13-09-2026 06:00 via ft.com

Musk’s secretive backer builds $40bn SpaceX stake

Low-profile venture capital firm Vy Capital has emerged as one of the rocket maker’s largest shareholders
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Defense news



Trump administration approves $24bn sale of F-35 jets to Saudi Arabia
Scientists test new (and old) navigation systems to end GPS dependence
UK looks to ‘land drones’ to transform beleaguered Ajax fighting vehicles
‘Buy British’ military procurement is a poor way to defend the realm
Trump’s Iran war has cost US $38bn and caused munitions ‘shortfall’
Iran war has left US with munitions ‘shortfall’, Pentagon watchdog says
Oxford spin-off builds low-cost jet engines for drones
Jaguar Land Rover targets Nato military budgets with revamped Defender
US military reveals it has weapons in space
Start-up opens factory a mile from Tower Bridge amid defence surge
Defence sales test Europe’s appetite for US investment
How Russia’s new drones are changing the air war
German military start-up seeks carmakers’ help to re-arm Europe
Drone almost struck Zelenskyy’s plane, says Ukraine
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