SpaceX is evaluating the adaptation of its Starlink laser-based communication system for lunar missions. The company aims to establish high-speed, uninterrupted data connections between Earth and the Moon. This initiative would leverage the existing Starlink constellation's laser inter-satellite links to create a network capable of supporting lunar operations.

The proposed system would use optical terminals mounted on satellites to transmit data via laser beams. These terminals are already deployed on thousands of Starlink satellites in low Earth orbit, enabling high-bandwidth communication without the latency of traditional radio frequency systems. For lunar applications, SpaceX would need to modify the hardware to operate over the greater distances involved.

A key goal is to provide gigabit-per-second data rates for lunar missions. Such bandwidth would support real-time video streaming, telemetry, and scientific data transmission from the Moon's surface. Current communication systems for lunar missions rely on radio frequencies, which offer lower data rates and are more susceptible to interference.

SpaceX has not disclosed a specific timeline for deploying the lunar laser network. The company is reportedly in early discussions with NASA and other space agencies about potential integration with upcoming Artemis missions. The Artemis program aims to return humans to the Moon by the mid-2020s, with a need for robust communication infrastructure.

The laser network could also support future Mars missions, as the technology is scalable for interplanetary distances. SpaceX CEO Elon Musk has previously stated that Starlink's laser links could eventually be used for deep-space communication. However, the immediate focus remains on lunar applications.

SpaceX has already demonstrated laser communication capabilities in orbit. In 2020, the company tested laser links between two Starlink satellites, achieving data transfer rates of several hundred gigabits per second. The lunar adaptation would require extending the range from a few thousand kilometers to nearly 400,000 kilometers.

Technical challenges include maintaining precise alignment of laser beams over such distances and compensating for the relative motion of Earth and the Moon. SpaceX is developing advanced tracking and pointing systems to address these issues. The company has filed patents for laser communication terminals designed for deep-space use.

SpaceX has not announced a specific launch date for the lunar laser network. The project is still in the conceptual phase, with feasibility studies underway. A company spokesperson stated that the technology has the potential to revolutionize space communications, but no official timeline has been provided.

Rhode Island and Kalshi, a prediction market platform, have initiated dueling lawsuits over the legality of Kalshi's operations in the state. The Rhode Island Department of Business Regulation filed a complaint against Kalshi on Tuesday, alleging that the platform's event-based contracts constitute illegal gambling under state law. Kalshi responded by filing its own lawsuit in federal court, seeking a declaratory judgment that its activities are lawful and protected under federal commodities law.

The dispute marks the latest front in a broader legal struggle between prediction markets and state regulators. Kalshi allows users to trade contracts on outcomes of events such as elections, sports, and economic indicators. The platform is regulated by the Commodity Futures Trading Commission (CFTC) as a designated contract market, but several states argue that its offerings violate their anti-gambling statutes.

Rhode Island's lawsuit claims that Kalshi's contracts are not genuine futures contracts but rather bets on uncertain events, which fall under the state's definition of gambling. The state seeks to bar Kalshi from operating within its borders and impose penalties for alleged violations. Kalshi's countersuit contends that federal law preempts state gambling restrictions because its contracts are regulated commodities products.

Kalshi CEO Tarek Mansour stated that the company's contracts are legal and transparent, providing valuable hedging tools for businesses and individuals. He emphasized that Kalshi operates under CFTC oversight and complies with all federal regulations. The company argues that state-level challenges threaten to undermine a legitimate financial market.

Rhode Island joins a growing list of states that have taken legal action against prediction markets. Nevada, New Jersey, and Texas have previously filed similar lawsuits or issued cease-and-desist orders against Kalshi and other platforms. These states contend that prediction markets blur the line between regulated futures trading and unlicensed gambling.

The legal outcomes could have significant implications for the prediction market industry. If states succeed in banning these platforms, it could limit the growth of event-based trading in the U.S. Conversely, if Kalshi prevails, it may set a precedent that strengthens federal authority over such markets.

Kalshi's platform has gained popularity for allowing users to trade on political events, including election outcomes. The company has argued that its contracts serve a legitimate economic purpose by enabling risk management and price discovery. However, critics warn that these markets could be susceptible to manipulation and pose risks to retail investors.

The Rhode Island case is scheduled for a preliminary hearing next month. Both parties have requested expedited proceedings to resolve the legal uncertainty. The CFTC has not commented on the state lawsuits but has previously defended its regulatory authority over prediction markets.

As the legal battle unfolds, Kalshi continues to operate in Rhode Island pending the court's decision. The company has stated it will vigorously defend its right to offer event contracts nationwide. The outcome of this case could influence how other states approach regulation of prediction markets in the future.

IMAX Corporation has begun preliminary discussions with potential acquirers, signaling a possible sale of the company. The move comes as the premium large-format cinema operator capitalizes on shifting consumer preferences toward enhanced theatrical experiences. Sources familiar with the matter confirmed that IMAX has engaged advisors to evaluate interest from strategic and financial buyers.

The company’s exploration of a sale follows a period of strong financial performance, driven by blockbuster releases and growing demand for premium screens. IMAX reported a 25% increase in global box office revenue in the most recent quarter compared to the same period last year. The company operates over 1,700 theaters across 87 countries, with a significant presence in China and North America.

IMAX’s proprietary technology, including its dual-laser projection systems and immersive sound, has positioned it as a leader in the premium cinema segment. The company has also expanded into virtual reality and streaming partnerships, though its core business remains large-format theatrical exhibition. Analysts estimate that a sale could value IMAX at several billion dollars, given its brand recognition and technological moat.

The potential sale comes as the broader cinema industry faces headwinds from streaming services and changing consumer habits. However, IMAX has bucked the trend by attracting audiences willing to pay a premium for a differentiated viewing experience. The company’s recent slate of films, including "Oppenheimer" and "Dune: Part Two," drove record attendance at IMAX locations.

IMAX has not set a formal auction process and may decide against a sale if offers do not meet its valuation expectations. The company’s board is expected to weigh strategic alternatives, including partnerships or continued independence. IMAX CEO Richard Gelfond has previously expressed confidence in the company’s standalone growth prospects.

Potential buyers could include major studios, theater chains, or private equity firms seeking exposure to the premium entertainment sector. China’s Wanda Group, which previously held a stake in AMC Theatres, has been cited as a possible suitor, though no formal bids have been disclosed. IMAX’s strong ties to Chinese exhibitors make it an attractive target for Asian investors.

The company’s stock rose 8% in after-hours trading following the news of the sale exploration. IMAX shares have gained 15% year-to-date, outperforming the broader market. The company is scheduled to report its quarterly earnings next month, which could provide further clarity on its financial trajectory.

IMAX declined to comment on the sale speculation. The company stated in a regulatory filing that it regularly evaluates strategic opportunities to enhance shareholder value. Any transaction would require regulatory approvals in multiple jurisdictions, given IMAX’s global footprint.

TechCrunch Mobility, the newsletter dedicated to transportation innovation, released its latest edition under the headline 'Robotaxi reality check.' The publication serves as a central hub for news and analysis on the future of mobility. This installment zeroes in on the autonomous taxi sector, offering a grounded assessment of its progress and hurdles.

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TechCrunch Mobility's 'Robotaxi reality check' aims to provide a balanced view, acknowledging both the potential and the limitations of current systems. The newsletter draws on reporting from TechCrunch's transportation team, as well as insights from industry experts and analysts.

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TechCrunch Mobility is published regularly and covers a broad range of topics, including electric vehicles, micromobility, and aviation. The 'Robotaxi reality check' edition is available to subscribers via email and online.