Reflection AI will pay $150 million a month beginning July 1, 2026 through 2029 for immediate access to Nvidia’s latest GB300 AI chips and supporting hardware across SpaceX’s Colossus 2 data center near Memphis, Tennessee.
Fresh from a record IPO that helped make Elon Musk a trillionaire, SpaceX is raising at least $20bn in its debut bond sale to bankroll a vast AI build-out. SpaceX is about to do something none of Elon Musk’s companies has done before. It is borrowing m…
SpaceX shares looked poised to fall again as US markets reopened after the long weekend, extending a slide that has already erased much of the euphoria from the largest stock-market debut in history. The stock closed last week around $185, down roughly…
Just as last week was ending, the US government forced Anthropic to pull its two newest models, Fable 5 and Mythos 5, citing national security concerns after Amazon researchers allegedly found a way to bypass Fable 5’s guardrails.&…
For two days, SpaceX was one of the five most valuable companies on Earth. On Thursday, the market began to reconsider. Shares in Elon Musk’s rocket-and-satellite company fell more than 6%, last trading down 6.5% at $178.50, as the frenzy that followed…
The former Sequoia Capital leader is filling an “existing vacancy” on SpaceX’s board, days after the company went public in the largest IPO ever.
The US Department of Justice has asked a federal court to throw out a Clean Air Act lawsuit against Elon Musk’s xAI, arguing that the company’s unpermitted gas turbines near Memphis are a matter of “national, economic, and energy security.”
The move pu…
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.
SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday.
SpaceX has made it official. In a filing on Tuesday, Elon Musk’s newly public rocket company said it had signed a binding agreement to buy Anysphere, the startup behind the popular AI coding tool Cursor, in an all-stock deal that values the company at …