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Technology1 min read

Nvidia discloses $21B stake in SpaceX

Nvidia has disclosed that it owns nearly 123 million shares in SpaceX, further highlighting the chipmaker’s entangled financial relationships with some of its biggest customers. The $5.5 trillion company owned SpaceX stock worth nearly $21 billion at the end of June, according to an SEC filing on...

Technology1 min read

Satellite operators are in panic mode due to a worsening launch crisis

This should be a golden era of launch. During the last three years, an average of 270 orbital rockets have launched from Earth, a more than threefold increase from only a decade ago. By every metric available, the launch industry is crushing it: Prices have never been more competitive, launches n...

Technology1 min read

Ukraine strikes major Russian rocket factory with cruise missiles

Ukrainian President Volodymyr Zelenskyy confirmed on Saturday that his country struck the Progress Rocket Space Center deep within Russia using ground launched cruise missiles. "In Russia’s Samara region, one of the key enterprises within Roscosmos—the Progress Center, which was involved, among o...