Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robo ...More

Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robotics. Recent discussions on a merger may provide Musk with greater voting control at Tesla. The current arrangement at SpaceX gives Musk significant voting rights without needing to achieve specified goals. Analysts suggest that Musk's plans may be adjusted post-merger to align with new market conditions. ...Less

SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with s ...More

SpaceX market value crash: SpaceX has lost more than $400 billion in market value since October 6, with shares falling below $2 trillion in valuation. The sell-off follows the expiration of a major share lockup and comes amid concerns over Intel’s weak forecast, Starlink scrutiny and potential regulatory hurdles for a reported SpaceX-Tesla merger. ...Less

Elon Musk is exploring a potential merger between Tesla and SpaceX amidst rising valuations and technolog ...More

Elon Musk is exploring a potential merger between Tesla and SpaceX amidst rising valuations and technological collaboration. Both companies aim to enhance their capabilities in AI and related technologies while managing significant capital expenditures. However, the merger raises concerns about shareholder control and scrutiny over company operations. Additionally, the merger could face political scrutiny from both Beijing and Washington due to data privacy issues. ...Less

The Elon Musk-led rocket maker is looking to build a hybrid satellite-terrestrial mobile network through ...More

The Elon Musk-led rocket maker is looking to build a hybrid satellite-terrestrial mobile network through Starlink Mobile to challenge US wireless giants AT&T, Verizon and T-Mobile, combining its satellite constellation with ground based infrastructure to compete directly in the telecom market. ...Less

The deal highlights SpaceX's heavy spending, as it tries to capitalize on surging demand for computing po ...More

The deal highlights SpaceX's heavy spending, as it tries to capitalize on surging demand for computing power to help bankroll its Moon and Mars ambitions. ...Less

Musk's post comes after Reuters reported earlier this month that SpaceX is in talks with banks and asset ...More

Musk's post comes after Reuters reported earlier this month that SpaceX is in talks with banks and asset managers to raise $40 billion for the purchase of Nvidia artificial intelligence chips. ...Less

Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to i ...More

Grok Bot usage limits: Elon Musk says the cost of running Grok Bot has become unsustainable relative to its revenue as users report hitting weekly usage limits faster. Despite 800,000 paid weekly users, questions remain about the service's costs, pricing and future limits. ...Less

Binance's significant security breach has led to a public dispute between Changpeng Zhao and Elon Musk. Z ...More

Binance's significant security breach has led to a public dispute between Changpeng Zhao and Elon Musk. Zhao is seeking Musk's support while trying to reassure Binance customers that their funds remain secure. The incident highlights Binance's investments in Musk's businesses, specifically with SpaceX. Binance aims to recover affected assets and restore normal operations following this crisis. Meanwhile, the situation has attracted the attention of cybersecurity investigators and cryptocurrency traders. ...Less

SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites acros ...More

SpaceX is in talks with cellular infrastructure companies to secure access to at least 80,000 sites across the United States, Bloomberg News reported on Thursday, citing people familiar with the matter. ...Less

SpaceX has stated that any potential merger with Tesla will require Elon Musk's approval. Despite Musk's ...More

SpaceX has stated that any potential merger with Tesla will require Elon Musk's approval. Despite Musk's recusal from talks due to conflicts of interest, his endorsement raises concerns. Analysts believe a merger is likely, although opinions vary on shareholder compensation. Musk's recent comments have caused issues that may lead to delays in the process. The special committee and board of directors will review and approve any potential combination. ...Less

SPACEX is preparing for significant developments regarding its Starship program and upcoming flight sched ...More

SPACEX is preparing for significant developments regarding its Starship program and upcoming flight schedules. Elon Musk projects that Starship will fly weekly in early next year and twice weekly later. The company anticipates substantial revenue growth, aiming for annual recurring revenue between $500 billion and $1 trillion by 2027. Additionally, SPACEX plans to establish a Louisiana launch site with numerous towers to support operations. ...Less

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his tw ...More

Elon Musk said this week that SpaceX and Tesla have formed special committees to study a merger of his two biggest companies. Musk cautioned that a merger is not certain. ...Less

Social media user Unnati shared an old video of Elon Musk pitching Tesla’s $109,000 Roadster in 2008, whe ...More

Social media user Unnati shared an old video of Elon Musk pitching Tesla’s $109,000 Roadster in 2008, when the company was nearing bankruptcy. Musk explained how revenue from expensive cars would fund affordable electric vehicles. During the crisis, SpaceX secured a major NASA contract, while Tesla investors provided crucial funding to keep the automaker running. ...Less

