Elon Musk is a technology entrepreneur and co-founder of OpenAI (2015, left the board in 2018) who later founded xAI in 2023. He also owns X (formerly Twitter) and leads Tesla and SpaceX.
The Trump administration is intervening in a Clean Air Act lawsuit against Elon Musk's xAI, arguing that the NAACP's lawsuit threatens a data center powering Grok systems used by the military. The US …
The US Department of Justice moved to dismiss a Clean Air Act lawsuit by the NAACP against Elon Musk's xAI, arguing that enforcing pollution regulations at its Mississippi data center could threaten n…
SpaceX stock fell from its peak of $222 to around $200 on Tuesday, marking its first sustained decline since going public on Friday. The decline comes amid concerns over the company's cash burn, its m…
OpenAI lost approximately $38.5 billion in 2025, a sharp increase from $5.09 billion in 2024, according to financial documents obtained by critic Ed Zitron and verified by the Financial Times. Revenue…
MIT Technology Review released an exclusive subscriber-only eBook compiling six stories on how militaries are using AI models for decision-making, including generative AI for spying, AI chatbots for t…
SpaceX briefly surpassed Amazon to become the fifth-most valuable company in the world, with its valuation spiking to $2.9 trillion before settling back down. The surge followed news of its acquisitio…
SpaceX announced a $60 billion stock deal to acquire AI coding startup Cursor, raising uncertainty for CIOs and developers. Analysts are divided on whether the acquisition will benefit Cursor's custom…
The Department of Justice and Mississippi moved to intervene in an NAACP lawsuit against Elon Musk's xAI over alleged unlawful operation of methane gas turbines near Memphis, arguing that xAI's AI mod…
Tech CEOs including Microsoft AI's Mustafa Suleyman and Nvidia's Jensen Huang have shifted their public messaging on AI from warning of job replacement to emphasizing augmentation and collaboration, d…
SpaceX has agreed to acquire Anysphere, the maker of AI coding tool Cursor, in a stock deal valuing the startup at $60 billion. The acquisition, disclosed in a regulatory filing, will make Anysphere a…
SpaceX has agreed to acquire AI coding company Cursor's parent Anysphere for $60 billion in an all-stock transaction, expected to close in Q3 2026 pending regulatory approvals. The deal follows an Apr…
SpaceX acquired AI coding startup Cursor for $60 billion in stock just days after its record-breaking IPO, using its surging share price as a near-costless acquisition currency. The deal, the largest …
SpaceX shares surged for a third consecutive day, pushing its market value to $2.8 trillion and briefly overtaking Amazon to become the world's fourth-largest stock. The rally was driven by limited pu…
SpaceX will acquire AI coding startup Cursor for $60 billion, aiming to gain a competitive edge against Anthropic and OpenAI. The deal, announced in a regulatory filing, will make Cursor a wholly owne…
SpaceX announced it will acquire Anysphere, the parent company of AI coding tool Cursor, for $60 billion in stock, four days after its Nasdaq debut at a $1.77 trillion valuation. The deal pairs Cursor…
SpaceX agreed to acquire Anysphere, the parent company of AI coding tool Cursor, in a $60 billion all-stock deal following its record-breaking IPO. The acquisition aims to combine Cursor's software wi…
SpaceX shares surged over 11% on Tuesday, pushing its market capitalization past Amazon to become the fifth largest public company at nearly $2.8 trillion. The rally, driven by retail demand, options …
The U.S. Department of Justice intervened in an NAACP lawsuit against Elon Musk's xAI, arguing that shutting down unpermitted gas turbines powering its Colossus 2 data center would threaten national s…
SpaceX acquired AI coding startup Anysphere, the company behind Cursor, for $60 billion in stock to help its xAI division catch up with OpenAI and Anthropic in AI-assisted coding. The deal gives Curso…
Elon Musk's $1 trillion net worth could buy 1.3 million California homes at the state's median price of $776,000, or 2.7 million homes nationally at the U.S. median of $368,000, according to a Zillow-…