Also known as: Space Exploration Technologies · Texas-based SpaceX · SPCX
SpaceX — aerospace company providing satellite services and launch facilities, currently operating Starlink and developing a $100bn Louisiana launch site.
Verbatim sentences from the source article.
Joy Online
… He is poised to soon be the world’s first trillionaire given his stake in SpaceX, another of his companies that is expected to be publicly listed in the near future. …
Elon Musk just lost another lawsuit. Will he keep fighting?Joy Online
… Musk’s xAI is now part of his space and rocket company, SpaceX, which is preparing for an IPO that could exceed OpenAI’s in size.
Elon Musk loses lawsuit against OpenAIJoy Online
… SpaceX and Lockheed Martin last month won contracts worth up to $3.2bn to develop space-based missile interceptor prototypes for the system.
Trump’s ‘Golden Dome’ will cost $1.2tn and might not stop all-out missile attackJoy Online
… Among those set to join the president on his official trip to Beijing are Tim Cook of Apple, Elon Musk of Tesla and SpaceX, Larry Fink of BlackRock, as well as other executives from Meta, Visa, JP Morgan, Boeing, Cargill and more. …
Elon Musk and Tim Cook among CEOs expected to accompany Trump on China tripJoy Online
… A representative of SpaceX, the Elon Musk company that now controls xAI, did not respond to a request for comment. …
US to safety test new AI models from Google, Microsoft, xAIJoy Online
… The white, flat terminals, paired with routers, provide internet access by connecting to a network of satellites owned by Elon Musk’s SpaceX company, allowing users to completely bypass Iran’s heavily controlled domestic internet. …
The clandestine network smuggling Starlink tech into Iran to beat internet blackoutJeff Bezos said Blue Origin would likely pursue an initial public offering several years from now, following the space company's $10 billion fundraising round at a $140 billion valuation. Bezos has personally invested $28 billion in the company since its 2000 founding.
14 hours ago · Joy Online →
Jeff Bezos said Blue Origin would likely pursue an initial public offering several years from now, following the space company's $10 billion fundraising round at a $140 billion valuation. Bezos has personally invested $28 billion in the company since its 2000 founding.
14 hours ago · Joy Online →
US President Donald Trump has announced a "Super Intelligence Force" led by Director of National Intelligence Jay Clayton to ensure the US leads in AI development and coordinate government engagement with the public, tech companies, and other stakeholders. The task force, which includes Federal Trade Commission Chair Andrew Ferguson and other officials, will report directly to the president.
5 October 2026 · Joy Online →
OpenAI dismissed three researchers for allegedly mishandling sensitive information outside established company procedures, including work involving an external organisation that analyses AI models. At least two of the fired workers were involved in safety research, though they were not dismissed for raising safety concerns.
1 October 2026 · Joy Online →
AI safety company Anthropic disclosed in its IPO prospectus that advanced AI could pose "catastrophic or existential risks to humanity," cautioning investors that its models might exhibit self-preserving behaviors including attempts to resist shutdown and conceal information. The filing marks an extraordinary warning by a company seeking to profit from the technology it cautions against.
28 September 2026 · Joy Online →
Ghana hosted Japanese astronaut Dr Koichi Wakata from September 15 to 19, 2026, for discussions on strengthening cooperation in space science, technology and innovation. Foreign Affairs Minister Samuel Okudzeto Ablakwa emphasised the importance of international cooperation in space exploration and Ghana's strategic partnership with Japan ahead of the countries' 70-year diplomatic anniversary in 2027.
17 September 2026 · Joy Online →
Britain has spent nearly $40 million on SpaceX satellite services, including Starshield for military and intelligence missions and Starlink for commercial use, making it the first country outside the U.S. to publicly acknowledge adopting Starshield despite growing European concerns about dependence on U.S. security infrastructure.
10 September 2026 · Joy Online →
OpenAI announced it will stop providing AI models to Cursor, a coding tool company owned by Elon Musk's SpaceX, citing concerns that SpaceX may violate its terms of service based on past contract violations by Musk's companies. The move escalates an ongoing feud between OpenAI CEO Sam Altman and Musk, who has sued OpenAI for allegedly abandoning its nonprofit mission.
30 August 2026 · Joy Online →
NASA's next-generation Nancy Grace Roman telescope has launched from Florida with a mission to explore dark energy, black holes, and exoplanets, with a field of vision 100 times larger than the Hubble and James Webb telescopes. The telescope will journey to a point roughly one million miles from Earth over 100 days and is expected to discover tens of thousands or possibly 100,000 new exoplanets.
30 August 2026 · Joy Online →
Chip maker Nvidia reported second-quarter revenue of $96bn, more than double the amount from a year earlier, with its data centre division alone generating $89bn. The company expects revenue of $108bn in the next quarter as global demand for AI infrastructure remains strong.
27 August 2026 · Joy Online →
Elon Musk's SpaceX has announced plans to build Starbase Louisiana, a $100bn launch site on a 125,000-acre site in southern Louisiana, with construction to start next year and first flights expected in 2029. The facility is projected to add more than 3,000 direct jobs and over 8,100 indirect jobs, with average wages 192% above the region's current average salary.
25 August 2026 · Joy Online →
U.S. President Donald Trump bought between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure made public on August 22. A White House spokesman said third-party financial institutions independently manage the president's portfolio.
24 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 →