There is no guarantee SpaceX will reach the $800 billion value it is aiming for, though the company has a dedicated investor base that routinely writes checks for ever-growing valuations. Musk said on X in June that the Texas-based company was expected to generate about $15.5 billion in revenue for the year.

Oleg Artemyev, a cosmonaut with Russia's space agency, has been replaced on the upcoming SpaceX Crew-12 mission, Roscosmos announced.

SpaceX launched yet another batch of its Starlink internet satellites to orbit on Thursday (Dec. 4), sending 28 of them up from California's central coast. A Falcon 9 rocket topped with 28 Starlink spacecraft lifted off from Thursday at 3:42 p.

The component failed during testing, leaving a worker with “catastrophic and gruesome” injuries, the suit says. OSHA is also investigating.

For the sixth year in a row, SpaceX is on course to set a new annual launch record for the Falcon 9 rocket, highlighting SpaceX’s increasing dominance in orbital launch activity, as well as the success of its reusable booster system in enabling frequent,

The OpenAI chief executive has looked to put together funds to either acquire or partner with a rocket company.

Three-year-old Castelion is worth $2.8 billion after raising $350 million to fund its ambition to supply thousands of weapons to the U.S. government.

SpaceX has been successfully landing the first stage of its Falcon 9 rocket for the last decade. Doing so allows SpaceX to use a single booster for multiple missions, enabling it to slash launch costs and increase launch frequency.

Elon Musk’s SpaceX has told investors and financial institution representatives that it is aiming for an initial public offering in the second half of next year, according to two people familiar with the discussions.