gettyimages 2289079330

Why SpaceX stock is falling despite strong revenue growth

Shares of SpaceX tumbled on Wednesday despite reporting strong revenue growth in its first public quarterly earnings report, as investors questioned the rocket maker’s accelerating investment in artificial intelligence. SpaceX shares tumbled $10.06, or 8%, to $115.27 in early afternoon trading on Wednesday.  Investors are worried that the company’s massive investments in artificial intelligence won’t be enough…

Read More
ap26206009691207

SpaceX’s giant Super Heavy-Starship rocket blasts off on key test flight

SpaceX launched its 13th Super Heavy-Starship rocket Friday, with the giant booster chalking up an on-target but “hard” splashdown off the Texas Gulf Coast while the Starship upper stage carried out a successful suborbital hop to the Indian Ocean. Powered by 33 methane-fueled Raptor engines, the 397-foot-tall two-stage rocket blasted off from SpaceX’s Starbase, Texas,…

Read More
063026 strongman

Spacewalkers successfully replace broken “wrist” joint in space station’s robot arm

Two NASA astronauts floating outside the International Space Station carried out a bit of orbital surgery Tuesday, successfully replacing a broken 200-pound “wrist” joint near the end of the lab’s 58-foot-long robot arm.  “That is a good install, you guys. I know that was tough. Wonderful work,” Canadian astronaut Jenni Gibbons called up from mission…

Read More