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The Latest Breaking News from Starlink

Elon Musk's SpaceX Reportedly Raised Pentagon Starlink Costs During Iran War

Elon Musk's SpaceX clashed with the Pentagon over a sharp increase in Starlink satellite service costs during the U.S. war with Iran, according to a report that triggered political blowback.

Latin Times

Elon Musk’s Starlink comes to air travel: American Airlines to transform in-flight internet experience by 2027

Walking through an airport terminal these days, it is hard not to notice how much of the journey now depends on being connected before the aircraft even leaves the gate. People board with phones already loaded, laptops half-open, expecting the same internet they had in the lounge or at home.…

The Times of India

Musk Pocketed More from America's War After Pushing a Fivefold Starlink Price Hike on the Pentagon

SpaceX and the Pentagon are at odds over Starlink pricing during the Iran conflict, highlighting the military's dependency on commercial satellite technology.

International Business Times UK

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Pentagon spars with SpaceX over Starlink price hike during Iran war

Within weeks of the United States launching its bombing campaign, SpaceX executives met Pentagon officials and argued the military had been paying about $5,000 for connection per terminal while effectively using a higher tier of service worth closer to $25,000, according to two sources familiar with the matter.

The Economic Times

Pentagon, SpaceX Clashed Over Starlink Pricing During Iran War: Report

The Pentagon and Elon Musk's SpaceX sparred over the cost of Starlink satellite services during the U.S. military campaign against Iran, according to a new report.

International Business Times

Iran to turn internet back on after record blackout

Internet connectivity will remain restricted, even after blackout is lifted

The Independent UK

EU to favour European satellite services to prevent Musk’s Starlink expansion

The EU's decision to give European satellite operators priority could risk a backlash from the Trump administration.

Euronews

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SpaceX's Starship flight hits most targets in pre-IPO test

SpaceX's latest Starship test flight achieved a significant milestone, deploying mock satellites and executing a controlled splashdown. This successful uncrewed launch, the first of its V3 iteration, bolsters investor confidence ahead of the company's anticipated IPO next month.

The Economic Times

Elon Musk's SpaceX IPO filing just told us what business he's betting on for the future—and it's not rockets

Elon Musk's creation has essentially re-invented itself from a commercial space pioneer facing little competition, to an AI-centric player battling all the hyperscalers.

Fortune

SpaceX just launched Starship V3 — its most powerful megarocket yet — into space for the 1st time in spectacular Flight 12 test (video)

SpaceX's Starship V3, the most powerful rocket ever built, just roared off its launch pad in a spectacular show of power and technology.

Space

SpaceX launches biggest, most beefed-up Starship yet

SpaceX ‌has completed a test flight of its next-generation Starship, with the spacecraft plummeting into the Indian Ocean as intended before igniting.

AAP

Musk may already be a trillionaire while these SpaceX employees and investors will hit multibillion-dollar jackpots after blockbuster IPO

If SpaceX surpasses $1.7 trillion after going public, it would confirm Musk’s $1 trillion net worth.

Fortune

SpaceX IPO: Opportunity? Or the Ultimate Hype Trade?

SpaceX filed its S-1 ahead of a historic June IPO. Here’s what investors should know about Starlink, valuation risks, and Elon Musk’s governance.

MarketBeat

Elon Musk Is 'Underrated,' Says Shaun Maguire — Calls SpaceX IPO the 'Largest Wealth Creation Event' Ever

The US stock market thrives on AI advancements, with SpaceX's IPO poised to boost tech investments as Elon Musk's ventures reshape interplanetary travel and global communications.

International Business Times UK

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Kiplinger

I'm a Fund Manager: This Is What Investors Need to Know About the SpaceX IPO

Investors should start seeing SpaceX as a vertically integrated infrastructure giant spanning space transportation, global communications and AI compute.

The Guardian - AU

Ukraine war briefing: Oil plant strikes all going to plan, says Zelenskyy

Ukrainian drones ignite Syzran oil refinery deep inside Russia; ISW says Ukraine regaining the initiative on frontline. What we know on day 1,549

International Business Times

Musk's SpaceX Files For Blockbuster IPO As Starlink Profits Offset Deep Company Losses

SpaceX has formally launched plans for a massive public stock offering, opening its financial records to investors for the first time and revealing a business generating billions in revenue while still losing heavily on operations.

International Business Times UK

Elon Musk Won't Get Paid His New SpaceX Bonus Until 1 Million People Move to Mars

Elon Musk's SpaceX bonus is contingent on achieving a $7.5 trillion valuation and establishing a permanent human colony on Mars with at least one million people, according to the company's IPO filing.

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The Economic Times

SpaceX's nearly $2 trillion IPO is heavily banking on this one entity and it's top on Elon Musk's priority list

SpaceX would join a small group ‌of companies valued at $2 trillion, most of which have steady revenue and strong profits.

The Economic Times

SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI vision

Investors are betting big on SpaceX's IPO, valuing it at nearly two trillion dollars. The company aims to fund its ambitious AI plans with revenue from its Starlink satellite business. Elon Musk's vision relies on the success of the new Starship rocket to cut launch costs. Despite huge losses, many…

The Economic Times

The biggest IPO in history just filed: SpaceX's IPO docs are out. Moonbase Alpha, Mars missions, AI in space, and a $1.75 trillion price tag

SpaceX IPO filing explained: SpaceX has filed for an IPO, potentially becoming the largest in history with a valuation nearing $2 trillion. The company's ambitious vision encompasses Moon and Mars markets, alongside its rocket, Starlink, and AI divisions. Investor excitement is high, with the Nasdaq listing targeted for June 12…

The Guardian - UK

The main takeaways from Elon Musk’s plans for $1.75tn SpaceX flotation

Prospectus for tycoon’s sprawling empire reveals his plan to keep control – and ambition to colonise Mars

The Independent UK

SpaceX unveils biggest IPO in history, despite billions in losses

The public offering would make Elon Musk the world’s first trillionaire

Fortune

SpaceX's IPO filing is full of surprises

SpaceX’s long-awaited IPO prospectus was revealing. Here are some key takeaways.

International Business Times UK

Elon's Baby Mama Ashley St Clair Claims Musk Had Secret Election Data Before Trump Victory Was Announced

Ashley St Clair claims Elon Musk had access to real-time election data before Trump's 2024 victory, sparking conspiracy theories about his influence in American politics.

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