SpaceX Wins $1.6 Billion Space Force Launch Contract
The U.S. Space Force has awarded SpaceX a $1.6 billion contract covering 18 Falcon 9 missions to deploy sensing and targeting satellites by 2027, according to Reuters, the latest in…
Tesla and SpaceX Merger Talk Returns, With a China Twist
Reports that Tesla Inc. was weighing a spinoff of its China business to clear the way for a merger with SpaceX pushed the company’s shares around this week, until Elon…
EU AI Act Takes Effect as Chatbots Must Declare Themselves
From Sunday, chatbots operating in the European Union must tell users they are machines. The European Commission announced Thursday that it and member states will begin enforcing the AI Act…
Musk Attacks Anthropic’s Book-Scanning Method
Elon Musk does not like the way Anthropic treats a book. In a series of posts on X this week, the Tesla and SpaceX chief executive attacked the AI company’s…
Tesla’s July Is the Worst in the Magnificent Seven
Tesla shares fell more in July than any of its Magnificent Seven peers, capping a month in which investors punished the company for a gap between its AI story and…
Starship Lands in One Piece, and the FAA Moves to Speed Up Launches
The video SpaceX released Wednesday shows the ship doing something no Starship had done before: settling into the ocean and floating. The clip, shot from a drone above the Indian…
Apple Retakes Global Value Crown From NVIDIA, Adds Device Rental Plan
The title of world’s most valuable company changed hands on July 28 without a product launch, an earnings report or a single keynote. Apple’s market capitalization moved past NVIDIA’s during…
Microsoft Unveils Cyber-Security AI Model as Nadella Warns on Single-Vendor Bets
Microsoft released its first dedicated cyber-security AI model on July 28, entering a corner of the AI market that has been dominated by startups and defense contractors. The model, called…
SpaceX Shares Halve From IPO High as Cursor Deal Draws Investor Doubt
SpaceX’s stock has fallen about 50% from its post-IPO peak, wiping out roughly $1.2 trillion in market value, as investors question the company’s $60 billion acquisition of the AI coding…
Lyft and Baidu Apollo Launch Robotaxi Trial in London
London became the newest front in the global robotaxi race on July 28, when Lyft and Baidu’s Apollo unit began a public trial of driverless ride-hailing in the city. The…
