Space Exploration Technologies (SPCX) news and analysis
FCC opens more spectrum for SpaceX's (SPCX) Starlink and changes environmental reviews for satellites
The FCC opened more than 1,000 megahertz of spectrum for satellite internet on Wednesday, including a new download band for home dishes. A second vote changed how the FCC applies environmental review to satellites.
Trump's new America.gov runs on Alphabet's (GOOGL) Gemini and SpaceX's (SPCX) Grok
The White House's new America.gov chatbot answers questions from about 29,000 government websites. Officials named the two AI companies behind it, but not what the government is paying.
Anthropic's $518 billion AI buildout: about 80% is reportedly locked in, even if the capacity goes unused
Anthropic must pay Google the difference if its compute spending falls short, Reuters reported, citing the IPO prospectus. Who else is locked in, and which deals can Anthropic cancel?
NYC Council subpoenas Elon Musk's SpaceXAI (SPCX) to testify on AI safety
The New York City Council subpoenaed SpaceXAI to testify under oath at an Oct. 5 AI safety hearing. SpaceXAI was the only one of five AI companies that didn't respond to the council.
SpaceX's (SPCX) Starship reaches orbit for the first time and deploys 26 Starlink V3 satellites
SpaceX's Starship reached orbit for the first time on its 14th flight and deployed all 26 Starlink V3 satellites, despite one engine shutting down during its first burn. SpaceX then ended the flight hours early.
Google (GOOGL) plans to launch its first AI-chip satellite with Planet Labs next week
Google's first Project Suncatcher satellite, developed with Planet Labs and carrying Google TPUs, is scheduled to launch next week on a SpaceX rideshare. Separately, Google began testing a Gemini feature that calls businesses for Pixel 11 owners.
Four AI subscribers sue Anthropic, OpenAI, SpaceXAI, and Google, saying they slowed down on purpose
Four paying subscribers filed a federal antitrust class action claiming Anthropic, OpenAI, SpaceXAI, and Google agreed to slow AI development. The evidence they cite is largely public essays and posts. Alphabet (GOOGL) and SpaceXAI (SPCX) are the publicly traded companies connected to the defendants.
SoftBank's SB Energy will sell $500 million of stock to Japanese investors before its US IPO
SB Energy will sell up to $500 million of new shares to Japanese investors as part of a US listing that may value it at $50 billion. Nvidia has committed $3 billion, OpenAI holds warrants worth $5.5 billion, and no data center capacity is operating yet.
Europe backs its own space cargo capsule as SpaceX (SPCX) and Blue Origin skip Paris summit
The European Space Agency signed a 760 million euro cargo-capsule contract with a startup founded in 2021, and two European space companies raised $796 million in the same week. SpaceX and Blue Origin were not at the summit where the deal was signed.
Anthropic picks Nasdaq for its IPO. Marketing starts mid-October, days before the midterms.
Anthropic has picked Nasdaq for a listing it still hopes to complete in October, Business Insider reported. Reuters says marketing starts in mid-October at the earliest, with the deal closing days ahead of the November midterm elections.
Anthropic's compute contracts could reach $517 billion. Most are not public.
The Information estimates Anthropic cloud, chip and data center agreements at as much as $517 billion over the coming decade, covering at least 14.8 gigawatts agreed since October. Anthropic has confirmed four of the deals and none of the aggregate figures.
SpaceX (SPCX) signs $1.11 billion-a-month AI hosting deal with an unnamed customer
CFO Bret Johnsen said at Goldman Sachs' Communacopia conference that SpaceX closed a hosting deal paying about $1.11 billion a month from December 1, roughly $13 billion annualized, and repeated the $100 billion ARR target for year end.
Nvidia (NVDA) owns $90.7 billion of other companies. Its public stock portfolio has lost $16.4 billion since June 30.
