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Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push SpaceX

Iridium pulls $1 billion 2030 service revenue goal amid SpaceX’s D2D push

TAMPA, Fla. — Iridium’s shares closed down more than 7% Oct. 23 after the satellite operator lowered its full-year service revenue outlook again, while withdrawing its $1 billion target for 2030 amid mounting competition from SpaceX. The company now expects 3% service revenue growth for 2025, down from 3-5% previously…
bubmag
October 24, 2025
Lynk Global and Omnispace to merge in race for direct-to-device satellite spectrum SpaceX

Lynk Global and Omnispace to merge in race for direct-to-device satellite spectrum

Lynk Global, which builds its small satellites in-house, has launched commercial services in parts of the Solomon Islands, Cook Islands and Palau. Credit: Lynk Global TAMPA, Fla. — Lynk Global plans to merge with Omnispace to upgrade its direct-to-device (D2D) services with globally coordinated S-band spectrum, joining SpaceX and AST…
bubmag
October 22, 2025
New Space Race to the Moon. US Vs China. SpaceX vs Blue Origin. MUSK vs Bezos. MUSK vs NASA SpaceX

New Space Race to the Moon. US Vs China. SpaceX vs Blue Origin. MUSK vs Bezos. MUSK vs NASA

There is an intensifying race to return humans to the Moon, pitting the US against China and now NASA Acting Administrator Sean Duffy will have SpaceX race Blue Origin and other bidders. China is aiming for a crewed lunar landing in 2029–2030. There are developing a Long March 10A super…
bubmag
October 22, 2025