Newsletter Subscribe
Enter your email address below and subscribe to our newsletter

Elon Musk on Thursday publicly acknowledged Anthropic as the leading company in artificial intelligence, admitting he was "clearly wrong" about the startup he had previously disparaged as unlikely to succeed. The remarks represent a striking reversal for the SpaceX and…

Elon Musk announced on Tuesday that SpaceXAI will release Grok 4.5, the company's latest large language model, to the public on Thursday, July 9, following an 11-day private beta with SpaceX and Tesla teams. The model marks the first major…

SpaceX has filed an application with the Federal Communications Commission seeking authorization to deploy a third-generation Starlink constellation of 100,000 satellites, a proposal that would represent a tenfold increase over its current fleet and the company's most ambitious regulatory bid…

Worldwide equity fundraising reached $729.4 billion in the first half of 2026, marking the second-highest start to a year ever recorded, according to Mergermarket data reported by The Wall Street Journal. The surge reflects a wave of deal-making buoyed by…

Elon Musk on Wednesday denied a report from The Wall Street Journal News Corp that SpaceX had privately showcased a prototype of an AI-powered consumer device to investors, calling the claim "utterly false" in a post on X. SpaceX shares…

SpaceX has endured a bruising start to life as a publicly traded company. Shares of the Elon Musk-led aerospace and AI conglomerate closed at $153 on Thursday, June 25 — more than 24% below their record close of $201.80 and…

SpaceX completed a record $25 billion inaugural bond sale on Tuesday, less than two weeks after its historic initial public offering, as investor demand swelled to nearly $90 billion in orders — prompting one of Europe's top financial executives to…

Elon Musk is no longer a trillionaire. Just days after becoming the first person to cross the $1 trillion net worth threshold, the world's richest person has seen his fortune fall back to $957 billion following a sharp decline in…

Andreessen Horowitz general partner David George said on Tuesday that SpaceX has a clear path to deploying artificial intelligence computing infrastructure in orbit, describing the company's planned satellites as "airplane-sized GPU racks in space" during an interview on Bloomberg Television's…

Bitcoin opened Wednesday at its lowest level in roughly two weeks, hovering near $62,660 after shedding value throughout the prior session as a global technology sell-off — led by SpaceX's post-IPO rout — deepened risk-off sentiment across crypto markets.

SpaceX shares fell sharply in premarket trading on Tuesday, threatening to push the company's market capitalization below $2 trillion for the first time since its record-breaking initial public offering less than two weeks ago. The stock traded near $148 before…

Space Exploration Technologies Corp. became a constituent of the FTSE All-World Index on Monday, just ten days after its record-shattering debut on the Nasdaq, capping a whirlwind entry into global capital markets that has left analysts deeply divided over how…

SpaceX announced on Tuesday that it will exercise its option to acquire Anysphere, the company behind the AI coding assistant Cursor, in a deal valued at $60 billion, according to Reuters. The acquisition, which SpaceX expects to close during the…

Elon Musk crossed the trillion-dollar threshold on Friday as SpaceX began trading on the Nasdaq in the largest initial public offering in history, a milestone that cements the entrepreneur's position atop the global wealth rankings by an extraordinary margin.

Google's Alphabet Inc. decision to pay SpaceX $920 million per month for AI computing capacity is sending a bullish signal for Microsoft's Azure cloud business, according to BNP Paribas analyst Stefan Slowinski, who argues the deal underscores demand that remains…

SpaceX is pushing to demonstrate space-based artificial intelligence computing infrastructure by late 2027, ahead of the "as early as 2028" deployment timeline disclosed in its IPO filing, according to Reuters. The accelerated schedule emerged during investor presentations ahead of the…

SpaceX released a roughly 31-minute video on Monday in which CEO Elon Musk and engineer Ian Dahl laid out plans for AI satellites designed to function as computing nodes in orbit, positioning the concept as central to the company's future…

SpaceX launched its upgraded Starship V3 megarocket on Friday evening from Starbase, Texas, marking the debut of the company's most powerful rocket design yet. While the upper stage successfully deployed 22 dummy Starlink satellites and completed a controlled splashdown in…