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SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's whySpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the Apri...
Book recommendations by Elon Musk: Looking for your next read that helps you think like world's richest man? SpaceX founder suggests these 5 books on innovation, science and successElon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company build...
US stocks: SpaceX quarterly revenue surges in debut results on strong growth in its Starlink businessSpaceX has announced an impressive 92% increase in revenue for the latest quarter, primarily fueled by the growth of Starlink and its AI in...
Elon Musk likely to face tough questions during SpaceX's first earnings call after stock market listingSpaceX's investors are gearing up to challenge Elon Musk about the company's trajectory and financial stability as stock prices have plumme...
- Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
SpaceX's first results put Elon Musk's AI spending under Wall Street's microscopeSpaceX's upcoming earnings report is set to provide insights into Starlink's profitability as it expands into AI and space initiatives. Ana...
SpaceX's first results put Elon Musk's AI spending under Wall Street microscopeSpaceX is poised to reveal its next earnings report, signaling Starlink's profitability and its pivotal role in financing AI and space init...
Elon Musk says Anthropic’s Dario Amodei ‘dug his own grave’ by calling Mythos terrifyingElon Musk criticized Dario Amodei for alarming the public about AI risks. He stated Amodei's messaging about Mythos AI unnecessarily alarme...
Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsAmong the most popular shareholder questions submitted ahead of Tuesday's call were requests for more footage of Starship's Human Landing S...
Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsSpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mis...
Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
Sarvam appoints Thinking Machines Lab founding member Devendra Singh Chaplot as advisorSarvam AI has appointed Devendra Singh Chaplot as an advisor. Chaplot was a founding member of Mistral AI and Thinking Machines Lab. The ap...
US House Democrat asks Musk to answer for polluting xAI data centersA US Representative has requested documents from Elon Musk concerning his AI data centers. He seeks information on turbines, emissions, and...
Elon Musk teases Grok 4.6 and 4.7, doubling down on xAI's rapid-fire release cadenceMusk said Grok 4.6 will arrive around August 7 as a 1.5-trillion-parameter model with substantially upgraded supervised fine-tuning and rei...
Cursor launches India specific subscription plan for developersCursor Start, a new subscription plan, has been launched for Indian developers. This plan offers access to advanced AI tools and autonomous...
Elon Musk says AI, robotics will drive ‘incredible abundance’Elon Musk sees AI and robotics potentially creating widespread economic abundance for everyone. He acknowledges the rapid, unstoppable pace...
Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk saidTesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans wh...
Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
Musk leaves door open to Tesla-SpaceX mergerElon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these...