
As Tesla Stumbles, SpaceX’s Finances Go From Strength to Strength
Wall Street Journal reports: Much of Elon Musk’s business empire is in disarray, but his rocket-and-satellite company is riding high.
Wall Street Journal reports: Much of Elon Musk’s business empire is in disarray, but his rocket-and-satellite company is riding high.
Last Updated: Friday, July 11, 2025, 6:23 PM PDT
2025-07-11T18:23:22.431436-07:00 2025-07-11T18:23:22.431436-07:00 (2025-07-11T18:23:22.431436-07:00)
By The Air Current: India's Aircraft Accident Investigation Bureau (AAIB) confirms earlier TAC reporting.
By Breaking Defense: Oslo’s purchase of the HH-60W could help extend the helicopter’s production line after the US Air Force moved to end procurement of the platform in 2022.
By Spaceflight Now: The high-end sunglasses designer is the newest announced partner to join Axiom Space in its development of its Axiom Extravehicular Mobility Unit (AxEMU) spacesuit designed for lunar exploration.
By Via Satellite: The FCC approved SES’s acquisition of Intelsat on Friday, determining that the merger will create “a more vigorous satellite competitor.” .
By Reuters: AE Industrial Partners-backed space and defense technology company Firefly Aerospace on Friday disclosed a 10% rise in 2024 revenue in its filing for an initial public offering in the United States.
By Via Satellite: The European Space Agency (ESA) recently demonstrated Europe's first deep-space optical communication link with NASA's Psyche spacecraft.
By kob.com: Boeing has reached a settlement with a man whose wife and three children were killed in a deadly 2019 plane crash in Ethiopia. The deal announced Friday comes just days before the scheduled start of the first trial stemming from the devastating Boeing 737 Max jetliner crash that left 157 people dead.