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.
Elon Musk's AI company xAI has officially rebranded to SpaceXAI following its acquisition by SpaceX in February, debuting a new logo and updated social media handle. The rebrand comes after SpaceX's r…
SpaceX officially absorbed xAI under the SpaceXAI brand in May 2026, completing the largest private merger in history valued at $1.25 trillion. The new SpaceXAI logo embeds xAI within SpaceX's identit…
Elon Musk's AI consolidation took a public branding step on Monday as the X account @xAI changed to @SpaceXAI, but the move left legal and operational questions unanswered. The rebranding follows Musk…
The Dow Jones Industrial Average rose 0.3% on Monday after President Donald Trump made bullish remarks about U.S. equities. Micron Technology gained amid a chip rebound, while SpaceX fell ahead of its…
President Donald Trump said he expects Elon Musk to donate SpaceX stock to Trump Accounts, the US government's savings program for children, despite a 'little dispute' over electric vehicle subsidies.…
SpaceX's IPO on June 12 became the highest-valued in history, raising over $75 billion and valuing the company at $2 trillion. The public offering, which includes Elon Musk's AI venture xAI, saw share…
Tesla capped employee AI spending at $200 per week starting July 6, according to an internal memo. The move follows an internal push to ramp up AI use, with Tesla launching a platform called Bottle Ro…
SpaceX's IPO last month raised $86 billion, but 95% of shares are locked in an unusually complex schedule with 15 release dates, designed to prevent a market flood. Experts call it one of the most com…
A federal lawsuit has been filed against Elon Musk's xAI over its Colossus supercomputer in Memphis, Tennessee, where residents of the predominantly Black Boxtown neighborhood report noise and air pol…
Commerce Secretary Howard Lutnick announced on Twitter/X that the Trump administration allowed Anthropic to release Claude Fable 5, highlighting that no other Trump administration officials use Truth …
SpaceX's $60 billion acquisition of AI coding startup Cursor raises questions about whether the platform will continue offering models from rival labs Anthropic and OpenAI. Cursor hopes to remain mode…
SpaceX showed investors a prototype of a new AI-integrated device, a handset slimmer than an iPhone running on a proprietary SpaceX operating system, to boost interest ahead of its IPO. The device, wh…
The Wall Street Journal reported that SpaceX demonstrated a handheld AI device to investors ahead of its IPO, but Elon Musk called the report 'utterly false'. The device was said to be slimmer than an…
SpaceX has shown investors a prototype of a sleek, iPhone-like AI device, according to The Wall Street Journal, though Elon Musk denied the report. The device would run on a proprietary OS and integra…
Wedbush Securities initiated stock coverage on SpaceX with a $190 price target and 'Outperform' rating, citing strengths in Starlink connectivity, Starship launches, and AI compute projects. Analyst D…
SpaceX founder Elon Musk claimed at Davos that orbital data centers will be the lowest-cost AI option within two to three years, and SpaceX filed an FCC application for up to 1 million satellites. How…
SpaceX is seeking a valuation of more than $1.7 trillion, exceeding the combined market cap of Meta and Berkshire Hathaway, despite generating less annual revenue than Macy's. The company's S-1 filing…
Brian Patrick, founder of Panodime, runs a daily social media series called AI Executive Insanity Series that highlights outlandish statements from AI executives, aiming to educate the public and advo…
Global billionaire wealth surged 13% in 2025, driven by the AI boom, creating nearly 400 new billionaires and pushing the total to 3,302, according to a UBS study. However, the UK suffered the largest…
A major backer of OpenAI and Anthropic has aligned with Elon Musk's xAI following its merger with SpaceX, signaling a strategic convergence of AI and aerospace. The partnership aims to advance agentic…