A Japanese startup originating from Waseda University, Power Diamond Systems (PDS), showcased its diamond-based semiconductors at SEMICON Japan 2025, presenting for the first time an evaluation system that confirmed the devices' operation after packaging.

Japan's flagship heavy-lift rocket, the H3, suffered another setback on Sunday after its eighth flight failed, dealing a blow to the country's ambitions to strengthen its independent space capabilities.

SpaceX is widely expected to pursue an initial public offering in mid to late 2026. In anticipation, investors have increasingly tied the company's long-term growth story to the idea of orbital—or space-based—data centers, making the concept one of the most closely watched themes in capital markets.

South Korea's privately led rocket program, NURI (KSLV-II), completed its fourth successful launch on November 17, reaching an altitude of 601.3 kilometers and entering orbit—a milestone that has sharpened debate in Taiwan over its own ambitions in space.

SpaceX could go public as early as 2026 and emerge as one of the world's most valuable listed companies, with market estimates putting its post-IPO valuation at around US$1.5 trillion, as the company pushes to secure a leading position in space-based artificial intelligence (AI) data centers.

SpaceX is moving forward with an insider share sale that values Elon Musk's rocket and satellite company at approximately US$800 billion, setting the stage for what could become the largest initial public offering in history.