K2 Space has raised $500 million at a $6.8 billion valuation as investors continue pouring money into the fast-growing space industry. The startup, founded by former SpaceX engineer Neel Kunjur and his brother Karan, builds low-cost, high-power satellites for commercial and defense customers including the US Space Force, and says it has more than $1 billion in signed contracts. CEO Karan Kunjur explains how the new funding will help expand production as the company eyes future applications ranging from military missions to space-based AI data centers. He joins Ed Ludlow on "Bloomberg Tech."
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Investors must assess how much Starlink, Starship, and AI success is already reflected in SpaceX's valuation.
K2 Space said on Thursday it raised $500 million in a new funding round that valued the company at $6.8 billion, more than twice the valuation at its December round, as the company prepares to increase production of large, high-power satellites. Kleiner Perkins and ICONIQ led the round, and were new investors in the satellite maker along with Alphabet's venture fund CapitalG. • The funding brings K2's total capital raised to more than $1 billion, the company said.
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
The Federal Aviation Administration (FAA) is proposing a series of changes designed to accelerate commercial space mission approvals for launch providers like Space Exploration Technologies Corp. and Blue Origin. FAA Proposal Circumvents 13 Federal Laws According to a report by...
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.

SpaceX stock came back under pressure Wednesday, reversing yesterday's bounce, as a broader market and tech selloff adds to investor caution ahead of SpaceX's first earnings report.
July 29 (Reuters) - SpaceX's X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the
Investing.com -- Retail investors have previously been locked out of the most significant wealth creation happening in private markets, but that dynamic is beginning to shift as public vehicles offering exposure to late-stage private companies gain traction, according to Willy Lee, a principal at Neostellar (NASDAQ: NSLR).
SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.
The largest IPO of all time has cooled off. Here's what investors need to know.
UBS estimates SpaceX could spend about $135 billion on wafer-fab equipment over five years for Terafab.
After its record-breaking debut, SpaceX is proving that a blockbuster IPO does not guarantee a smooth ride. The rocket and satellite company has spent much of July shedding value at a pace that caught seasoned traders off guard. Shares fell again on July 27, marking the 13th decline in the last 16 ...
SpaceX stock has had a rough few weeks. Shares are trading 50% below all-time highs shortly after the company's record-breaking initial public offering in June. Yet one Wall Street firm is not backing down. In fact, it is doubling down with a price target that would make SpaceX one of the most ...
The U.S. Transportation Department and the Federal Aviation Administration (FAA) have proposed sweeping rules to grant environmental review waivers for commercial rocket launches and spaceport operations, bypassing long-standing regulatory hurdles.
RBC sees major AI synergies and trillion-dollar chip savings
American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite data center business. President and CEO Steve Vondran said the company’s performance was supported by “robust
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SpaceX's post-IPO collapse left nearly every early buyer underwater, yet one Wall Street firm just slapped an $800 price target on a stock trading near $113. Here is what the bulls see that the market is choosing to ignore.
Stock Market Today: The Dow Jones index rose, but tech futures dropped as chip stocks Micron and Sandisk dived. Coca-Cola jumped on earnings.
Shares face another test as a major lock-up expiry approaches
The stock fell for the 13th time in 16 sessions on Monday, closing at $113.50 — roughly half its June peak
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Spoiler: You'd probably rather have that $10,000 back.
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European founders who run out of seed money usually know where they’re headed next: a flight to San Francisco or New York. That pattern has held for a decade across software and biotech, and it has quietly decided who ends up owning Europe’s most promising companies once they get big. The ...
SpaceX stock trades below its IPO price before a big August share unlock. Meta's 2012 crash shows what happens next.
Shares of SpaceX have cratered by 50% from their all-time high.