Residents of Grimes County, Texas, are protesting SpaceX's proposed $55 billion Terafab semiconductor facility, citing concerns over its size, environmental impact, and lack of transparency. The Grime…
Unicorn valuations have surged 70% since September 2024, driven by a fivefold increase in AI funding per unicorn compared to 2021, according to Coatue co-founder Thomas Laffont. Laffont also stated th…
Databricks CEO Ali Ghodsi told Bloomberg Television the data and AI company will not pursue an initial public offering in 2026, citing a crowded calendar of mega-offerings from SpaceX, Anthropic, and …
SpaceX and Anthropic are preparing to go public at valuations of $1.77 trillion and nearly $1 trillion respectively, prompting major index providers like Nasdaq and FTSE Russell to shorten or eliminat…
Elon Musk began SpaceX's IPO roadshow on June 4, 2026, seeking up to $86 billion in proceeds at a proposed valuation of $1.78 trillion. The offering represents a critical test of investor appetite for…
Goldman Sachs projected SpaceX's artificial intelligence revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, forming the basis for a proposed $1.78 trillion valuation for the company…
SpaceX launched its IPO roadshow Thursday with a 17-minute video pitch to retail investors, featuring CFO Bret Johnsen connecting the company's rocket, satellite, and AI businesses. The Elon Musk-led …
Databricks CEO Ali Ghodsi said 2026 is "a terrible year to go public" as SpaceX, Anthropic, and OpenAI prepare to absorb over $200 billion in IPO capital. The $134 billion data company will wait for a…
Data center operators are facing growing public opposition over water consumption, with a recent Gallup poll showing seven out of 10 Americans oppose data center development due to water scarcity conc…
SpaceX set a proposed IPO price of $135 per share, valuing the company at $1.7 trillion on a fully diluted basis, according to Renaissance Capital. The space launch and AI company plans to make up to …
SpaceX’s xAI purchased an additional $269 million worth of Tesla Megapack products in April 2026 alone, according to an amended S-1 IPO filing published yesterday. That single month’s spending exceede…
Anthropic, SpaceX-xAI, and OpenAI are racing toward public listings this year, with Anthropic filing a confidential S-1 and SpaceX targeting a valuation between $1.25 trillion and $1.75 trillion after…
Pope Francis released an encyclical on artificial intelligence titled *Magnifica Humanitas*, warning that the technology risks becoming a tool of exclusion and exploitation if driven solely by profit …
Three leading AI companies — Anthropic, SpaceX, and OpenAI — are racing to go public this year, with SpaceX’s IPO potentially becoming the largest in history and the combined value of all three offeri…
SpaceX's amended IPO filing includes language suggesting the company may issue equity for future transactions, signaling a potential merger with Tesla. The IPO also reserves 5% of shares—worth $3.75 b…
SpaceX amended its IPO filing on June 1 to include a provision reserving 5% of shares for friends and family without lockup restrictions, potentially allowing recipients to reap billions in immediate …
SpaceX publicly filed its S-1 prospectus with the SEC on May 20, targeting a $75 billion raise on the Nasdaq at a valuation between $1.75 trillion and $2 trillion, while Anthropic confidentially filed…
SpaceX secured a tax exemption for a $55 billion artificial intelligence chip manufacturing plant, despite local opposition. The deal grants the company significant financial incentives for the facili…
Grimes County, Texas, approved a 35-year full property tax exemption for SpaceX's planned $55 billion Terafab semiconductor facility in a 4-1 vote, despite local opposition over environmental and fisc…
Anthropic has selected Morgan Stanley and Goldman Sachs to lead its initial public offering, with JPMorgan Chase also on the deal, Bloomberg reported Monday, citing people familiar with the matter. Th…