Apple iPhone Preview, SpaceX Spectrum Deal | Bloomberg Tech 9/8/2025

Here is a 174-word summary of the news article: Apple is set to unveil its latest iPhone model, with details expected to be announced soon. Meanwhile, SpaceX has agreed to purchase wireless spectrum from EchoStar for around $17 billion, a move that will bolster the company's satellite internet capabilities. Cognition AI, a leading AI firm, has secured a new $400 million funding round, valuing the company at $10.2 billion. This significant investment underscores the growing demand for advanced artificial intelligence technologies. Additionally, Tesla's special committee has proposed a $1 trillion pay package for CEO Elon Musk. This staggering compensation plan is aimed at incentivizing Musk to remain with the company and drive its continued success. The news highlights the dynamic nature of the tech industry, with major developments in smartphones, satellite communications, AI, and electric vehicles. These announcements showcase the continued innovation and investment in key technological sectors.