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โ SpaceX has agreed to acquire from the Federal Communications Commission a nationwide portfolio of licenses in the low-band spectrum in a deal reportedly valued at USD 8 billion, as it looks to expand beyond satellite internet and become a serious competitor in the US mobile market. The FCC assigns licenses for specific frequencies and geographic areas through auctions or other authorized processes. The FCC approved Starlink Mobile's Gen2 constellation application this week, authorizing โ SpaceX to launch 15,000 satellites optimized for 2 GHz spectrum worldwide. [Reuters: 9 Oct 2026]
AI coding startup Cursor is now officially a part of โ SpaceX, according to an announcement on the Cursor blog. Elon Muskโs โ SpaceX โ which also acquired Muskโs xAI earlier this year โ announced a deal in April for the companies to develop technology together; the deal also gave โ SpaceX the option to acquire Cursor for USD 60 billion. Two months later, as โ SpaceX became a public company, the companies said they were moving forward with the acquisition.
In its announcement that the deal has closed, Cursor repeatedly referenced โ SpaceXโs computing infrastructure, which the company has been renting out to customers, including Anthropic and โ Google.
Cursor said that by becoming part of โ SpaceX, it will have โaccess to the largest fleet of GPUs in the world. โ SpaceX is building the computing capacity needed to scale intelligence far beyond what exists today,โ the company added. โโ SpaceX will be one place where that intelligence becomes useful.โ

One of โ
Spacex's functions is to transport people to and cargo from the International Space Station (ISS) via its Cargo Dragon (pictured above). NASA's Commercial Resupply (CRS) missions use it to deliver science, supplies, and equipment to and from the ISS. [โ
SpaceX Falcon]
โ Alphabet is fast-tracking Project Suncatcher: โ Google's first test of AI chips in space, with an experimental AI satellite scheduled to launch on 1 October 2026. The mission will use โ Google-designed chips integrated into an existing โ Planet Labs satellite to test Agentic Geospacial AI.
Earth has 4,550 satellites in orbit as of 27 Aug 2026 [Dewesoft]:
Major companies and private operators with significant orbital satellite constellations include:
The following table is sourced from Dewesoft.com
| Rank | Company | Satellites | Country |
|---|---|---|---|
| 1 | โ Spacex/Starlink | 1,655 | ๐บ๐ธ USA |
| 2 | OneWeb Satellites | 288 | ๐ฌ๐ง UK |
| 3 | โ Planet Labs Inc | 188 | ๐บ๐ธ USA |
| 4 | Chinese Ministry of National Defense | 129 | ๐จ๐ณ China |
| 5 | Ministry of Defense of the Russian Federation | 125 | ๐ท๐บ Russia |
| 6 | Spire Global Inc | 121 | ๐บ๐ธ USA |
| 7 | Swarm Technologies | 120 | ๐บ๐ธ USA |
| 8 | US Air Force (USAF) | 87 | ๐บ๐ธ USA |
| 9 | Iridium Communications Inc | 75 | ๐บ๐ธ USA |
| 10 | National Reconnaissance Office (NRO) | 63 | ๐บ๐ธ USA |
| 11 | National Aeronautics and Space Administration (NASA) | 60 | ๐บ๐ธ USA |
| 12 | SES SA | 51 | ๐บ๐ธ USA |
| 13 | European Space Agency (ESA) | 51 | ๐ช๐บ EU |
| 14 | Indian Space Research Organisation (ISRO) | 47 | ๐ฎ๐ณ India |
| 15 | Intelsat S.A. | 46 | ๐บ๐ธ USA |
| 16 | US Department of Defense | 45 | ๐บ๐ธ USA |
| 17 | China Academy of Space Technology (CAST) | 39 | ๐จ๐ณ China |
| 18 | ORBCOMM Inc | 35 | ๐บ๐ธ USA |
| 19 | โ Globalstar | 32 | ๐บ๐ธ USA |
| 20 | EUTELSAT S.A. | 30 | ๐ซ๐ท Multi |
| 21 | Chang Guang Satellite Technology Co. Ltd | 28 | ๐จ๐ณ China |
| 22 | China Academy of Sciences (CAS) | 25 | ๐จ๐ณ China |
