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The SpaceX initial public offering (IPO), set for June 12, on Nasdaq (SPCX) is expected to be the largest single listing in history. The company is targeting a $75 billion raise at a valuation of $1.75-2 trillion. SpaceX is seeking a large liquidity influx to fund its Orbital Data Centre (ODC) initiative and terrestrial expansion…
Read More “SpaceX IPO is really Elon Musk’s gamble to save his empire” »
SpaceX’s Starship 39 rocket launches from Starbase during the 12th test flight as seen from South Padre Island, Texas, on May 22, 2026. | Photo Credit: AFP SpaceX launched its biggest, most powerful Starship yet on a test flight Friday (May 22, 2026), an upgraded version that NASA is counting on to land astronauts on…
Read More “SpaceX launches its biggest, most beefed-up Starship yet on test flight” »
In 2015, a small group of researchers and technology entrepreneurs gathered in San Francisco to create what they described as a gift to humanity, eventually to turn into enemies defining the future of artificial intelligence (AI) in a courtroom. Elon Musk loses blockbuster OpenAI suit as jury says too late OpenAI was founded on the…
Washington and Beijing have been at loggerheads over key issues ranging from trade tariffs to the Iran war to Taiwan [File] | Photo Credit: AP Top U.S. executives, including Tesla’s Elon Musk and Apple’s Tim Cook, will accompany U.S. President Donald Trump on his visit to China this week, a White House official said Monday….
Read More “Elon Musk, Apple’s Tim Cook to head to China with Trump, per White House” »
SpaceX founder Elon Musk. File | Photo Credit: Reuters SpaceX is telling prospective investors its board will not need a majority of directors who are independent of the company, according to an excerpt of its IPO filing reviewed by Reuters, underscoring how founder Elon Musk is retaining control of the rocket and artificial intelligence maker….
Read More “SpaceX IPO filing shows Elon Musk can retain board control” »
SpaceX, xAI and the Pentagon’s defense innovation unit did not immediately respond to requests for comment. | Photo Credit: REUTERS Elon Musk’s SpaceX and its wholly-owned subsidiary xAI are competing in a secret new Pentagon contest to produce voice-controlled, autonomous drone swarming technology, Bloomberg News reported on Monday, citing people familiar with the matter. SpaceX,…
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A file image of Elon Musk with a logo of SpaceX. | Photo Credit: Reuters SpaceX is putting its longstanding focus of sending humans to Mars on the back burner to prioritise establishing a settlement on the Moon, founder Elon Musk said Sunday (February 8, 2026). The South Africa-born billionaire’s space company has found massive…
Read More “Elon Musk says that SpaceX has shifted focus from Mars to Moon” »
A file image of Elon Musk with a logo of SpaceX. | Photo Credit: Reuters SpaceX is putting its longstanding focus of sending humans to Mars on the back burner to prioritise establishing a settlement on the Moon, founder Elon Musk said Sunday (February 8, 2026). The South Africa-born billionaire’s space company has found massive…
Read More “SpaceX shifts focus from Mars to Moon, Musk says” »
Ever heard of a social media platform where humans are merely observers? This is what Moltbook, a Reddit-style social network exclusively for AI agents, is all about. Andrej Karpathy, former director of AI at Tesla, said things currently going on at the platform are “genuinely the most incredible sci-fi takeoff-adjacent thing” he has witnessed in…
Read More “Why Former Tesla AI Chief Is Obsessed With This ‘Terrifying’ AI-Only Network” »
The rivalry between Elon Musk and Mark Zuckerberg has returned to the spotlight following reports about WhatsApp being under investigation in the US. Musk’s latest post, a meme targeting the Facebook founder, was shared across social media platforms. “Reminds me of this classic meme. Use X Chat instead of WhatsApp! There will never be ‘hooks…
Read More “Elon Musk Takes A Dig At Mark Zuckerberg’s WhatsApp” »