Multiple requests were made by the Biden and Trump administrations for SpaceX to adjust Starlink services ...More

Multiple requests were made by the Biden and Trump administrations for SpaceX to adjust Starlink services across different regions. These requests included both restricting access to adversarial groups and providing access to allies and civilians. Notably, officials expressed concerns about Starlink being used by Iranian proxy forces, which the US aimed to counteract. Additionally, Ukraine's military access to Starlink has recently been limited, raising alarms among European officials. ...Less

Elon Musk's endorsement of a potential $3.5 trillion SpaceX and Tesla merger has sparked shareholder conc ...More

Elon Musk's endorsement of a potential $3.5 trillion SpaceX and Tesla merger has sparked shareholder concerns. Insiders worry his comments may invite scrutiny, delaying the merger process. Musk cannot be involved in discussions due to potential conflicts of interest, indicating the influence of his prior dealings. Advisors are striving to ensure independent board oversight amid heightened investor scrutiny. ...Less

US stocks experienced a decline as AI related shares continued to selloff significantly over the week. Th ...More

US stocks experienced a decline as AI related shares continued to selloff significantly over the week. The Dow Jones Industrial Average fell markedly, affecting overall investor sentiment in the market. Concerns regarding competition from SpaceX led to drops in major telecom stocks such as AT&T and Verizon. Meanwhile, energy stocks achieved record highs as oil prices rose amid ongoing supply concerns. ...Less

Elon Musk has expressed support for a potential merger between Tesla and SpaceX. This merger could create ...More

Elon Musk has expressed support for a potential merger between Tesla and SpaceX. This merger could create a technology and manufacturing powerhouse worth approximately $3.5 trillion. By combining their resources, both companies could streamline operations and enhance collaboration on projects like AI and robotics. However, there are challenges related to governance, regulatory scrutiny, and execution risks that need to be addressed. ...Less

Elon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at a ...More

Elon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combination could unite electric vehicles, satellite communications, robotics and AI computing, while raising questions over regulation, governance and shareholder value. ...Less

Elon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, b ...More

Elon Musk's SpaceX on Tuesday reported a 161% rise in revenue for the third quarter, beating estimates, buoyed by a surge in its AI business and steady growth at its Starlink ...Less

Elon Musk’s proposed Tesla–SpaceX merger faces potential regulatory hurdles in the US and China over nati ...More

Elon Musk’s proposed Tesla–SpaceX merger faces potential regulatory hurdles in the US and China over national security, sensitive data and technology sharing. Tesla’s dependence on Chinese manufacturing and revenue complicates efforts to integrate SpaceX’s defence operations. ...Less

Elon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capi ...More

Elon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capital expenses. However, obstacles like shareholder votes and the need for special committees present significant challenges to this merger idea. Analysts suggest that such a merger could not only streamline operations but also significantly bolster financial assets for both companies. Yet, regulatory scrutiny is expected, mainly due to governance issues linked to Musk’s dual leadership. ...Less

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses ...More

The new shares issued to Japanese investors will go to raise working capital and fund operating expenses and capital expenditure, the filing said. ...Less

In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 ...More

In an ambitious move, Elon Musk is contemplating merging Tesla with SpaceX, a deal poised at roughly $3.5 trillion. Public sentiment appears favorable, yet no official contract has been signed. Teams of independent evaluators will scrutinize the merger plan to assure shareholder fairness. Should this merge succeed, it could significantly enhance Musk's sway in business decisions, though regulatory obstacles and shareholder needs could complicate the pathway ahead. ...Less

US stocks ended higher on Wednesday as SpaceX and Super Micro Computer boosted sentiment around artificia ...More

US stocks ended higher on Wednesday as SpaceX and Super Micro Computer boosted sentiment around artificial intelligence stocks. The Nasdaq led gains, while strong semiconductor stocks added support. However, weakness in Netflix, AT&T and other communications shares limited the broader advance as investors awaited more major technology earnings. ...Less

Elon Musk's proposed merger of Tesla and SpaceX may encounter significant hurdles from US and Chinese reg ...More

Elon Musk's proposed merger of Tesla and SpaceX may encounter significant hurdles from US and Chinese regulators. Concerns about national security and technology sharing complicate the merger discussions. Tesla's reliance on China for manufacturing and SpaceX's defense contracts raise potential risks. Analysts suggest creating a firewall around Tesla's Chinese operations as a possible solution. However, divesting Tesla's China operations could prove challenging, considering the deep integration with local suppliers. ...Less

