Amazon Sets Wi-Fi Satellite Launch. The Rocket Doesn’t Belong to Jeff Bezos.

Text size Amazon’s Project Kuiper wants to deliver high-speed internet access from space. Nicoelnino / Dreamstime Amazon.com ‘s space-based Wi-Fi project, Kuiper, gets off the ground next year. But the tech giant isn’t using rockets from founder Jeff Bezos to carry the first satellites. Amazon plans to launch two satellites on a new rocket, the … Read more

Elon Musk Has a Full Resume With Tesla and SpaceX. 1 More Thing He Can Add.

Text size Tesla CEO Elon Musk. Getty Images Elon Musk has built two industrial behemoths— Tesla and SpaceX—revolutionizing two industries along the way. But that’s not all he has done to change global industry. Musk has also given manufacturing companies a new word: gigafactory. The practical definition of a gigafactory is a larger, modern manufacturing … Read more

Rocket Lab Stock Blasts Off as First Earnings Report Impresses. Here’s Why.

Text size Rocket Lab announced a satellite-launch deal on Wednesday. Courtesy Rocket Lab Stock in Rocket Lab USA soared Thursday after the space launch provider reported its initial quarterly results as a publicly traded company. Sales were $29.5 million in the first half of 2021. That’s good, even though investors really had nothing to compare … Read more

Here are the three biggest risks for stocks right now, and the red flags to watch

A choppy October thus far is pointing north for stocks on Thursday. Less pressure over the debt ceiling and falling natural-gas prices after Wednesday’s mayhem and Russia’s offer to help Europe, may be helping. Some aren’t too worried. But the list of what could ail this market seems to get longer by the day. Strategists … Read more

Rocket Lab Stock Surges Because NASA Wants It to Launch a Solar Sail

Text size NASA selected Rocket Lab USA to launch its Advanced Composite Solar Sail System, or ACS3. It’s another big win for the space startup. Courtesy of Rocket Lab Commercial space-launch-services company Rocket Lab USA racked up another new impressive business win. Shares are spiking Wednesday afternoon. Rocket Lab (ticker: RKLB) stock is up 10% … Read more

Space Start-Up Rocket Lab Has a New Bull. The Stock Is Jumping.

Text size Rocket Lab can build satellites, and it can also deliver them to space with its low-cost, reusable rockets. Courtesy Rocket Lab Stock in commercial satellite and space launch services company Rocket Lab USA picked up another bullish rating from Wall Street. Shares are rising as a result. Thursday, Stifel analyst Erik Rasmussen launched … Read more

Rocket Lab Stock Is Rising, Boosted by the New Space Force Business

Text size Rocket Lab was awarded about $24 million for product development from the U.S. Space Force. Shares have taken off. Courtesy Rocket Lab Commercial-space company Rocket Lab USA’s hot streak is continuing. The company announced another new business win Monday. Rocket Lab (ticker: RKLB) announced Monday it will get about $24 million to develop … Read more

Amazon Goes After Elon Musk, SpaceX in Battle for Space Dominance

Text size Jeff Bezos and Elon Musk. Staff Illustration; Getty Images (2) There’s gold in them there stars—and there’s a battle brewing between galactic giants. E-commerce and web-services behemoth Amazon.com (ticker: AMZN) objected again to part of a plan by SpaceX to offer space-based internet service around the globe. Amazon has its own plans for … Read more

Lockheed, Northrop Grumman Invest in Space Startup Orbit Fab

Text size A Lockheed transport plane took off from southern England last month. Justin Tallis/AFP via Getty Images As the commercial space economy heats up, existing players in the aerospace and defense industry are looking to invest in the latest technology, just like the proliferating crop of space startups. Tuesday, The Wall Street Journal reported … Read more

Apple’s iPhone 13 Could Offer Satellite Service. Space Stocks Are Jumping.

Text size A technician works on a Globalstar satellite. VINCENZO PINTO/AFP/Getty Images Space and satellite stocks are jumping as speculation grows that the next version of the iPhone will be equipped to handle space-based mobile communications, making calls possible even beyond the reach of cellular networks. The news outlet MacRumors reported Sunday that Ming-Chi Kuo, … Read more