Dwindling stockpiles of solid rocket motors highlight industrial base challenges

Dwindling stockpiles of solid rocket motors highlight industrial base challenges

US air-and-missile-defense (AMD) systems have shown their worth in the Iran conflict, intercepting wave after wave of attacks from missiles and drones. But a number of costly TPY-2 radars have been damaged or destroyed, and stockpiles of munitions components such as solid rocket motors (SRMs) are dwindling, exacerbating concerns about the capability of AMD systems…

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SpaceX market cap tops  trillion after shares of Elon Musk's rocket company gain 19% on debut

SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 19% on debut

SpaceX CEO Gwynne Shotwell and SpaceX executives ring the Opening Bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Friday, propelling the rocket company’s valuation above $2 trillion, as trading commenced on the Nasdaq after a record-setting initial public offering. The Elon Musk-led space company’s stock jumped more…

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