Starlink, the satellite internet provider, has introduced a $10 monthly fee for renting its standard hardware kit in the US, a change from its previous free rental model. Customers can still buy the equipment outright, which may be more cost-effective for long-term users despite higher upfront costs. The rental option is limited to residential plans and comes with restrictions such as no service pause and a seven-day return window. This shift reflects Starlink's evolving business model as part of SpaceX, which is preparing for a major IPO in June.
Joe Lonsdale, co-founder of Palantir, publicly endorsed SpaceX and Anthropic as the leading companies in the AI race, citing their strong momentum and focus. While acknowledging OpenAI's capabilities, he suggested it may be losing ground due to compe...
Ahead of its mega-IPO, SpaceX revealed healthcare ambitions in its SEC filing, highlighting Starlink's role in improving remote healthcare access in underserved areas. The company also envisions manufacturing pharmaceuticals in orbit, leveraging micr...
North Carolina State Treasurer Brad Briner said the state's $200 billion pension fund will avoid investing directly in SpaceX's IPO due to its high $1.77 trillion valuation, which he believes leaves little room for gains. Instead, the fund has invest...
OpenAI has confidentially filed for an IPO with the U.S. Securities and Exchange Commission, potentially marking one of the largest public market debuts. Valued at over $850 billion, OpenAI is preparing to go public possibly in the fourth quarter of ...
The Procure Space ETF (UFO) has jumped about 32% in the past month and 165% over the past year, fueled by gains in small commercial space companies like Virgin Galactic. The ETF focuses on companies deriving most revenue from space activities, making...
