Tag
Stoke Space raises $1 billion in Series E funding to accelerate the development of its fully reusable Nova rocket, targeting the first orbital launch in early 2027 and unveiling a larger Nova Block 2 vehicle.
Elon Musk endorses Peter Diamandis's statement that reusable rockets are reducing space launch costs, paving the way for a new space economy.
Elon Musk announces that SpaceX will likely catch the Starship with the tower in a few months and expects the first reflight by the end of the year, highlighting its significance for human space exploration.
Policy experts highlight that Europe faces high space launch costs and a strategic dilemma, choosing between lower-cost US technology or expensive, poorly scalable domestic options to remain competitive.
Russia's Amur-LNG reusable rocket project, intended as a Falcon 9 competitor, faces continued delays; Roscosmos official Dmitry Baranov reports they are working on a first-stage demonstrator.
India's Vikram-1 rocket by Skyroot Aerospace is set for its debut flight on July 18, aiming to become the first commercial Indian rocket to reach orbit. Also covered: Japan's JAXA conducts a reusable rocket landing test, and a new suborbital test range opens in Australia.
Kevin Weil, a former OpenAI executive, has joined the board of Stoke Space, a startup building reusable rockets to compete with SpaceX.
SpaceX's upcoming $75 billion IPO is heavily oversubscribed despite skepticism; analysts value the company lower than the offering price, with key risks tied to its ambitious orbital data center and AI compute plans.