As Elon Musk-led SpaceX is weeks away from its public debut, bettors on the Prediction Market platform Polymarket have weighed in on the closing market capitalization of the commercial space flight company following the IPO.

JPMorgan once sued Tesla, but is now helping hype up SpaceX, which could secure a nearly $2 trillion valuation next week and make Musk the world's first trillionaire.

It's paying off for him in a big way. The post Trump Shovels $4 Billion Directly to Elon Musk, Who Spent a Fortune Getting Him Elected appeared first on Futurism.

The destruction of Jeff Bezos's New Glenn rocket clouds NASA's lunar timeline and deepens reliance on SpaceX, as the U.S. races China to the moon.

On the former Navy base, the start-up Longshot is developing a better, less expensive way to send materials into orbit and beyond.

In the early hours of January 16, 2025, the skies over Cape Canaveral were lit up by Blue Origin's New Glenn rocket, marking a significant milestone in the expanding commercial space industry. This inaugural flight of Jeff Bezos's ambitious orbital-class rocket was not just a test of engineering prowess but a bold statement in the ongoing space race among billionaire tycoons.

The United States Space Force has awarded SpaceX a $4.16 billion (£3.26bn) contract to construct a satellite constellation capable of tracking airborne targets from low Earth orbit. Announced on 29 May,