Reuters
• Akash Sriram
SpaceX’s inaugural earnings call as a public company is expected to center on profitability, AI investment and Starlink’s satellite communications business. Retail shareholders, however, are submitting questions ranging from Starship’s lunar mission and orbital refueling to the possibility of painting the company’s rockets pink.
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SpaceX’s inaugural earnings call as a public company is expected to center on profitability, AI investment and Starlink’s satellite communications business. Retail shareholders, however, are submitting questions ranging from Starship’s lunar mission and orbital refueling to the possibility of painting the company’s rockets pink.
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SpaceX stock has fallen below its June IPO price and swung sharply in the run-up to its first earnings report as a public company on Aug. 4. Investors are also preparing for the release of hundreds of millions of locked-up shares and updates on Starship, Starlink and AI initiatives.
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Spain plans to invest €1.6 billion to €2 billion in a national military satellite communications constellation potentially integrated with IRIS², while Airbus will build the secure SpainSat NG-III for Hisdesat. The developments coincide with strong Leonardo Space results and new work on sovereign broadband and direct-to-device payloads.
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BAE Systems is expanding its industrial presence in India as New Delhi pursues defense self-reliance, while New Zealand begins acquiring a long-range surveillance UAV. In the UK, TEKEVER and iCOMAT are scaling collaboration around AR5 production, underscoring the growing emphasis on sovereign supply chains and indigenous aerospace technologies.
As companies develop plans for data centers in orbit, experts are urging the industry to establish safety practices early. The emerging constellations raise unresolved questions about orbital coordination, traffic management and the long-term effects of adding significant infrastructure to an already contested space environment.
Ukrainian President Volodymyr Zelensky asked U.S. President Donald Trump to enable Starlink support for operations targeting ballistic-missile launchers inside Russia. The request would expand the role of commercial satellite connectivity in Ukraine’s military targeting and strike activities.
Satellite imagery has reportedly detected fresh burn scars and active fires at Amazon data centers and at a Saudi oil refinery, indicating continued strikes affecting critical energy and cloud infrastructure. The observations add to the growing body of satellite-based assessments of wartime damage in the region.
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K2 Space has secured $500 million in Series D funding at a $6.8 billion valuation, more than doubling its value in seven months. The California-based satellite manufacturer plans to scale production, accelerate next-generation spacecraft development and move from orbital demonstrations toward larger commercial and military orders.
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