Musk xAI Seeks $113Bn Valuation In Share Sale

June 2, 2025

Catenaa, Monday, June 02, 2025- Elon Musk’s xAI is launching a $300 million share sale that values the group at $113 billion, The Financial Times reported on Monday. The report quoting sources said the deal will allow staff to sell shares to new investors, validating the pricetag struck when Musk’s xAI start-up acquired his social […]

SpaceX Reaches $17B Deal With EchoStar For Spectrum Licenses

September 8, 2025

Catenaa, Monday, September 08, 2025- Elon Musk’s SpaceX has reached a deal worth about $17 billion with EchoStar for spectrum licenses that it will use to beef up its Starlink satellite network. The deal for EchoStar’s AWS-4 and H-block spectrum licenses includes up to $8.5 billion in cash and up to $8.5 billion in SpaceX […]

Trump signs Execuitive Order boosting Musk’s SpaceX launches

August 14, 2025

Catenaa, Thursday, August 14, 2025- US President Donald Trump signed an executive order on Wednesday to ease regulations for the commercial space industry, including steps to speed the licensing process for SpaceX launches. The executive order directs the Secretary of Transportation to review regulatory requirements to “eliminate outdated, redundant, or overly restrictive rules for launch […]