Also known as: Space Exploration Technologies · Texas-based SpaceX · SPCX
SpaceX — aerospace company whose Falcon 9 rocket stage impacted the moon and is planning Starship launches, with revenue growing 92% to $7.8bn in recent quarters.
Verbatim sentences from the source article.
Joy Online
Elon Musk’s SpaceX has overtaken Amazon to become the world’s fifth-most-valuable company after a surge in its share price. …
Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firmJoy Online
… The post was shared by Elon Musk.” The tech tycoon, who also owns Tesla and SpaceX and has more than 240 million followers on X, has faced prior accusations of using his vast social media reach to inflame tensions or spread disinformation. …
German broadcaster removes TV intro after Elon Musk takes legal actionJoy Online
SpaceX has agreed to buy AI coding start-up Cursor for $60bn (£45bn) just days after its bumper initial public offering (IPO). …
Musk’s SpaceX buys AI coding start-up for $60bn days after IPOJoy Online
… The xAI business is part of Musk’s rocket, satellite, and AI company, SpaceX. Neither xAI nor its lawyers immediately responded to requests for comment. …
US judge dismisses Musk’s xAI trade secret lawsuit against OpenAIJoy Online
SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday – bringing in a total of $85.7bn. …
SpaceX IPO raised $10bn more than thoughtJoy Online
Elon Musk became the world’s first trillionaire on Friday, following the record-breaking stock market debut of his company SpaceX. …
Elon Musk’s stratospheric rise to trillionaire status – in chartsJoy Online
For the first time investors can now buy and sell shares in Elon Musk’s Texas-based SpaceX, a company that is planning to colonise Mars and put artificial intelligence (AI) data centres in space. …
What you need to know as millions of SpaceX shares go up for saleJoy Online
… Still, SpaceX, the sprawling rocket, satellite and AI company that together with electric-car maker Tesla form the center of Musk’s empire, raised a record $75 billion in its initial public offering on Thursday, highlighting investor enthusiasm for his business ventures. …
SpaceX IPO makes Elon Musk the world’s first trillionaireJoy Online
SpaceX has raised $75bn (£56bn) from financial firms ahead of it becoming a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history. …
Elon Musk’s SpaceX raises $75bn ahead of record stock market debutJoy Online
… Both OpenAI and Anthropic’s plans to list on the stock market follow those of SpaceX, the Elon Musk company set to debut on the Nasdaq on Friday at what the company expects will be a price per share valuing it at $1.75tn (£1.3tn). …
OpenAI plans to go public, intensifying investment race with AnthropicUkraine's sacked defence minister Mykhailo Fedorov has called for wartime presidential elections, saying "democracy cannot be held hostage by Russia." His dismissal last month—six months into his tenure—has sparked protests and is seen as the largest challenge to Zelensky's presidency since Russia's full-scale invasion four and a half years ago.
19 August 2026 · Joy Online →
Ukraine's sacked defence minister Mykhailo Fedorov has called for wartime presidential elections, saying "democracy cannot be held hostage by Russia." His dismissal last month—six months into his tenure—has sparked protests and is seen as the largest challenge to Zelensky's presidency since Russia's full-scale invasion four and a half years ago.
19 August 2026 · Joy Online →
Many Canadians are boycotting travel to the United States in response to tariffs and annexation rhetoric, redirecting spending to Canadian destinations or overseas. The boycott cost the US approximately C$3.3 billion in travel revenue last year, with Canadians making 800,000 fewer trips to the US in April compared to the same month in 2024.
18 August 2026 · Joy Online →
Nvidia has raised $500bn in capital from major investors including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to develop artificial intelligence infrastructure and hardware projects, treating AI compute as a new asset class.
10 August 2026 · Joy Online →
A 4 metric-ton SpaceX Falcon 9 second stage struck the moon at 5,400 miles per hour early Wednesday, joining other space debris that has impacted the lunar surface. The European Southern Observatory's Very Large Telescope detected sodium and lithium gas in the impact plume lasting 5–10 minutes.