| 23 | U.S. Navy | 24 | ๐บ๐ธ USA |
| 24 | National Oceanographic and Atmospheric Administration (NOAA) | 21 | ๐บ๐ธ USA |
| 24 | Satellogic S.A. | 21 | ๐บ๐ธ USA |
| 26 | 03b Networks Ltd | 20 | ๐ฌ๐ง UK |
| 27 | China Aerospace Science and Technology Corp (CASC) | 20 | ๐จ๐ณ China |
| 28 | Aerospace Corporation | 19 | ๐บ๐ธ USA |
| 29 | Centre National d'Etudes Spatiales (CNES) | 18 | ๐ซ๐ท France |
| 30 | Gonets Satcom | 18 | ๐ท๐บ Russia |
| 31 | Sky Perfect JSAT Corporation | 17 | ๐ฏ๐ต Japan |
| 32 | Japan Aerospace Exploration Agency (JAXA) | 16 | ๐ฏ๐ต Japan |
| 33 | EUMETSAT (European Organisation for the Exploitation of Meteorological Satellites) | 15 | ๐ช๐บ EU |
| 34 | Kepler Communications | 15 | ๐จ๐ฆ Canada |
| 35 | Shanghai Academy of Spaceflight Technology | 15 | ๐จ๐ณ China |
| 36 | Guodian Gaoke | 14 | ๐จ๐ณ China |
| 37 | Defense Advanced Research Projects Agency (DARPA) | 14 | ๐บ๐ธ USA |
| 38 | Telesat Canada Ltd (BCE Inc) | 13 | ๐จ๐ฆ Canada |
| 39 | Echostar Satellite Services LLC | 13 | ๐บ๐ธ USA |
| 40 | China Satellite Communications Corp (China Satcom) | 13 | ๐จ๐ณ China |
| 41 | Russian Satellite Communications Company | 12 | ๐ท๐บ Russia |
| 42 | Los Alamos National Laboratory | 12 | ๐บ๐ธ USA |
| 43 | INMARSAT Ltd | 12 | ๐ฌ๐ง UK |
| 44 | Technical University Berlin | 12 | ๐ฉ๐ช Germany |
| 45 | Tyvak Nanosatellite Systems Inc. | 12 | ๐บ๐ธ USA |
| 46 | ICEYE Ltd | 12 | ๐ฎ๐ธ IceLand |
| 47 | PanAmSat (Intelsat S.A.) | 11 | ๐บ๐ธ USA |
| 48 | DirecTVInc. | 11 | ๐บ๐ธ USA |
| 49 | Cabinet Satellite Intelligence Center (CSIC) | 11 | ๐ฏ๐ต Japan |
| 50 | Ningxia Jingui Information Technology Co.Ltd. | 10 | ๐จ๐ณ China |
| 51 | China Meteorological Administration | 10 | ๐จ๐ณ China |
The following table is sourced from Dewesoft.com
The inventory of orbital data centers, as at Sep 2026, is owned by:
The European Space Agency estimates that near-Earth space is cluttered with some 36,500 pieces of space debris larger than 4 inches (10 centimeters), about a million objects 0.4 to 4 inches (1 to 10 cm) in size, and an astounding 130 million fragments smaller than 0.4 inches (1 cm). The amount of the smaller stuff in particular continues to rise as larger objects collide with each other at enormous orbital speeds, producing clouds of fragments. [n2yo.com]
๐ฐ๏ธ Satellite Fleets: By Country
Psyche Asteroid [โ Spacex Falcon] About Asteroid Psyche: A world made not of rock or ice, but of metal
21 Sep 2026:: โ SpaceX Falcon Heavy launches NASA Psyche asteroid mission. [Current location]
On Tuesday, June 23 at 6:53 a.m. ET, Falcon 9 launched the Starfall Demo mission to low-Earth orbit from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida.
This was the 29th flight for the first stage booster supporting this mission, which previously launched โ Spacex Crew-6, SES O3b mPOWER-B, USSF-124, BlueBird 1-5, Nusantara Lima (PSN N5), and 23 Starlink missions. Following stage separation, the first stage landed on the A Shortfall of Gravitas" droneship, which was stationed in the Atlantic Ocean. [โ Spacex: 23 Jun 2026]
"โ SpaceX's new Starfall business of returning products and other payloads from Earth's orbit has signed a mission deal with integrator Space Cargo as the unit's first European customer, the company's Chief Executive Nicolas Gaume told Reuters.
Space Cargo aims to fly in 2028 an orbital reentry flight on the first commercial mission of Starship, which will deploy SpaceX's Starfall - a disk-shaped capsule designed to carry materials on short trips through orbit and back to Earth.
