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SpaceX's stock price has dropped to $135 during its IPO, reflecting growing investor skepticism about the company's ability to deliver on its ambitious promises. The decline comes ahead of the highly anticipated Starship launch, which could either revitalize investor confidence or further pressure the stock price.
Sam Altman counters Elon Musk's scammer accusations by calling out Musk's promotion of short-term space data center investments. Industry experts largely agree with Altman's perspective on the practical limitations of space-based computing.
New York-based Subversive ETFs has filed with the SEC for two 'Ex-Elon' ETFs that track the Nasdaq-100 and S&P 500 while excluding companies linked to Elon Musk.
Elon Musk praises Anthropic's Mythos/Fable framework and assures continued support for the company's AI development. With $40 billion in potential revenue at stake, Musk's endorsement carries significant industry weight.
Elon Musk says SpaceX's IPO has made thousands of employees millionaires, highlighting the company's equity-driven culture. Musk emphasized that the wealth distribution reflects his vision of shared success.
A federal judge approved Elon Musk’s $1.5 million SEC settlement over his late disclosure of a Twitter stake, despite significant concerns about the agreement. The case highlights regulatory challenges and the influence of high-profile figures in enforcement actions.
SpaceX AI has released Grok 4.5, described by Elon Musk as an 'Opus-class model,' promising a more efficient and cost-effective alternative to leading AI systems.
SpaceX has revealed a slim AI smartphone prototype to investors, showcasing xAI technology and aiming to create an 'everything app' similar to WeChat.
Attorney Bill Savitt's sharp cross-examination of Elon Musk in the Musk v. Altman case has drawn widespread attention, highlighting the high-stakes legal battle over OpenAI's leadership and the broader implications for AI governance.
Learn about orbital data centers - a futuristic concept where supercomputers orbit Earth to process and store data, potentially revolutionizing how we handle information.
The FTC has cleared Elon Musk to acquire Mesh Optical Technologies, a startup founded by former SpaceX engineers, as he expands his AI infrastructure ambitions.
SpaceX has entered the bond market for the first time to raise at least $20 billion, aiming to fund its AI development initiatives. This move follows a record-breaking IPO that made Elon Musk a trillionaire.
