Space
SpaceX Soars 25% in Wall Street Debut and Makes Elon Musk the First Trillionaire
The company has a market value of $2.21 trillion, with Forbes estimating Musk’s net worth at $1.1 trillion.
Space Exploration Technologies Corp. is a private space launch company founded in 2002 by Elon Musk. SpaceX develops the Starship launch system and satellite constellations—such as Starlink—with the mission to revolutionize space technology.
Space
The company has a market value of $2.21 trillion, with Forbes estimating Musk’s net worth at $1.1 trillion.
Spectrum
Analysts say proceeds clearing $2.9 billion is looking more and more likely.
BEAD
Arkansas also signed a grant agreement with SpaceX.
BEAD
The satellite operator has signed agreements in multiple other states.
Expert Opinion
Rivals AT&T, T-Mobile and Verizon are teaming up on a shared satellite network, a model of infrastructure collaboration that could boost connectivity and U.S. competitiveness.
Wireless
He reiterated the carrier isn’t worried about satellite competition.
AI
The company has filed confidential paperwork to potentially become a publicly traded company.
Expert Opinion
Satellite has brought availability to remote regions. But availability is not infrastructure.
Spectrum
DOJ is also looking to remove its requirement that EchoStar operate a mobile network, a remnant of the T-Mobile-Sprint merger.
Satellite
The company’s final deployment deadline in July 2029 is still in place.
BEAD
The state was optimistic it would finalize a still-pending contract with Amazon, which refused its Nebraska award.
Spectrum
If the auction brings in less than $2.9 billion, EchoStar is on the hook for the shortfall
Spectrum
Is SpaceX or EchoStar joining the carriers in bidding?
AI
Artificial intelligence company Anthropic is moving toward going public on Wall Street.
BEAD
That’s more than 37 percent of the program’s total project costs, the group found.
FCC
‘Speeds are up, prices are down and competition is intensifying’ says the FCC Space Bureau Chief