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space industry

  • Blackrock eyes SpaceX stake as Musk pulls IPO forward to June

    Tech

    Elon Musk is pulling SpaceX’s long-awaited stock market debut forward as BlackRock weighs a major investment in what could become the largest IPO ever attempted. The rocket and satellite giant is now expected to price its flotation on 11 June before beginning trading on Nasdaq the following day under the ticker SPCX, according to Bloomberg. [...]

    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • Space is the new frontier in economics

    Opinion

    Property rights underpin capitalism here on Earth, they must do the same in space – a new book by City AM columnist Rainer Zitelmann argues A little over ten years ago, when smartphones were still sufficiently new to mention, I attended a talk by an economist who argued that it was a mistake to see [...]

    Astronaut floating in space with Earth visible in the background, highlighting the vastness of the universe and human expl...
  • Be careful Trump. Deporting Elon Musk would hand space travel to China

    Opinion

    Without Musk's SpaceX, the US would be second place to China. If Trump deports Elon Musk, he'll set US space travel back decades.

    Elon Musk was handed nearly $30bn in Tesla shares after he threatened to walk away from the company
  • Britain’s space launch programme could be thwarted by NATO

    May 19, 2025

    Aspirations of UK space launch will soon collide with the new geopolitical realities of global security, writes Susan Walton.

  • The Debate: Is investing in space tourism irresponsible?

    April 23, 2025

    Blue Origin's star-studded space flight caused more backlash than awe, but is all space tourism frivolous? Two writers hash it out.

  • UK to land Europe’s first rover on Mars

    March 29, 2025

    Airbus UK has secured a £150m contract to engineer the landing platform for Europe’s first Mars rover. The Rosalind Franklin rover, which was built entirely in Stevenage, is scheduled to launch in 2028 and touch down on the red planet in 2030, marking a major milestone in European space exploration. The mission, led by European [...]

  • Tech secretary hails space sector as a ‘launchpad’ for growth

    March 11, 2025

    Science secretary Peter Kyle has hailed the UK space sector‘s recent achievement as proof that the UK is a “launchpad for innovation and investment”. The field has secured £80m more in European Space Agency (ESA) contracts than government contributions in late 2024, the highest return for any ESA member state. This success is set to [...]

  • Orbex: Rocket-maker secures £20m investment from UK government ahead of take off

    January 29, 2025

    The UK government has invested £20m in rocket-maker Orbex as it prepares to build and launch from its site in the Shetland Islands. The injection of funding is expected to help back Orbex’s Prime, the first UK-manufactured and UK-launched orbital rocket.   Prime is scheduled to take off towards the end of this year at the [...]

  • British firm Filtronic scores another multi-million contract with Elon Musk’s SpaceX

    August 30, 2024

    Microwave technology firm Filtronic has scored another multi-million-pound contract with Elon Musk’s SpaceX, it revealed today. The London-listed company, which is headquartered in Leeds and supplies products to the aerospace, defence, space and telecoms infrastructure sectors, said the $8.4m (£6.4m) production order from the satellite internet company was a positive sign that demand remained high for [...]

  • Watch: Rocket engine explodes at a UK spaceport in the Shetland Islands

    August 20, 2024

    Spacecraft firm Rocket Factory Augsburg (RFA) said no-one was injured in the explosion and regular operations would return "as soon as possible."

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