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Akash Sriram

Reporter

Indexed articles, last 90 days
11
Latest publication
Sep 23, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 6, 2026

Latest articles

  1. Article · Sep 23, 2026 · By Akash Sriram

    Space investment more than doubled to $23 billion in year to June, report says (opens the original)

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    Sept 23 (Reuters) - Private investment in space companies globally climbed to $23 billion in the year through June, more ‌than double the $9.7 billion raised a year earlier, according to ‌a report by Relm Insurance and British investment firm Seraphim on Wednesday. SpaceX's June IPO has ​reshaped the funding landscape for the sector, drawing in new investors as venture firms look for the next space company capable of a similar payoff. Investors are funneling capital toward companies that can sho

  2. Article · Sep 16, 2026 · By Akash Sriram

    Impulse Space's Series D round grows to $808 million as backlog expands (opens the original)

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    Sept 16 (Reuters) - Impulse Space has raised $308 million in an extension of the Series D funding round, the startup building spacecraft ‌to move satellites and other payloads said on Wednesday, as it ‌looks to serve a backlog from commercial and government customers. The extension valued the company at $5.6 billion, according ​to a source close to the company. SpaceX's $86 billion IPO in June has bolstered investor enthusiasm for the space sector, helping improve the fundraising environment for

  3. Article · Aug 5, 2026 · Akash Sriram

    Uber doubles down on robotaxi plans, shares fall on weak profit forecast (opens the original)

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    Aug 5 (Reuters) - Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo ‌remained an important partner despite reports that the Alphabet unit was considering ‌ending their alliance. Shares of the ride-hailing company fell 4.8% after the company forecast adjusted profit per share of ​84 cents to 88 cents for the third quarter, below analysts' expectations of 89 cents, according to data compiled by LSEG. The company said on W

  4. Article · Aug 5, 2026 · Akash Sriram

    SpaceX slides as AI spending worries overshadow early returns (opens the original)

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    Aug 5 (Reuters) - SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company. But investors remained concerned about how long its profitable Starlink business could continue to bankroll costly investments in data centers and Nvidia chips. The company's shares fell about ‌12% on Wednesday, dropping well below their $135 IPO price in less than two months since the company's blockbuster debut. "With capex expected to remain elevated and ‌inve

  5. Article · Aug 3, 2026 · Akash Sriram

    SpaceX's first results put Musk's AI spending under Wall Street microscope (opens the original)

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    August 3 (Reuters) - SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures. Due after the market closes on Tuesday, the results will give SpaceX's limited pool of public investors their first chance ‌to judge whether the financial case behind the company's lofty valuation supports CEO Elon Musk's vision of a powerhouse spanning AI, space and telecommunicati

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