Key Takeaways SpaceXAI and Cursor plan to ship their first joint AI model as soon as Wednesday, per a staff memo. The model was trained on SpaceX’s Colossus cluster, scaling to roughly 1 million H100-equivalent […]
Key Takeaways Elon Musk said space is the only way to scale AI as SpaceX targets 1 GW of orbital compute by 2027. SpaceX’s AI1 satellite spans 70 meters and carries up to 150 kW […]
Key Takeaways Elon Musk proposed direct Treasury payments instead of AI equity stakes on June 20, 2026. VT Senator Bernie Sanders’ bill seeks a 50% stock tax on major AI firms to fund a sovereign […]
Key Takeaways SpaceX stock jumped about 20% on day two, lifting Musk’s net worth roughly $165 billion to near $1.3 trillion. SpaceX briefly topped a $3 trillion indicated valuation after a $135-per-share IPO, the largest […]
Key Takeaways SpaceX gained 8.06% Monday by 11:45 a.m. Eastern time, as SPCX volume topped 106.6 million shares. SPCX’s $2.28T value shows risk appetite that could affect bitcoin traders. SpaceX’s first earnings report may test […]
Key Takeaways Elon Musk projected SpaceX could reach about $1 trillion in revenue by 2030, versus Morgan Stanley’s $330 billion estimate. SpaceX raised roughly $75 billion at a $1.75 trillion valuation in its June 12 […]
Key Takeaways SpaceX brought a major bitcoin treasury to public markets through its historic IPO. The company’s 18,712 BTC position highlights growing institutional confidence in bitcoin. Rising corporate adoption could strengthen bitcoin’s role in long-term […]
For Elon Musk’s company, it’s a rounding error against a valuation of over $1.8 trillion: small enough that the stock will never trade on it, yet large enough to normalize the asset in a way […]
Key Takeaways Strategy’s Michael Saylor said 25% of the Mag8 now holds bitcoin on corporate balance sheets. SpaceX and Tesla remain among the largest companies holding BTC on balance sheets. Corporate bitcoin treasury strategies continue […]
SpaceX has priced its shares at $135, according to a filing with the U.S. Securities and Exchange Commission on Thursday, setting the stage for one of the most closely watched public market debuts in recent […]
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