SpaceX’s Earnings Debut, and the $116 Billion Question
On Tuesday, SpaceX publishes the first earnings report of its life as a public company, and the numbers will land in a tense week. Morgan Stanley has kept its $300…
SpaceX’s Billion-Share Lockup Expiry
Roughly 1 billion SpaceX shares come out of lockup on August 6, according to Motley Fool and Yahoo Finance, in what will be the largest overhang since the company’s public…
Musk’s Trillion-Dollar Month, Reversed
In mid-June, Elon Musk became the first person on record to hold a fortune of $1 trillion. By the end of July, the title was gone. His net worth has…
Google Pulls AI Satellite Imagery After a Day
Google switched on a feature that let users generate AI-created satellite images inside Google Earth, and then switched it off 24 hours later. The company disabled the tool on July…
Nvidia Retakes the Top Spot From Apple
At the closing bell on July 31, Nvidia was again the world’s most valuable listed company, four days after Apple became the first company to finish a session above $5…
OpenAI’s $2,000 Answer to the Scaling Debate
The blog post went up quietly on August 1, with no launch event, no demo video, and no pricing page. In it, OpenAI said its next model, Astra, which has…
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…
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…
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’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…
