The Latest Breaking News from SpaceX

SpaceX just bought $17 billion worth of satellite spectrum from debt-ridden operator EchoStar to enhance Starlink direct-to-cell phone connectivity.

SpaceX launched 21 satellites to orbit from California today (Sept. 10), beginning the buildout of an advanced new constellation for the U.S. military.

Space stocks have had a busy week with earnings, major deals and even a downgrade. 

Space-technology startup Satlyt, led by ex-Tesla (NASDAQ:TSLA) and Google manager Rama Afullo, last week secured $25,000 through state first-in-the-nation municipal AI Incentive Program, endorsing its vision to create what the company calls “the above cloud service provider” through interconnected satellite networks.

Rocket Lab Corp. (NASDAQ:RKLB) has requested to dismiss a class action lawsuit filed by investors for alleged misrepresentations regarding the company's Neutron reusable rocket.

Asian shares are mostly higher as hopes grow, also on Wall Street, that U.S. data reports set for release later in the week will lead the Federal Reserve to cut interest rates at its next meeting

It's impossible to be happy when your competitors ink a potentially groundbreaking deal, as satellite designer and manufacturer AST SpaceMobile, Inc. (NASDAQ:ASTS) is finding out firsthand. With SpaceX and EchoStar Corp. (NASDAQ:SATS) signing a spectrum agreement valued at approximately $17 billion, AST found itself as the third wheel. Subsequently, ASTS…

SpaceX conducted a static-fire test with Super Heavy booster B15 on Sunday (Sept. 7), preparing the booster for Starship's Flight Test 11 — a fast turnaround from their successful Flight 10 launch two weeks ago.

Shares of Globalstar, Inc. (GSAT) are surging Monday, riding a wave of investor enthusiasm following the blockbuster announcement that SpaceX will acquire EchoStar’s AWS-4 and H-block spectrum licenses for approximately $17 billion.