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SpaceX plans to launch 100,000 additional Starlink satellites, promising 100x faster internet speeds for rural customers. While the expansion could revolutionize global connectivity, it raises concerns about space debris and economic viability.
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.
City Labs has launched the world’s first commercial nuclear-powered satellite, BOHR, aboard a SpaceX Falcon 9 rocket. The satellite uses a tritium-based nuclear battery to provide consistent power in space, marking a significant milestone in commercial spaceflight.
SpaceX president Gwynne Shotwell has pledged $320 million in SpaceX stock to the Trump Accounts program, aiming to support 2 million children, especially those in lower-income families near her Texas home.
Cursor's future as a platform supporting multiple AI models after its acquisition by SpaceX raises important questions about openness in the AI industry. The platform's role in enabling developers to use different AI assistants could influence how AI ecosystems develop.
SpaceX is reportedly developing an AI-powered device resembling a smartphone, signaling potential expansion into wireless communications. The prototype, shown to investors before the company's IPO, could represent a major strategic shift for the space technology giant.
SpaceX has revealed a slim AI smartphone prototype to investors, showcasing xAI technology and aiming to create an 'everything app' similar to WeChat.
SpaceX has drawn $89 billion in investor demand for its debut US bond sale, positioning it as one of the largest investment-grade offerings this year.
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.
SpaceX shares dropped again as post-IPO euphoria fades, with the stock now down nearly 18% from its June 16 peak.
SpaceX shares dropped more than 6% as the frenzy surrounding its record-breaking $60 billion IPO begins to cool. The market reassessment follows a period of intense speculation and broader investor caution.
Before SpaceX's IPO, a previously unreported investor with ties to Chinese military contractors has surfaced, raising security concerns. The revelation could impact the company's IPO process and prompt increased regulatory scrutiny.