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.
SpaceX’s xAI purchased an additional $269 million worth of Tesla Megapack products in April 2026 alone, according to an amended S-1 IPO filing published yesterday. That single month’s spending exceede…
Anthropic, SpaceX-xAI, and OpenAI are racing toward public listings this year, with Anthropic filing a confidential S-1 and SpaceX targeting a valuation between $1.25 trillion and $1.75 trillion after…
Three leading AI companies — Anthropic, SpaceX, and OpenAI — are racing to go public this year, with SpaceX’s IPO potentially becoming the largest in history and the combined value of all three offeri…
British MP Jess Asato has filed a High Court claim against Elon Musk's xAI, alleging the company's Grok chatbot was used to create fake sexualised images and a video of her. The lawsuit, brought by la…
SpaceX's amended IPO filing includes language suggesting the company may issue equity for future transactions, signaling a potential merger with Tesla. The IPO also reserves 5% of shares—worth $3.75 b…
Elon Musk's xAI released Grok Imagine Video 1.5 in preview, an image-to-video model that generates short 720p videos from a single still image. Users control camera movement, pacing, and atmosphere th…
SpaceX amended its IPO filing on June 1 to include a provision reserving 5% of shares for friends and family without lockup restrictions, potentially allowing recipients to reap billions in immediate …
Data center critic Andy Masley argues that most local concerns about data centers are based on misinformation, citing only CO2 emissions, noise pollution, and specific cases like Elon Musk's facilitie…
Grimes County, Texas, approved a 35-year full property tax exemption for SpaceX's planned $55 billion Terafab semiconductor facility in a 4-1 vote, despite local opposition over environmental and fisc…
British MP Jess Asato filed a High Court claim on Wednesday against Elon Musk's xAI, alleging its Grok chatbot generated sexualised and non-consensual images and a video of her. The lawsuit, submitted…
SpaceX is set to debut as one of the largest IPOs in history with a $1.75 trillion valuation on June 12, but Morningstar analyst Nicholas Owens values the company at just $780 billion—55% below the ta…
Elon Musk's AI company xAI is asking a federal court to force four pseudonymous plaintiffs, including a minor, to reveal their real names or drop their class-action lawsuit over non-consensual deepfak…
Senator Bernie Sanders announced plans to introduce legislation requiring major AI companies like OpenAI, Anthropic, and xAI to transfer 50% of their stock into a federal sovereign wealth fund. The pr…
A UK Member of Parliament has filed a lawsuit against Elon Musk’s xAI over non-consensual sexual images generated by its Grok chatbot. The case is expected to become a landmark test under UK law, dete…
SpaceX plans to sell 555.6 million shares at $135 apiece in its initial public offering, targeting a $75 billion raise and a valuation of at least $1.8 trillion, according to people familiar with the …
SpaceX's planned initial public offering at $135 per share would value Elon Musk's net worth at $988 billion, leaving him $12 billion short of becoming the world's first trillionaire, according to the…
President Donald Trump signed an executive order on Tuesday requiring safety testing for frontier AI models before their public release, reversing his earlier decision to cancel the measure over conce…
XAI, Elon Musk's artificial intelligence company, has paused hiring for specialist tutors intended to train its Grok chatbot. The hiring freeze follows the layoff of at least 500 generalist AI tutors …
Tennessee Governor Bill Lee signed a new law requiring data centers consuming over 50 megawatts of power to fund their own grid infrastructure upgrades, preventing utilities from spreading those costs…
Space datacenters could become economically viable by the late 2030s, according to a new analysis of orbital compute costs. SpaceX has stated plans to launch 100 gigawatts of compute to space annually…