SpaceX's historic IPO raised $75 billion, achieving a $2.1 trillion market cap, as Elon Musk merges xAI with SpaceX to build orbital AI data centers, aiming to solve terrestrial energy and cooling con…
Coinbase CEO Brian Armstrong criticized Earth's regulatory environment, arguing that orbital datacenters are becoming more efficient than land-based facilities due to bureaucratic red tape. Armstrong'…
SpaceX went public on June 12, 2026, in the largest IPO in history, raising up to $86 billion and achieving a valuation between $1.75 trillion and $2 trillion. Four days later, the company spent $60 b…
SpaceX agreed to acquire Anysphere, the company behind Cursor, for $60 billion in stock on June 16, days after its Nasdaq IPO, marking the largest acquisition in AI developer tooling history. The deal…
SpaceX stock surged nearly 60% above its IPO price following last week's record-breaking public offering, giving the company a market capitalization of over $2.6 trillion. Despite $18.7 billion in 202…
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…
SpaceX went public on June 12, 2026, with a valuation of up to $2 trillion, raising approximately $75 billion. Sequoia Capital partner Shaun Maguire discussed the company's plans for orbital data cent…
SpaceX acquired AI coding startup Anysphere, the company behind Cursor, for $60 billion in stock to help its xAI division catch up with OpenAI and Anthropic in AI-assisted coding. The deal gives Curso…
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth most valuable company after its share price surged more than 50% following its Nasdaq listing. The boost came as SpaceX announced it…
Elon Musk's SpaceX IPO, which includes Starlink and xAI, has been approved by U.S. regulators, generating $75 billion for Musk despite widespread criticism that the valuation is inflated and the compa…
SpaceX has revealed plans to build orbital AI data centers using a constellation of up to one million satellites, as reported by Reuters on June 9. The initiative aims to move AI inference infrastruct…
Elon Musk claimed SpaceX could generate $1 trillion in annual revenue by 2030, two days after the company's record-breaking IPO valued it at over $2 trillion. The projection far exceeds underwriter es…
Australian billionaire Gina Rinehart invested over $1 billion in SpaceX through her mining company Hancock Prospecting, marking her largest non-mining bet. The investment, made after SpaceX's June 15 …
SpaceX raised $75 billion in its IPO on June 12, the largest in history, valuing the company near $2 trillion. The funds will support plans to deploy up to 1 million satellites for orbital AI data cen…
SpaceX's IPO closed up 19% at $161 per share, delivering the largest market debut in history with a valuation exceeding $2 trillion, driven partly by its AI arm through the xAI acquisition. The succes…
SpaceX, OpenAI, and Anthropic are set to go public in 2026, with combined IPOs expected to raise over $200 billion, creating record wealth concentration. SpaceX's June IPO raised $75 billion at a $1.7…
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'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 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 shares are poised to jump roughly 30% from their $135 offering price when trading begins Friday on the Nasdaq under the ticker SPCX, following Elon Musk’s company completing a record $75 billio…