Indonesia ‘conditionally’ lifts ban on Grok
Indonesia has followed Malaysia and the Philippines in lifting a ban on xAI’s chatbot Grok.
Elon Musk
Bye-bye corporate conglomerates. Hello personal conglomerates.
Elon Musk’s reported merging of SpaceX, xAI, and Tesla harkens back to the heyday of General Electric — or maybe the robber barons of the Gilded Age.
SpaceX seeks federal approval to launch 1 million solar-powered satellite data centers
SpaceX’s filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power.”
SpaceX wants to put 1 million solar-powered data centers into orbit
SpaceX filed a request with the FCC on Friday seeking approval to put a constellation of 1 million data center satellites into orbit. While the FCC is unlikely to approve a network that expansive, SpaceX’s strategy has been to request approval for unrealistically large numbers of satellites as a starting point for negotiations. The filing […]
SpaceX’s IPO could open the floodgates — and secondaries are booming in the meantime
To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.
Tesla throws in the towel on car sales
Is Tesla still a car company? It’s a question we’ve been asking ourselves more frequently over the past year, especially as the company’s car business shrinks and Elon Musk continues to push the message that Tesla should be seen more as an AI and robotics leader and less so as a mere seller of four-wheeled […]
Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports
This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.
Elon Musk’s SpaceX and xAI might merge into one company
SpaceX and xAI, which are both led by Elon Musk, are “in discussions to merge” ahead of SpaceX’s IPO that’s planned for later this year, Reuters reports. The merger would help with SpaceX’s plans to launch data centers into space, according to the publication. The specific timing and value of the potential merger are unclear. […]
Tesla discontinuing Model S and Model X to make room for robots
Tesla will discontinue the Model S and Model X in the second quarter of 2026, Elon Musk said in an earnings call with investors today. Musk said the reasons for cancelling the vehicle programs was to make room at Tesla’s Fremont factory for production of its Optimus humanoid robot. “It’s time to basically bring the […]