Space
New Sun mission to launch in attempt to snap 1st-ever photos of star’s poles
A new spacecraft is set to launch on a journey to the Sun. It’s goal: to snap the first pictures of the Sun’s north and south poles.
Dubbed Solar Orbiter, the spacecraft is a collaboration between the European Space Agency (ESA) and NASA. The 3,970-lb. (1,320 kg) spacecraft will launch atop United Launch Alliance (ULA) Atlas V rocket on Feb. 7, 2020, during a two-hour launch window that opens at 11:15 p.m. EST (0415 GMT Feb. 8).
It’s launching at night because the spacecraft is on a path to Venus where it will use the planet’s gravity to slingshot itself out of the ecliptic plane — the area of space where all planets orbit.
From that vantage point, Solar Orbiter’s on-board cameras will capture the first-ever view of the Sun’s poles.
“Up until Solar Orbiter, all solar imaging instruments have been within the ecliptic plane or very close to it,” Russell Howard, space scientist at the Naval Research Lab in Washington, D.C. and principal investigator for one of Solar Orbiter’s ten instruments said in a mission update. “Now, we’ll be able to look down on the Sun from above.”
“It will be terra incognita,” added Daniel Müller, ESA project scientist for the mission at the European Space Research and Technology Centre in the Netherlands. “This is really exploratory science.”
The spacecraft is taking a suite of specialized instruments with it on its journey to the sun. It will also work in tandem with another solar-observing spacecraft—NASA’s Parker Solar Probe.
Launched in 2018, Parker has now completed its first few close passes of the sun. The spacecraft is already making discoveries, showing that despite appearance, the sun is anything but quiet.
It plays a central role in shaping space around us. As a magnetically active star, the sun unleashes powerful bursts of light and a slew of charged particles (racing at near light-speed) across the solar system. This violent activity has been happening throughout the sun’s 5.5 billion-year lifespan and affects our planet daily.
The sun has a massive magnetic field, which stretches far beyond Pluto, and creates the boundary between our solar system and interstellar space. It also creates a path for charged particles to whiz across the solar system.
The barrage of energetic particles, known as the solar wind, can damage spacecraft, satellites, and is harmful to our astronauts. It can disrupt navigation signals, and during extreme flares, can even trigger power outages.
But we can prepare for these things by monitoring the sun’s activity and magnetic field. However, our view from Earth is limited and leaves us with incomplete data. Scientists are hoping that by observing the sun’s polar regions, Solar Orbiter will be able to fill in the gaps in our knowledge.
“The poles are particularly important for us to be able to model more accurately,” Holly Gilbert, NASA project scientist for the mission at NASA’s Goddard Space Flight Center in Greenbelt, Maryland. “For forecasting space weather events, we need a pretty accurate model of the global magnetic field of the Sun.”
Solar Orbiter will take seven years to reach a viewpoint 24 degrees above the Sun’s equator, increasing to 33 degrees if the mission is extended an additional three years. That will provide the best views ever of the poles.
Additionally, the poles may be able to shed some light on the driving force behind sun spots — dark spots on the sun’s surface that mark strong magnetic fields. In 1843, German astronomer, Samuel Heinrich Schwabe, discovered that the spots increase and decrease during the solar cycle in a repeating pattern.
There are an abundance of sunspots during solar maximum (when the sun is active and turbulent) and fewer during solar minimum (when the sun is calmer). But scientists don’t understand why the cycle lasts 11 years, or why some solar maximums are stronger than others.
They hope to find the answer by observing the changing magnetic fields at the poles.
There’s only been one other spacecraft to fly over the sun’s polar regions: another joint ESA/NASA venture called Ulysses. It made three passes around the sun before being decommissioned in 2009. However, unlike Solar Orbiter, Ulysses did not have an imager on board to take pictures of the poles.
That spacecraft also did not get nearly as close as Solar Orbiter will. That’s because it lacked the technology required to keep it cool. Scientists have been waiting more than 60 years for missions like Parker Solar Probe and Solar Orbiter to come online.
It’s takes a lot of technology development to be able to design and build a spacecraft that will survive a close encounter with the sun.
Solar Orbiter is outfitted with a custom-designed titanium heat shield, topped with a calcium phosphate coating that withstands temperatures over 900 degrees Fahrenheit (482 degrees Celsius). That’s thirteen times the amount of heat that spacecraft in Earth-orbit are subjected to.
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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