The head of the European Space Agency will visit the United Arab Emirates to discuss collaboration. This ...More

The head of the European Space Agency will visit the United Arab Emirates to discuss collaboration. This meeting aims to reduce Europe's dependence on the United States for space exploration. The ESA hopes to establish a framework agreement with the UAE to strengthen its exploration initiatives. Additionally, discussions may include potential investments and participation in upcoming programs. European governments must first ensure adequate funding before pursuing international cooperation. ...Less

Elon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the ...More

Elon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhance their collaboration in artificial intelligence and robotics, as both companies have overlapping interests. While Tesla may gain from SpaceX’s rocket-launch capabilities, there are concerns about financial risks and governance issues. Investors are skeptical, particularly regarding the potential burden on Tesla's existing operations. ...Less

Elon Musk SpaceX share giveaway: Elon Musk has announced that every child in the US will receive one Spac ...More

Elon Musk SpaceX share giveaway: Elon Musk has announced that every child in the US will receive one SpaceX share in 2027, describing the proposed giveaway as the first of many plans. ...Less

In March 2006, SpaceX’s first rocket failed because of a $5 aluminium nut that cracked from corrosion. Th ...More

In March 2006, SpaceX’s first rocket failed because of a $5 aluminium nut that cracked from corrosion. The cadet-built satellite on board was thrown clear and landed in a storage shed beside its own shipping crate. Reports first blamed human error, but a review board pointed to corrosion, a cause even Elon Musk called only “most probable”. ...Less

Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 b ...More

Tesla's shares dipped by 2% after it reduced its capital spending forecast for 2026, now predicting $20 billion instead of the previous $25 billion. This move has raised eyebrows among investors, especially with Tesla's stock already down 14% this year. Yet, it still boasts a higher valuation than many traditional automakers. Meanwhile, potential merger talks with SpaceX hint at regulatory hurdles that might prolong uncertainty for investors. ...Less

As SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insight ...More

As SpaceX and Tesla prepare to unveil their third-quarter results, investors are eagerly awaiting insights into revenue and earnings growth. Analysts will likely center their analysis on Starlink’s performance alongside profits from Tesla’s vehicle sales. With Tesla's annual meeting scheduled for December 3, potential merger discussions are also on the horizon, impacting future strategies amid significant capital expenditures that foreshadow negative free cash flow. ...Less

Elon Musk has unveiled an ambitious plan to grant one SpaceX share to every American child next year, aim ...More

Elon Musk has unveiled an ambitious plan to grant one SpaceX share to every American child next year, aiming to empower future generations through investment opportunities. With more than 72 million minors in the U.S., questions arise regarding who qualifies for this potential windfall, valued at over $10.5 billion based on current prices. Final specifics from Musk's team remain pending, igniting curiosity across the nation. ...Less

SpaceX will release its third-quarter 2026 earnings after the US stock market closes on Tuesday, October ...More

SpaceX will release its third-quarter 2026 earnings after the US stock market closes on Tuesday, October 20. The report lands one day before Tesla shares its own results on Oct. 21. Because SpaceX is privately held, financial data usually circulates through private investor letters rather than public filings. ...Less

Billionaire Elon Musk announced plans to donate SpaceX shares to every child in America. The initiative i ...More

Billionaire Elon Musk announced plans to donate SpaceX shares to every child in America. The initiative is part of the Trump Accounts program, which aims to provide financial foundations for children. More than 4.5 billion USD has already been contributed to these accounts since their launch. Families and private-sector donors can contribute directly to these children's accounts. This program mainly benefits middle-class households with children under 18 years old. ...Less

SpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporti ...More

SpaceX and Tesla are expected to report third-quarter results on consecutive days this week. This reporting will provide investors insight into both companies amidst merger speculation. Analysts are particularly focused on Starlink's revenue growth and Tesla's profits from car sales. Both companies are investing significantly in AI, influencing their financial outlooks. The upcoming results are anticipated to clarify the potential for a merger between them. ...Less

Elon Musk’s SpaceX share giveaway: How much could each child get? Musk has proposed giving one existing S ...More

Elon Musk’s SpaceX share giveaway: How much could each child get? Musk has proposed giving one existing SpaceX share (traded on the Nasdaq under the ticker SPCX) to every eligible American child in 2027. This is an equity gift, not a direct cash grant. ...Less

Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to kee ...More

Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely demand from the AI industry's growth. ...Less

SpaceX’s revenue surged 161% year-on-year to $14.58 billion in the third quarter, driven by AI computing ...More

SpaceX’s revenue surged 161% year-on-year to $14.58 billion in the third quarter, driven by AI computing and Starlink. Elon Musk’s $1 trillion revenue ambition and Tesla merger speculation have drawn investor attention, while rising AI spending remains a key risk. ...Less

The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5. ...More

The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI trade ran into turbulence, with hyperscalers Meta Platforms, Alphabet and Amazon.com raising spending forecasts further as they race to expand AI infrastructure. ...Less

The Federal Communications Commission said Tuesday it has approved Amazon Leo's $11.5 billion deal to acq ...More

The Federal Communications Commission said Tuesday it has approved Amazon Leo's $11.5 billion deal to acquire Globalstar as the retail giant's satellite arm aims to build a satellite-based communications network to take on Elon Musk's SpaceX Starlink unit. ...Less

SpaceX is targeting October 20 for the launch of its Falcon 9 rocket on the Bandwagon-5 rideshare mission ...More

SpaceX is targeting October 20 for the launch of its Falcon 9 rocket on the Bandwagon-5 rideshare mission, carrying 32 payloads, including cubesats, microsats and reentry vehicles. The mission will mark the booster's 19th flight, with the first stage scheduled to land on the A Shortfall of Gravitas droneship in the Atlantic Ocean. ...Less

SpaceX has postponed its Bandwagon-5 launch after weather disrupted Monday’s plans. The new attempt could ...More

SpaceX has postponed its Bandwagon-5 launch after weather disrupted Monday’s plans. The new attempt could offer more than a rocket climbing into orbit. For some predawn viewers, the rescheduled flight may bring an unusual glow, but timing and location will matter. ...Less

AST SpaceMobile shares hit a 52-week low amid SpaceX's potential Boost Mobile deal, intensifying competit ...More

AST SpaceMobile shares hit a 52-week low amid SpaceX's potential Boost Mobile deal, intensifying competition concerns. Delayed satellite launches, execution risks and shifting analyst ratings further weigh on investor sentiment. ...Less

Elon Musk has announced plans to gift one share of SpaceX to each child in America next year. This announ ...More

Elon Musk has announced plans to gift one share of SpaceX to each child in America next year. This announcement came shortly after Anthropic pledged 5% of its shares to a benefit fund. The new fund will potentially increase in value as shares grow. Recent surveys show many Americans are concerned about the rapid development of artificial intelligence technology. ...Less

In a groundbreaking move, Elon Musk revealed his intention to distribute one share of SpaceX to every chi ...More

In a groundbreaking move, Elon Musk revealed his intention to distribute one share of SpaceX to every child in America. This announcement comes on the heels of Anthropic's commitment to allocate 5 percent of its shares to a public benefit fund aimed at harmonizing financial success with social impacts. With SpaceX recently hitting the stock market, Musk has also claimed the title of the world's first trillionaire. ...Less

Ukrainian President Volodymyr Zelenskiy stated that US warnings regarding Russian missile strikes have be ...More

Ukrainian President Volodymyr Zelenskiy stated that US warnings regarding Russian missile strikes have been restored. He also noted that SpaceX's Starshield internet is functioning at high speeds after previous throttling. Zelenskiy mentioned his discussions with US special envoy Steve Witkoff in Oslo, leading to these developments. As negotiations continue in November, Ukraine remains firm about its military and neutrality stance. ...Less

The artificial intelligence lab filed papers Monday setting up a Wall Street debut next month, ahead of i ...More

The artificial intelligence lab filed papers Monday setting up a Wall Street debut next month, ahead of its chief rival OpenAI and just months after SpaceX set records in June with an initial public offering that raised $86 billion. ...Less

Tesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raisi ...More

Tesla shares took a hit after the company adjusted its capital spending forecast downward for 2026, raising eyebrows about the future of Elon Musk’s AI and robotics projects. Despite this, Tesla showed unexpected positive free cash flow due to lower-than-anticipated expenditures in Q3. Analysts foresee increased spending in upcoming years for major initiatives, yet investors tread carefully, particularly as they watch for developments in Tesla's relationship with SpaceX. ...Less

EasyJet has revealed an exciting new partnership with Starlink, promising high-speed internet across its ...More

