Tesla and SpaceX Commit $16.8 Billion to Build “Terafab,” a Massive AI Chip Factory in Texas Tesla and SpaceX announced Thursday, August 6, that they will jointly build “Terafab,” an advanced semiconductor manufacturing complex in Grimes County, Texas, with an initial investment of $16.8 billion — a project Elon Musk says will produce “the largest … Read more
SpaceX Beats Revenue Estimates in First Public Earnings, But Stock Falls on $18.4 Billion AI Spending SpaceX posted its first earnings report as a public company on Tuesday, August 4, beating Wall Street’s revenue expectations with 92% year-over-year growth — but the stock fell as much as 11% anyway, as investors focused on a sharp … Read more
Musk Calls Tesla-China Report “Absurdly Fake News” as SpaceX Preps First Earnings Since Going Public Elon Musk has flatly denied a Wall Street Journal report claiming Tesla executives were preparing to separate the company’s China business ahead of a possible merger with SpaceX, calling the report “absurdly fake news” — a denial that comes just … Read more
Dead SpaceX Rocket Set to Slam Into the Moon Wednesday at 5,400 MPH A discarded SpaceX Falcon 9 rocket stage that has been drifting through space for more than 18 months is set to crash into the moon early Wednesday, August 5, giving scientists an unusual opportunity to study a real lunar impact as it … Read more
NASA and SpaceX Enter Final Preparations for Upcoming ISS Crew Mission NASA and SpaceX are moving into the final stages of preparation for their next crewed mission to the International Space Station (ISS), with engineers conducting launch readiness reviews, spacecraft inspections, and weather assessments ahead of liftoff. The mission represents another milestone in NASA’s Commercial … Read more
SpaceX Sets New Falcon 9 Reuse Record as Rocket Completes Historic 36th Flight SpaceX has reached another milestone in commercial spaceflight after one of its Falcon 9 boosters completed a record-breaking 36th mission, further demonstrating the reliability of reusable rocket technology. The launch carried a new batch of Starlink internet satellites into low Earth orbit … Read more