SpaceX

Key Takeaways Falcon Heavy’s 2018 launch with Elon Musk’s Tesla Roadster was a bold, non-commercial stunt amid SpaceX and Tesla’s uncertainties, inspiring millions. Tesla’s market cap grew from $55-60B (seen as overvalued) to $1.54T; Model Y is world’s best-selling car for 3 years, with vision-only autonomy advances. Tesla evolved beyond cars via Optimus humanoid robots,…

Key Takeaways SpaceX structured xAI acquisition as a triangular merger, keeping xAI as a wholly owned subsidiary to isolate its legal liabilities and debt from SpaceX’s balance sheet. The deal avoids repaying xAI’s $12B debt from X plus billions more raised, preventing change-of-control clauses from triggering immediate repayment to bondholders. Gary Simon (corporate attorney) explained…

Key Takeaways Elon Musk twice confirmed on X that SpaceX is not developing a Starlink-based phone, directly stating “We are not developing a phone” and accusing Reuters of “lying relentlessly.” Reuters reported internal SpaceX discussions about building a direct-to-satellite mobile device, citing sources familiar with the matter. Musk previously noted in January that a phone…

Key Takeaways SpaceX is exploring a Starlink-branded phone for direct-to-device satellite internet connectivity. The potential device would connect directly to the Starlink constellation, though details and release remain unclear. SpaceX has prior mobile efforts, including T-Mobile partnership for smartphones and $19.6B EchoStar spectrum acquisition. Elon Musk tweeted it’s “not out of the question,” but would…

Key Takeaways FCC has accepted SpaceX’s filing for up to 1 million NGSO satellites for the “Orbital Data Center” system. Satellites to operate at 500-2,000 km altitudes using optical inter-satellite links for data transmission. Proposal opened for public comment until early March, as highlighted by FCC Chairman Brendan Carr on X. SpaceX describes it as…

Key Takeaways SpaceX and xAI are in advanced merger discussions, potentially leading to an agreement as soon as this week. Bloomberg reports the talks, citing sources familiar with the matter; companies have not commented. Merger would combine xAI ($200B valuation) and SpaceX ($800B valuation), two of the largest private firms. Union aims to integrate SpaceX’s…