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SpaceX

Hughes files for bankruptcy after GEO business loses ground to Starlink SpaceX

Hughes files for bankruptcy after GEO business loses ground to Starlink

A render of Echostar's Jupiter-3 satellite, which has 500 gigabits per second of capacity covering the Americas. Credit: Maxar Technologies TAMPA, Fla. — EchoStar’s Hughes geostationary satellite broadband business has filed for bankruptcy in the United States after years of mounting competition from SpaceX’s Starlink constellation. To continue reading this…
bubmag
August 3, 2026
BN Daybreak: SA corruption probes; Trump’s Iran pause; SpaceX upcoming earnings, FIFA backlash SpaceX

BN Daybreak: SA corruption probes; Trump’s Iran pause; SpaceX upcoming earnings, FIFA backlash

Published on :  03 Aug 2026, 4:03 am Today's BizNews Daybreak examines Japan’s US-coordinated currency intervention, OPEC+ production increases, and energy lobby opposition to US biofuels legislation. South Africa’s corruption commission delivers unprecedented accountability, while Donald Trump pauses planned Iran strikes pending rapid talks. Meanwhile, the S&P 500 opens at…
bubmag
August 3, 2026
Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results SpaceX

Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first results

Synopsis SpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mission and mascot. Investors also inquired about orbital refueling and rocket aesthetics. While business outlook questions were less popular, AI data centers were discussed. Musk's long-term vision for abundance prompted investor queries about…
bubmag
August 1, 2026