Download the app
App StorePlay Store
Beige
Login
← All tags

spacex

SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders approve 5 for 1 split as Nasdaq IPO date nears June 12

SpaceX shareholders have approved the board recommended 5 for 1 stock split, according to Bloomberg. Shareholders were emailed that the stock’s fair market value would be adjusted to $105.32 per share from $526.59. The split is expected to be processed during the week of May 18 and completed by May 22. Separately, Reuters reports SpaceX is aiming to list on Nasdaq as early as June 12, with plans to pursue a massive capital raise at a valuation around $1.75 trillion.

Summarised by Beize from a story on The Economic Times on 16 May 2026
SpaceX speeds up IPO with June 11 pricing and a possible June 12 Nasdaq debut

SpaceX speeds up IPO with June 11 pricing and a possible June 12 Nasdaq debut

SpaceX has accelerated its IPO plans, with pricing expected as early as June 11 and a potential Nasdaq debut by June 12, sources told Reuters. The company is moving to make its prospectus public as early as next Wednesday, launching a roadshow around June 4. This schedule pulls the process forward from a previously expected late-June timeframe. A faster-than-expected SEC review of its filing is cited as a key driver, while Nasdaq 100 index inclusion remains part of the strategy.

Summarised by Beize from a story on The Economic Times on 15 May 2026

Your news, in seconds

App StorePlay Store
California and New York pension chiefs warn SpaceX IPO rules could leave investors powerless

California and New York pension chiefs warn SpaceX IPO rules could leave investors powerless

Three of America’s largest public pension systems have urged Elon Musk to change SpaceX’s planned governance before its IPO. New York State Comptroller Thomas DiNapoli, New York City Comptroller Mark Levine and California PERS CEO Marcie Frost say the proposed structure gives Musk outsized control, including voting dominance and veto power over his removal, plus litigation protections such as mandatory arbitration. They also warn Musk’s cross-company leadership could create conflicts. The IPO is projected to be the biggest ever, targeting $75 billion raised at a $1.75 trillion valuation.

Summarised by Beize from a story on The Economic Times on 14 May 2026
Google and SpaceX Discuss Orbiting Data Centers for AI Compute

Google and SpaceX Discuss Orbiting Data Centers for AI Compute

Google and SpaceX are reportedly exploring partnerships to build data centers in orbit, positioning space as the next frontier for AI compute. The pitch targets latency and power availability advantages, but the proposal faces a major hurdle: launching and operating in space remains far more expensive than running equivalent infrastructure on Earth.

Summarised by Beize from a story on TechCrunch on 12 May 2026
Google in talks with SpaceX to build data centres in Earth orbit

Google in talks with SpaceX to build data centres in Earth orbit

Google is reportedly in early discussions with Elon Musk’s SpaceX about launching a rocket deal to support data centres in Earth orbit, according to The Wall Street Journal. The proposal would shift some cloud infrastructure from ground-based sites to space, aligning with Google’s growing space ambitions and potentially reshaping latency, scale, and security assumptions.

Summarised by Beize from a story on Republic on 12 May 2026
Anthropic hits a 30 billion revenue run rate after 80x growth and admits compute panic

Anthropic hits a 30 billion revenue run rate after 80x growth and admits compute panic

Anthropic says it reached a $30 billion annualized revenue run rate after revenue and usage jumped 80x in the first quarter on an annualized basis. The breakneck pace is straining compute, pushing the company to secure massive GPU capacity, including from SpaceX, while its agentic coding product Claude Code drives enterprise demand at unprecedented speed.

Summarised by Beize from a story on Venture Beat on 8 May 2026

Never miss a story

App StorePlay Store
Musk to dissolve xAI into SpaceXAI and fold Grok into SpaceX AI plans

Musk to dissolve xAI into SpaceXAI and fold Grok into SpaceX AI plans

Elon Musk says xAI will be dissolved as a standalone company and absorbed into SpaceX’s expanding AI operation, rebranded as “SpaceXAI.” The shift could alter the future of Grok and Musk’s broader AI strategy just as SpaceX deepens its partnership with Anthropic, giving Claude access to SpaceX’s Colossus supercomputer.

Summarised by Beize from a story on Republic on 7 May 2026
Investor group calls for SEC probe into SpaceX IPO filings over disclosure accuracy concerns

Investor group calls for SEC probe into SpaceX IPO filings over disclosure accuracy concerns

An investor group has urged the US SEC to scrutinize SpaceX’s IPO filing before a planned record-breaking listing. The group claims there are concerns over the accuracy and reliability of the company’s disclosures. It also points to Elon Musk’s prior role in the Trump administration, arguing regulators may face potential conflicts when reviewing the paperwork.

Summarised by Beize from a story on The Economic Times on 7 May 2026
SpaceX to give Anthropic access to its massive Colossus 1 AI supercomputer

SpaceX to give Anthropic access to its massive Colossus 1 AI supercomputer

SpaceX has signed a deal to grant Anthropic access to its Colossus 1 AI supercomputer, boosting the computing resources behind Claude Pro and Claude Max. Beyond immediate capacity, Anthropic is also exploring a broader partnership with SpaceX to develop orbital AI computing capabilities—raising the prospect of AI power in space, not just on Earth.

Summarised by Beize from a story on The Economic Times on 7 May 2026
SpaceX IPO Elevates Elon Musk With Supervotes and Tightens Investor Challenges

SpaceX IPO Elevates Elon Musk With Supervotes and Tightens Investor Challenges

SpaceX’s upcoming IPO will hand Elon Musk sweeping control via supervoting shares while also limiting how investors can challenge management. Rules include mandatory arbitration and tighter shareholder proposal standards, reinforced by Texas corporate law that reduces investor protections. Even with these constraints, many investors are still expected to buy in, betting on Musk’s track record and potential high returns.