EasyJet has revealed an exciting new partnership with Starlink, promising high-speed internet across its Airbus fleet. The rollout is set to begin between early 2027 and early 2028. CEO Kenton Jarvis acknowledged the financial hurdles of providing onboard Wi-Fi. This announcement comes on the heels of a similar pact by rival Wizz Air, while Ryanair raises cost concerns about adopting this innovative technology. ...Less

Anthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential ...More

Anthropic’s IPO could put its stock to the test. The company behind Claude reportedly targets a potential $2 trillion valuation, but its heavy spending and billions in losses raise questions. Will ANT stock hold its value after listing, or could investors rethink the price once trading begins? ...Less

Jio Platforms is preparing for an IPO while developing its satellite venture to connect remote areas. Rel ...More

Jio Platforms is preparing for an IPO while developing its satellite venture to connect remote areas. Reliance Jio's ambitious plan involves deploying 1,600 low-Earth-orbit satellites and 23 ground stations across India. Meanwhile, Bharti Airtel aims to compete with a satellite network of its own through partnerships. The regulatory environment remains complex as both companies navigate their plans amid recent developments. ...Less

Google launched its Project Suncatcher prototype satellite on October 1, 2026, aboard SpaceX's Transporte ...More

Google launched its Project Suncatcher prototype satellite on October 1, 2026, aboard SpaceX's Transporter-18 mission. Following initial checks, the satellite completed early machine learning tests with its onboard Gemma AI model. During a ground-station pass, the satellite generated a haiku about life in space, showcasing its capabilities. Google plans to explore the reliability of this technology under space conditions in future tests. ...Less

Anthropic PBC plans to file for an initial public offering in New York on Monday morning. The artificial ...More

Anthropic PBC plans to file for an initial public offering in New York on Monday morning. The artificial intelligence model maker is expected to begin its marketing efforts by November 9. The anticipated IPO aims to rival the size of SpaceX's previous offering, according to industry sources. ...Less

NASA plans to return astronauts to the moon with the Artemis III mission set for next summer. Following t ...More

NASA plans to return astronauts to the moon with the Artemis III mission set for next summer. Following that, Artemis IV aims to accomplish a historic moon landing by 2028, marking the first since the Apollo missions. Administrator Jared Isaacman emphasized the importance of efficiency and a fast-paced approach similar to Apollo's playbook. Docking exercises with SpaceX and Blue Origin's landers will occur before the moon base establishment. ...Less

Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising b ...More

Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology companies like Meta, Alphabet, and Microsoft are increasing their capital outlays to strengthen AI infrastructure. The Nasdaq 100 index has already seen a significant decline of more than 5.8% in October. Analysts predict that global AI infrastructure spending could reach unprecedented levels by 2030. ...Less

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who w ...More

The heavyweights of the AI industry are facing a reckoning on Wall Street, reflecting concerns over who will bear the cost of the artificial intelligence buildout that has fueled much of this year's stock market gains. ...Less

In the US, stock futures surged as investors prepare for the upcoming midterm elections and await earning ...More

In the US, stock futures surged as investors prepare for the upcoming midterm elections and await earnings announcements. Major tech players, such as Alphabet and SpaceX, enjoyed premarket boosts. Estee Lauder's optimistic sales and profit outlook added to market enthusiasm. However, caution prevails as investors weigh the potential consequences of congressional control post-elections. Additionally, falling oil prices eased worries over supply issues in the Middle East. ...Less

Wall Street opened higher on Wednesday, led by gains in technology and AI stocks after quarterly results ...More

Wall Street opened higher on Wednesday, led by gains in technology and AI stocks after quarterly results from SpaceX and Super Micro Computer improved investor appetite. The Nasdaq gained 0.67%, while the S&P 500 and Dow Jones also rose. Netflix slipped as its outlook disappointed investors. ...Less

Thales Group intends to expand its sourcing from India, which has already exceeded €1.2 billion over five ...More

Thales Group intends to expand its sourcing from India, which has already exceeded €1.2 billion over five years. The company is exploring partnerships with Indian space launch firms due to anticipated global launch shortages by 2029. Indian suppliers are seen as integral to Thales' strategy for developing advanced radars and missile systems. The company aims to transfer not only production but also design authority for defense equipment. ...Less

Ukraine's Starlink services were restored after speed restrictions affected military operations for over ...More

