Elon Musk

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Elon Musk merges SpaceX with xAI (and X)

Elon Musk is merging two of the companies that he leads, SpaceX and xAI (which also owns X), into one. According to an announcement from Musk: SpaceX has acquired xAI to form the most ambitious, vertically-integrated innovation engine on (and off) Earth, with AI, rockets, space-based internet, direct-to-mobile device communications and the world’s foremost real-time […]

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Will Elon Musk’s emails with Jeffrey Epstein derail his very important year?

Last week, the Department of Justice released a trove of documents related to its case against Jeffrey Epstein, its largest to date. Amid the millions of files were many mentions of Elon Musk. A search of Musk’s name in the department’s database results in at least 1,500 hits. Since the release, Musk has been – […]

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The Epstein files

The Department of Justice has released more of its records on self-described “science philanthropist” and convicted sex offender Jeffrey Epstein. Other than Epstein, they’ve also brought an intense focus on the many powerful people who associated and corresponded with him, including Bill Gates, Elon Musk, Google co-founder Sergey Brin, and President Donald Trump. There’s also […]

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SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers

SpaceX has filed a request with the Federal Communications Commission to launch a constellation of up to 1 million solar-powered satellites that it said will serve as data centers for artificial intelligence. The company’s filing lays out a grandiose vision, not just describing these planned satellites as “the most efficient way to meet the accelerating […]

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SpaceX wants to put 1 million solar-powered data centers into orbit

SpaceX filed a request with the FCC on Friday seeking approval to put a constellation of 1 million data center satellites into orbit. While the FCC is unlikely to approve a network that expansive, SpaceX’s strategy has been to request approval for unrealistically large numbers of satellites as a starting point for negotiations. The filing […]

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SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime

To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.

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Tesla throws in the towel on car sales

Is Tesla still a car company? It’s a question we’ve been asking ourselves more frequently over the past year, especially as the company’s car business shrinks and Elon Musk continues to push the message that Tesla should be seen more as an AI and robotics leader and less so as a mere seller of four-wheeled […]

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