
The Exploration Company Raises $450 Million to Challenge SpaceX
The Exploration Company raised $450 million to develop reusable spacecraft and a European heavy-lift launcher to compete with SpaceX.
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The Exploration Company raised $450 million to develop reusable spacecraft and a European heavy-lift launcher to compete with SpaceX.

Stoke Space has raised $1 billion to develop fully reusable rockets and compete with SpaceX in the low-cost launch market.

Starcloud founders launch Fermi Explorer, a $15 million mission aiming to send a tiny spacecraft toward Alpha Centauri using existing space technology.

SpaceX will build a new $100 billion Starbase spaceport in Louisiana for future Starship launches, with construction planned to begin in 2027.

Japanese space startup Letara raised ¥2.6 billion, about $16 million, to expand its hybrid propulsion technology for larger rocket systems in space and defence.

Starcloud raised $250 million at a $2.3 billion valuation to expand its orbital AI data centres, manufacturing capacity, and future satellite launches.

SpaceX wants up to one million orbital data-centre satellites, raising questions about hardware lifespans, atmospheric reentry, space debris and electronic waste.

China’s LandSpace successfully landed the first stage of its Zhuque-3 rocket, marking the country’s first land-based recovery of an orbital-class booster.

SpaceX spent $329 million on Tesla Megapacks this year, highlighting growing investment in battery storage for AI data centre operations.

SpaceX reported Q2 2026 revenue of $7.8 billion as AI compute deals with Anthropic and Google and Starlink fueled strong year-over-year growth.

EON has raised $10.75 million in seed funding to develop a satellite laser network to connect global data centres via high-speed optical communications.

NASA’s mission to extend the life of the Swift Observatory faces uncertainty after Katalyst Space’s LINK spacecraft began tumbling following multiple technical failures.