Ukraine's Starlink services were restored after speed restrictions affected military operations for over a week. President Volodymyr Zelenskyy confirmed that the restored speeds were sufficient for front-line logistics. Elon Musk admitted to throttling Starlink for offensive use, sparking tensions between Ukraine and the US. Meanwhile, missile attacks continue to impact civilians in Ukraine, with reported casualties in several regions. Ukrainian forces also targeted military sites across Russia, indicating ongoing conflict. ...Less

Elon Musk imposed limitations on Starshield services for Ukraine, affecting their drone capabilities duri ...More

Elon Musk imposed limitations on Starshield services for Ukraine, affecting their drone capabilities during the conflict. US Defense Secretary Pete Hegseth stated that no directives were issued regarding these changes. Relations between Washington and Kyiv have strained recently, particularly after criticism from the US toward Ukraine's actions. President Donald Trump denied requesting any restrictions on the communications system utilized by Ukraine. ...Less

No startup has ever grown so fast. Investors have already grown nervous. ...More

No startup has ever grown so fast. Investors have already grown nervous. ...Less

Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potentia ...More

Elon Musk has warned that over 200 neocloud companies may face significant challenges, including potential failures and consolidation. Despite high demand for AI computing capacity, rising credit costs impact the financial stability of these companies. Research firm Gartner anticipates that more than 80% of neocloud providers may cease independent operations by 2030. Tighter credit conditions could restrain excessive AI spending without affecting overall investment growth. ...Less

Anthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billio ...More

Anthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billion. The company plans to invest over $895 billion in future computing infrastructure and costs. Despite substantial revenue growth, Anthropic faces a $23.3 billion net loss in the last quarter due to rising expenses. Additionally, AI pricing pressures have impacted revenue growth, resulting in lower earnings. ...Less

Though Starlink boasts extensive satellite internet coverage, many potential users find the service econo ...More

Though Starlink boasts extensive satellite internet coverage, many potential users find the service economically unviable. The Indian government is strategically evaluating its communications infrastructure choices, potentially leaning towards homegrown solutions for critical services, which may boost Reliance's positioning against SpaceX in the market. ...Less

Bitcoin has surged by 2.4% to $84,737 amid increased enthusiasm for risk assets like technology stocks. T ...More

Bitcoin has surged by 2.4% to $84,737 amid increased enthusiasm for risk assets like technology stocks. This rally, driven partly by SpaceX earnings, reflects a broader revival in speculative trading. The Office of the Comptroller of the Currency has also announced supportive measures for payment stablecoin issuers. Additionally, indications show a rise in open interest for perpetual futures, after a period of deleveraging. ...Less

Anthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1 ...More

Anthropic, one of the world's leading artificial intelligence companies, on Monday reported a more than 1,100 percent surge in quarterly revenue and nearly $900 billion in spending commitments as it counts down to its Wall Street listing later this month. The filing said the company has committed to spend about $895 billion, mostly on computing power, with $70 billion of that due before September 2027. ...Less

One of the people said the money would pay for additional chips for the data center Argentum secured in P ...More

One of the people said the money would pay for additional chips for the data center Argentum secured in Poland with DL Invest Group, and that the debt is meant for chips leased to customers that do not have investment-grade ratings. ...Less

In a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intellige ...More

In a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a pivotal lunch with Donald Trump that resulted in a new safety standards agreement. Meanwhile, executives from Alphabet, Amazon, and Microsoft still favor the traditional AI nomenclature in their dialogues. ...Less

Google is in early talks with the Pentagon regarding involvement in the Golden Dome missile defense progr ...More

Google is in early talks with the Pentagon regarding involvement in the Golden Dome missile defense program. The initiative aims to secure critical data for military software and infrastructure. Multiple companies, including Aalyria Technologies, are likely to collaborate in this effort. Command-and-control software will connect various weapon systems and defense technologies across the military. Google’s previous hesitations with defense work seem to be changing as it pursues new agreements. ...Less

Satya Nadella and Sam Altman call for a crucial reassessment of AI safety frameworks. Advanced artificial ...More

Satya Nadella and Sam Altman call for a crucial reassessment of AI safety frameworks. Advanced artificial intelligence presents significant existential threats that necessitate immediate global governance. Investors are encouraged to proceed with caution, while tech creators are urged to voluntarily practice restraint for public safety. Thoughtful development of AI could facilitate societal adaptation to its transformative potential over time. ...Less

Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct cha ...More

Elon Musk's SpaceX struck a deal to acquire a nationwide low-band spectrum portfolio, posing a direct challenge to US wireless companies. ...Less

Anthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later ...More

Anthropic reported a 1,100% surge in third quarter revenue to $17 billion ahead of its planned IPO later this month. However, the AI company also disclosed a $23.3 billion net loss and nearly $895 billion in spending commitments, raising questions about AI infrastructure costs and investor appetite for its proposed listing. ...Less

A wave of American wealth created by artificial intelligence companies could produce some of the largest ...More

A wave of American wealth created by artificial intelligence companies could produce some of the largest charitable sums since the era of Andrew Carnegie and John D. Rockefeller, raising questions about where the money goes. Nan Ransohoff of payments firm Stripe has described the moment as a "third wave" of American philanthropy, after the industrial fortunes of the late 19th century and the internet billionaires of recent decades. ...Less

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, ...More

The Facebook parent has launched public offerings worth about $35 billion in common and preferred stock, and said it also plans to launch a separate at-the-market share sale program worth up to $60 billion. ...Less

Kirill Dmitriev, an envoy of Russian President Vladimir Putin, told an economic forum in Istanbul on Thur ...More

Kirill Dmitriev, an envoy of Russian President Vladimir Putin, told an economic forum in Istanbul on Thursday that the undersea Nord Stream gas pipelines, damaged by blasts. ...Less

Tesla India Motors and Energy achieved revenue of ₹247.3 crore and a net profit of ₹5.2 crore in FY26. Ve ...More

Tesla India Motors and Energy achieved revenue of ₹247.3 crore and a net profit of ₹5.2 crore in FY26. Vehicle sales constituted nearly 87% of total sales after launching retail operations in India. The company reported a significant increase in registrations, reaching 650 units in the first half of FY27. Furthermore, Tesla invested approximately ₹86 crore into its Indian operations, highlighting its commitment to the local market. ...Less

Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge ris ...More

Gauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for US stocks also climbed in early trading. ...Less

US futures are showing a decline, particularly in the artificial intelligence sector, as market pressures ...More

US futures are showing a decline, particularly in the artificial intelligence sector, as market pressures mount. The rise in oil prices is linked to ongoing conflicts in the Middle East, contributing to inflation fears. Major companies like Netflix and SpaceX are scheduled to release quarterly results, adding to market uncertainty. Recent unrest in Europe over various societal issues has also impacted market performance. ...Less

In the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed b ...More

In the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix, while major tech players such as Tesla and Apple faced declines. Investors eye the Federal Reserve's imminent interest rate decision and important earnings announcements from Microsoft and Alphabet. The Nasdaq showed positive momentum this week, rising around 2%, reflecting growing optimism surrounding artificial intelligence. ...Less

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of ...More

A successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including chipmakers and related infrastructure companies, analysts have said. ...Less

Tesla recently unveiled their new Roadster, which features innovative thrusters inspired by SpaceX techno ...More

Tesla recently unveiled their new Roadster, which features innovative thrusters inspired by SpaceX technology. This vehicle can perform aerial stunts, such as jumping and flipping mid-air, while returning to the ground safely. However, many question the practicality of such features for everyday driving situations. The Roadster highlights advancements in automotive technology that seem more suited to entertainment than utility. ...Less

NASA is preparing for a press conference to share important updates on the Artemis program. The focus wil ...More

NASA is preparing for a press conference to share important updates on the Artemis program. The focus will be on the upcoming Artemis III mission and its objectives. Additionally, details regarding future lunar landings under Artemis IV are expected to be unveiled. NASA aims to return astronauts to the Moon by 2028, exploring the lunar south pole for scientific research. ...Less

US stocks saw a significant recovery as semiconductor shares attracted investor attention following steep ...More

US stocks saw a significant recovery as semiconductor shares attracted investor attention following steep declines. The Nasdaq 100 and S&P 500 both experienced gains in early trading, offering relief to tech investors. Notable tech companies like CoreWeave saw increases after concerns about their business sustainability were addressed. Additionally, SpaceX and Tesla gained value amid speculation over potential corporate actions. ...Less

Shares of neocloud companies have fallen significantly amid concerns about consolidation in the sector. E ...More

Shares of neocloud companies have fallen significantly amid concerns about consolidation in the sector. Elon Musk warned that many neoclouds may face closures as they struggle with heavy debt burdens. Research firm Gartner suggested that a high percentage of these companies could cease operations by 2032. Investor anxiety has increased due to mounting losses and a heavy reliance on AI spending. ...Less

The risks laid out by the San Francisco company in its filing Monday with the Securities and Exchange Com ...More

