aerospace

The FAA classified the May 22 Starship V3 test as a mishap on May 27, after Super Heavy Booster 19 failed its boostback burn and hard-splashed in the Gulf of America, grounding the program until SpaceX's investigation is approved.

Hermeus closed a $350 million Series C at a $1 billion valuation, combining equity and debt as it shifts prototyping into production and relocates to El Segundo.

North America's largest additive manufacturing conference draws 450 exhibitors to Boston as DoD allocates $3.3 billion for AM and vendors unveil production-grade systems.

GE Aerospace announced plans to invest $1 billion across more than 30 communities in 17 states during 2026, bringing cumulative domestic manufacturing investment since 2024 to $2.5 billion as the company races to meet record commercial and defense engine demand.

SpaceX submitted a confidential draft registration statement to the SEC on April 1, seeking a Nasdaq listing that could value the company at $1.75 trillion and raise $75 billion, more than triple the largest U.S. IPO on record.