Space

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Rocket Lab is buying Iridium’s satellite network for $8 billion to take on SpaceX

Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. The deal will combine Rocket Lab’s launch services and spacecraft manufacturing with Iridium’s satellite-based communications network, putting it in a better position to challenge SpaceX. Iridium offers communications services to over 2.5 […]

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SpaceX wants its own gas pipeline to fuel Starship

Most rocket companies buy their fuel. SpaceX wants to pipe it in. Filings in Texas show the company plans to build its own natural gas pipeline, an unusual move for a space firm, and a telling one. SpaceX calls the line Starpipe. It would run eight miles, about 13km, to Starbase, SpaceX’s company town on […]

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SpaceX draws $89 billion in demand for its debut bond sale, one of the largest US offerings this year

SpaceX has drawn roughly $89 billion in investor demand for its debut US bond sale, Bloomberg reported on Tuesday, setting the stage for one of the largest investment-grade offerings this year. The company is seeking to raise between $20 billion and $25 billion from a five-tranche deal expected to price on Tuesday. At the lower […]

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SpaceX taps the bond market for the first time to fund AI

Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bankroll a vast AI build-out. SpaceX is about to do something none of Elon Musk’s companies has done before. It is borrowing money from public bond investors. On Monday the rocket […]

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Germany tells Trump: you cannot get to the moon without us

Germany’s space minister has a message for Washington: the dependence runs both ways. In an interview with Politico at the VivaTech trade show in Paris this week, Dorothee Bär said Europe provides “critical key technologies” for American space missions, adding bluntly: “Without us, it cannot be done.” The claim is not bluster. NASA describes the European Service […]

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NASA selects Eric Schmidt’s rocket company for a 2028 mission to Mars

Relativity Space, the rocket company led by former Google executive Eric Schmidt, was picked to launch NASA’s Aeolus payload to Mars in 2028, as reported earlier by TechCrunch. Under a new public-private partnership, Relativity Space will provide the “spacecraft, rocket, and cruise operations” to fly Aeolus to Mars, where the payload will “provide the first […]

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