Nvidia's latest 10-Q carries $42.8 billion of marketable equity securities and $47.9 billion of funded private stakes, with $25 billion more committed but not yet paid in. Its June 30 13F positions have given back about $16.4 billion since, and a $105 billion guarantee on an OpenAI data center sits off the balance sheet entirely.
SpaceX (SPCX) put Grok on the Pentagon's AI platform. The prize is distribution, not the 42 cents.
The Department of War launched Grok for Government and OpenAI's ChatGPT Mil on GenAI.mil on Monday, a platform built for more than 3 million personnel. Each participating agency licenses xAI for Government for $0.42 under GSA's OneGov deal, so what SpaceX gets is distribution, not licensing revenue.
OpenAI will cut SpaceX's (SPCX) Cursor off from its models on November 12. Musk: "I couldn't care less... utterly untrustworthy assholes"
OpenAI told SpaceX on Friday it will wind down Cursor's access to its models by November 12, citing Elon Musk's companies breaking contracts. Cursor's CEO says OpenAI serves about 5% of traffic, and Anthropic's compute chief says Claude capacity for Cursor will keep growing.
SpaceX (SPCX) and Nvidia (NVDA) aim to launch AI data centers into orbit in 2027
SpaceXAI is putting Nvidia's new Vera CPU behind Grok and says a space-optimized Vera Rubin NVL72 will reach orbit by late 2027. Here is what's confirmed and what's still a projection, for SPCX and NVDA.
Anthropic could file for its IPO within days. Investors are discussing $2 trillion, twice the valuation it set in May.
Bloomberg reported on Aug. 20, 2026, that Anthropic may make its IPO filing public by the end of August. The company is considering an offering large enough to equal or top the record raise set by SpaceX (SPCX). For a potential October market debut, investors have floated a $2 trillion valuation, more than double the $965 billion figure Anthropic established in May.
Twenty hedge funds disclosed $35 billion of SpaceX (SPCX). D1 Capital put 62% of its portfolio into it
D1 Capital put 62% of its portfolio into SpaceX. Glade Brook put 99%. Across 20 funds the disclosed total reached $35.43 billion.
Saudi Arabia's wealth fund now holds $26 billion of SpaceX (SPCX). That's 70% of its US stock book.
Saudi Arabia's sovereign wealth fund now holds more SpaceX than any other US stock, a $26 billion position that surfaced in a 13F this week. A 13F only tells part of the story, though.
Cathie Wood bought nearly $20 million of SpaceX (SPCX) as it crashed 13.6%. She hasn't sold a share since June.
Cathie Wood's ARK Invest bought 181,830 SpaceX shares on Aug. 5, about $20 million, the day the stock fell 13.6% to $108.27, and funded it by trimming Roblox, Palantir and Shopify. ARK has put over $475 million into SPCX since June and hasn't reported selling a share.
SpaceX's 911 million share unlock landed today. The stock rose, and the rest of the space trade rallied harder.
SpaceX's 911.5 million share unlock landed today and the stock rose anyway. Fourteen other space stocks rallied harder, from Rocket Lab's new Space Force deal to Voyager's raised guidance.
SpaceX (SPCX) beat on every line. The 911 million share unlock Thursday took the whole rally back
SpaceX beat on revenue, EPS and every segment in its first quarter as a public company. The stock rose 9.4%, then handed the whole move back. The reason is Thursday, when 911.5 million shares unlock against a float of about 646 million.
EchoStar (ECHO) just reported $24.12 in earnings per share. Almost all of it came from bankruptcy.
EchoStar reported net income of $8.46 billion for the second quarter. About $9.73 billion of it was a non-cash gain booked when DISH DBS filed a prepackaged Chapter 11 on the final day of the quarter.
SpaceX (SPCX) took every space stock down with it, and it started the day it filed, not the day it listed. Rocket Lab (RKLB) is the one I'd own
SpaceX filed its S-1 on May 20 and space stocks went vertical, then broke. Every name in the group now trades below its pre-filing price. Why Rocket Lab (RKLB) is the one I'd buy out of it.