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The Latest Breaking News from SpaceX

2 Space and Defense Stocks Turning Backlogs Into Revenue Growth

Outside of SpaceX, these two space and defense firms are quietly standing out for robust backlogs and noteworthy sales growth.

MarketBeat

'Then Why You Got So Much Of It?': Elon Musk Trashed Online After Losing Trillionaire Status

Elon Musk has lost his brief trillionaire status after steep falls in SpaceX and Tesla shares cut his Bloomberg‑estimated net worth to about $957 billion.

International Business Times UK

Elon Musk Heartbreak: Mark Zuckerberg Ousts SpaceX CEO as Trump's Favourite Tech Billionaire

Mark Zuckerberg is reportedly strengthening his relationship with Donald Trump, signalling a shift in political alliances as Elon Musk's influence appears to wane

International Business Times UK

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SpaceX has quietly launched a spacecraft almost no one knew existed

Rumours have circulated that it could be used to transport military hardware.

Euronews

Cracks in the International Space Station are causing air leaks – how much longer can it remain habitable?

On June 5, 2026, Nasa ordered five astronauts aboard the International Space Station (ISS) to shelter in a docked spacecraft and prepare to abandon ship. The reason was a longstanding, but worsening, air leak in the Russian part of the station.

The Conversation

Investing in AI: Another bubble or early days for world-changing technology?

There are plenty of ways to invest in AI - but question marks remain for some people over future earnings and growth

The Independent UK

The great AI sell off - a pause for thought, or a panic?

Rockets and robots: the rise of financial fabulism

The Independent UK

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NASA's aging infrastructure can't handle Artemis launches without $1 billion in upgrades, watchdog warns

NASA's plan to return astronauts to the moon and bolster a rapidly growing commercial space industry is facing an infrastructure obstacle.

Space

Elon Musk loses trillionaire status as SpaceX and Tesla stock drops

Falling shares push tech mogul back down to billionaire ranks after SpaceX IPO made him world’s first trillionaire

The Guardian - US

Elon Musk was the world's first trillionaire for 12 days

The run ended due to falling SpaceX stock and a Forbes accounting change.

Fortune

SpaceX Stock Turnover Was More Than 3.5x That of Nvidia. That’s a Wakeup Call for Investors and a Sign to Trade SPCX with Inverse and Leveraged ETFs.

At one point, daily turnover in the rocket company’s equity was more than 3.5 times that of Nvidia, which routinely leads the global market in liquidity allocation. For a brief window, SpaceX single-handedly monopolized the market’s attention span.

Barchart

ISO launches draft standard for net zero framework

In this week’s edition of Economy and Society:

Ballotpedia

SpaceX launches 24 Starlink satellites to orbit from California (video)

A SpaceX Falcon 9 rocket launched two dozen Starlink satellites to orbit from Vandenberg Space Force Base on Wednesday night (June 24).

Space

Tesla's New NHTSA Probe Lands at the Worst Possible Time

The fresh NHTSA probe is bad timing for a stock that's already in danger of forming a downtrend, but the broader Tesla bull case remains intact.

MarketBeat

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The Economic Times

Musk’s SpaceX adds billions in debt while cutting interest

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while lowering annual interest costs. This strategic financial maneuver leverages SpaceX's strong revenue streams from Starlink and government contracts to support the ambitious, cash-burning AI ventures.

International Business Times UK

Is Elon Musk Still a Trillionaire? SpaceX Filings Reveal Businessman Racked Up $12.7bn AI Bill Before Stock Plunge

Elon Musk's net worth falls below $1 trillion due to SpaceX's stock decline and AI investments, highlighting market volatility and investor concerns over long-term profitability.

Evening Standard

Elon Musk’s trillionaire status slips as SpaceX shares swing

He is now worth an estimated 962 billion dollars (£731.4 billion), as of the end of the day on Tuesday, Forbes said.

International Business Times UK

Elon Musk Is No Longer a Trillionaire: $363 Billion Wipeout Ends Historic 11-Day Run

Elon Musk's net worth fell below $1 trillion as SpaceX shares dropped, erasing his brief trillionaire status. The decline highlights the volatility of Musk's wealth, heavily tied to SpaceX stock.

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The Economic Times

Elon Musk loses trillionaire status as SpaceX rally fades

Elon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX and Tesla shares. Just weeks after becoming the world's first trillionaire post-SpaceX's IPO, investor enthusiasm has waned. Despite recent volatility and concerns about AI valuations, credit agencies maintain a stable outlook on SpaceX's financial…

Space

ESA chief calls for greater European space autonomy as trust in US partnership erodes

The cancellation of Gateway and Mars Sample Return exposed just how dependent Europe's space ambitions are on U.S. decisions. ESA's director general says that has to change.

MarketBeat

The SpaceX Sell-Off May Be More Than a Market Overreaction

SpaceX is rapidly mutating into an overleveraged technology conglomerate as sudden debt and artificial intelligence investments dilute its aerospace premium.

International Business Times UK

Elon Musk Drug Allegations: Ex Ashley St. Clair Claims He Feared Fingernail Tests

Elon Musk's former partner Ashley St. Clair has alleged she saw him take psychedelic mushrooms and fear advanced drug tests, as the pair battle over custody of their son.

The Independent UK

Elon Musk loses his trillionaire status – here’s why

IN FULL

The Economic Times

Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortune

Elon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares following its IPO, coupled with a dip in Tesla's stock, has seen his net worth plummet by hundreds of billions. While he remains the wealthiest individual globally, his fortune…

Whats Hot

Elon Musk Loses Brief “Trillionaire” Status as Tech Sell-Off Hits SpaceX and Tesla Shares

Elon Musk has reportedly slipped below the symbolic $1 trillion net worth mark after a sharp downturn in technology stocks, particularly affecting Tesla and SpaceX, according to Bloomberg’s Billionaires Index. His estimated wealth has fallen to around $957 billion following recent market volatility.

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