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…
Vertu has launched a $6,880 AI phone that wraps existing AI ecosystems in a luxury concierge experience, targeting wealthy users who value time over technical tinkering. The device signals a new "AI L…
SpaceX is pursuing a deal with the U.S. Department of Defense to provide AI compute capabilities integrated into its satellite constellations and ground stations, enabling low-latency edge computing f…
SpaceX is pursuing a multi-billion dollar AI deal that would integrate massive compute clusters into its operations, signaling a strategic shift toward treating AI compute as a core resource alongside…
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…
Elon Musk's xAI data center in Memphis is emitting illegal levels of pollutants linked to health issues in Black neighborhoods, prompting a civil rights lawsuit. Musk's SpaceX is now offering discount…
OpenAI CEO Sam Altman proposed donating 5% of the company's equity to a U.S. sovereign wealth fund to secure good relations with the administration and address political blowback, according to the Fin…
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…
IEEE Spectrum reports that orbital data centers remain economically and technically impractical despite Elon Musk's predictions, citing massive scaling challenges in launch capacity, satellite manufac…
SpaceX reportedly showed investors an early prototype of a slim AI device running a proprietary operating system and integrating xAI technology, according to the Wall Street Journal. Elon Musk denied …
Researchers discovered two sandbox bypass vulnerabilities in Cursor IDE that allow remote code execution via prompt injection. Tracked as CVE-2026-50548 and CVE-2026-50549, the flaws let attackers bre…
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 analyst Dan Ives initiated coverage of SpaceX with an Outperform rating and $190 price target, citing the company's three-way bet on launch, connectivity, and artificial intelligence. Ives hig…
The US IPO market posted its biggest quarter ever in Q2 2026, raising $104.8 billion across 48 offerings, led by SpaceX's $75 billion IPO. The quarter saw no crypto or blockchain listings, with AI and…
Meta is developing a cloud infrastructure business to sell excess AI compute capacity and models, competing with AWS, Google Cloud, and Microsoft Azure. The move follows SpaceX's similar deal with Ant…
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…
SpaceX is offering Memphis residents a 50% discount on Starlink internet service amid backlash over its Colossus AI data center's energy use and emissions. The promotion, which includes waived hardwar…