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MYSTERIOUS: 4 - What They Never Told You

Russia accelerates roll out of Starlink rival

Russia is banned from using SpaceX’s satellite internet service following its invasion of Ukraine

The Independent UK

Ukraine war briefing: Russia bans voting against the war

Every candidate of Yabloko – the last anti-war party – barred from September elections; warning over ‘Russian Starlink’ progress. What we know on day 1,630

The Guardian - AU

SpaceX Earnings Highlights from Cathie Wood's ARK Invest

SpaceX (NASDAQ:SPCX) held its first earnings call as a newly public company last week, and the stock fell roughly 14% following the report as investors zeroed in on higher-than-expected AI capex.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Why SpaceX Stock Plunged Despite a Strong Q2 Earnings Beat

SpaceX’s first earnings report as a public company beat expectations, but a staggering $18.4 billion spending spree sent shares plunging.

Barchart

The EU’s answer to Starlink moves one step closer to launch

Rising geopolitcal volatility and conflicts such as the Russia-Ukraine and Middle East war have made it crucial for Europe to invest heavily in its own home-grown satellite network.

Euronews

Ross Gerber Wants Elon Musk To Build a Starlink AI Phone With ‘No Apps:' ‘Just Does What You Tell It To’

Investor Ross Gerber of Gerber Kawasaki thinks Elon Musk-led Space Exploration Technologies Corp (NASDAQ:SPCX) should create a Starlink-enabled smartphone.

Benzinga

Elon Musk vs Michael Burry: World's richest man says AI internet traffic will outpace humans, market expert asks who is paying

Elon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry questions who will pay for AI agents. The contrasting views highlight a broader debate over AI’s rapid expansion, massive infrastructure spending and whether the technology can generate enough economic value to justify current valuations.

The Economic Times

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Europe expands its Starlink rival to 348 satellites as IRIS² moves into implementation — €15.6 billion network will boost EU government capacity by 60%, with launches starting in 2029

Europe has finalized plans for its €15.6 billion IRIS² satellite network, expanding it to 348 satellites with first launches scheduled for 2029.

Tom’s Hardware

Elon Musk Says Starlink Will Be in Every Car, Calls It the ‘Only Way’ To Connect Billions of Vehicles

Space Exploration Technologies Corp. (NASDAQ:SPCX) and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk says all cars will eventually feature Starlink connectivity, arguing satellite internet could provide high-bandwidth connectivity to billions of vehicles.

Benzinga

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

SpaceX launched another batch of its Starlink internet satellites to orbit today (Aug. 8) from California's scenic central coast.

Space

'Not looking good right now': Starship likely to be lost at sea 2 weeks after epic 13th test flight, Elon Musk says

SpaceX is still towing Starship's upper stage toward shore two weeks after its latest test flight, but the unprecedented effort is unlikely to succeed, according to Elon Musk.

Space

Elon Musk Is Asking Investors to Trust Him Again as SpaceX Focuses on More Than Just Space

SpaceX delivered a strong Q2 earnings report, but massive AI spending became the story investors couldn’t ignore.

Barchart

Elon Musk Wants Starlink To Take On T-Mobile, Verizon, AT&T—Here's Why That's Easier Said Than Done

SpaceX (NASDAQ:SPCX) President Gwynne Shotwell said on Tuesday’s earnings call that Starlink Mobile will begin service at the end of 2027, and that she expects to acquire “quite a few” customers from AT&T Inc. (NYSE:T), Verizon Communications (NYSE:VZ) and T-Mobile US (NASDAQ:TMUS).

Benzinga

T-Mobile's CEO Just Dismantled SpaceX's Starlink Mobile Ambitions as Musk's Firm Pours Billions Into Buying Spectrum: 'What's Their Differentiation?'

T-Mobile US Inc. (NASDAQ:TMUS) CEO Srini Gopalan dismissed the threat from Elon Musk’s planned Starlink Mobile service as "exaggerated," questioning why consumers would leave established carriers even as SpaceX (NASDAQ:SPCX) promises higher bandwidth, satellite coverage and a terrestrial network aimed at winning customers from T-Mobile, AT&T Inc. (NYSE:T) and Verizon…

Benzinga

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TechRadar

Starlink might be less of a threat to mobile operators than Elon Musk claims

Elon Musk claims that Starlink could soon deliver a better service than the US’s mobile operators, but T-Mobile’s CEO disagrees.

Benzinga

Eric Trump Defends SpaceX After Bloomberg Op-Ed Slams Starlink as 'Overpromising and Underdelivering'— Elon Musk Backs Him Up

On Thursday, Eric Trump pushed back against criticism of Space Exploration Technologies Corp’s (NASDAQ:SPCX) Starlink service, arguing the company’s broader achievements in space exploration far outweigh concerns raised in an Opinion column.

Barchart

Elon Musk Says the Fight to Stop Rockets From Exploding Into Tiny Pieces Is Why SpaceX Will Crush Data Centers Like the Yankees Playing ‘Little League’

Elon Musk says SpaceX’s rocket engineering gives it a major edge in AI data centers, arguing the company solves far harder problems every launch than competitors face building terrestrial infrastructure.

International Business Times UK

Elon Musk Stock Crash Erases 87 Billion Dollars as SpaceX AI Infrastructure Costs Surge Sixfold

Elon Musk's net worth dropped by an estimated $87 billion in a single day after SpaceX stock plunged on its first post-IPO earnings.

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Fortune

Northwood Space's Bridgit Mendler on the next chapter for space startups

Bridgit Mendler—a Harvard and MIT grad who cofounded Northwood in 2022—draws attention for her childhood as a Disney Channel star. But she’s chasing one of the most granular (and most vital) space economy problems.

International Business Times UK

SpaceX Stock Faces Biggest Test Since IPO as 911.5 Million Insider Shares Unlock Thursday

SpaceX's first major share unlock since its IPO gives insiders access to sell as markets weigh supply risks after mixed investor reaction to earnings.

Benzinga

SpaceX's Biggest Victim Yet? Starlink's 55-Year-Old Rival Files for Bankruptcy

SpaceX (NASDAQ:SPCX) has reshaped the satellite and space industry, and its first earnings report since going public highlighted plans to expand that disruption. One early casualty may be Hughes, the satellite internet business owned by EchoStar Corporation (NASDAQ:ECHO), which filed for Chapter 11 bankruptcy ahead of SpaceX’s report.

TechRadar

Elon Musk: 'At some point, Starlink will deliver a majority of the world's internet,' but that promise hinges on launching thousands more next-gen satellites and the massive Starship working as promised

Starlink head Elon Musk believes he can serve most of the world's Internet in less than a decade, but is that claim realistic?

Benzinga

SpaceX Lockup Expiry Could Send a Gentle Jolt Through QQQ, Nasdaq ETFs

Beginning Thursday, the proportion of SpaceX’s (NASDAQ:SPCX) shares available for public trading is set to rise from less than 5% to more than 12%, with more lockup expirations scheduled for Aug 20 and late September. The expanding free float could gradually increase the rocket company’s weight in float-adjusted indexes such…

International Business Times

SpaceX's AI Spending Has Rattled Investors. Its Stock Is Sinking.

SpaceX stocks are sinking on Wednesday following its earnings report.

The Economic Times

SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and new cloud agreements were announced. The capital invested in AI is still high,…

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