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SpaceX strengthens ties with U.S. spy agencies

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Elon Musk’s aerospace company, SpaceX, has deepened its involvement with U.S. spy and military agencies, transitioning from a commercial rocket launcher to a significant player in national security operations.

The company’s recent $1.8 billion classified contract with the U.S. government underscores this shift, according to documents obtained by The Wall Street Journal, though the identity of the government client remains undisclosed.

The expanding collaboration between SpaceX and national security entities reflects the increasing reliance of the latter on SpaceX’s capabilities.

SpaceX has a history of launching classified and military satellites, with recent contracts including providing broadband services to the Pentagon, notably during the conflict between Ukraine and Russia.

Starshield unit

One aspect of SpaceX’s operations that has received less public attention is its Starshield unit, tailored for government clients and led by former Air Force personnel.

Starshield secured a $70 million military contract last August for providing communication services to numerous Pentagon partners, operating largely under the radar.

Gwynne Shotwell, SpaceX’s president, emphasised the close collaboration between the company and the intelligence community, albeit without disclosing specific details, during an event last May.

While specific details of Starshield’s activities remain guarded, SpaceX has described its offerings as encompassing secure communications satellites, Earth observation capabilities, and sensor deployment for government use while in orbit.

Job postings for Starshield have sought individuals with top-secret clearances and experience within the Defense Department and intelligence community.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

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Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.


Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

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Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

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Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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