The risks laid out by the San Francisco company in its filing Monday with the Securities and Exchange Commission included discussion of bad actors potentially using AI models to build deadly weapons or the technology itself going rogue with untold consequences. ...Less

Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, ...More

Alphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to September. The net profit dropped 25 percent to $26.2 billion, which fell short of analyst predictions. While YouTube's revenue growth has decelerated, Google Cloud's revenue impressive surged by 103 percent. The company reports substantial capital expenditures at $51. ...Less

Anthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock ma ...More

Anthropic, established by ex OpenAI researchers, is gearing up for an anticipated entry into the stock market in the United States. The organization has impressively generated $16.29 billion in revenue during the first half of 2026. Yet, significant operational losses due to soaring computing costs pose a challenge, along with over $500 billion in cloud computing commitments. Competing against OpenAI and Google, they must adeptly maneuver through a tough economic environment. ...Less

After sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operate ...More

After sending vehicles connected to Starshield to Europe to conduct speed checks and finding they operated normally outside Ukraine, officials in Kyiv concluded that restrictions "are on the territory of Ukraine - so it is a planned operation," Volodymyr Zelenskyy said. ...Less

The MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Ko ...More

The MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix Inc.’s stock climbing after the company reported operating profit that beat estimates. The chipmaker is planning a total of 100 trillion won ($75.4 billion) in shareholder returns for 2026. ...Less

Elon Musk has urged voters to back Republican Senate candidates in the November 3 midterms, warning that ...More

Elon Musk has urged voters to back Republican Senate candidates in the November 3 midterms, warning that a future Democratic sweep of the presidency and Congress could lead to changes such as DC and Puerto Rico statehood and an expanded Supreme Court. His intervention comes as he pours hundreds of millions of dollars into Republican candidates and political groups, making him one of the most influential donors of the election cycle. ...Less

Palantir has proactively responded to European concerns about its military AI system by confirming there ...More

Palantir has proactively responded to European concerns about its military AI system by confirming there is no kill switch in place. This statement comes amid allegations that limited Starlink services have affected Ukraine's military efforts. Some NATO allies are wary of depending on US technology due to possible political influences. ...Less

Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portf ...More

Nvidia's $3 billion investment in Meta's share sale, announced Tuesday, is the latest addition to a portfolio of stakes, loans and guarantees that has made the chip giant what some analysts describe as the central bank of the artificial intelligence boom. Nvidia also has around $36 billion in cloud backstops and a guarantee of up to $105 billion linked to an OpenAI data center, according to US media. ...Less

Amazon experienced a notable decline of over seven percent in its shares following the release of its qua ...More

Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to meet analyst forecasts. The tech giant reported a total revenue of $201.9 billion, revealing struggles across multiple sectors. Nonetheless, the growth of its AWS cloud division stood out as a silver lining. ...Less

Prediction markets are witnessing rising activity ahead of Anthropic’s anticipated IPO, with retail inves ...More

Prediction markets are witnessing rising activity ahead of Anthropic’s anticipated IPO, with retail investors betting on its valuation, listing timeline and exchange. Platforms Polymarket and Kalshi have attracted millions in trading volume, reflecting strong AI investment interest while highlighting uncertainty surrounding valuations and investor demand. ...Less

Why is the US stock market down today? Weak earnings from Intel and Amazon, plus AI worries, pulled the N ...More

Why is the US stock market down today? Weak earnings from Intel and Amazon, plus AI worries, pulled the Nasdaq down 2.14% and the S&P 500 down 1.29%. Dow Jones is at 52,113.50, down 0.44%. Nvidia, AMD and Reddit also fell. ...Less

AI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadel ...More

AI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing over 3%. Chipmakers, data centre operators and AI infrastructure firms also advanced. The potential listings of Anthropic and OpenAI could offer new valuation benchmarks, even as concerns over AI spending and financing costs persist. ...Less

US stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weigh ...More

US stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Meta earnings failed to ease AI-related jitters, while rising oil prices added to market pressure. The Nasdaq fell 1.48%, while the S&P 500 and Dow also declined at the open. ...Less

Japan’s Nikkei slipped as semiconductor stocks retreated amid concerns over the sustainability of AI infr ...More

Japan’s Nikkei slipped as semiconductor stocks retreated amid concerns over the sustainability of AI infrastructure spending into 2027. Tokyo Electron and Screen Holdings led losses, while gains in cybersecurity and IT services stocks limited the broader market’s decline. ...Less