A NASA Inspector General report warns that Kennedy Space Center's aging infrastructure cannot meet the high-frequency launch demands of SpaceX's Starship and Blue Origin's New Glenn. Serious issues with nitrogen supply and power systems loom large.
The Chinese government has approved the establishment of a Space Computing Industry Innovation Center to build AI data centers in orbit. This move, made just a week before SpaceX's announcement of AI1, is intensifying the US-China space AI competition.
Just three trading days after its IPO, SpaceX saw its valuation surge by $1 trillion, reaching $2.6 trillion and briefly surpassing Amazon. Key drivers included its acquisition of AI firm Cursor and the launch of options trading, though concerns remain over massive losses and the true state of its AI ventures.
SpaceX conducted its largest-ever IPO, offering 555.6 million shares at $135 each, raising $75 billion. The first-day closing price was $160.95, a 19% gain, bringing the market cap to approximately 9 trillion yen.
FCC relaxes Amazon satellite launch intermediate deadline. Rocket shortage prompts move; SpaceX opposes. Final deadline remains July 2029.
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