Elon Musk
Musk says SpaceX report of 2026 IPO is ‘accurate’
The Axiom-4 mission, with a SpaceX Dragon spacecraft and Falcon 9 rocket, lifts off from Launch Complex 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, on June 25, 2025. Giorgio Viera | AFP | Getty Images Elon Musk responded to the latest report that SpaceX is going public in 2026, calling it “accurate.” […]
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‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up
The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched […]
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Former GitLab CEO raises money for Kilo to compete in crowded AI coding market
Investors are betting there’s room for another startup using artificial intelligence to help software engineers write code faster. The difference with Kilo Code is it counts former GitLab CEO Sid Sijbrandij among its founders. On Wednesday, Kilo Code announced $8 million in seed funding, with backing from Breakers, Cota Capital, General Catalyst, Quiet Capital and […]
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Musk denies $800 billion SpaceX valuation reports
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate. “SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year […]
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SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports
Elon Musk’s SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk’s aerospace and […]
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OpenAI is under pressure as Google, Anthropic gain ground
Sam Altman is feeling the pressure. The OpenAI CEO sent a memo to his staffers on Monday outlining a “code red” effort to improve its chatbot ChatGPT, according to multiple reports. Altman said OpenAI will be pulling back on investments in areas like health, shopping and advertising as it works to prioritize ChatGPT, the reports […]
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Elon Musk lists his three most important ingredients for AI
Elon Musk, chief executive officer of Tesla Inc., during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC, US, on Wednesday, Nov. 19, 2025. Bloomberg | Bloomberg | Getty Images Elon Musk has again sounded the alarm on the dangers of AI and listed what he considers as the three most important ingredients […]
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Musk’s xAI to close $15 billion funding round in December: sources
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk’s artificial intelligence startup xAI is expected to close a $15 billion round at a $230 billion pre-money valuation next month, sources familiar with the matter told CNBC’s David Faber. The deadline for allocation is the […]
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Tesla fans told by Dutch safety regulator to stop pressuring agency on ‘FSD Supervised’
A Tesla logo outside the company’s Tilburg Factory and Delivery Center. Karol Serewis | Getty Images Tesla is trying to get its “FSD Supervised” technology approved for use in the Netherlands. But Dutch regulators are telling Tesla fans to stop pressuring safety authority RDW on the matter, and that their efforts will have “no influence” […]
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