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Wednesday 24 June 2026
SoftBank rejects space data centers and commits to Earth-based AI compute

SoftBank Group said it will prioritize building large-scale terrestrial AI data-center capacity rather than pursuing space-based data...

Wednesday 24 June 2026
LG's space bet targets 2030 gains, with SpaceX talks adding lift
LG Group is expanding into the space industry, using affiliate-made components, rover concepts, and CubeSat systems to enter satellite supply chains and validate its technologies in...
Tuesday 23 June 2026
SpaceX expands AI infrastructure business with US$6.3 billion Reflection AI deal
SpaceX has signed a major computing infrastructure agreement with open-source AI startup Reflection AI, underscoring the growing value of AI compute as one of the industry's most strategic...
Thursday 18 June 2026
SpaceX acquires Cursor to bolster xAI and court AI developers

SpaceX has agreed to acquire AI coding tool developer Cursor for US$60 billion, in a deal that underscores how competition in the AI...

Wednesday 17 June 2026
SpaceX to acquire Cursor in US$60 billion stock deal after blockbuster IPO
SpaceX has agreed to acquire Anysphere, the San Francisco company behind AI coding agent Cursor, in an all-stock deal valuing the startup at US$60 billion, giving Elon Musk's newly...
Wednesday 17 June 2026
Space data centers face cooling hurdles and cost barriers
As SpaceX's listing has sparked discussion of space data centers, SpaceX CEO Elon Musk said the concept requires no magic and is simpler than existing Starlink systems. But supply...
Tuesday 16 June 2026
SpaceX's US$2 trillion debut raises questions over AI profits and China supply-chain exposure
SpaceX's market debut pushes its valuation above US$2 trillion, signaling a mega-cap player in AI, space, and satellite services. Analysts warn the company faces structural questions:...
Tuesday 16 June 2026
China's Starlink rival warns SpaceX is taking prime orbital slots
SpaceX's reported valuation crossing US$1 trillion has renewed global attention on low Earth orbit (LEO) satellites and the broader space economy. As Starlink continues to expand its...
Monday 15 June 2026
SpaceX's US$2T debut forces Wall Street to tear up mega-cap map

SpaceX has broken through the US$2 trillion market-cap mark after completing the largest initial public offering (IPO) in history,...

Friday 12 June 2026
Hanmi Semiconductor to invest in SpaceX as Terafab bets grow
Hanmi Semiconductor plans to invest KRW50 billion (US$32.81 million) in SpaceX, highlighting how space, satellites, and artificial intelligence infrastructure are increasingly linked...
Wednesday 10 June 2026
India reportedly delays Starlink launch amid Iran war security concerns

India has effectively paused Starlink's commercial entry, underscoring how geopolitical tensions can shape global...

Monday 8 June 2026
SpaceX's Google deal highlights shift from AI model ambitions to infrastructure monetization
SpaceX's multibillion-dollar cloud agreement with Google underscores a growing shift in the AI industry from building proprietary models to monetizing computing infrastructure. The...
Friday 5 June 2026
Hanmi Semiconductor eyes record sales in Computex debut as HBM4 demand grows
Hanmi Semiconductor is projecting record annual revenue this year, as rising demand for high-bandwidth memory equipment lifts prospects for the South Korean chip-equipment maker and...
Tuesday 2 June 2026
Anthropic files confidential paperwork for IPO, racing ahead of OpenAI
Anthropic announced that it has filed confidential paperwork to go public on June 1 to the US Securities and Exchange Commission, pulling ahead of rival OpenAI for now in the IPO race...
Saturday 30 May 2026
Terafab explained: SpaceX outlines space-optimized chips and AI megafab plan in IPO filing
SpaceX's IPO prospectus details an early-stage "Terafab" initiative to build large-scale AI chip manufacturing capacity. Still, the company warns of significant execution uncertainty,...