Elon Musk's plans for orbital data centers may never make money, SpaceX admits

SpaceX is admitting that the idea of data centers in space is far from the "no brainer" its CEO has said. In fact, it's an ...

Elon Musk's SpaceX Strikes Deal for the Right to Buy AI Coding Startup Cursor for $60 Billion

Elon Musk's SpaceX said it secured the right to buy AI coding startup Cursor for $60 billion, or pay Cursor $10 billion for ...
The Information

SpaceX Gives Musk Incentive to Hit $6.6 Trillion in Market Cap

Elon Musk increased his stake in SpaceX last year by purchasing $1.4 billion of stock from current and former employees, part ...

At SpaceX, AI is burning the cash that Starlink earns

By Aditya Soni and Sayantani Ghosh April 24 (Reuters) - Elon Musk is touting SpaceX as humanity's ticket to Mars. But the ...

Musk v. Altman heads to court next week. Here's what's at stake

The high-profile trial between Elon Musk and Sam Altman is scheduled to begin Monday with jury selection. In his $134 billion ...

Inside the xAI exodus: Meet the dozens of people who have left Elon Musk’s AI company

Every xAI cofounder, other than Elon Musk, has now exited the company. Dozens of people who served on xAI’s engineering and ...

Elon Musk's SpaceX refinances debt with $20 billion bridge loan ahead of record-breaking summer IPO: Report

Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its planned ...

Elizabeth Warren Accuses Trump Of Letting Elon Musk's SpaceX Off The Hook For Illegally Firing Workers: 'I'm Pressing For Answers'

Sen. Elizabeth Warren (D-Mass.) said Monday she will keep pressing the National Labor Relations Board for answers after it dropped charges against Elon Musk's SpaceX over the firing of engineers who ...