It’s earnings season, and investors got an unpleasant surprise from Google: an increase on its spending estimate, to as much as $205 billion – from the last quarter’s projection of up to $190 billion. Even the lower end of Google’s new projected range – $195 billion – is much more than the company had previously […]
According to NASA, two of the three reaction wheels that control the spacecraft’s alignment have failed, and there are problems with one of the spacecraft’s thruster systems.
Amazon is expanding its plans for providing satellite connectivity to mobile phones.
Amazon filed an FCC application on Saturday to launch a new Leo satellite constellation that will provide direct-to-device satellite service for “voice, messaging, data, and emergency services.” If approved, Amazon will begin deploying the new constellation of 5,105 satellites in 2028. It says it plans to partner with mobile network operators to offer direct-to-device satellite […]
The company ticked off a few more boxes on the second Starship V3 flight, but appears to have had another issue relighting the booster’s rocket engines.
If there’s a place in the universe without GPUs, Nvidia is sending them there.
Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole. So what happens when a company like SpaceX – a giant gamble, and, in my opinion, terribly overpriced – is fast-tracked into the Nasdaq-100? Does […]
The Trump administration is waging a culture war on science, and the latest salvo is in the form of a dry, bureaucratic proposal from the Office of Management and Budget (OMB) that could threaten the future of US science as we know it. The proposal would give political appointees unprecedented control over grant funding, the […]
The company didn’t immediately say what went wrong. SpaceX’s stock plunged more than 4% in after-hours trading before paring losses.
The stock has steadily fallen from the euphoric post-IPO high, showing that markets may be sobering up to the promises CEO Elon Musk made before and after SpaceX went public.