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Space Industry

All articles tagged with #space industry

Canada Accelerates Sovereign Space and Energy Infrastructure Amid US Tensions
geopolitics8 days ago

Canada Accelerates Sovereign Space and Energy Infrastructure Amid US Tensions

Amid escalating tensions with the United States, Canada is aggressively pursuing strategic autonomy in space and energy. The government has fast-tracked the Pacific Link oil pipeline to reduce reliance on US markets, while simultaneously backing private firms to develop domestic launch capabilities. These moves aim to diversify exports and secure sovereign access to space, driven by a new national strategy to reduce dependence on American infrastructure and technology.

Small Interstellar Probe Sets Sights on Alpha Centauri With a $15 Million Price Tag
space-and-spaceflight1 month ago

Small Interstellar Probe Sets Sights on Alpha Centauri With a $15 Million Price Tag

A Seattle nonprofit’s Fermi Explorer Mission plans a 1-kg probe to Alpha Centauri by 2029, using solar-electric propulsion and a 12-year Sun-orbit to reach escape velocity, then travel interstellar distances. The 4x4x4 inch payload will include a digitized Golden Record and messages from children; the mission is expected to cost under $15 million and could take up to 80,000 years, aiming to inspire future generations rather than be completed within one lifetime.

world1 month ago

White House urges US space firms to skip Macron’s Paris space summit

The White House’s Office of Science and Technology Policy privately told several U.S. space companies that attending Macron’s Paris Space Summit could be read as endorsing EU policy positions, effectively discouraging participation though attendance is optional. OSTP officials said no marching orders were given. The move comes amid strained U.S.-European ties over tariffs, troop deployments, and Iran, as Europe pushes sovereign space capabilities. The Sept. 9–10 summit in Paris is expected to include more than 120 countries and high-level talks on science, exploration, and space security, with some U.S. officials still attending while companies weigh whether to participate.

SpaceX stock dips as unlocks loom and China hits land-based rocket milestone
finance1 month ago

SpaceX stock dips as unlocks loom and China hits land-based rocket milestone

SpaceX’s SPCX slid about 5% for the week after another wave of share unlocks—roughly 88% of its ~13 billion shares set to unlock through 2027, with Elon Musk’s 6.42 billion shares still locked until mid-2027. Separately, Musk offered an update on Starship with a potential end-of-year or early-next-year reflight and a tower-catch comment. In China, LandSpace’s Zhuque-3 achieved land-based booster recovery on its second flight, narrowing the gap with SpaceX’s reusable-rocketry record (SpaceX has landed boosters more than 600 times), though SpaceX’s payload capacity remains larger. The week underscored ongoing stock-market effects from unlocks and rising rocket-technology competition.

SpaceX bets on AI as its next big revenue engine, Musk says
business1 month ago

SpaceX bets on AI as its next big revenue engine, Musk says

Elon Musk told SpaceX staff that AI revenue will likely surpass all other SpaceX revenue lines by September 2026, aided by a joint $16.8 billion Texas compute facility funded by SpaceX and Tesla; the AI pivot broadens SpaceX’s potential market to the roughly $26.5 trillion global AI opportunity, reinforced by the Cursor acquisition to compete with OpenAI and hyperscalers. Investors should watch SpaceX’s upcoming disclosures for AI revenue contributions and how quickly Terafab capacity scales.

Europe braces for a rocket-launcher gap by 2030, ESA chief warns
technology2 months ago

Europe braces for a rocket-launcher gap by 2030, ESA chief warns

The head of the European Space Agency warns Europe will face a shortage of homegrown rocket launchers around 2030 as demand for launches—driven by satellite constellations like Iris², Galileo and Copernicus, plus defence needs—outpaces Europe’s current capabilities. ESA is exploring expanded production for Ariane 6 (targeting about 15 launches per year instead of the current nine–ten) and Vega-C, and considering procurement and funding reforms to bridge the gap ahead of the 2030s and beyond, amid competition from SpaceX and China.

SpaceX Stock Dips 11% Below IPO, Fool Urges Patience
investing2 months ago

SpaceX Stock Dips 11% Below IPO, Fool Urges Patience

SpaceX’s SPCX opened above its $135 IPO price but has since slid about 11% from the IPO level. The Motley Fool flags near-term risks from Starship testing delays and heavy AI-related capex, noting the company is not yet profitable and faces ongoing burn against ambitious bets. While there is long‑term potential in Starship and AI opportunities, the article recommends investors stay on the watchlist and wait for a larger dip before buying.

SpaceX Shares Fall 45% in a Month: Is This a Discounted Bet or a Risky Drag on Valuation?
business2 months ago

SpaceX Shares Fall 45% in a Month: Is This a Discounted Bet or a Risky Drag on Valuation?

