Aerospace industry

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Rolls-Royce profits soar 40% amid booming demand for AI datacentre power

Aerospace industry, ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Europe, Manufacturing sector, Rolls-Royce, Technology, Technology sector, UK news, World news

Engine maker promises to give up to £9bn to shareholders over next three years as turnaround gathers paceRolls-Royce’s profits soared by 40% last year as the engineering company’s turnaround gathered pace, helped by booming demand for power from datacentres.The company reported underlying profits of £3.5bn for 2025, up from £2.5bn the year before, as it […]

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Elon Musk is taking SpaceX’s minority shareholders for a ride | Nils Pratley

Aerospace industry, ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Elon Musk, Energy, Mergers and acquisitions, SpaceX, Technology

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the futureElon Musk merges SpaceX with xAI at $1.25tn valuationTo Elon Musk’s fan club, there is nothing to see apart from more evidence of the great man’s visionary genius. SpaceX, the rocket firm, is buying xAI, the artificial

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