Bloomberg
• Sana Pashankar
Blue Origin is likely to pursue an initial public offering within the next several years, founder Jeff Bezos said, following the company’s first outside funding round, which raised billions of dollars. The comments signal a potential future shift in the ownership and financing of the space company.
Commercial Space
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Blue Origin is likely to pursue an initial public offering within the next several years, founder Jeff Bezos said, following the company’s first outside funding round, which raised billions of dollars. The comments signal a potential future shift in the ownership and financing of the space company.
CNBC’s Jim Cramer said Goldman Sachs’ latest increase to its SpaceX price target could indicate that Elon Musk’s ambitions for the company are becoming reality faster than investors expected. The report does not specify the revised target or the assumptions behind Goldman’s change.
SpaceX is working to ready historic Launch Complex 39A at NASA’s Kennedy Space Center for Starship, with the rocket’s first liftoff from Florida potentially only months away. The effort would bring the company’s largest launch vehicle to a new site at the center.
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Elon Musk accused unnamed business interests of keeping Starlink out of India to protect a monopoly, but offered no evidence. Bharat Rashtra Samithi working president KT Rama Rao called on him to identify those he blamed; Musk also said Starlink’s beams were turned off over India, rejecting claims the service had been used by insurgent groups.
Venture capital is finding new opportunities in Europe’s space market, but the financing models and financial infrastructure supporting the sector may not yet match the pace of technological development. The gap could shape how space companies fund growth and turn technical progress into viable businesses.
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The FCC authorized SpaceX to deploy 15,000 satellites for direct-to-device service, while deferring some elements of its request. The commission also moved to make 25 MHz of spectrum available for auction, a step that could benefit satellite-to-phone services from SpaceX and Amazon.
The annual SpaceNews Icon Awards shortlist recognizes individuals, organizations and missions for achievements shaping the space industry. The finalists are cited for excellence in innovation, exploration and sustainability; the announcement does not provide further details on nominees or award categories.
With FCC approval secured and six satellites ready for the launch pad, Xona is shifting its focus to production capacity for the next 250 Pulsar spacecraft. The effort marks a transition from preparing an initial batch for launch to scaling manufacturing for a much larger satellite program.
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