SpaceX
Larry Ellison's fortune grew by $101 billion, reaching $393 billion. This allowed him to become the richest person in the world for the first time, surpassing Elon Musk.
Tesla's board of directors has proposed a new $1 trillion compensation plan to Elon Musk, contingent on achieving ambitious goals. This includes significant growth in market capitalization, sales of millions of cars, and the development of new technologies.
Billionaire Elon Musk received an invitation to a summit of technology leaders at the White House, but does not plan to attend. His representative will be present at the event, where other well-known tech giants are expected.
SpaceX successfully launched 24 Starlink satellites from California. The Falcon 9 rocket's first stage completed its 15th successful launch and landing.
The NISAR satellite, a joint development by NASA and ISRO, has been launched into orbit with the largest reflector antenna. It will track glacier movement, earthquakes, landslides, and deforestation.
The tenth test flight of SpaceX's Starship rocket was successful, deploying satellites and splashing down in the Indian Ocean. The Super Heavy booster successfully landed in the Gulf of Mexico.
Elon Musk's startup xAI has filed a lawsuit in a US court against Apple and OpenAI. The accusations concern an illegal conspiracy to impede competition in the field of artificial intelligence.
The tenth test flight of the Starship rocket, scheduled for August 26, has been postponed due to a liquid oxygen leak and weather conditions. SpaceX engineers have made changes to the design to improve reliability.
The launch of SpaceX's Starship Flight 10 rocket has been canceled 17 minutes before liftoff. The reason was problems with ground systems; the launch has been postponed to August 25.
Elon Musk abandons the idea of creating his own political party, focusing instead on supporting Vice President J. D. Vance. The billionaire may financially support Vance in the 2028 presidential election.
SpaceX is preparing for the tenth test flight of Starship on August 24 from the Starbase site. This launch is a key stage in preparing the spacecraft for NASA's lunar missions.
SpaceX has accumulated nearly $5. 4 billion in tax losses, avoiding federal income tax. The company uses tax benefits, including loss carryforwards, made possible by changes in tax legislation in 2017.
SpaceX will update the design of the Starship rocket by removing one stabilizer. The new version will have three larger and stronger grid fins for better descent.
US President Donald Trump signed an executive order to simplify federal regulations for commercial space launches. Shares of AIRO Group, Satellogic, and Rocket Lab USA rose, some by more than 11%.
Four astronauts from the USA, Japan, and Russia arrived at the ISS in a SpaceX capsule. They will spend at least six months on the station, replacing the previous crew.
Norway, Ukraine, and Great Britain may join the EU's secure satellite network IRIS², which is an alternative to Elon Musk's Starlink. Norway is already in negotiations, while Ukraine and Great Britain have not yet started them, despite concerns about Starlink's market dominance.
The European Vega C rocket successfully launched on July 25 from the Kourou spaceport, putting the MicroCarb satellite for CO2 mapping and four CO3D satellites for 3D Earth mapping into orbit. This is the fifth Vega C launch and the third successful one after an anomaly in December 2022.
Elon Musk ordered the Starlink terminals in the Kherson region to be disabled in September 2022, which caused communication disruptions and hindered the encirclement of Russian positions. This incident was the first known case of Starlink being disabled on the battlefield, raising concerns about the billionaire's influence on geopolitics.
The Starlink satellite communication system has resumed operations after a 2. 5-hour outage caused by a malfunction of internal software services. SpaceX Vice President Michael Nichols apologized for the temporary inconvenience and promised to eliminate the cause of the problem.
Elon Musk apologized for the Starlink outage, promising a quick restoration of service and elimination of the cause. Problems with the system were observed worldwide, including the front in Ukraine.
Donald Trump's administration considered terminating contracts with SpaceX after a spat between Trump and Elon Musk. A review of the contracts revealed their critical importance to the Department of Defense and NASA, making their cancellation impossible.
The SpaceX Crew Dragon capsule with four astronauts, including NASA veteran Peggy Whitson and representatives from India, Poland, and Hungary, successfully returned to Earth after 18 days on the ISS. For the three countries, this was their first flight to the ISS, and for 65-year-old Whitson, it was her fifth trip to space.
Elon Musk stated that he plans to hold a Tesla shareholder vote on investing in the xAI startup. This will deepen xAI's integration into Musk's business empire, despite no merger plans.
Linda Yaccarino, CEO of X Corp. , announced her resignation after two years. The Financial Times reports that the reason was disagreements with Elon Musk, whose direct style clashed with her sophistication, despite the successful expansion of X's advertising business.
Elon Musk called on Donald Trump to release the materials of the Jeffrey Epstein case, as he promised. This happened after the Department of Justice confirmed Epstein's suicide and the absence of a "client list."
Ukraine will become the first country in Europe with Starlink mobile services. Messaging will be launched by the end of 2024, and mobile satellite internet in mid-2026.
Elon Musk's startup xAI has released Grok 4, a new flagship artificial intelligence model that, according to Musk, outperforms PhDs. Simultaneously, xAI introduced a new SuperGrok Heavy subscription for $300 per month, making it the most expensive on the AI market.
In Britain, three men have been found guilty of arson at a warehouse that supplied goods, including Starlink satellite equipment, to Ukraine. British officials stated that the culprits were acting on orders from the Russian mercenary group "Wagner."
Elon Musk announced the creation of a new political party, the "American Party," after polling his followers. The party's goal is to "restore freedom" to the United States, opposing the two-party system.
The European consortium Arianespace will launch the CO3D satellites from Airbus Defence and Space and MicroCarb satellites from CNES into orbit on July 25, 2025, using a Vega C rocket. The CO3D mission will create 3D maps of Earth, while MicroCarb will map CO2 sources and sinks.