SpaceX shares fell as much as 4.7% on Wednesday, snapping a three-day rally that had pushed the stock nearly 50% above its $135 IPO price. The decline threatens to drop the company below Amazon in mar…
SpaceX, founded by Elon Musk, surpassed Amazon in market capitalization to become the world's fifth most valuable company after its stock rose 13% on its Nasdaq debut. The surge followed news of Space…
ASML CEO Christophe Fouquet warned that surging AI demand will keep the semiconductor market supply-limited for years, with Elon Musk's $119 billion TeraFab factory in Texas adding further pressure on…
SpaceX shares fell below $200 on Wednesday, dropping to the high $180s after peaking at $222 on Tuesday following its IPO. The decline reignites concerns about overvaluation, as the company burns bill…
Amazon founder Jeff Bezos predicted at the VivaTech conference in Paris that artificial intelligence will create labor shortages rather than replace humans, arguing that AI will lower barriers to huma…
A new open-source simulator called Cosmicgpt models how space radiation, including cosmic-ray bit flips and other faults, affects GPT inference on satellites. The tool injects single-event effects int…
Jeff Bezos said orbital data centers are 'very realistic' but face economic hurdles, not scientific ones, in a May 20 CNBC interview. Blue Origin filed FCC applications in March 2026 for Project Sunri…
OpenAI's leaked 2025 financials show revenue of $13.07 billion but total costs of $34 billion and operating losses of $20.92 billion, raising questions about its path to profitability ahead of a poten…
Elon Musk admitted SpaceX trails rivals like OpenAI and Google in AI, and plans to use its $86 billion IPO haul—including a $60 billion acquisition of AI coding tool maker Anysphere—to catch up. The a…
Anthropic faces responsibility for the Fable jailbreak problem, while SpaceX acquires Cursor, an AI startup. The developments highlight ongoing challenges in AI safety and consolidation in the AI star…
President Trump's unpublished memorandum of understanding with Iran faces widespread criticism for granting Tehran key concessions, including a U.S. military withdrawal, control of the Strait of Hormu…
SpaceX has agreed to acquire Anysphere, the company behind AI coding agent Cursor, in a $60 billion all-stock deal expected to close in Q3 2026, subject to regulatory approvals. The acquisition follow…
Two asset managers filed with the SEC to launch exchange-traded funds tied to the social-media-driven "MANGOS" AI-stock theme, which includes Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. Yorkv…
China expanded its export controls beyond rare earths to additional strategic materials and technologies, targeting US advanced manufacturing, defense, and technology sectors. The new licensing requir…
SpaceX has acquired Anysphere, the maker of the AI coding agent Cursor, to build a proprietary AI coding agent model. The deal signals a shift toward vertical integration in developer tools, with plan…
Baillie Gifford is poised to more than triple its investment in Anthropic when the AI company goes public this summer, just months after netting a £3.6bn gain from SpaceX's IPO. The Scottish investmen…
Dozens of large, off-grid natural gas power plants are being rapidly approved across the United States to fuel the AI industry's data center boom, often with little public scrutiny or environmental re…
A Hacker News user asks how likely it is that SpaceX buys OpenAI, suggesting the idea could inflate SpaceX's stock and provide an exit for OpenAI. Another user dismisses the possibility as zero given …
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal, minting four MIT classmates in their mid-20s as multibillionaires. Each co-founder owns about 9% of Cursor, wort…
SpaceX agreed to acquire AI coding startup Cursor for $60 billion in stock on June 16, 2026, raising concerns about using the same AI stack for both code generation and review. Industry data shows a 1…