Eutelsat's shares soared this week and continued climbing on Friday as its competitor Starshield drew criticism over its limitations in Ukraine.

Elon Musk’s rocket company has clawed back most of its first-half Bitcoin losses, without selling a single coin.

Elon Musk says SpaceX will compensate users if Grok AI mishandles transactions or leaks card info.

Gabriela Castillo Madrid, SpaceX's senior manager of global government affairs, is set to face questioning Friday by the New York City Council, which is investigating artificial intelligence safety.

Elon Musk’s SpaceX just moved closer to America’s cellphone market on October 8, agreeing to buy Grain Management’s nationwide 800 MHz wireless-spectrum portfolio as reported by Reuters . The deal is still subject to regulatory approval, but it might help solve a familiar problem: getting a reliable indoor phone signal.

But although satellites are good at offering widespread coverage, they are less good when it comes to serving cities, towns and other large concentrations of people efficiently. Each Starlink satellite has a fixed capacity, and, because they are in orbit, each spends only a tiny fraction of its time over a given place.

SpaceX has been a closely watched player for a number of reasons. First, its IPO was the biggest ever, raising more than $85 billion after the exercise of an overallotment option, and the company entered the market with a trillion-dollar valuation.