Space industry
Musk’s Starlink rival Eutelsat shares plummet 7% after report of SoftBank cutting its stake
French satellite group Eutelsat, often seen as Europe’s answer to Elon Musk’s Starlink, saw its share price plummet Wednesday following a report that Japanse investor SoftBank cut its stake in the company. Shares in Eutelsat were last trading 7.2% lower as of 4.41 a.m. ET. The moves come following a Reuters report that SoftBank has […]
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Woman pleads guilty to lying about astronaut wife illegally accessing bank account from Space Station
NASA astronaut Anne McClain is helped out of the SpaceX Dragon Endurance spacecraft onboard the SpaceX recovery ship SHANNON after she, NASA astronaut Nichole Ayers, JAXA (Japan Aerospace Exploration Agency) astronaut Takuya Onishi, and Roscosmos cosmonaut Kirill Peskov landed in the Pacific Ocean on August 9, 2025 off the coast of San Diego, California. Nasa […]
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Firefly Aerospace shares jump 15% on strong revenues, boosted guidance
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace‘s stock surged 15% on Wednesday after the space technology company issued better-than-expected third-quarter results and lifted its guidance. […]
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Rocket Lab rises 5% on record third-quarter revenue, launch backlog
Rocket Lab‘s stock rose as much as 5% on Tuesday after the space company posted record revenues in the third-quarter as it scoops up more launch deals and builds its backlog. The company, which makes satellites and rockets and provides launch services to its customers, on Monday reported revenue of $155 million for the period. […]
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Trump renominates Musk ally Jared Isaacman to run NASA months after withdrawal
Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA) testifies during a Senate Commerce, Science, and Transportation confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 9, 2025. Ken Cedeno | Reuters President Donald Trump has renominated Jared Isaacman to run NASA after pulling his prior […]
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SpaceX and Blue Origin both submitted plans to get astronauts back to the moon faster, NASA says
SpaceX’s Starship rocket 38 launches during the 11th test flight on October 13, 2025 as seen from South Padre Island in Texas. Gabriel V. Cardenas | Afp | Getty Images SpaceX said it has pitched NASA a “simplified mission” to put astronauts back on the moon following criticisms over delays by Sean Duffy, the space […]
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Defense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk’s Starlink
Airbus employees stand in front of the MetOp-SG A (L) and MetOp-SG B (R) MetOp-SG (Meteorological Operational Satellite – Second Generation) meteorological satellites in the clean room of the company’s defense and space branch on November 10, 2023 in Toulouse, southwestern France. MetOp-SG is a family of meteorological satellites placed in sun-synchronous polar orbit which […]
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Musk blasts Duffy after Artemis contract spat: He ‘is trying to kill NASA!’
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX and Tesla CEO Elon Musk criticized acting NASA Administrator Sean Duffy after he told media outlets this week that the billionaire’s space company is falling […]
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Transportation Secretary Duffy says Musk’s SpaceX is behind on moon trip and he will reopen contracts
Transportation Secretary Sean Duffy said Monday that Elon Musk’s SpaceX is falling “behind” the U.S. timeline to return to the moon with Artemis and he will open the contract to other companies. “We’re not going to wait for one company,” Duffy, who is currently the acting NASA administrator, told CNBC’s “Squawk Box” on Monday. “We’re […]
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Transportation Sec. Sean Duffy: We could see more disruption to air travel due to shutdown
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Transportation Secretary Sean Duffy joins ‘Squawk Box’ to discuss the state of air travel, impact of the government shutdown, NASA’s space mission, and more. 07:58 Mon, Oct 20 20258:42 AM EDT Source
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