Launched aboard Falcon 9 and eventually Starship, Starfall is an aluminum housing protected by a 10-foot (3-m) -wide heatshield that โ SpaceX offers to customers seeking to make products or do research in the microgravity of space.
Luxembourg-based Space Cargo will place its "BentoBox" system in the Starfall capsule, positioning itself as an integrator in the SpaceX program with plans to book more such future missions, Space Cargo CEO Gaume said." [Reuters: 15 Sep 2026]
Starship 13 launch:
Starship 14 launch:
List of โ Spacex Falcon 9 and Falcon Heavy launches
About Starship 14
Flight 14 has an unusually useful investment test embedded in it. โ Spacex says the 26 V3 satellites would provide roughly 26 Tbps of aggregate network capacityโaround ten times the capacity added by a Falcon 9 launch carrying V2 Mini satellites. Starship reached orbit and successfully deployed those spacecraft. This begins connecting two parts of our valuation model that we have so far treated separately:
โ SpaceX Reports Second Quarter 2026 Results:
โ SpaceX announced the following financial results for the quarter ended June 30, 2026, as compared to the prior year quarter:
"In this Order and Authorization (Order), we grant in part and defer in part, with conditions, the application, as amended, of Space Exploration Holdings, LLC (โ SpaceX
"We also grant in part and defer in part, with conditions, โ SpaceX's
"Specifically, we authorize โ SpaceX
๐ฐ๏ธ๐ฒ Discussion: Satellite Direct to Device (D2D) Communication
๐ฐ๏ธ๐ฒ D2D today: โ SpaceX makes the satellite masquerade, in effect, as a cellular tower. Existing phones work. Therefore โ Apple/Samsung/โ Google don't necessarily gain much incremental hardware revenue from D2D itself.
๐ฐ๏ธ๐ฒ 224G-LR SerDes PHY | Cadence (Serializer/Deserializer) and UCIe/Mlink D2D: As satellite communications become integrated into 5G standards, modem/chipset designers can optimise phones specifically for terrestrial + non-terrestrial networks. That puts companies such as MediaTek โ and potentially Qualcomm and the handset makers themselvesโmuch closer to the economic opportunity. Qualcommโs Snapdragon X80 5G modem-RF system supports two-way satellite messaging, location sharing, and SOS notifications, with Skylo completing certification for this capability in September 2024.
๐ฐ๏ธ๐ฒ Satellite Direct-to-Device (D2H/D2D): Implementation will involve 3 stages:
โ SpaceX CEO Elon Musk posted on 4 Oct 2026 that he would rename the company's AI unit to SpaceXSI, following US President Donald Trump's push to use the term "super intelligence" instead of "artificial intelligence." [Reuters: 4 Oct 2026]
๐ฐ๏ธ๐ฒ Qualcommโs Snapdragon X80 5G modem-RF system supports two-way satellite messaging, location sharing, and SOS notifications, with Skylo completing certification for this capability in September 2024. Earlier efforts to partner with Iridium for proprietary satellite messaging on Android devices were terminated in late 2023, as smartphone OEMs preferred standards-based solutions. However, a joint end-to-end trial by Deutsche Telekom, Skylo, and Qualcomm successfully demonstrated SMS over GEO satellite using 3GPP Release 17 specifications, marking the first such integration in Europe.
โ Amazon LEO has ordered 6 additional Ariane 64 launches from Arianespace, bringing the total number planned under their agreement from 18 to 24. The missions will lift off from Europe's Spaceport in French Guiana, building on the initial 18 already underway, with the new flights beginning in 2029. In 2026, Arianespace placed 100 โ Amazon Leo satellites into orbit on 3 Ariane 6 missions in less than 5 months. The 6 additional launches support the continued ramp-up of Ariane 6 to serve all its customers and strengthen Arianespace's ability to meet the needs of institutional missions and future European constellations. [Amazon: 10 Sep 2026]
๐ฐ๏ธ๐ฒ Starlink Second Generation Satellites
๐ฐ๏ธ โ Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, has announced the successful launch and deployment of its latest satellites via a โ Spacex Falcon 9 rocket, marking another significant milestone in the continued expansion of the company's LEO satellite constellation.
