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Telecommunications & Media
SpaceX Starship achieves first orbit, deploys 26 Starlink V3 satellites
SpaceX put Starship into orbit for the first time on Sept. 28 and deployed 26 next-generation Starlink V3 satellites, but ended the mission earlier than planned after engine problems. The vehicle reached a low Earth orbit of about 276 km and later re-entered over the Pacific for a splashdown north of Hawaii. Starlink V3 is larger than what Falcon 9 can carry, and SpaceX said it established communications with all 26 satellites after separation.
Industry
SpaceX alumni startup Terrafirma raises $115 million for remote construction equipment
Terrafirma, a construction technology startup founded by former SpaceX engineers, has raised $115 million, CNBC reported. Investors include Kleiner Perkins, Bain Capital Ventures, SpaceX, Anduril and Hadrian. The Austin, Texas-based company is developing technology to remotely operate construction equipment using interfaces including an Xbox controller. It says the technology reduces costs and improves safety, and its long-term goal is building infrastructure on Mars.
Crypto
SpaceX shares surge again as Musk cites $1 trillion revenue goal by 2030
SpaceX shares extended gains for a second day after its listing, pushing the company’s market value above $2.5 trillion. The rally followed comments by CEO Elon Musk that SpaceX could reach $1 trillion in annual revenue by 2030, drawing money from retail investors and cryptocurrency traders. Trading also surged in related crypto derivatives and tokenised stock products. Analysts cited a wide gap between current results and the target and differing views on valuation and capital spending.
