Elon musk and the xAI logo. Vincent Feuray | Afp | Getty Images Elon Musk’s xAI, now owned by SpaceX, is facing a new legal challenge from environmental groups in Mississippi, where the company plans to build a massive, methane gas-burning power plant in the town of Southaven. Nonprofits including the NAACP, Young, Gifted &…
Tesla shares dropped more than 5% on Thursday after the company’s deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1…
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s SpaceX has confidentially filed for an IPO with the Securities and Exchange Commission, sources told CNBC’s David Faber, bringing Elon Musk’s rocket company one step closer to what’s expected to be a record public offering. Bloomberg was first…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused…
The Rebel-Quad is the second-generation product from Rebellions and is made up of four Rebel AI chips. Rebellions, a South Korean firm, is looking to rival companies like Nvidia in AI chips. Rebellions South Korean AI chip startup Rebellions said Monday it has raised $400 million as it looks to expand into the U.S. market…
A modified Tesla Model X drives in the tunnel entrance before an unveiling event for the Boring Co. Hawthorne test tunnel in Hawthorne, California, December 18, 2018. Robyn Beck | Pool | Reuters When Elon Musk’s Boring Company announced plans in July to build 20 miles of tunnels in Nashville to carry passengers to and from downtown…
SpaceX CEO Elon Musk during the World Economic Forum in Davos, Switzerland, Jan. 22, 2026. Bloomberg | Bloomberg | Getty Images Elon Musk’s legal team is demanding that a judge in the Delaware Court of Chancery, Kathaleen McCormick, recuse herself from two Tesla lawsuits, alleging she showed bias in supporting a LinkedIn post that was…
Harvey co-founders Winston Weinberg and Gabe Pereyra. Courtesy of Harvey With OpenAI and Anthropic soaring to a combined valuation of more than $1 trillion, some in the artificial intelligence industry fear that the two big model companies are sucking up so much of the value that there won’t be much left for other startups. Harvey…
Elon Musk arrives at federal court on March 4, 2026 in San Francisco, California. Josh Edelson | Getty Images A jury in California found that Elon Musk defrauded Twitter shareholders during the runup to his $44 billion acquisition of the social media company, according to a verdict issued on Friday. Total damages could reach up…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Elon Musk is in talks with the Securities and Exchange Commission to settle a lawsuit filed by the regulator…
