SpaceX and xAI may merge as part of a planned blockbuster public offering later this year. The deal would give fresh momentum to SpaceX's efforts to launch data centers into orbit, as Elon Musk battles for supremacy in the rapidly escalating AI race against tech giants like Google, Meta, and OpenAI.
Musk has previously confirmed that SpaceX plans to go public sometime this year, with a valuation expected above $1 trillion. However, there are concerns about whether the merger will be completed on time, given the complex nature of the deal.
The planned merger is not necessarily inevitable, but it seems likely due to Musk's ambitious goals for the company and its efforts to expand into new areas such as space-based AI computing.
Meanwhile, a 5-ton satellite fell off a Japanese rocket, causing debris to shower down on Poland. The incident highlights the risks associated with re-entry of elongated upper stages in very low-Earth orbit (VELO), which has significant implications for future space missions.
NASA is set to complete a wet dress rehearsal test of the Space Launch System rocket in Florida this weekend, marking the final key test before the liftoff of the Artemis II mission. The test is crucial for ensuring that all systems are functioning correctly before the actual launch.
In other news, Canada Rocket Company has emerged from stealth with a $6.2 million CDN ($4.5 million) seed funding round and plans to create sovereign light- and medium-lift launch capabilities. The company aims to build a scalable architecture around a familiar methalox engine and field much of the tech with mature subsystems from the Canadian and European ecosystem.
The Federal Aviation Administration expects continuing growth in launches, with the number of licensed operations projected to double by 2029. This growth has put pressure on the FAA's Office of Commercial Space Transportation to keep up with the increased cadence.
European Space Agency is studying the reentry and breakup of a SpaceX Falcon 9 upper stage over Poland, which was uncontrolled and resulted in debris landing in various locations across the country. The study aims to gather more information about the provenance of the tags used on the external tank of the ill-fated Challenger mission in 1986.
SpaceX is targeting mid-March for its next Starship launch, with a new "Version 3" iteration of the vehicle featuring an improved engine that will loft more than 100 tons of payload to low-Earth orbit.
Musk has previously confirmed that SpaceX plans to go public sometime this year, with a valuation expected above $1 trillion. However, there are concerns about whether the merger will be completed on time, given the complex nature of the deal.
The planned merger is not necessarily inevitable, but it seems likely due to Musk's ambitious goals for the company and its efforts to expand into new areas such as space-based AI computing.
Meanwhile, a 5-ton satellite fell off a Japanese rocket, causing debris to shower down on Poland. The incident highlights the risks associated with re-entry of elongated upper stages in very low-Earth orbit (VELO), which has significant implications for future space missions.
NASA is set to complete a wet dress rehearsal test of the Space Launch System rocket in Florida this weekend, marking the final key test before the liftoff of the Artemis II mission. The test is crucial for ensuring that all systems are functioning correctly before the actual launch.
In other news, Canada Rocket Company has emerged from stealth with a $6.2 million CDN ($4.5 million) seed funding round and plans to create sovereign light- and medium-lift launch capabilities. The company aims to build a scalable architecture around a familiar methalox engine and field much of the tech with mature subsystems from the Canadian and European ecosystem.
The Federal Aviation Administration expects continuing growth in launches, with the number of licensed operations projected to double by 2029. This growth has put pressure on the FAA's Office of Commercial Space Transportation to keep up with the increased cadence.
European Space Agency is studying the reentry and breakup of a SpaceX Falcon 9 upper stage over Poland, which was uncontrolled and resulted in debris landing in various locations across the country. The study aims to gather more information about the provenance of the tags used on the external tank of the ill-fated Challenger mission in 1986.
SpaceX is targeting mid-March for its next Starship launch, with a new "Version 3" iteration of the vehicle featuring an improved engine that will loft more than 100 tons of payload to low-Earth orbit.