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Starcloud banks another $250M for orbital data centers as launch slots dry up
Starcloud has secured an additional $250 million in funding, bringing its total valuation to $2.3 billion, to accelerate the development of its Starship-launched orbital data centers. CEO Philip Johnston highlighted the critical need to secure launch capacity, particularly with SpaceX's Falcon 9 retiring in 2028 and the Starship program facing timeline uncertainties. The company also received investment from Nvidia, indicating strong interest in Starcloud's unique in-orbit GPU operations.
A Falcon 9 stage gouged a 60-foot crater into the Moon — and ULA finally has a new chief
A spent Falcon 9 upper stage created a 60-foot crater on the Moon, captured by NASA's Lunar Reconnaissance Orbiter. In leadership news, Mark Peller has become the new CEO of United Launch Alliance, taking over from Tory Bruno. The article also covers recent developments in rocket launches and failures from various companies including SpaceX, Innospace, and China's LandSpace, alongside updates on European and Chinese space programs.
Six Days of Waiting: NASA’s Orbiter Finally Captures the Moon Crater Left by a Falcon 9
NASA's Lunar Reconnaissance Orbiter captured images of a crater left by a SpaceX Falcon 9 rocket stage impact on the Moon. The crater, measuring approximately 60 feet across, was observed after a six-day wait to align the orbiter's position and lighting conditions. The impact provided scientists with a cross-section of the Moon's uppermost layers, and independent astronomers initially helped pinpoint the impact trajectory.
Falcon 9 Debris Leaves a 60-Foot Scar on the Moon, and NASA Just Photographed It
NASA's Lunar Reconnaissance Orbiter captured images of a new 60-foot crater on the Moon, caused by the impact of a SpaceX Falcon 9 rocket's upper stage. The debris left a significant scar and a visible streak on the lunar surface. Independent astronomer Bill Grey had previously predicted the collision course of the rocket stage.
NASA images show crater on the moon caused by SpaceX Falcon 9 crash
NASA's Lunar Reconnaissance Orbiter has captured images of a crater on the moon, which was formed by the crash of a SpaceX Falcon 9 rocket. The images provide visual evidence of the impact event.
Nvidia’s Hidden 123 Million SpaceX Shares Are Already $4B Underwater
Nvidia disclosed it holds nearly 123 million shares in SpaceX, acquired through an investment in xAI which was later folded into SpaceX. This stake, initially valued at $21 billion, has seen a paper loss of approximately $4 billion due to a recent decline in SpaceX's stock price. SpaceX's CEO Elon Musk confirmed the company's exclusive reliance on Nvidia for its data center hardware needs.
SpaceX has officially acquired AI coding startup Cursor
SpaceX has officially acquired the AI coding startup Cursor. The acquisition is valued at $60 billion and has been finalized.
Kyoto researchers turn 1,200 Starlink satellites into an upper-atmosphere imaging array
Researchers at Kyoto University have developed a novel method to image Earth's upper atmosphere by using approximately 1,200 Starlink satellites as an array. This technique analyzes the drag experienced by the satellites to create a two-dimensional map of thermospheric density, a region previously difficult to observe directly. The findings, consistent with data from the European Space Agency's SWARM satellites, could improve space weather forecasting and collision avoidance for satellites and debris.
Korean lunar orbiter snaps first pics of the SpaceX Falcon 9 crash site on the moon
A Korean lunar orbiter has captured the first images of the impact site on the Moon caused by a SpaceX Falcon 9 rocket. NASA estimates the resulting crater to be approximately 60 feet wide, providing new data on the rocket's lunar descent.
SpaceX's wandering Falcon 9 rocket has crashed into the moon
A SpaceX Falcon 9 rocket, previously used for the January 2025 Blue Ghost mission, has crashed into the surface of the moon. This incident marks an unplanned lunar impact for the reusable rocket.
Starlink Dishes as Cell Towers: SpaceX Sets Its Sights on T-Mobile, AT&T and Verizon Subscribers
SpaceX is planning to build its own terrestrial mobile network to compete directly with T-Mobile, AT&T, and Verizon. The company intends to leverage Starlink dishes equipped with cellular base stations to offer a service that CEO Elon Musk and President Gwynne Shotwell believe will be superior to current offerings. This move represents a significant shift from their current direct-to-device service, which acts as an add-on to existing carrier networks.
Evening Reading - August 4, 2026
This edition of Evening Reading covers various gaming news, including earnings reports from companies like Snapchat, SpaceX, and AMD. It also touches on updates for games such as Dead by Daylight, Marvel Rivals, and Destiny, alongside mentions of indie titles like Ugoku Sushi Bar and the Fire Emblem franchise. The article also highlights industry figures and business developments.
SpaceX's first public earnings statement shows the financials of an AI company in 2026
SpaceX has released its first public earnings statement, revealing the financial status of the company in 2026 with a significant focus on artificial intelligence operations. The statement highlights substantial capital expenditures related to these AI initiatives.
SpaceX's (SPCX) Starlink could one day provide the majority of the world's internet, says Elon Musk
Elon Musk, during SpaceX's Q2 2026 earnings call, predicted that Starlink could become the world's primary internet provider within the next 10 years. He clarified this projection applies to countries where SpaceX is permitted to operate, noting its current unavailability in major nations like China and Russia. The earnings report indicated that SpaceX beat revenue expectations and had a smaller-than-expected EPS loss.
SpaceX (SPCX) Q2 2026 earnings results beat revenue in first report since IPO
SpaceX reported its first quarterly earnings for Q2 2026, exceeding revenue expectations with $7.8 billion and showing a smaller-than-expected loss per share. The company's stock experienced fluctuations in after-hours trading following the release of the financial report.
Listen to the SpaceX (SPCX) Q2 2026 earnings call here
SpaceX is holding its first-ever earnings call for its Q2 2026 financial results on August 4th. The webcast will be available on the SpaceX financial website, with CEO Elon Musk potentially speaking. This event is significant for investors and observers of the company.
SpaceXAI pats itself on the back for removing temporary turbines in Memphis under agreed order over the next year: "We care deeply about being good neighbors"
xAI and SpaceX have agreed to remove 69 mobile turbines powering their Mississippi data centers over the next 11 months, following an agreement with the Mississippi Department of Environmental Quality. The company plans to switch to power from a new 1.2 GW plant under construction and will invest in emission control technologies for the turbines. This action comes amid ongoing environmental and ethical disputes regarding the turbines and the rapid expansion of AI infrastructure.
Google’s AI Spending Guidance Just Slipped — And That’s the Real Story
Google has revised its capital expenditure guidance upwards, now projecting spending between $195 billion and $205 billion, a significant increase from the previous $190 billion ceiling. This revision, coupled with competitive pressures from Chinese AI firms and potential overbuilding of data centers across the industry, raises concerns about profitability and forecasting accuracy for Google and the broader AI sector.
SpaceX's 13th Starship flight test launches with Starlink's next-gen satellites
SpaceX launched its 13th Starship test flight, carrying 20 next-generation V3 Starlink satellites. This mission is part of ongoing development and testing for the Starship program.
Evening Tech Bits
Intel and AMD have reportedly signed long-term server CPU deals with Chinese customers, with prices increasing by over 40%. Separately, proposals for space-based datacenters by Elon Musk's SpaceX and Jeff Bezos's Blue Origin have been deemed potentially catastrophic for the planet.