Science

Elon Musk Loses Billionaire Status As SpaceX Stock Falls

Elon Musk has dropped below $1 trillion in net worth just 12 days after becoming history's first billionaire, following a $400 billion SpaceX stock decline. Technology sector losses coincided with expected interest rate increases by the U.S. Federal Reserve.

NOS · t3n · TechCrunch · +8 more

SpaceX Raises $25bn in Inaugural Bond Offering

SpaceX closed a $25 billion bond deal, its first public debt offering, attracting investors with competitive yields. The financing settlement is scheduled for June 26, 2026, marking a significant capital raise for Elon Musk's rocket company.

Economic Times · CNBC · Yahoo Finance · +4 more

Trump Accelerates US Post-Quantum Cryptography Migration

President Trump signed executive orders establishing federal deadlines for quantum-resistant encryption adoption by 2030-2031 and expanding quantum computing investment. The orders mandate cryptographic inventory requirements and procurement standards for government contractors.

SpaceX Valuation Plummets Following Market Debut Volatility

SpaceX's market value fell over $600 billion in three days after its IPO, raising investor questions about sustainability. The stock experienced sharp corrections despite strong underlying space business fundamentals.

SpaceX Stock Plunges 30% Despite Cloud Computing Opportunities

SpaceX shares tumble following the initial public offering as investors reconsider valuations in the space sector. Despite the decline, SpaceX secures major cloud computing capacity deals.

SpaceX and Elon Musk's Geopolitical Power Questioned

Debate intensifies over whether a single company and individual should wield such significant geopolitical influence. Investment analysts discuss SpaceX competitors like Rocket Lab while Nobel laureate Gary Ruvkun criticizes Mars colonization as escapism.

El Mundo · Foreign Policy · E24 · +1 more

Musk's Wealth Plummets $350 Billion in SpaceX Selloff

A major SpaceX selloff erased approximately $900 billion in market value and reduced Elon Musk's net worth by $350 billion, though his wealth remains in trillionaire territory. Investor Cathie Wood has significantly increased her holdings in Musk-led companies.

Forbes Business · CoinDesk · Børsen · +1 more
Asia
C/D

Air India Flight Strays Into Pakistani Airspace

An Air India flight accidentally entered Pakistani airspace, leading to disciplinary action against pilots and air traffic controllers involved. The incident reflects broader aviation safety concerns across South Asia.

SpaceX Launches Starfall Orbital Cargo Vehicle

SpaceX tested Starfall, an experimental space capsule designed to deliver up to 1 tonne of cargo anywhere on Earth within hours. The first demo mission flew from Florida aboard a Falcon 9 rocket.

Le Monde Economie · Golem.de · t3n · +1 more

SpaceX Pursues Orbital Cargo Delivery Innovation

SpaceX is developing Starfall to provide competitive advantages in global cargo delivery from orbit. The project reflects SpaceX's expansion beyond traditional rocket launches into space-based logistics.

Australian Scientists Find Smoking Gun Climate Evidence

Research teams in Australia identify definitive scientific markers linking human activity to environmental changes. The findings add compelling data to climate change attribution research.

SpaceX Lands Major AI Data Center Contract

SpaceX has signed a multi-year deal with AI startup Reflection AI, valued at approximately 1.8 billion dollars annually through 2029. The contract grants Reflection AI access to SpaceX's advanced GPU infrastructure near Memphis, Tennessee.

BRICS Nations Convene on Security Issues

BRICS space agencies and security officials meet in Bengaluru and New Delhi to address emerging geopolitical challenges and technological security threats. China, Russia, Iran, and other members participate.

Researchers Discover Viral "Footprints of Death"

Scientists uncovered tiny cellular fragments released during cell death that viruses exploit to spread between cells. Influenza viruses hide inside these "footprints of death" to evade immune detection and increase infection.

New Zealand Cave Reveals Ancient Lost Ecosystem

A New Zealand cave yielded fossils from a million-year-old ecosystem, including a possible flying ancestor of the kākāpō bird. The discovery demonstrates how volcanoes and climate upheaval drove pre-human wildlife extinction and adaptation.

