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The Air Current • Elan Head

SpaceX shares rebound nearly 60% from August low as Starship progress and AI business lift valuation

SpaceX shares have climbed to their highest level since June, recovering nearly 60% from an early-August low and restoring Elon Musk’s trillionaire status. The rebound has been attributed to progress on Starship and the company’s AI business, as well as a bullish Morgan Stanley call; a separate report says the FAA has loosened its tolerance for aircraft exposure to falling space debris.

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SpaceNews.com • Jason Rainbow

Open Cosmos sets 192-satellite target for connectivity network amid launch shortage

By SpaceNews.com: Open Cosmos has built at least 50 of the more than 96 ConnectedCosmos connectivity satellites the British company said Oct. 5 it plans to deploy before the end of 2028, CEO Rafel Siquier told SpaceNews.

2026-10-05T09:56:17.463480-07:00