Elon Musk's space company SpaceX suffered a major setback on Friday morning when a next-generation Starship booster prototype exploded.

According to the WSJ, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double its recent $400 billion valuation and surpassing OpenAI to claim the title of America’s most valuable private company.

Blue Origin aims to cut into SpaceX’s launch dominance, and it’s also looking for a major lunar landing contract.

Elon Musk’s rocket company supported a total of 24,000 direct and indirect jobs in 2024 and 2025, according to company data released by Cameron County.

In April, during Jared Isaacman's first nomination hearing for the post of NASA administrator, the Democratic senator from Massachusetts asked repeatedly if SpaceX founder and CEO Elon Musk was in the room when President Donald Trump offered him the job of NASA chief. Isaacman declined to answer directly.

SpaceX receives approval for new launch complex in Cape Canaveral for Starship, bringing it closer to enabling airport-like operations.

A partially reusable Chinese rocket crash-landed after launch, according to state media, illustrating the challenges the country faces as it chases the technology mastered by Elon Musk’s SpaceX.

Jeff Bezos's long-held dream of humanity expanding beyond Earth has taken a dramatic step closer to reality after Blue Origin successfully landed its New Glenn rocket at sea, joining Elon Musk's SpaceX as the only company in the world capable of recovering an orbital-class booster.