Space Shuttle Endeavour Unveiled in Complete Configuration

The Space Shuttle Endeavour, the last space shuttle ever constructed, has been displayed in its full stack configuration for the first time, creating an impressive public exhibition. The restoration and mounting effort represents a significant milestone for space history preservation.

Women's Football Finals Approach in Nigeria

Nigerian women's football teams compete in the semi-final round of the President Federation Cup championship. Nasarawa Amazons and FC Robo Queens battle for spots in the finals of the country's premier domestic women's competition.

Scientists Identify Brain Cells Controlling Focus and Distraction

Neuroscientists discovered a small group of neurons in an ancient brain region that acts as a focus filter, enabling the brain to ignore distractions. When researchers disabled these cells in mice, the animals exhibited unusual distractibility similar to ADHD symptoms, but regained focus upon reactivation.

World's oldest meteorite impact crater found in Australia

Scientists at Curtin University discovered evidence of Earth's oldest known meteorite strike in Western Australia's Pilbara region. The impact occurred three billion years ago during the Archean eon when early tectonic plates and life were forming.

Gates admits to affairs in Epstein congressional testimony

Bill Gates disclosed to Congress that he had three extramarital affairs, naming a Harvard-trained doctor and a Russian nuclear scientist. He stated he informed his wife Melinda of the relationships during a deposition related to Jeffrey Epstein.

Young Entrepreneur Advances to Space Innovation

Seine-Saint-Denis native achieves significant career milestone at NASA following technology innovation. Youth-focused message inspires educational pursuits.

Turkey Launches Defense Quantum Technology Initiative

Turkey announces comprehensive quantum technology roadmap targeting defense industry applications. The strategic initiative positions the nation to advance military capabilities through next-generation quantum computing.

Microsoft's Quantum Computing Claims Disputed by Scientists

A Nature paper challenges Microsoft's quantum computing breakthrough, questioning the fundamental technology behind its Majorana chip unveiled in February 2025. Researchers argue that Microsoft may have exaggerated its claims about topological qubits as the foundation for future quantum computers.

Science Quantum Computing Research

Researchers Find Basic Coding Errors in Microsoft Quantum Work

A Nature publication asserts that Microsoft's quantum computing team cherry-picked data in their research, with errors including basic Python mistakes undermining the claimed breakthrough. Microsoft has defended the integrity of its quantum work despite the scientific critique.

Science Quantum Computing Research

Tom Hanks Documentary Chronicles 250 Years of US History

Netflix's The American Experiment, executive produced by Tom Hanks, offers a five-episode survey of American history to commemorate the nation's 250th anniversary. The carefully balanced series features heavyweight political figures including Kamala Harris and Hillary Clinton.

Interstellar Object Triggers SETI Radio Signal Search

SETI scientists conducted rapid-response observations of the interstellar object 3I/ATLAS, searching for evidence of extraterrestrial technology through radio signal analysis. The research helped confirm the object's natural origin and advanced future interstellar investigation protocols.

Three Brazilian Sisters Reveal Longevity Secrets

Three Brazilian sisters with a combined age of 316 years were recognized by Guinness World Records as the oldest living trio of siblings. Scientists from the DNA Longevo Project at the University of São Paulo are studying their case to understand biological factors behind exceptional longevity and cognitive health preservation.

Space Force trials new dress uniform for formal occasions

The US Space Force is testing a new mess dress uniform for service members to wear at formal events. Chief of Space Operations General Chance Saltzman wore the prototype at an Air Force graduation ceremony in June.

Asia
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Honasa Acquires Majority Stake in Fluence Pharma

Honasa Consumer's board has approved a majority stake acquisition in nutraceuticals company Fluence Pharma for approximately ₹135 crore. The stake will be acquired in two tranches over 5-7 years at a pre-aligned valuation construct, continuing Honasa's expansion strategy alongside Mamaearth and Aqualogica brands.

Science Honasa Fluence Pharma Healthcare

NASA rover discovers organic carbon signatures on ancient Mars

NASA's Perseverance rover identified complex organic carbon molecules in Martian mudstones from Neretva Vallis, a dried riverbed billions of years old. The Sherloc instrument detected these compounds in rock samples, providing evidence of potential ancient microbial life and planetary habitability.