SpaceX reportedly planning 2026 IPO with $1.5T valuation target | TechCrunch

SpaceX reportedly planning 2026 IPO with $1.5T valuation target SpaceX is planning to go public in mid-to-late 2026 and is looking to raise $30 billion at a valuation of around $1.5 trillion, according to a new report from Bloomberg News citing multiple unidentified sources.

That would make it the largest IPO of all time, edging out Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be a bit of a reversal for SpaceX, which previously considered spinning off its Starlink division for an IPO, while keeping the main company private.

Bloomberg’s report comes just a few days after The Information was first to report that Elon Musk’s space company was targeting a late 2026 IPO.

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SpaceX slams state broadband funding, wants satellite internet everywhere | Mashable

SpaceX is again battling states over internet funding, as the company pushes a satellite-first agenda amid a growing need for direct internet connections.

In a filing submitted to the Louisiana Office of Broadband Development and Connectivity on August 15, the company accused the state of wasting taxpayer money and succumbing to pressure from so-called “fiber lobbyists” by dedicating $400 million to state fiber installations and only $$7.7 million to Starlink deployment. SpaceX argues that it can connect “virtually all” in-need households for less than $100 million. Last week, SpaceX levied the same accusations against a Virginia funding proposal, which only gave $3.2 million to the telecom company.

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SpaceX just achieved another first with its Falcon 9 rocket | Digital Trends

SpaceX undertook a Falcon 9 mission with a difference on Tuesday night, landing the booster in a different country from which it was launched. The spaceflight company shared footage of the feat on social media site X.

Up to now, SpaceX has always landed the returning Falcon 9 booster back at the launch site in Florida or California, or on a droneship off the East or West Coast, but this time it touched down on a droneship off the coast of The Bahamas, some 420 miles southeast of the launch site at Cape Canaveral, Florida — completing its first-ever international voyage.

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SpaceX’s Starship landing shown in stunning close-up videos | Digital Trends

SpaceX has shared footage, which you can watch below, showing a spectacular close-up view of the Starship’s launch and landing on Sunday.

The mission involved the fifth test flight of the Starship, comprising the first-stage Super Heavy booster and upper-stage Starship spacecraft.

The first video shows the 120-meter-tall vehicle roaring skyward from SpaceX’s facility in Boca Chica, Texas, creating 17 million pounds of thrust at launch as it goes.

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SpaceX Falcon 9 rocket grounded for 2nd time in 2 months following explosive landing failure | Live Science

The U.S. Federal Aviation Administration (FAA) grounded SpaceX’s Falcon 9 rocket on Wednesday (Aug 28), following a failed landing attempt that left the spacecraft toppled over in flames.

The reusable rocket booster had just completed its record-breaking 23rd mission, successfully launching 21 Starlink satellites into low Earth orbit before touching down on a drone ship in the Atlantic Ocean roughly nine minutes later, according to Live Science’s sister site Space.com. However, immediately upon landing, the rocket tipped over, bursting into flames.

No injuries or public property damage were reported in connection with the failed landing.

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Musk: SpaceX now aiming for Saturday for Starship’s second flight test | TechCrunch

SpaceX has officially pushed back the second orbital flight test of Starship by one day to Saturday, CEO Elon Musk confirmed on X.

Rumors about the push-back started to swirl after onsite news organizations, like NASASpaceflight, observed a massive crawler crane headed to the launch site. That machine is used to stack (and destack) Starship, so seeing one moving toward the rocket was not the most hopeful sign.

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US sues Elon Musk’s SpaceX over hiring policy | BBC News

The US Department of Justice (DOJ) has said it is suing Elon Musk’s SpaceX, alleging the rocket firm discriminates against refugees and asylum seekers in its hiring practices.

The DoJ says SpaceX falsely claimed that it was not allowed to hire non-US citizens.

The investigation into SpaceX by the DoJ was prompted after allegations of discrimination from a foreign worker.

The BBC has contacted SpaceX for comment.

The DoJ alleged that SpaceX “routinely discouraged asylees and refugees from applying and refused to hire or consider them, because of their citizenship status” from September 2018 to May 2022.

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SpaceX Breaks Two Major Records After Latest Flight in What Elon Musk Calls a ‘Flawless’ Mission | Entrepreneur

The impressive feat — most flights are spaced out at least a full day apart, with many averaging between five and seven days — made it the fastest three-flight series for orbital rockets in the history of space exploration.

The company’s Falcon 9 rocket is also breaking records, as it was used for the 13th time this weekend, making it SpaceX’s most launched spaceship.

SpaceX launched 53 Starlink satellites from the NASA Kennedy Space Center in Florida Friday, followed by a launch out of Vandenberg Space Force Base in California Saturday for the German military. The final mission was back in Florida Sunday at Cape Canaveral Space Force Station, carrying a satellite to orbit for communications company Globalstar.

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Tesla And SpaceX Billionaire Elon Musk Doubles Down On Dogecoin And Ethereum Plan To Beat Bitcoin Amid Crypto Price Bounce | Forbes

Bitcoin and cryptocurrency investors were yesterday glued to one of the most hotly-anticipated events in the crypto calendar so far this year—a live discussion between Tesla and SpaceX billionaire Elon Musk, Twitter’s Jack Dorsey, and major Tesla and bitcoin investor Cathie Wood.

The bitcoin price jumped in anticipation of the virtual event, climbing back from under $30,000 per bitcoin to over $32,000, and finding fresh support after Musk revealed that his rocket company SpaceX has joined Tesla TSLA -0.9% in holding bitcoin.

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