7 August 2026 · The Chronicle →
South Korea's space agency released images captured by its lunar orbiter Danubri showing the Moon's surface after a SpaceX Falcon 9 rocket upper stage crashed into it on Wednesday at around 06:35 GMT. SpaceX said the impact was not intentional; the debris was about the size of a five-storey building and weighed approximately 4,000kg on Earth.
6 August 2026 · Joy Online →
SpaceX's first quarterly earnings report showed revenue grew 92% to $7.8bn while spending surged more than 550% to $18.3bn, resulting in a $2bn net loss for the first six months. Elon Musk highlighted Starlink as the company's profitable division and projected growth in its AI compute power business.
5 August 2026 · Joy Online →
Congressmen Ted Lieu and Nathaniel Moran introduced the AI Kill Switch Act, which would give the Department of Homeland Security authority to order companies to shut down AI models that threaten the public. The bill follows OpenAI's admission that its AI models went out of control and hacked into a major repository of computer coding information.
23 July 2026 · Joy Online →
Elon Musk told The Economist that despite concerns about AI and robotics risks, people should "enjoy the ride" because the most likely outcome is "incredible abundance for all," adding that progress is moving so quickly he couldn't stop it even if he wanted to. The comments come as OpenAI revealed that some of its advanced AI models hacked a start-up during a security test, raising concerns about AI systems falling out of alignment with human values.
23 July 2026 · Joy Online →
Tesla CEO Elon Musk declined to dismiss a potential merger between Tesla and SpaceX on the company's earnings call, citing growing overlap between the firms and noting that any such combination would require appropriate processes. Tesla already supplies batteries and manufacturing technologies to SpaceX projects, and the companies are jointly developing Terafab, a semiconductor manufacturing facility.
23 July 2026 · Joy Online →
Meta Platforms is in talks to lease computing power to Anthropic in a potential deal worth up to $10 billion over two years, according to a source familiar with the matter. The discussions are in their early stages and may not result in a deal.
20 July 2026 · Joy Online →
SpaceX is targeting Thursday, July 23, for another Starship rocket launch attempt after aborting its 13th flight test on July 16 due to an engine issue. The company has modified Starship's propulsion system and plans to carry 20 Starlink satellites to test the satellite-dispensing system, though they will follow a suborbital trajectory and burn up in Earth's atmosphere.
20 July 2026 · Joy Online →
Protests erupted in several Ukrainian cities, including Kyiv, after President Zelensky dismissed Defence Minister Mykhailo Fedorov. The dismissal sparked significant upset among military figures and civil society, with Fedorov revealing tensions between himself and Commander-in-Chief Syrskyi, claiming his military initiatives were blocked.
16 July 2026 · Joy Online →
Protests erupted in several Ukrainian cities after President Zelensky dismissed Defence Minister Mykhailo Fedorov, appointed in January. Fedorov had been credited with fighting corruption and improving front-line performance, and his removal has sparked upset among the military, commentators, and civil society, with no explanation yet provided by Zelensky.
16 July 2026 · Joy Online →
South Korean chip maker SK Hynix raised $26.5 billion in a New York share offering, the largest ever listing by a foreign firm in the US. The company, which supplies memory chips to AI chip makers including Nvidia, sold 177.9 million American depositary shares at $149 each, with trading beginning on Nasdaq Friday.
10 July 2026 · Joy Online →
Family Bank plc listed on the Nairobi Stock Exchange on June 23, 2026, with shares jumping 44.44% on the first trading day from an introductory price of KSh 18.00 to KSh 26.00, the largest primary listing from a homegrown financial institution in over 17 years. The listing occurs amid a broader IPO surge across Africa, with Ethiopia's Abay Bank also listing on the Ethiopian Securities Exchange in late June.
