annual revenue from roughly $100 billion to at least $180 billion by year-end to sustain the AI trade. Speaking at the All-In Summit, he called AI lab revenue "the single most important data point in the market today." Gerstner estimates that Anthropic, OpenAI, and xAI had a combined run rate of approximately $100 billion in July. The revenue growth is needed to support massive infrastructure spending by Microsoft and Alphabet, who are building computing capacity that AI labs rent. Altimeter held 9.41 million Nvidia shares worth $1.88 billion at 30 June, representing about 19% of its US equity portfolio. The firm also holds stakes in Anthropic and OpenAI.
NASA has awarded SpaceX a $946 million contract modification for three additional crewed missions to the International Space Station. The modification covers Crew-15, Crew-16, and Crew-17, bringing SpaceX's total mission count under the Commercial Crew Transportation Capability contract to 17. The contract runs through 2030 and raises SpaceX's total CCtCap contract value to $5.92 billion. Under the terms, SpaceX handles all aspects from ground processing and launch through on-orbit operations, return and recovery, plus cargo transport. NASA said the award helps maintain space station access with two commercial partners. Boeing also holds a contract for crewed ISS flights via its Starliner vehicle, with crewed missions expected to begin in the third quarter of 2027.