Bloomberg and Reuters are reporting that SpaceX will mount an Initial Public Offering (IPO) in 2026, and in the process raise more than $25 billion (€21.5bn). The end result will be a business with an overall valuation of more than $1 trillion. There is no confirmation or denial from Elon Musk, but he has said […]

According to a recent Bloomberg broadcast, SpaceX is now valued at about $350 billion (€336.2bn). This value has been suggested to split with the Starlink broadband system representing about 65 per cent of SpaceX’s valuation at $227.5 billion and the rocket launch side of the business accounting for 35 per cent at $122.5 billion. SpaceX […]

The Combined General Shareholders Meeting of Vivendi, held December 9th under the chairmanship of Yannick Bolloré, approved by more than 97.5 per cent of the votes the separation from Vivendi of Canal+, Havas and Louis Hachette Group (the company bringing together the 66.53 per cent investment in Lagardère and 100 per cent of Prisma Media). […]

Later today [May 2nd], a SpaceX rocket will launch another 23 Starlink satellites from a Florida launch pad. It follows on from a Falcon 9 launch on April 28th which placed another batch of 23 Starlink broadband satellites into their transfer orbits. That launch took the total Starlinks launched to 6,304, of which 5,896 are […]

MBC Group’s Saudi Arabia stock exchange IPO debut raised $222 million with its debut, and early investors saw an immediate 22 per cent jump in the share price helped by a significant over-subscription in demand. MBC is the leading – some might say dominant – Arab language broadcaster over the Middle East. The MBC IPO […]

Elon Musk has again stressed that there is absolutely no rush to spin-off his SpaceX Starlink broadband-by-satellite business. He told Fortune magazine that having floated his Tesla car business (in 2010) he preferred Starlink to stay private. Of course, would-be investors have their eyes on a probable significant return on an Starlink investment, so the […]

A blank-cheque SPAC company set up by former New York Yankees all-star Alex Rodriguez is planning to merge with satellite communications provider Lynk Global, according to Bloomberg. Slam Corp, a special purpose acquisition company, has reportedly signed a letter of intent to merge with Lynk, with the combined company expected to list on the Nasdaq […]

Munich-based Isar Aerospace, which specialises in small satellite launches, has modified its formal registration from a GmbH (‘Gesellschaft mit beschränkter Haftung’, meaning ‘company with limited liability’) to an ‘SE’ (Societas Europaea) registered business. Rumours suggest the move could be a precursor to a move to an IPO. Isar Aerospace has raised significant funds over the […]

Elon Musk, speaking ahead of the November 19th Starship launch, denied a Bloomberg report that his rocket company SpaceX was discussing an initial public offering (IPO) for its satellite internet business, Starlink – perhaps as soon as 2024. Musk, posting on his social media platform X, specifically described the Bloomberg report as “false”. The report […]

Terran Orbital is busy building satellites including 600 for Rivada Networks, but a group of investors are concerned about the company’s depressed share price and demanding that the CEO Marc Bell be replaced – and the current role of CEO and Chairman be divided. The investors also want an urgent strategic review of the business. […]