SpaceX

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SpaceX rented Colossus 1 to Anthropic because it couldn’t make the data centre work for Grok

SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect the Memphis site to two other data centre campuses located more than 10 […]

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A trillion dollars is a stupid amount of money

Elon Musk is now officially the world’s first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale – a thousand times more than a billion – is difficult to fathom for those of us who aren’t among the 3,363 billionaires that currently exist in our […]

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SpaceX rings the bell on its Nasdaq debut, and Musk admits he gave it ‘less than a 10% chance’

SpaceX rang the Nasdaq opening bell on Friday, marking its Nasdaq debut as a public company with the largest IPO on record. It did so in typical fashion. Hours earlier, a Falcon 9 rocket had launched a batch of Starlink satellites into orbit. “What other company would do something like that on the day it […]

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A SpaceX-Tesla merger was a fantasy. The IPO just made it look plausible.

A SpaceX-Tesla merger has moved from rumour toward roadmap. On the day SpaceX began trading, the people around Elon Musk stopped waving the idea away. SpaceX President Gwynne Shotwell did the floating. Asked about merger chatter by CNBC, she said a tie-up “might make Elon’s life a little easier.” She added that “there are synergies […]

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A SpaceX-Tesla merger was a fantasy. The IPO just made it look plausible. Read More »

Founders Fund put $600M into SpaceX. The IPO just turned it into $50bn.

Founders Fund’s SpaceX bet has become one of the great venture trades. Peter Thiel’s firm put around $600m into the rocket company. At the IPO price, that stake is worth more than $50bn. That is roughly an 80-fold return. Few venture bets have ever paid out on this scale. The figure comes from Bloomberg. Founders […]

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Founders Fund put $600M into SpaceX. The IPO just turned it into $50bn. Read More »

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