Friday, June 12, 2026

SpaceX goes public with a historic IPO today

SpaceX goes public with a historic IPO today | NASA defends all-male Artemis 3 crew amid backlash | The critical robot arm on the ISS isn't working properly
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June 12, 2026
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SpaceX goes public with a historic IPO today
Space.com
You made it to Friday, space fans!

As you may have already heard, SpaceX went public today, launching into the IPO frontier. The aerospace giant is now a publicly-traded company, with the $1.7 trillion deal being rung in by the ceremonial bell both in New York and in Texas. This means that Elon Musk is now the world's first trillionaire. And however you might feel about SpaceX and its accomplishments, this news is certainly something to think about. 

Aside from Musk and his trillion dollars (still feels weird to say), there is actually an issue with the robotic arm that astronauts use on the International Space Station. A fix is underway, but little scares like this do remind you of how every piece of equipment in space could have something happen at some point. Skywatchers, did you see the planet parade in the night sky? The opportunity is fleeting, so make sure to look up and see what you can -- and let us know if you captured an especially great view!

Check out the biggest news in space below:
 
That's a lot of money
 
 
 
 
 
Trending
 
NASA defends all-male Artemis 3 crew amid backlash
Space.com
The four astronauts named to the Artemis 3 crew are all male, but NASA officials emphasized they were selected based on their qualifications and experience.
 
What does NASA say?
 
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Spaceflight
 
The critical robot arm on the ISS isn't working properly
Space.com
A part of Canadarm2 robotic arm on the ISS broke in May, requiring repairs by spacewalking astronauts no earlier than June 30. A spare is already on the station.
 
How will NASA fix it?
 
 
 
 
Skywatching
 
Don't miss this beautiful 3-planet parade after sunset 
Space.com
Mercury, Venus and Jupiter will form a striking 3-planet parade low above the western horizon after sunset tonight (June 12), offering a brief but beautiful show.
 
It won't last long!
 
How satellites are ruining everything
Space.com
From ruined photos to vanishing darkness, satellites are transforming the night sky — and not always for the better.
 
Do you agree?
 
 
 
 
Science & Astronomy
 
JWST finds evidence 'little red dots' are black hole stars
Space.com
Astronomers using the James Webb Space Telescope may be close to solving the mystery of "little red dots" in the early universe.
 
What does it mean?
 
JWST discovers strange 'galaxy-killing' wind 
Space.com
A “galaxy-killing” wind driven by cosmic mergers may explain why many massive galaxies in the early universe stopped forming stars far earlier than expected, according to new JWST and ALMA observations.
 
How does it work?
 
 
 
 
Today in Space
 
Satellite-boosting spacecraft inside air-launched rocket
Space.com
A spacecraft was recently prepped for encapsulation inside of its rocket at one of NASA's launch facilities ahead of its launch to save another satellite.
 
Readying for launch
 
 
 
 
SpaceX
 
Elon Musk wants to put 1 million AI satellites in space
Space.com
SpaceX CEO Elon Musk outlined more details for his company’s planned data centers in space ahead of a widely anticipated IPO on Thursday (June 11) expected to make him a trillionaire.
 
How could they do it?
 
 
 
 
Entertainment
 
'Star City''s stars spill the tea on Soviet severity 
Space.com
'It's not a big deal that they’re women in their fields. They're just sort of surviving and ruthless.'
 
Get the full Soviet scoop
 
 
 
 
Editor's Note
 
Editor's Note
That's it for our space update today!

you made it to the weekend. We have Elon as a trillionaire, a robotic arm in need of repair in orbit around Earth, and NASA's administrator rushing to the defense of the agency's decision to have an all-male crew on Artemis 3. What do you think about all of the wild space news we saw just this past week alone? 

Looking forward to next week, we will have amazing breakthrough science and updates on NASA's leading astro missions from the bi-annual American Astronomical Society (or AAS) conference where Space.com will be on the ground asking questions and sharing the latest with you. And for those who love sci-fi, today Steven Spielberg's latest "Disclosure Day" hits theaters. Will you see it? And what do you think will happen in real life if and when we finally answer the question: is there life out there?



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Chelsea Gohd
Content Manager, Space.com
 
 
 
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