Tag: X
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SpaceX spooks investors with debut earnings report
SpaceX shares dropped on Wednesday after Elon Musk’s plans for blockbuster spending to position his AI and rocket company as a data center developer spooked investors. SpaceX surpassed analysts’ expectations in Tuesday’s debut earnings report, posting quarterly revenues of $7.8 billion, well above analysts’ estimates of $6.82 billion and up 92 percent from a year…
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FCC Seeks Input on Satellite Market Access Amid Concerns Over EU Space Act
The Federal Communications Commission (FCC) has opened a public comment period on international satellite market access, as U.S. regulators examine whether American operators face growing barriers overseas. The notice, issued on March 3, invites feedback on the current state of foreign market access for U.S. satellite companies and how regulatory policies abroad could affect future…
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Elon Musk says SpaceX and X will relocate their headquarters to Texas
Elon Musk said Tuesday that he will move the headquarters of SpaceX and his social media company X from California to Texas in response to a new gender identity law signed by California Governor Gavin Newsom. Musk’s announcement, made via a post on X, follows his decision in 2021 to move the headquarters of the…