The US space enterprise is desperately waiting for Starship—will it finally deliver?
Summary
SpaceX, known for making rockets, has expanded into telecommunications and artificial intelligence services. Its future depends heavily on the Starship rocket, which has faced many tests and delays but may fly again soon.Key Facts
- SpaceX spent $17 billion buying wireless spectrum to improve its Starlink internet network.
- The company plans to launch one million orbital data centers in space.
- SpaceX merged with Elon Musk’s AI firm xAI, valued at $250 billion.
- The company is also moving into computer chip manufacturing.
- SpaceX may soon have an IPO valuing it at $1.5 to $2 trillion.
- Starship, SpaceX’s new rocket, has had 11 test flights and many technical challenges.
- Developing Starship has cost about $15 billion over 10 years.
- Starship aims to be the world’s largest, most powerful rocket with rapid reuse, a difficult engineering goal.
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