South Korea's Hanmi Semiconductor announced Friday it plans to acquire 50 billion won ($32.9 million) in SpaceX shares ahead of the U.S. space company's stock market debut. The investment, representin…
SpaceX raised a record US$75 billion in its initial public offering on Thursday, making Elon Musk the world’s first trillionaire with a net worth exceeding US$1.1 trillion. The IPO highlights investor…
SpaceX, Elon Musk’s rocket and satellite internet company, priced its initial public offering at $135 per share, giving it a valuation of approximately $1.77 trillion and raising about $75 billion in …
Alphabet's Google is in talks with Samsung Electronics to manufacture a component of its next-generation AI tensor processing unit, codenamed Icefish, according to a report by The Information cited by…
Elon Musk will deliver a virtual keynote at ASML's Technology Conference on June 12, 2026, to pitch his $55 billion Terafab semiconductor megafactory project. The appearance comes as SpaceX prepares f…
A Canadian MP who helps shape artificial intelligence and auto policy owns stock in Palantir and Tesla, raising concerns about potential conflicts of interest even if the holdings do not violate ethic…
Tesla cofounder JB Straubel warned Monday that the U.S. electrical grid cannot handle the surging energy demands of artificial intelligence and data centers, as China races ahead in power generation. …
Chinese robotics firm Unitree is on track to ship its 10,000th humanoid robot in the coming weeks, tripling revenues year-over-year on 60% gross margins while pricing its flagship G1 humanoid at $27,3…
Staff at ASML, one of Europe’s most valuable chip machinery makers, are threatening to boycott an internal company conference after it invited Elon Musk to deliver a keynote address via video link. Em…
Employees of Dutch chip machine manufacturer ASML are threatening to boycott an internal event after Elon Musk was invited to speak via video link on Thursday. Workers cited concerns that Musk’s views…
Nvidia's market capitalization has fallen below $5 trillion, reversing its recent milestone as the first public company to surpass that threshold amid the global AI boom. The decline signals a potenti…
J.P. Morgan analyst Rajat Gupta upgraded Tesla from Underweight to Neutral on June 5, raising the price target from $145 to $475. The upgrade reflects a shift in valuation thesis, with Gupta projectin…
JPMorgan upgraded Tesla from Underweight to Neutral on June 5, raising its price target from $145 to $475, ending an eight-year bearish stance on the stock. The upgrade, led by new analyst Rajat Gupta…
Elon Musk will take SpaceX public next week at a valuation of $1.77 trillion, making him the world’s first trillionaire and triggering a wave of massive AI company IPOs. Anthropic and OpenAI are prepa…
Elon Musk will address ASML employees in a virtual fireside chat next Thursday to pitch SpaceX's Terafab semiconductor concept, according to internal communications seen by Business Insider. The event…
Elon Musk will take SpaceX public next week at a valuation of approximately $1.77 trillion, a move that positions him to become the world’s first trillionaire. The IPO is part of a broader push by Mus…
Chinese electric vehicle maker Xpeng is spending approximately $41 million per month, or nearly $500 million annually, on AI training for its autonomous driving systems. The company's head of autonomo…
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…
Meta has constructed six tent-like "rapid deployment structures" outside New Albany, Ohio, to house AI data centers, cutting construction time in half by borrowing tactics from Tesla and xAI. The 125,…
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…