Musk, who will have more than 50% of the voting power, will have a monarchical grip over the publicly-traded version of SpaceX — control that goes far beyond what other tech founders enjoy.
The SpaceX IPO is here, and it’s more than just an historic public offering that could make Elon Musk the world’s first trillionaire. It also reveals more ways in which Elon Musk’s companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of. This is evident […]
SpaceX has finally made the contents of its IPO filing public, weeks ahead of what is expected to be the largest IPO ever and one that will make Musk the CEO, CTO, and Chairman of the board.
Elon Muks’s xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX’s IPO filing.
Elon Musk’s xAI surprised the AI world when it made a deal to sell compute to Anthropic. Now we know how much it’s worth.
The tech trial of the year, Musk v. Altman, was ultimately a fight for control. Elon Musk argued that Sam Altman, with whom he helped found the now-massive company OpenAI, shouldn’t direct the future of AI. Altman’s lawyers, in turn, poked at Musk’s own credibility. A jury came to a verdict on Monday after just […]
Andon Labs has been running a series of experiments in which AI agents run businesses without human intervention. Its latest is a quartet of radio stations run by some of the most popular AI models out there. “Thinking Frequencies” is run by Claude, “OpenAIR” by ChatGPT, “Backlink Broadcast” by Google’s Gemini, and “Grok and Roll […]
More than 50 employees have reportedly left Elon Musk’s newly merged SpaceXAI since February, raising questions about burnout, leadership changes, talent poaching, and whether liquidity events weakened retention incentives.
Gas turbines at xAI’s Colossus 2 data center have drawn a lawsuit over the company’s use of “mobile” gas turbines as power plants.
