Billionaire investor Ron Baron told CNBC on Friday that he expects SpaceX to IPO its Starlink satellite internet service “in 2027 or so.” “We think that by the time they go public with SpaceX, with Starlink … in 2027 or so, four years, the company will be worth $250 billion to $300 billion,” Baron said,...
VMS Eve, operated by Virgin Galactic, returns after the company’s first commercial flight to the edge of space, at the Spaceport America facility, in Truth or Consequences, New Mexico, U.S., June 29, 2023. Jose Luis Gonzalez | Reuters Virgin Galactic reported second-quarter losses on Tuesday that were slightly wider the year-ago period, as the space...
A satellite image captured by a SkySat shows the breached Kakhovka dam in Ukraine on June 6, 2023. Planet Shares of Planet fell after the satellite-imagery and data-analysis company cut its annual revenue guidance following when it reported first-quarter results Thursday. The company lowered its guidance for its current fiscal-year 2024 revenue to a range...