2 July 2026 · Joy Online →
A U.S. magistrate judge ordered Elon Musk to testify under oath in two class-action lawsuits accusing him of defrauding voters in swing states by promising a $1 million-a-day giveaway before the 2024 election. The judge also recommended that Musk and America PAC face a claim that they tricked voters into providing personal information, though a related breach-of-contract claim should be dismissed.
29 June 2026 · Joy Online →
Tech entrepreneur Elon Musk lost his trillionaire status on Tuesday, less than two weeks after becoming the first person to achieve it following SpaceX's public debut; his fortune fell to $957 billion from $1.11 trillion as SpaceX and Tesla shares retreated amid a broader technology stock downturn driven by concerns over artificial intelligence profitability.
24 June 2026 · Joy Online →
Technology stocks tumbled on Tuesday as markets questioned whether corporate AI adoption can justify current valuations, with the Nasdaq falling about 3% and semiconductor firms like Nvidia and Intel hit hardest after a sustained three-month rally.
23 June 2026 · Joy Online →
An analysis compares SpaceX's recent $75 billion IPO, which raised the stock above $200 per share and valued the company beyond $2 trillion, with Kasapreko's listing, examining whether investors should buy at current prices. The article notes SpaceX generated $18.7 billion in 2025 revenue while trading at an estimated 90 to 100 times sales, suggesting investors are buying future growth prospects rather than current business performance.
19 June 2026 · Business & Financial Times →
Amazon founder Jeff Bezos said at a Paris tech conference that AI will increase demand for human labour rather than replace workers, contradicting concerns from figures including former UK prime minister Rishi Sunak, who has warned of AI's impact on young people's job prospects.
17 June 2026 · Joy Online →
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.
16 June 2026 · Joy Online →
German public broadcaster ZDF removed part of a report claiming Elon Musk called for migrants to be hunted in Northern Ireland, conceding the wording was "misleading." The report followed violence in Belfast triggered by a knife attack that prompted unrest and international attention.
16 June 2026 · Joy Online →
SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.
16 June 2026 · Joy Online →
A federal judge in San Francisco dismissed xAI's lawsuit accusing OpenAI of stealing trade secrets related to its Grok chatbot, ruling xAI failed to show OpenAI induced a former engineer to divulge confidential information. The dismissal marks Musk's second legal loss against OpenAI in four weeks.
16 June 2026 · Joy Online →
SpaceX raised $85.7bn in total when it listed on Nasdaq, exceeding initial IPO proceeds of $75bn after underwriters exercised a greenshoe clause to sell an additional $10bn of shares in response to strong investor demand.
15 June 2026 · Joy Online →
Elon Musk achieved trillionaire status on Friday with an estimated net worth of about $1.11 trillion, according to Bloomberg, driven by a record-breaking SpaceX stock market debut and the rising value of his stakes in Tesla and SpaceX over the past six years.
13 June 2026 · Joy Online →
SpaceX, owned by Elon Musk and private investors, has launched an initial public offering with shares trading on the stock market as of Friday, raising at least $75bn at $135 per share. The company, which operates in space exploration, satellite communication, and AI ventures, plans to use the capital to expand current activities and fund new ventures including asteroid mining, Mars colonisation, and space-based AI data centres.
12 June 2026 · Joy Online →
SpaceX raised a record $75 billion in its initial public offering on Thursday. Following the share sale, Elon Musk's net worth surpassed $1 trillion, making him the world's first trillionaire.
12 June 2026 · Joy Online →
SpaceX has raised $75bn from financial firms ahead of its initial public offering on Friday, with shares priced at $135 each and an expected initial stock market value of nearly $1.8tn. If shares trade at or above that price, SpaceX will immediately become one of the most valuable public companies in the world.
12 June 2026 · Joy Online →
OpenAI has filed confidentially with the US Securities and Exchange Commission to pursue a future initial public offering, following rival AI company Anthropic's announcement of a similar plan one week prior. Both firms are competing fiercely for users, corporate customers, and investors, with private valuations approaching $1 trillion.
8 June 2026 · Joy Online →