Topic
space
British Space Startup Mass Balance Launches Autonomous Longevity Lab Into Orbit on SpaceX
British startup Mass Balance launched a self-run chemical laboratory into orbit on a SpaceX transporter to study disease-causing proteins under microgravity. The grapefruit-sized pod will autonomously measure cell behavior and beam data back to Earth, aiming to generate training data for AI models like AlphaFold to improve predictions for age-related diseases.
Business Ola Group renews five-year lease for 4.27 lakh sq ft Bangalore office
Ola Electric and ANI Technologies, part of the Ola Group, have renewed leases for 4.27 lakh sq ft of office space at Prestige RMZ Star Tech in Bengaluru's Koramangala. The five-year agreements, registered in May 2026, carry a combined monthly rent of ₹4.42 crore with a 15% escalation after three years, reflecting stable commercial rentals in the area.
Finance SpaceX Turns to Bond Market After Record IPO, Seeks Funds for AI and Starship
Elon Musk's SpaceX has issued its first bond following a record-breaking IPO that raised about $75 billion. The company holds over $100 billion in cash but posted a nearly $5 billion net loss from heavy spending on AI and Starship. Moody's and Fitch assigned investment-grade ratings. Shares fell sharply after the IPO.
Commodities Helium-3: The $2,000-Per-Litre Gas That Could Come From the Moon
Helium-3 is a rare isotope costing roughly $2,000 per litre, currently sourced mainly from nuclear weapons. Demand from quantum computing and fusion could outstrip supply, driving interest in lunar extraction. Company Interlune plans to deploy regolith excavators on the moon by autumn 2027.
Technology SpaceX IPO Raises $10bn More Than Initially Thought, Totaling $85.7bn
SpaceX's initial public offering raised $85.7bn, $10bn more than initially thought, after underwriters exercised a greenshoe option. The company joined Nasdaq in the largest IPO in history, with shares surging 14% on the first Monday of trading.
Finance SpaceX IPO Set to Become Largest Stock Market Debut at $1.77 Trillion Valuation
SpaceX is expected to debut on the stock market this week in what could be the biggest IPO in history, raising nearly $75 billion at a valuation of about $1.77 trillion. Elon Musk is reserving an unusually large share (over 20%) for individual investors, far exceeding the typical 5-7%. Analyst reactions are sharply divided: some investors 'cannot wait' to buy, while others warn retail investors to 'avoid it like the plague', citing extreme volatility and historical IPO underperformance.
Finance SpaceX IPO Draws $10B in Institutional Orders, Set to Be Largest Ever
SpaceX's initial public offering has drawn more than $10 billion in institutional orders, making it heavily oversubscribed. The company will offer 555.6 million shares at $135 each, expecting to raise $75 billion and achieve a $1.8 trillion valuation. Trading begins June 12 on Nasdaq and Nasdaq Texas under ticker SPCX.
Technology Solar Overtakes Coal in US Electricity Generation for First Time in May 2026, Ember Reports
For the first time, solar power generated more electricity than coal in the United States in May 2026, according to energy think tank Ember. Solar supplied a record 12.8 percent of US electricity, while coal fell to 12.2 percent, its fourth-lowest monthly share ever. The milestone signals accelerating transition away from coal and has direct implications for global energy commodity trade flows.
Finance SpaceX IPO: How Indians Can Invest and What It Means for Global Capital Markets
SpaceX is set for a landmark IPO on Nasdaq with a $1.75 trillion valuation. Retail investors, including Indians, can participate via secondary markets under LRS. The offering sees massive demand with twice the orders as shares available.
Technology Quantum Space's Military SPAC: A Bet on Maneuverable Spacecraft for the US Space
Quantum Space, a startup building maneuverable spacecraft for the US military, announced a $1.2 billion SPAC merger to go public. The company, led by former NASA administrator Jim Bridenstine, aims to scale production of its Ranger vehicle to meet Space Force demands, competing against True Anomaly and established defense contractors.
Technology FCC Grants Amazon Extension for Satellite Launch
The FCC has granted Amazon an extension for launching its Leo satellite constellation due to rocket capacity issues. This decision, opposed by SpaceX, allows Amazon more time to deploy its satellite internet service.
Technology India and Germany Collaborate on Quantum and Space Tech
India and Germany are strengthening their partnership in quantum communication and space technology. The collaboration aims to leverage complementary strengths in these fields, enhancing innovation and research outcomes.