The Trump administration ordered AI company Anthropic to suspend foreign nationals from using its most advanced AI models, Claude Fable 5 and Mythos 5, citing national security concerns. Anthropic com…
SpaceX's stock surged 19.2% in its market debut, giving the company a $2.1 trillion valuation that could soon land it in major stock indexes like the Nasdaq 100. Because index funds dominate 401(k) ac…
SpaceX disclosed a $920 million monthly AI compute contract with Google ahead of its record IPO, signaling the company now controls more of AI's physical infrastructure than most competitors. The deal…
SpaceX confidentially filed for an IPO with the SEC on April 1, 2026, raising $75 billion and valuing the company at roughly $1.77 trillion. The filing revealed 18,712 BTC on SpaceX's balance sheet, m…
SpaceX's valuation hinges on Elon Musk's unmatched data center construction capabilities, the cost differences between terrestrial and space facilities, and energy storage innovation, according to mac…
Elon Musk has become the world's first trillionaire after SpaceX's blockbuster initial public offering, boosting his net worth to over $1 trillion. The 54-year-old owns a 38% stake in SpaceX, valued a…
Melinda French Gates advised new IPO millionaires and billionaires from SpaceX, OpenAI, and Anthropic to give away at least half their wealth, citing her own Giving Pledge and philanthropic work. She …
AI leaders including OpenAI CEO Sam Altman and Microsoft AI CEO Mustafa Suleyman are softening their predictions about AI's impact on white-collar jobs, acknowledging earlier forecasts of widespread j…
Investor anxiety is mounting over a potential AI stock bubble, with tech companies like OpenAI, Meta, and SpaceX seeking massive capital raises before a possible bust. The AI boom, reminiscent of the …
SpaceX's IPO on June 12 became the largest in U.S. history, with shares closing at $160, a 19% jump, and a market cap of $2.2 trillion. Elon Musk has repositioned SpaceX as an AI-centric company after…
SpaceX shares surged 19% in their Nasdaq debut on Friday, pushing the company's valuation past $2 trillion and making it the sixth-largest U.S. company. The record-setting $75 billion IPO turned Elon …
SpaceX's pivot to AI, driven by Elon Musk's acquisition of X.ai and cloud deals with Anthropic and Google, has transformed its market identity from a space company to a data center business, boosting …
SpaceX's IPO on Friday made Elon Musk a trillionaire and created millions for former employees, while retail investors like Daniella Rodriguez earned modest profits. The offering raised $75 billion an…
SpaceX went public on the Nasdaq at $135 per share, closing at $160.95, valuing the company at nearly $1.8 trillion and making Elon Musk the world's first trillionaire on paper. The company's valuatio…
SpaceX and Nvidia are deepening their nearly decade-long partnership as SpaceX prepares for a $75 billion IPO, with Nvidia providing space-specific computing platforms for AI-driven rocket design and …
SpaceX's IPO is delivering massive returns to a select group of venture capital firms, including Founders Fund, Andreessen Horowitz, Sequoia, Valor Equity Partners, and DFJ Growth, which invested earl…
The AI industry is increasingly entangled in a web of circular deals where companies like Nvidia, Microsoft, and Anthropic invest in each other while also buying and selling AI chips and cloud service…
Robinhood experienced outages and intermittent issues on Friday as SpaceX shares began trading publicly, with users reporting crashes and latency amid record-breaking traffic. The brokerage confirmed …
SpaceX rented its Colossus 1 data centre to Anthropic after latency issues, aging network infrastructure, and a mix of Nvidia chip generations prevented the facility from effectively training its Grok…
Elon Musk, who became the world’s first trillionaire after SpaceX’s IPO, told entrepreneur Peter Diamandis that money “will stop being relevant” in a future where AI and robots produce goods and servi…