Space Race

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X @Bloomberg
Bloomberg· 2025-09-17 14:06
While the Trump administration insists that America has the lead in the new space race, China is steadily making progress. https://t.co/dKgVGdxmMn ...
We're In the Middle of a New Space Race: Apex CEO
Bloomberg Technology· 2025-09-12 16:41
Business Expansion & Production - Apex is expanding its factory to accommodate the industry shift towards proliferated systems, moving away from expensive, exquisite systems [1] - Before the funding round, Apex produced approximately 12 satellites per month; now, it can produce about 80 satellites per month [2] - The company is scaling manufacturing to meet high demand from both government and commercial sectors [3] Market Demand & Opportunities - Demand for constellations is driven by US defense initiatives and commercial companies like SpaceX [4][5] - Consumer electronics, such as new Apple products, are increasing constellation requirements [6] - The company sees a new space race, emphasizing the need to increase manufacturing capabilities to compete with adversaries [4] Supply Chain & Manufacturing - Apex primarily uses US components and vertically integrates manufacturing in-house [8] - By controlling the supply chain, Apex aims to ensure rapid production of satellite platforms [9] - The company is located in Los Angeles, an aerospace capital, providing access to talent, but still needs to hire dozens to hundreds of roles [10][11] Government Relations & Strategy - Apex advocates for the US government to rethink acquisition processes [12] - The company invests in building products before government demand, enabling rapid supply [13] - Apex encourages the government to focus on commercially available off-the-shelf products instead of custom solutions [15]
Sen. Ted Cruz: If China beats U.S. to the moon, it would be 'worse than Sputnik'
CNBC Television· 2025-09-10 18:30
In terms of my chairmanship, beating China has been a consistent theme. So whether it is beating China to to to win the race for AI or beating China to 6G as part of the one big beautiful bill, one element of it was my legislation to free up 800 megahertz of spectrum to auction so we win the race to 6G or beating China in the Arctic. Part of again the one big beautiful bill was $24 billion invested the Coast Guard, the biggest investment in the history of the Coast Guard.Huge part of that is building polar ...
X @Bloomberg
Bloomberg· 2025-09-04 18:10
NASA acting administrator Sean Duffy pushed back against recent critics who have suggested China will beat the US back to the moon, saying “I‘ll be damned” if that is the ultimate outcome of the decade’s space race https://t.co/7G5BeZWFXC ...
X @Bloomberg
Bloomberg· 2025-09-03 14:24
The UK government’s decision to absorb the country's independent space agency into a small science department has left the industry questioning whether the move will help or hurt the nation in the global space race. https://t.co/EYzCtfp9Vc ...
Starlink Dominates as Low Earth Orbit Satellite Race Intensifies
Bloomberg Television· 2025-08-04 14:17
This is a story about a space race, not the one to be first to put a man on the moon nearly 50 years ago. -It's one small step for man, one giant leap for mankind. Westin: not even the one Elon Musk is running now to put humans on Mars in the next few years.-Just over two years, we'll be sending our first uncrewed starships to Mars. Then we'll send humans two years after that. -3, 2, 1.Westin: This is a space race much closer to Earth, one just a few hundred miles over our heads. It's being run in the world ...
David Sacks: The AI Race is bigger than the Space Race 🇺🇸
All-In Podcast· 2025-08-02 03:33
This was the first speech that President Trump has given on AI since the AI boom began. And he declared that the United States was in an AI race. It's a global competition.The language that he used was reminiscent of how President John F. Kennedy declared that America was in a space race. And in a similar way, President Trump declared that we had to win the AI race.I think you can argue that the AI race is more important than the space race. It's going to reshape the global economy. It's going to determine ...
Firefly Aerospace sets IPO range that would value rocket maker at $5.5 billion
CNBC· 2025-07-28 18:01
Company Overview - Firefly Aerospace plans to price its shares between $35 to $39 in its upcoming initial public offering (IPO), which would value the company at approximately $5.5 billion [1] - The company intends to sell around 16.2 million shares, potentially raising up to $631.8 million from the offering [1] Industry Context - The IPO is taking place amid a renewed interest in the space industry, with significant investments from billionaire-led companies like Elon Musk's SpaceX [2] - Other space tech firms, such as Voyager, have recently gone public, and Innovative Rocket Technologies is planning to debut through a $400 million special purpose acquisition company merger [2]
AI czar David Sacks on Trump launching 'America's AI action plan'
CNBC Television· 2025-07-24 17:00
F first of all, let me just frame up what I think President Trump uh did yesterday. It was I I think the most important technology speech by an American president since uh President Kenny declared that we had to win the space race. And in a similar way, President Trump declared that we had to win this AI race.And I think you could argue that the AI race is even more important than the space race because it's going to determine who reshapes the global economy and who the superpowers of the 21st century are g ...
X @Tesla Owners Silicon Valley
Tesla Owners Silicon Valley· 2025-07-20 01:29
Without Elon Musk and SpaceX we would still be paying Russia for flights to go to space.Tesla Owners Silicon Valley (@teslaownersSV):Fate loves Irony.Elon Musk is the only reason USA is in the space race. https://t.co/FmrOT69QdJ ...