Spacex News: Latest Updates & Trends

SpaceX: Revolutionizing Space Exploration Space Exploration Technologies Corp, or SpaceX, a Texas-based company founded by Elon Musk in 2002, has fundamentally reshaped the space launch industry. Its initial goal—reducing space launch costs—has been met with remarkable success. Early cha...

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Company type Private
Founded March 14, 2002 (23 years ago) (2002-03-14) in El Segundo, California, U.S.
Founders Elon Musk
Headquarters SpaceX Starbase, Cameron County, Texas, U.S.
Revenue US$4.6 billion (2022)
Net income US$-559 million (2022)
Number of employees 13,000+ (September 2023)
Subsidiaries Starlink, Swarm Technologies, Pioneer Aerospace
Website www.spacex.com

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SpaceX history

Last Updated : 27/03/25, 08:04 PM

SpaceX: A Revolution in Space Exploration Founded in 2002 by Elon Musk, SpaceX aimed to drastically reduce space launch costs and improve reliability. Early challenges included Falcon 1 launch failures, nearly bankrupting the company. However, the successful fourth launch in 2008, coupled with NASA'...

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SPACEX NEWS

SpaceX acquired ‌xAI in February in a deal that valued the AI startup at $250 billion, giving the ‌aerospace company greater flexibility to restructure xAI's capital. (Image: Reuters)

SpaceX inks $30 billion deal to provide Google with AI computing power

June 07, 2026 9:56 am

SpaceX reached a similar deal last month to provide Anthropic, another leading AI lab, with computing power.

Elon Musk's SpaceX IPO, priced at $135 per share, could make him world's 1st trillionaire

June 04, 2026 10:24 am

SpaceX IPO news: At the IPO price, Musk’s SpaceX stake would be worth approximately $841 billion.

SpaceX launches biggest-ever Starship V3 in landmark moon and Mars mission test. (Image: AP)

SpaceX launches its biggest, most beefed-up Starship yet on a test flight

May 23, 2026 9:56 am

SpaceX’s next-generation Starship survives major test before fiery Indian Ocean splashdown

This would mark the 12th overall launch of the world’s largest rocket since April 2023, and the first since October 2025. Starship is currently parked on the launchpad of SpaceX’s headquarters in South Texas, United States.

SpaceX set to launch Starship test flight on May 20: Here’s all you need to know

May 19, 2026 8:58 am

Elon Musk-owned SpaceX is scheduled to launch the gargantuan rocket on May 20, marking its first major test flight since late 2025 as the company continues to push the boundaries of space exploration.

Anthropic turns to Elon Musk-owned SpaceX for AI compute as Claude demand surges

May 08, 2026 9:17 am

The deal could be the start of a new working relationship between Anthropic’s leadership and Elon Musk, who has been critical of the Claude-maker in the past.

Drishti is the first satellite of GalaxEye, a company started by alumni of IIT Madras.

First-of-its-kind satellite by Indian start-up flies on SpaceX rocket

May 04, 2026 4:07 am

The optical images ensure clarity and intuitiveness, while radar images, through a Synthetic Aperture Radar (SAR), brings all-weather reliability. For this reason, the company is describing its innovation as Opto-SAR technology.

Pentagon reaches agreements with top AI companies, but not Anthropic

May 03, 2026 9:28 am

The seven companies are SpaceX, OpenAI, Google, NVIDIA, Reflection, Microsoft and Amazon Web Services, several of which already work with the Pentagon.

Intel joined Musk's Terafab AI chip complex earlier this month with SpaceX and Tesla to make processors to fuel the billionaire's robotics and data centre ambitions (Image: Reuters))

How do so many people already own Elon Musk’s SpaceX?

May 03, 2026 9:17 am

Pitches to buy SpaceX shares have intensified since news of the company’s IPO broke in December.

How Elon Musk used SpaceX to benefit himself and his businesses

April 27, 2026 11:54 am

Founded in 2002 with the goal of taking humans to Mars, SpaceX dominates space with its rocket business and Starlink satellite internet service.

Why Amazon is buying Globalstar, and what it means for satellite-to-phone connectivity

April 17, 2026 4:54 pm

Amazon Globalstar deal explained: A look at how direct-to-device (D2D) satellite services work, the key challenges ahead, and how Amazon’s Globalstar deal could reshape the market, with Apple in the mix.