SpaceX's SPCX stock has plunged about 45% in a month to roughly $123 amid Starship test delays and large upcoming share unlocks; with a $1.62T market cap, ~43x projected sales and ~29% short interest, the near term looks risky even as long‑term potential remains from SpaceX's rocket launches and Starlink. The piece argues a lower entry around $60 (about $780B market cap) could be a more reasonable valuation if hype cools, but buying today at current levels carries significant risk given the high valuation and upcoming liquidity events.

SpaceX stock climbs on Falcon 9 reuse milestone and Starlink growth surge
business3 months ago

SpaceX stock climbs on Falcon 9 reuse milestone and Starlink growth surge

SpaceX's SPCX stock rose after a Falcon 9 achieved a record 36th reuse and Starlink deployment surged in 2026, with the constellation now over 12,400 satellites launched and about 11,000 active. The shares hovered around $149 after dipping to $145.20 intraday, as analysts weigh SpaceX's expanding rocket and satellite businesses against Blue Origin fundraising valuations that boost SpaceX's perceived market potential.

Blue Origin Valued at $130 Billion in First External Funding Round
business3 months ago

Blue Origin Valued at $130 Billion in First External Funding Round

Blue Origin is raising about $10 billion in its first outside funding round, valuing the company at $130 billion; Bezos will contribute $2 billion, with about $4 billion from Coatue and the remaining $4 billion from other investors. The round follows SpaceX’s blockbuster IPO, boosts Blue Origin’s push in heavy-lift rockets and lunar landers, and aims to return the New Glenn rocket to flight by the end of 2026 after a May test failure.

Blue Origin to raise $10B in private funding, valuing at $130B
business3 months ago

Blue Origin to raise $10B in private funding, valuing at $130B

Blue Origin is reportedly raising $10 billion in private capital, valuing the company at about $130 billion. Lead investor Coatue Management would contribute $4 billion, with another $4 billion from large institutional investors and $2 billion from Jeff Bezos. The funds are earmarked to advance the New Glenn heavy-lift rocket, lunar landers, and two megaconstellations (TeraWave and Project Sunrise) to compete with SpaceX in launches and space services. SpaceX recently raised about $85 billion with a roughly $2 trillion valuation, underscoring the competitive context in private spaceflight.

Rocket Lab's $8B Iridium Deal Signals a Bold Leap into Satellite Communications
business3 months ago

Rocket Lab's $8B Iridium Deal Signals a Bold Leap into Satellite Communications

Rocket Lab (RKLB) plans to acquire Iridium Communications (IRDM) for about $8 billion in a half-cash, half-stock deal, aiming to combine rocket-launch services with satellite-based mobile communications to compete with SpaceX’s Starlink and expand margins. The move could unlock significant long-term upside, but it comes with high risk: Rocket Lab is still unprofitable, the stock is volatile, and the acquisition’s closing and integration (expected in H1 2027) will drive the near-term trajectory. In Q1, Rocket Lab posted revenue growth of about 63.5% to $200.3 million, while reporting a per-share loss of $0.02; Iridium posted a net profit of roughly $114.4 million last year, and Rocket Lab’s own net loss was about $198.2 million, underscoring the substantial execution risk alongside potential synergy-driven gains.

Orbital seeks FCC green light for massive 100k-satellite orbital data center network
space3 months ago

Orbital seeks FCC green light for massive 100k-satellite orbital data center network

Five‑month‑old Orbital has asked the FCC for permission to deploy up to 100,000 low‑Earth‑orbit data‑center satellites, each around 100 kW, to deliver about 10 gigawatts of compute power for AI, with sats at 500–850 km using optical intersatellite links, planning a scaled‑down demo and a 2028 Orbital‑1 launch as it eyes a full constellation in the coming decade, competing with Starcloud, Cowboy Space and SpaceX's Starlink while addressing manufacturing and space‑traffic challenges.

Rocket Lab seals $8B Iridium deal to forge a space-services powerhouse
business3 months ago

Rocket Lab seals $8B Iridium deal to forge a space-services powerhouse

Rocket Lab announced it is acquiring Iridium for about $8 billion in cash and stock, combining Rocket Lab’s launch capabilities with Iridium’s profitable 80-satellite L-band network to accelerate space-based services (IoT, navigation/PNT, aviation, maritime, and security). CEO Peter Beck says the deal creates a self-launching space powerhouse and aims to outpace rivals like SpaceX and Blue Origin, while Rocket Lab continues developing the Neutron rocket; Iridium’s network and spectrum underpin the expansion, though Neutron’s debut remains uncertain.