Space
Solar Orbiter heads to the sun in mission to unravel its mysteries, takes first space measurements
The European Space Agency’s (ESA) Solar Orbiter spacecraft is traveling through the cosmos. Its destination: the inner solar system. The 3,900-lb. (1,800-kg) spacecraft will work in tandem with NASA’s Parker Solar Probe to unravel solar mysteries that have puzzled scientists for decades.
The probe will spend the next two years cruising towards the sun and using both Venus and the Earth to slingshot itself out of the ecliptic plane — the area of space where all planets orbit. This vantage point will allow the spacecraft to eventually look down upon the sun’s polar regions and snap the very first images of this crucial area.
“We believe this area holds the keys to unraveling the mysteries of the sun’s activity cycle,” Daniel Müller, the mission’s ESA project scientist, said in a prelaunch science briefing on Feb. 7.
The Solar Orbiter and its suite of 10 specialized instruments will act as a mobile laboratory in space, tracking eruptions of solar materials from their origin on the surface of the sun, out into space, and all the way down to Earth.
“Our entire solar system is governed by the activity that comes from the sun,” Nicky Fox, director of NASA’s Heliophysics Division said during the mission’s science briefing. “There’s a continually streaming kind of soup of energetic particles that moves away from the sun and bathes all the planets. We call that the solar wind.”
Together, the solar wind and the sun’s magnetic field create a huge bubble known as the heliosphere, which shields the Earth from powerful interstellar radiation called cosmic rays.
Coronal mass ejections (CMEs) are energetic eruptions of solar material and when they make it to Earth, the solar particles can interact with our planet’s magnetic field to produce powerful electromagnetic fluctuations. Known as geomagnetic storms, they are troublesome because they’re known to disrupt technologies like communications systems and even power grids.
Additionally, they can also be dangerous to astronauts and satellites in space. Solar Orbiter will help mitigate damages from these types of storms by helping scientists better predict when they might happen.
Solar Orbiter launched atop an Atlas V rocket on Feb. 9 at 11:03 p.m. EST (0403 GMT on Feb. 10). About an hour after liftoff, the spacecraft separated from the rocket’s upper stage as planned, extended its solar arrays and sent a signal back to Earth that it had power.
The spacecraft then spent the next several days deploying its communication antennas as well as its instrument boom.
Its first three months are what’s known as a commissioning phase, during which ground controllers will check out the onboard instruments to make sure everything is in working order. Two years from now, the spacecraft will be close enough to take its first detailed measurements of the sun, but we didn’t have to wait that long for the first bits of science data to come in.
Solar Orbiter carries ten scientific instruments, four in situ (meaning they measure the environment around the spacecraft) and six remote-sensing imagers (which will measure the sun’s properties). The majority of the in situ instruments are located on a 4.4-m-long extendable boom. They study the electromagnetic characteristics of the solar wind, as well as the stream of charged particles flowing from the Sun.
“We measure magnetic fields thousands of times smaller than those we are familiar with on Earth,” Tim Horbury, principal investigator for the magnetometer (MAG) instrument on the Solar Orbiter, said in the statement. “Even currents in electrical wires make magnetic fields far larger than what we need to measure. That’s why our sensors are on a boom, to keep them away from all the electrical activity inside the spacecraft.”
Designed to measure the strength and direction of the magnetic field, the MAG (which is composed of two sensors) was the first instrument to send back data.
“The data we received shows how the magnetic field decreases from the vicinity of the spacecraft to where the instruments are actually deployed,” Horbury said in the same statement. “This is an independent confirmation that the boom actually deployed and that the instruments will, indeed, provide accurate scientific measurements in the future.”
The boom is a pole made constructed out of titanium and carbon-fiber that houses three instruments, which are so sensitive that they need to be kept away from the main body of the spacecraft to avoid potential electromagnetic disturbances.
“Measuring before, during, and after the boom deployment helps us to identify and characterize signals that are not linked to the solar wind, such as perturbations coming from the spacecraft platform and other instruments,” Matthieu Kretzschmar, lead co-investigator of the high-frequency magnetometer of the Radio and Plasma Waves instrument (RPW) instrument, which is also located on the boom and will study properties of the solar wind.
The team will continue to calibrate the spacecraft’s suite of instruments and will begin collecting official science data as early as May.
Elon Musk
Why SpaceX just made a $60 billion bet on AI coding ahead of historic IPO
SpaceX has secured an option to acquire Cursor AI for $60 billion ahead of its historic IPO.
SpaceX announced today it has struck a deal with AI coding startup Cursor, securing the option to acquire the company outright for $60 billion later this year, while committing $10 billion for joint development work in the interim. The announcement described the partnership as building “the world’s best coding and knowledge work AI,” and comes just days after Cursor was separately reported to be raising $2 billion at a valuation above $50 billion.
The move makes strategic sense given where each company currently stands. Cursor currently pays retail prices to Anthropic and OpenAI to the same companies competing directly against it with Claude Code and Codex. That means every dollar of revenue Cursor earns partially funds its own competition. With SpaceX bringing computational infrastructure to the Cursor platform, that could reduce Cursor’s dependence on OpenAI and Anthropic’s Claude AI as its providers. Access to SpaceX’s Colossus supercomputer, with compute equivalent to one million Nvidia H100 chips, gives Cursor the infrastructure to run and train its own models at a scale it could never afford independently. That one change restructures the entire unit economics of the business.
