Elon Musk is reportedly floating the idea of merging Tesla (TSLA) and SpaceX, just weeks before SpaceX’s massive IPO on the Nasdaq. If it happens, this would literally be the fourth time Musk has orchestrated a billion-dollar transaction between compan…
SpaceX’s recent IPO and Starship rocket test flight delivered two big data points that offer a realistic vision for the coming years — and one that may disappoint both the company’s boosters and its critics.
Elon Musk spent years telling the world that solar power was the obvious answer to Earth’s energy needs — that a small patch of desert could power the entire United States. Now, he’s burning millions of tons of fossil fuels to run an AI chatbot that ha…
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Elon Muks’s xAI has gone all in on natural gas, while SpaceX is obsessed with orbital data centers. What happened to the “solar-electric economy” he promised?
The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay packa…
Elon Musk has the largest stake in SpaceX by billions of shares. The other biggest shareholders also have longstanding and deep ties to Musk.
Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech founders enjoy.
Today I’m talking with Liz Lopatto, who spent the last month covering the Musk v. Altman trial in all its chaos. You’ll hear her describe the courthouse as a “zoo” and explain that there were protests of one kind or another happening outside every day. Both Elon Musk and Sam Altman are big personalities, and […]
Earlier this month, SpaceX and Anthropic announced a new compute partnership that provides access to the rocket company’s Colossus data centers in Memphis, TN. Now, with the release of SpaceX’s IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk’s company. In its S-1 filing, SpaceX said […]