Corgi, a thematic ETF issuer, filed for a MANGOS ETF targeting AI leaders Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX, aiming to replace FAANG as Wall Street's favorite acronym. The fund would…
Microsoft is using Amazon Web Services to add computing capacity for GitHub after AI-driven demand caused dozens of outages in 2026. The move is notable because Microsoft and AWS are cloud rivals, but…
Seven tech giants, including Amazon, Google, Meta, Microsoft, OpenAI, Oracle, and xAI, signed a voluntary pledge at the White House on March 4, 2026, to fully fund the new electricity generation and g…
SpaceX agreed to acquire AI coding agent Cursor for $60 billion in stock, a deal first announced in April. Cursor added $1 billion in annualized revenue since the announcement, offsetting the acquisit…
SpaceX acquired AI coding startup Anysphere, maker of Cursor, for $60 billion in stock days after its blockbuster IPO, signaling that AI developer tools have become strategic infrastructure. The deal,…
A federal judge permanently dismissed xAI's trade secret lawsuit against OpenAI, ruling that xAI failed to show OpenAI induced a former engineer to divulge confidential information. The decision marks…
A senior analyst says 71% of SpaceX's $2 trillion valuation depends on AI, calling xAI's growth projections 'almost comical.' The analyst notes that only 1.6% of Grok's users pay for the premium tier,…
Nvidia plans to raise over $25 billion in its first bond deal since 2021, upsized from $20 billion due to strong demand, with proceeds for general corporate purposes including debt refinancing. The of…
Elon Musk became the world's first trillionaire after SpaceX's historic IPO debut. A stack of $1 trillion would reach 67,000 miles high, weigh 2.2 billion pounds, and generate $82.2 million per day in…
SpaceX shares surged 16% on Monday, pushing its valuation near $2.4 trillion as the stock closes in on Amazon's market value. The rally follows SpaceX's record Nasdaq debut on Friday, with shares trad…
Former xAI engineer Devin Kim filed a lawsuit in California state court alleging he was wrongfully fired in September 2025 for repeatedly raising safety concerns about the chatbot Grok. The complaint …
SpaceX shares surged up to 8.7% in their second day of trading, boosting the company's market value to over $2.2 trillion following a record $86.2 billion IPO. The strong debut eased concerns about la…
SpaceX raised $85.7 billion in its initial public offering after underwriters exercised the greenshoe overallotment option, increasing the total from the initial $75 billion raised on Thursday. The hi…
Ventuals, a Hyperliquid-based perpetuals platform offering synthetic exposure to private companies like OpenAI and SpaceX, announced it will shut down, settling and halting all HIP-3 markets. vHYPE to…
XAI is developing an Automations feature for Grok that will replace the standalone Tasks system, adding skill selection and model choice controls. The move aims to transform Grok into a configurable p…
SpaceX went public on Friday with a target valuation above $1.75 trillion, enriching Elon Musk, but communities near xAI data centers in Memphis are demanding accountability for pollution from natural…
SpaceX's IPO closed up 19%, pushing its valuation above $2 trillion in a historic debut, but the windfall is concentrated among top-tier VCs and asset managers, highlighting a bifurcated venture marke…
SpaceX's record $75 billion IPO left customers of crypto exchanges like Bybit and Binance with reduced or no allocations of tokenized SpaceX stock, due to limited shares for retail investors. The shor…
Peel Hunt CEO Steven Fine said SpaceX's record $75bn IPO could reignite British retail investor interest in equity markets, citing high demand for shares allocated to UK investors and upcoming floats …
SpaceX's IPO drove its shares sharply higher, making Elon Musk the first person with a net worth exceeding $1 trillion, with Reuters reporting $1.1 trillion and BBC reporting $1.11 trillion. The listi…