The company begins construction of a $250 million, 30-story rocket facility as it ramps up to 25 Starship launches a year from South Texas.

SpaceX's Starship exploded for the most recent time last month at Starbase in Texas. Now, Mexico is threatening legal action for potential pollution.

SpaceX on Wednesday launched the third batch of satellites for its rival Amazon's Project Kuiper designed to provide broadband internet services from space. The Falcon 9 rocket lifted off with 24 satellites at 12 pm IST from Space Launch Complex 40, Cape Canaveral Space Force Station in Florida.

Elon Musk's SpaceX is planning an insider share sale, potentially valuing the company at around $400 billion. This move solidifies SpaceX as the world's most valuable private startup.

The project is expected to cost $250 million and be completed in December 2026, according to a Texas Department of Licensing and Regulation filing.

Investments into xAI would help Grok better compete with OpenAI's ChatGPT by increasing capital toward research and development.