Bloomberg
• Joe Lovinger, Madlin Mekelburg
Gina Hinojosa used her first news conference since winning the Texas gubernatorial election to call for a pause in discussions over a potential sale of state park land to Elon Musk’s Space Exploration Technologies Corp. The articles provide no further details on the land or the proposed transaction.
Commercial Space
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Gina Hinojosa used her first news conference since winning the Texas gubernatorial election to call for a pause in discussions over a potential sale of state park land to Elon Musk’s Space Exploration Technologies Corp. The articles provide no further details on the land or the proposed transaction.
CesiumAstro closed a $730 million Series D led by Janus Henderson, valuing the space and defense communications company at more than $4.5 billion. The financing announcement follows what the company called a fully successful Element-1 mission and the unveiling of its Synchronicity satellite constellation.
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The FAA proposed changes to commercial space launch and reentry licensing as the U.S. targets capacity for 1,000 launches annually by 2030 and 10,000 combined launches and reentries by 2035. The actions include four regulatory measures and a broader overhaul of the licensing framework planned for 2027.
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Blue Origin says the upgrades will expand New Glenn’s payload reach to higher-energy orbits and the Moon while lowering manufacturing costs. The company unveiled a third stage and a new booster engine, Northstar, at an event at Kennedy Space Center; the announcements broaden its launch vehicle and propulsion development plans.
SpaceX, which has already reshaped the internet-from-space business, is planning a terrestrial wireless network to compete with Verizon, T-Mobile and AT&T. The move would put Elon Musk’s company in direct competition with established U.S. mobile carriers as it expands beyond satellite connectivity.
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SpaceX and Tesla shares fell about 9% and 11%, respectively, as investors assessed how Democratic gains in the U.S. midterm elections could affect Elon Musk’s companies. Reports cited potential congressional scrutiny and tighter regulation, while other coverage pointed to possible delays in data-center construction and uncertainty around a merger outlook.
In a SpaceNews podcast episode, Mike Gruss speaks with Auriga Space CEO Winnie Lai about the idea of building a “highway to the moon and back.” The available summary does not specify a particular program, technology milestone or company announcement.
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