๐ฐ๏ธ Following a successful launch, all satellites were successfully dispensed from the launch vehicle and have reached their intended orbital planes. โ Globalstar's Satellite Operations Command Center team has established communications with each satellite, and all are currently under the Company's command and control. Initial health assessments indicate the satellites are performing as expected, and engineers are actively monitoring their status as they progress through early orbit operations. [Globalstar: 16 Aug 2026]
๐ฐ๏ธ๐ฒ โ Amazon.com and โ Globalstar have announced that they have entered into a definitive merger agreement under which Amazon will acquire Globalstar, enabling โ Amazon LEO to add direct-to-device (D2D) services to its low Earth orbit satellite network and extend cellular coverage to customers beyond the reach of terrestrial networks. In addition, โ Amazon and โ Apple announced an agreement for โ Amazon LEO to power satellite services for โ Apple iPhone and โ Apple Watch1, including Emergency SOS via satellite. Beginning in 2028, โ Amazon LEO will deploy its own next-generation D2D satellite system, allowing โ Amazon to deliver more advanced voice, data, and messaging services to mobile phones and other cellular devices. The Leo D2D system will offer substantially higher spectrum use and efficiency than legacy direct-to-cell systems, which translates into faster speeds and better performance for customers.
Current LEO Communication Systems
Several major entities have filed for or plan significantly larger constellations, though these assets are not yet operational:
Other Pre-Launch Entities: Aetherflux, Lonestar, and OrbitsEdge are in pre-launch phases with plans for thousands, LEO/lunar, and demo satellites respectively, but currently have 0 operational orbital data centers.
The orbital data center market is valued at approximately USD 1.77 billion by 2029, with the industry transitioning from concept to active competition in early 2026.
Isar Aerospace on 5 Sep 2026 launched its first rocket into space from a site in Arctic Norway, bringing Europe closer to offering satellite flights from its own soil. The uncrewed Spectrum rocket was the first commercial flight to reach orbit from continental Europe, where several nations have said they want a share of a growing market for space missions.
Isar launch contracts:
Isar Aerospace vs โ Spacex: Currently addressing different markets and missions:
News: "โ
Amazon Leo Direct-to-Device (D2D) [Amazon: 14 Apr 2026]

Beginning in 2028, โ Amazon Leo will deploy its own next-generation D2D satellite system, allowing Amazon to deliver more advanced voice, data, and messaging services to mobile phones and other cellular devices. The Leo D2D system will offer substantially higher spectrum use and efficiency than legacy direct-to-cell systems, which translates into faster speeds and better performance for customers. It will also integrate seamlessly with โ Amazon's first- and second-generation Leo systems, forming a powerful, unified network that combines fixed and mobile satellite services to support a wide range of customers and use cases. The complete โ Amazon Leo network will include thousands of advanced satellites in low Earth orbit and have enough capacity to support hundreds of millions of customer endpoints around the world.
โ Amazon Leo to power โ Apple satellite features
In addition to the agreement with โ Globalstar, โ Amazon and โ Apple signed an agreement to provide satellite connectivity for current and future iPhone and Apple Watch features. Globalstar currently partners with Apple to power satellite service on iPhone 14 or later, as well as Apple Watch Ultra 3, allowing users to text emergency services, message friends and family, request roadside assistance, and share their location.
With the new Amazon-Apple agreement, Amazon will continue to support iPhone and Apple Watch models currently using Globalstarโs existing and planned upcoming low Earth orbit satellite constellations, being manufactured by MDA Space, and collaborate with Apple on future satellite services using Amazon Leo's expanded satellite network."
โ Globalstar Confirms Successful Launch of All 8 HIBLEO-4 Replacement Satellites via SpaceX Falcon 9
โ Globalstar has announced the successful launch and deployment of its latest satellites, marking another significant milestone in the continued expansion of its low Earth orbit (LEO) satellite constellation. All satellites were successfully dispensed from the launch vehicle and have reached their intended orbital planes. โ Globalstar's Satellite Operations Command Center team has established communications with each satellite, and all are currently under the Company's command and control. Initial health assessments indicate the satellites are performing as expected, and engineers are actively monitoring their status as they progress through early orbit operations. [Globalstar: 16 Aug 2026]
โ Amazon intends to buy โ Globalstar in a USD 11.57 billion deal to take on Elon Musk's โ Starlink [ Report: 14 Apr 2026]
Intuitive Machines (one of our early investments in robotics) has positioned itself as a space infrastructure company.