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Associated Press

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Link spacecraft on NASA’s Swift reboost rescue mission reports reaction wheel and thruster failures, spinning in uncontrolled at

Katalyst Space Technologies says its Link satellite—launched nearly a month ago to reboost NASA’s Swift astrophysics observatory—has developed attitude control problems. Preliminary findings indicate two of Link’s three reaction wheels are inoperable, with reported thruster issues driving an uncontrollable spin that disrupts communications.

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Viasat discloses $291.4M in satellite construction payments due by 2031 and $509.8M in future capacity lease commitments

Viasat said in its 2026 annual report that, as of March 31, it had $291.4 million in satellite construction payments due over the next five years (through 2031). It also reported $509.8 million in future commitments to purchase satellite capacity from third-party fleet operators.

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China signals an offshore satellite-launch push while SpaceX expands Starlink cadence after Starship test activity

China is pursuing sea-based satellite launches, aiming to narrow the US orbital gap and broaden commercial launch options, according to a July 28, 2026 roundup. The competitive push lands as SpaceX executed a Starship flight test and continues deploying Starlink via Falcon 9—most recently lifting 24 satellites from Vandenberg on July 25.

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Bloomberg

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SpaceX and Tesla turmoil: market cap rout ahead of August 6 lock-up expiration

SpaceX’s shares fell again as investors priced in a major supply event: an Aug. 6 lock-up expiration releasing up to 911.5 million shares, far larger than the current public float. The selloff has wiped more than $1 trillion in market value and deepened Elon Musk’s wealth decline amid Tesla/SpaceX financial turbulence.

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