Reps. Dan Meuser and Gil Cisneros disclosed stock purchases in SpaceX shortly after its June 12 IPO, which valued the company at over $2 trillion. Meuser's dependent child bought between $15,001 and $50,000 in stock, while Cisneros bought between $1,001 and $15,000. Both lawmakers serve on committees related to finance and defense, making their trades politically sensitive, but there is no evidence they used nonpublic information or broke any laws. These disclosures may signal more congressional trades in SpaceX as the company and other tech IPOs gain attention in Washington.
After SpaceX imposed speed limits on its Starlink satellite internet service that disrupted Ukraine's military drone operations, Ukraine's Ministry of Defense signed a letter of intent with Finnish companies Nokia and ICEYE to develop new satellite c...
Ukraine continues to experience restrictions on SpaceX's Starlink internet system, specifically the military-grade Starshield service, which limits drone speeds to under 100 mph. This throttling disrupts Ukrainian drone operations and limits their ab...
Citi projects SpaceX's Starlink will not launch a national wireless service until around 2029, positioning it behind established telecom giants like AT&T and Verizon. However, recent reports that SpaceX aims to secure 80,000 cell sites across the US ...
Shares of T-Mobile, AT&T, and Verizon fell sharply after reports that SpaceX is negotiating access to 80,000 U.S. cell sites, aiming to become a fourth national wireless carrier. This move would combine SpaceX's satellite service with terrestrial inf...
SpaceX is reportedly negotiating access to about 80,000 U.S. cell towers to establish a fourth nationwide wireless carrier, potentially disrupting the telecom market. While major carriers like Verizon, AT&T, and T-Mobile saw stock declines, tower own...