Summarised by Beize from a story on The Economic Times on 6 May 2026

Reading on mobile?

App StorePlay Store
SpaceX seeks 55 billion Terafab chip plant in Texas with massive multi phase expansion

SpaceX seeks 55 billion Terafab chip plant in Texas with massive multi phase expansion

SpaceX has filed plans to invest $55 billion in a new semiconductor manufacturing complex in Texas called Terafab, designed to boost domestic chip production. The project is multi phase and could grow to as much as $119 billion. Local officials in Grimes County are set to review a property tax abatement agreement tied to the facility.

Summarised by Beize from a story on The Economic Times on 6 May 2026
SpaceX Puts India’s Drishti OptoSAR Satellite In Orbit World First EO and SAR Fusion Camera

SpaceX Puts India’s Drishti OptoSAR Satellite In Orbit World First EO and SAR Fusion Camera

SpaceX’s Falcon 9 launched Bengaluru startup GalaxEye’s Drishti, the world’s first OptoSAR satellite combining electro-optical and synthetic aperture radar in one platform. Built for all-weather, day-and-night Earth observation, it can deliver consistent, sharp imagery even through clouds, smoke, and rain. With AI processing onboard and strong radar resolution, it targets defence, disaster response, and high-frequency monitoring.

Summarised by Beize from a story on IndianWeb2 on 4 May 2026
Foxconn launches second generation LEO satellites with SpaceX Falcon 9 push into space

Foxconn launches second generation LEO satellites with SpaceX Falcon 9 push into space

Taiwanese electronics giant Foxconn says its second-generation low-Earth orbit satellites have been launched aboard a SpaceX Falcon 9 from California. The move marks Foxconn’s newest attempt to break beyond hardware manufacturing and into space technology, signaling deeper investment in satellite systems and next-stage deployment plans for its LEO constellation ambitions.

Summarised by Beize from a story on The Economic Times on 3 May 2026
GalaxEye launches Mission Drishti from SpaceX to deliver all weather day night satellite images

GalaxEye launches Mission Drishti from SpaceX to deliver all weather day night satellite images

Spacetech startup GalaxEye has successfully launched its first Earth observation satellite, Mission Drishti, aboard a SpaceX Falcon 9. Built over five years, the 190 kg spacecraft pairs electro-optical and SAR sensors to capture high quality imagery in all weather, day or night. The company says it will sell satellite data to clients worldwide.

Summarised by Beize from a story on The Economic Times on 3 May 2026

Follow your favourite sources

App StorePlay Store
Tesla pulled in 573 million dollars from Musk companies last year

Tesla pulled in 573 million dollars from Musk companies last year

Tesla earned over $500 million last year from Elon Musk’s other businesses. xAI contributed roughly $430 million, while SpaceX added about $143 million. The reported revenue links Tesla to services tied to AI chatbots and energy storage, with additional xAI-related revenue showing up for Tesla earlier this year.

Summarised by Beize from a story on The Economic Times on 2 May 2026
Replit CEO Amjad Masad on Cursor talks SpaceX and why he does not want to sell

Replit CEO Amjad Masad on Cursor talks SpaceX and why he does not want to sell

At TechCrunch’s StrictlyVC in San Francisco, Replit CEO Amjad Masad tackled the biggest industry question: if Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit forced to sell too? Masad also addressed how he’s handling pressure from Apple and why, despite the market buzz, selling is not his preferred path.

Summarised by Beize from a story on TechCrunch on 2 May 2026
Musk’s 2001 Russian rocket rejection pushed SpaceX from buyer to builder and changed everything

Musk’s 2001 Russian rocket rejection pushed SpaceX from buyer to builder and changed everything

Elon Musk’s SpaceX origin story goes back to 2001, when an attempted rocket purchase from Russia fell through. Instead of giving up, Musk pivoted from buying to building, setting the stage for SpaceX’s 2002 launch. After years of setbacks, the company evolved into a major NASA partner focused on making space travel more affordable.

Summarised by Beize from a story on The Economic Times on 1 May 2026
SpaceX pours 15 billion into Starship to chase airline like rocket reusability

SpaceX pours 15 billion into Starship to chase airline like rocket reusability

SpaceX has invested over $15 billion in its Starship rocket, betting that rapid reusability will unlock a new era of frequent, low-cost launches. The system is central to expanding Starlink satellite capacity and enabling future moon and Mars missions. Starship’s performance could also shape SpaceX’s broader ambitions, including its push toward a public market debut.

Summarised by Beize from a story on The Economic Times on 1 May 2026

Stay informed on the go

App StorePlay Store
137 Ventures raises 700 million to back growth startups including SpaceX and Anduril

137 Ventures raises 700 million to back growth startups including SpaceX and Anduril

VC firm 137 Ventures has raised over $700 million to invest in growth-stage startups. The fund comes as the company expands its bet beyond early winners, with a portfolio that includes SpaceX, Anduril, and Hadrian. The raise positions 137 Ventures to deploy capital across multiple rounds as it grows its new and existing fund strategies.

Summarised by Beize from a story on TechCrunch on 30 Apr 2026
SpaceX IPO stakes Elon Musk compensation and control on Mars dream with super voting shares

SpaceX IPO stakes Elon Musk compensation and control on Mars dream with super voting shares

SpaceX’s IPO plan targets a historic $1.75 trillion valuation, but the biggest surprise is Elon Musk’s compensation and control structure. His 200 million shares reportedly unlock only if SpaceX reaches an extreme $7.5 trillion valuation and builds a Mars colony of one million people. The deal also grants Musk super-voting shares, boosting his leverage beyond typical CEO packages.

Summarised by Beize from a story on The Economic Times on 29 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play