Elon Musk

Industrials

GE Aerospace Makes $12B Play in Clogged Market for Cast Metal Parts

Photo via IMAGO/dts Nachrichtenagentur/Newscom

For GE Aerospace the acquisition represents a critical chance to it expand its own production capacity amid booming demand.

2 min read

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Industrials

NASA Taps Blue Origin for $700 Million Mars Contract, Further Diversifying From SpaceX

Blue Origin will develop the Mars Telecommunications Network, which will provide high-bandwidth communications and navigation services.

1 min read
Photo via Uber/Avride

Artificial Intelligence

Uber, Waymo and Tesla Speed Toward Driverless Future

Goldman Sachs estimates that the total number of robotaxis on the road will increase from around 7,000 last year to 1 million by 2030

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

S&P Hits Record High as 86% of Members Blow Past Wall Street Forecasts

About 86% of reporting S&P 500 companies exceeded consensus earnings-per-share estimates in Q2, but plenty of pitfalls may stymie performance.

2 min read

Industrials

Can SpaceX’s First Earnings Call Ease Pressure from Looming Lockup Expirations?

Photo via Michael Cain Jr./Sipa USA/Newscom

On Thursday, employees and early investors will be able to sell another 911 million shares worth some 12% of the company

2 min read

Technology

Budget Carrier Frontier Joins Fleet of Airlines Offering Starlink-Powered Wi-Fi

Photo by Brandon Karaca via Unsplash

In its IPO prospectus, SpaceX said that Starlink accounted for just over 60% of its $18.7 billion in revenue last year.

1 min read

Industrials

SpaceX’s Quest for Warp Speed Rattles Smaller Firms in Its Wake

Photo illustration by Connor Lin / The Daily Upside

SpaceX’s debut has proven more rollercoaster ride than rocket trip so far — for its own investors as well as for smaller firms in its wake.

4 min read

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