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Cursor’s $2 billion in annualized revenue and enterprise reach across more than half of Fortune 500 companies gives SpaceX something its xAI subsidiary currently lacks, which is a proven, fast-growing software business with real enterprise distribution.
For Cursor, SpaceX’s $10 billion in joint development funding is transformational. Cursor raised $3.3 billion across all of 2025 to reach that $2 billion in revenue. A single $10 billion commitment from SpaceX, even as a development payment rather than an acquisition, dwarfs everything Cursor has raised in its entire existence. That capital accelerates product development, enterprise sales infrastructure, and proprietary model training simultaneously.
The timing is deliberate. SpaceX filed confidentially with the SEC on April 1, 2026, targeting a June listing at a $1.75 trillion valuation, in what would be the largest public offering in history. The company is expected to begin its roadshow the week of June 8, with Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley serving as underwriters. Adding Cursor to the portfolio before that roadshow gives IPO investors a concrete enterprise software revenue story to price in, alongside rockets and satellite internet.
The deal also addresses a weakness that became visible after February’s xAI merger. Several xAI co-founders departed following that acquisition, and SpaceX had already hired two Cursor engineers, signaling where its AI talent strategy was heading. Cursor, for its part, faces a pricing disadvantage competing against Anthropic’s Claude Code.
Whether SpaceX exercises the full acquisition option before its IPO or after remains the open question. Either way, this deal reshapes what investors will be buying into when SpaceX goes public.
Elon Musk
How much of SpaceX will Elon Musk own after IPO will surprise you
SpaceX’s IPO filing confirms Musk will maintain his voting power to make key decisions for the company.
Elon Musk will retain dominant voting control of SpaceX after it goes public, according to the company’s IPO prospectus that was filed with the SEC. The filing reveals a dual-class equity structure giving Class B shareholders 10 votes each, concentrating power with Musk and a handful of other insiders, while Class A shares sold to public investors carry one vote.
Musk holds approximately 42% of SpaceX’s equity and controls roughly 79% of its votes through super-voting shares. He will simultaneously serve as CEO, CTO, and chairman of the nine-member board after the listing. Beyond that, the filing includes provisions that may limit shareholders’ influence over board elections and legal actions, forcing disputes into arbitration and restricting where they can be brought.
The case for Musk holding this level of control is grounded in SpaceX’s actual history. The company’s most important bets, from reusable rockets to a global satellite internet constellation, were decisions that ran against conventional aerospace thinking and would likely have faced resistance from a board accountable to investor gains. Fully reusable rockets were considered economically irrational by established industry players for years. Starlink, which now generates over $4 billion in annual operating profit, was widely dismissed as financially unviable when it was proposed. The argument for concentrated founder control seems straightforward, and the decisions that built SpaceX into what it is today required someone willing to ignore consensus and absorb years of losses.
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For context, Musk’s position is significantly more dominant than Zuckerberg’s at Meta. The comparison with Tesla is also worth noting. When Tesla did its IPO in 2010, it did not issue dual-class shares. Musk has only recently pushed for enhanced voting protection, proposing at least 25% control at Tesla in 2024 after selling shares to fund his Twitter acquisition left him with around 13%.
SpaceX has clearly learned from that experience and structured the IPO differently by planning to allocate up to 30% of shares to retail investors, roughly three times the typical norm for a large offering. The roadshow is expected to begin the week of June 8, with a Nasdaq listing rumored to be a $1.75 trillion valuation and a $75 billion raise.
Elon Musk
ARK’s SpaceX IPO Guide makes a compelling case on why $1.75T may not be the ceiling
ARK Invest breaks down six reasons SpaceX’s $1.75 trillion IPO valuation may be justified.
ARK Invest, which holds SpaceX as its largest Venture Fund position at 17% of net assets, has published a detailed investor guide to why a SpaceX IPO may be grounded in a $1.75 trillion target valuation.
The financial case starts with Starlink, SpaceX’s satellite internet constellation, which has surpassed 10 million active subscribers globally as of early 2026, with 2026 revenue projected to exceed $20 billion. ARK’s research puts the total satellite connectivity market opportunity at roughly $160 billion annually at scale, and Starlink is adding customers faster than any telecom network in history. That growth alone would justify a substantial valuation.
Additionally, ARK notes that SpaceX has reduced the cost per kilogram to orbit from roughly $15,600 in 2008 to under $1,000 today through reusable Falcon 9 hardware. A fully operational Starship targeting sub-$100 per kilogram would represent a significant cost decline and open markets that do not currently exist. SpaceX executed a staggering 165 missions in 2025 and now accounts for approximately 85% of all global orbital launches. That infrastructure position took decades to build and would be nearly impossible to replicate at comparable cost.
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The February 2026 merger with xAI added a layer to the valuation that straightforward financial models struggle to capture. ARK argues that at sub-$100 launch costs, orbital data centers could deliver compute roughly 25% cheaper than ground-based alternatives, without power grid delays, permitting friction, or land constraints. Musk has stated a goal of deploying 100 gigawatts of AI computing capacity per year from orbit.
The $1.75 trillion figure itself is not a conventional earnings multiple. At roughly 95x trailing revenue, it prices in Starlink’s adoption curve, Starship’s cost trajectory, and the orbital compute thesis together. The public S-1 prospectus, due at least 15 days before the June roadshow, will give investors their first complete look at the financials to test those assumptions. ARK’s position is that the track record earns the benefit of the doubt. Fully reusable rockets were considered unrealistic for years. Starlink was considered financially unviable. Both happened on timelines that surprised skeptics.
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