SpaceX

SpaceX, led by Elon Musk, is a prominent aerospace manufacturer and space transportation services company. It's in the news due to several factors: its application to launch one million satellites to power AI 'orbital data centers,' potential $1.5 trillion IPO possibly timed for mid-June, and increasing competition with China in the space industry. Recent events include claims by Chinese researchers that Starlink satellites moved to lower orbits to avoid collisions with Chinese satellites, and concerns raised by a Chinese think tank about Starship's potential strategic implications. SpaceX is also facing safety challenges from other satellite constellations, requiring numerous collision avoidance maneuvers. The company's activities are significant due to their impact on the space industry, AI development, and the evolving US-China tech rivalry.