Musk’s long-time backer is giving SpaceX stock to its investors
Valor Equity Partners is handing out stock to its LPs instead of cash returns.
SpaceX
The Exploration Company nabs $450 million to challenge SpaceX
The Exploration Company (TEC) has raised $450 million to build reusable spacecraft, in what it describes as “the largest-ever Series C by a European space company.”
Stoke Space raises another billion to rival SpaceX at re-flying rockets
Stoke has “completed the initial closing” of a $1B Series E round intended to help it reach orbit and prepare a new, larger rocket for operations.
Trump bought SpaceX shares two weeks after blockbuster IPO
The president bought when the stock was in the mid-$150 range. SpaceX finished trading on Monday back at its IPO price of $135.
Cognition CEO denies report that SpaceX tried to acquire the startup
SpaceX was reportedly in talks to buy AI coding startup Cognition. SpaceX has already acquired Cursor as it races to catch up to rivals like OpenAI and Anthropic in enterprise AI.
Woman claims her stepfather used Grok to transform childhood photo into explicit imagery
The woman claimed that AI tools are “taking everyday life and turning it into child sexual abuse.”
