Space industry
Rocket Lab’s stock set for 20% gain this week after flurry of new launch deals
Rocket Lab shares have added more than a quarter in value this week as the aerospace company inked new launch deals in the burgeoning space tech industry. The stock was flat on Friday, but has surged over 20% this week. Shares were up nearly 50% over the last two weeks and traded near fresh highs […]
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Trump meets with Jared Isaacman about top NASA job after pulling nomination
Commander Jared Isaacman of Polaris Dawn, a private human spaceflight mission, speaks at a press conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. August 19, 2024. Joe Skipper | Reuters President Donald Trump has met with Jared Isaacman to discuss another nomination to lead NASA, a source familiar with the talks confirmed […]
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Verizon signs deal with AST SpaceMobile to provide cellular service from space. AST shares surge
AST SpaceMobile on Wednesday announced a deal with Verizon to provide cellular service from space beginning next year. This deal aims to bring direct-to-service connection via space to cell phone users “when needed” on Verizon plans, according to AST. It marks an expansion of a partnership between the two companies announced last year. AST shares […]
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Firefly Aerospace surges 7% after buying defense tech firm for $855 million
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 stock climbed 7% Monday, after the space company said it’s buying defense technology contractor SciTec for $855 million […]
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NASA employees on Artemis missions with SpaceX, Blue Origin to work through shutdown
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and […]
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Meet the startup testing space-based solar farms that use lasers to send power to Earth
The beaming of solar power from space back down to earth using lasers sounds like science fiction, and was even floated in an Isaac Asimov short story back in the 1940s. But that is exactly what a California-based startup is testing: Mini solar farms in the form of low-orbit satellites. California-based startup Aetherflux plans to […]
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Firefly Aerospace stock tanks 24% after test rocket explosion
A model of the Firefly Aerospace Blue Ghost lander 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 shares sank more than 24% after its rocket exploded during a test flight on Monday. The explosion occurred […]
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NASA Marshall Space Flight Center director Joseph Pelfrey resigns
A crane towers above the mobile launcher 2 adjacent the Vehicle Assembly Building at Kennedy Space Center on Tuesday, July 22, 2025. Richard Tribou | Tribune News Service | Getty Images The director of NASA’s Marshall Space Flight Center, Joseph Pelfrey, announced his resignation from the role on Thursday, CNBC confirmed. Pelfrey said in an […]
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SpaceX makes comeback with Starship test launch after fiery setbacks
SpaceX’s Starship rocket lifts off from Starbase, Texas, as seen from South Padre Island on Aug. 26, 2025, for its 10th test flight. Ronaldo Schemidt | Afp | Getty Images SpaceX on Tuesday launched its mammoth Starship rocket, breaking a string of explosive failed attempts earlier this year to deploy its first batch of dummy […]
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How the U.S. space industry became dependent on SpaceX
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing […]
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