SpaceX's nearly $2 trillion IPO is heavily banking on this one entity and it's top on Elon Musk's priority listSpaceX would join a small group of companies valued at $2 trillion, most of which have steady revenue and strong profits.
SpaceX IPO bets $2 trillion on Musk's ambitious rockets-to-AI visionInvestors are betting big on SpaceX's IPO, valuing it at nearly two trillion dollars. The company aims to fund its ambitious AI plans with ...
Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
China's Xpeng begins mass production of robotaxis in GuangzhouChinese electric vehicle maker Xpeng has started mass production of its first robotaxi. The company aims for fully driverless operations by...
Elon Musk expects widespread use in US of self-driving cars this yearElon Musk predicts a significant shift in transportation. He stated that self-driving cars without human oversight will become more common ...
Uber open to teaming up with Travis Kalanick on autonomous vehicles: CEO Dara KhosrowshahiUber CEO Dara Khosrowshahi expressed openness to partnering with ousted founder Travis Kalanick on his new autonomous vehicle venture. This...
Waymo recalls 3,800 robotaxis over risk of entering flooded roadsIn a proactive safety measure, Waymo is recalling nearly 3,800 of its autonomous vehicles from the U.S. market, triggered by an episode inv...
Waymo to recall nearly 3,800 robotaxis over self-driving software issueWaymo is recalling thousands of its self-driving robotaxis in the US. A software flaw could cause the vehicles to drive onto flooded roads....
Uber stock jumps 9% after $53.7 billion bookings beat: is UBER entering its strongest growth phase again?UBER stock surged roughly 9% in premarket trading after the company reported first-quarter 2026 results that beat Wall Street on the metric...
Uber Q1 revenue rises 14%, slightly misses estimates; forecasts strong Q2 bookingsUber's Q1 revenue rose 14% year-over-year, slightly missing expectations, but the company's shares climbed on a strong forecast. This outlo...
Musk’s $158 billion payday is a lot like Tesla stock: full of hot airElon Musk's massive $158 billion compensation package from Tesla highlights stark economic disparities. While workers face stagnant wages a...
Elon Musk earned more last year than most countries — Tesla's $158 billion pay filing has everyone stunnedElon Musk Tesla compensation $158 billion stunned markets with a record-setting payout tied fully to performance. On paper, it is the large...
China suspends new autonomous vehicle permits after Baidu outage: ReportChina has pressed the brakes on new permits for self-driving vehicles, marking a pivotal shift in the landscape of autonomous transportatio...
WeRide, Lenovo team up to scale 200,000 robotaxis by 2031Chinese tech firms WeRide and Lenovo are set to deploy 200,000 autonomous vehicles worldwide in the next five years. This ambitious collabo...
Elon Musk says Tesla has started 'robotaxi' productionTesla's much-anticipated Cybercab robotaxi is now in production. CEO Elon Musk announced the news, sharing videos of the driverless vehicle...
Tesla's $25 billion spending plan tests investor faith in unproven AI betsTesla CEO Elon Musk is seeking investor confidence for ambitious ventures in self-driving cars and humanoid robots. The company is signific...
Tesla stock surges 5% after Q1 earnings beat, but weak sales and rising competition raise concernsTesla stock went up after strong earnings in Q1 2026. The company made better profit than expected, which helped boost investor confidence....