President Donald Trump's new administration is likely to do away with the White House's National Space Council, a cabinet policy panel that lobbyists at Elon Musk's SpaceX have been pushing to axe, according to three people familiar with the plans.
President Donald Trump set a bold new goal in his inauguration speech. He wants to go to Mars—and space stocks Rocket Lab USA, Intuitive Machines, Redwire to the moon. Details are thin, but the aspiration should benefit Elon Musk’s SpaceX and a bevy of publicly traded commercial space stocks.
Wedbush Securities analyst Dan Ives predicts that Musk’s revenues from the government are poised to skyrocket under the new administration, calling it “golden era” for him and his companies with Trump in the White House.
A lawsuit was due to be filed minutes after Donald Trump was sworn in Monday, questioning DOGE's compliance with federal transparency laws.
"Americans are explorers, builders, innovators, entrepreneurs and pioneers. The spirit of the frontier is written into our hearts," Trump says.
Starship experienced a "rapid unscheduled disassembly," which is a phrase SpaceX coined to describe an explosion.
SpaceX is preparing for the seventh flight test of the Starship vehicle on Monday afternoon from Starbase in Boca Chica near Brownsville, Texas.
A SpaceX Starship rocket broke up in space minutes after launching from Texas on Thursday, forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris and setting back Elon Musk's flagship rocket program.
Influenced by Elon Musk, the US president is set to execute the plan outlined by Obama in 2010 and canceled by himself in 2017. Experts see it as "impossible" for the US flag to wave on Mars during his term,
Elon Musk is clashing with OpenAI CEO Sam Altman over the Stargate artificial intelligence infrastructure project touted by President Donald Trump, the latest in a feud between the two billionaires that started on OpenAI’s board and is now testing Musk’s influence with the new president.
President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.