Earlier this month, it seemed that all but two of the 11 co-founders of Elon Musk’s AI startup xAI had quit. left the company. Now, according to Business Insider, the two remaining co-founders, Manuel Croix and Ross Nordeen, have also departed. BI said on Wednesday that Croix had Told people he was leaving xAIthen reported…
China’s space program has hit a number of milestones lately. In 2025, China executed over 90 orbital launches, setting a new national record for orbital launches in a single year. In the last five years, China returned the first samples from the far side of the Moon, completed its own low-earth orbit space station and…
Elon Musk’s journey to becoming the world’s first trillionaire will likely be powered by rockets rather than cars, as SpaceX now accounts for nearly two-thirds of the Tesla CEO’s wealth. Musk became the first person ever to top the $800 billion mark this week, with his net worth now around $845 billion, according to Forbes….
Elon Musk has SpaceX and XAI mergerBlueprinting a new Silicon Valley power structure. With its $800 billion net worth already rivaling the peak market capitalization of historic conglomerate GE, and Musk being vocal about his view that “technological victories are decided by the velocity of innovation,” the question is not whether. personal group can be…
Voyager Technologies‘ CEO Dylan Taylor said two years would be an “aggressive” timeframe for space data centers and cooling remains a problem for the developing technology. While SpaceX has the heavy lift rockets to bring components to space, Taylor told CNBC’s Morgan Brennan that the lack of a cooling solution to transfer the heat remains…
SpaceX has filed a request The plan is to launch a constellation of 1 million solar-powered satellites in conjunction with the Federal Communications Commission, which it says will serve as data centers for artificial intelligence. The company’s filing presents a grand vision, not only describing these planned satellites as “the most efficient way to meet…
Self-Driving Truck Startup Waabi’s billion-dollar fundraise It’s not just about trucks. The deal, combined with a $750 million upfront deal from Uber plus $250 million tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like Uber has another chip on…
SpaceX and XAI, both companies led by Elon Musk, could merge ahead of the planned SpaceX IPO this year, according to a report From Reuters. It will bring together products like the Grok chatbot, the X platform, Starlink satellites and SpaceX rockets under one corporation. Company representatives have not publicly discussed this possibility. However, recent…
PayEx is reportedly lining up four major Wall Street banks for a 2026 IPO that could meet market needs. The company recently completed a tender offer at a valuation of $800 billion, and secondary market demand is skyrocketing. If SpaceX goes public anywhere near Rumors of $1.5 trillion valuationThis could trigger an IPO cascade for…
Elon Musk is eyeing a blockbuster SpaceX IPO sometime in June, according to financial Times. The billionaire reportedly wants the offer to coincide with both his birthday (June 28) and rare alignment of Mercury, Venus and Jupiter (occurring in early June). However, whenever it does happen, SpaceX’s IPO will likely be one of the largest…
