Rumblings of a $1.5 trillion valuation for SpaceX may be forcing investors to view currently public space companies as undervalued.

SpaceX has authorized an insider share sale that values Elon Musk's company at about $800 billion as the rocket-maker prepares for its initial public offering, Bloomberg News reported on Friday.

SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world’s leading space company and its founder, Elon Musk.

The 'Residential 100Mbps' plan seems to have been dropped from Starlink's US site, although it's still available for users in Australia and Canada.

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

The Atlas V will be in a 551 configuration, launching 27 satellites in Amazon's seventh overall operational launch (and fourth with ULA). This would increase the constellation to 180 of the planned 3,236 total needed to be in orbit by July 2029.

Tesla shareholders have already approved an investment by the electric-vehicle maker in Elon Musk’s xAI. Could SpaceX be next?

For the 300th time this year, a rocket has lifted off for low Earth orbit. SpaceX on Thursday (Dec. 11), launched its Falcon 9 rocket carrying 29 Starlink satellites from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida.