Tag: musk’s spacex
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Musk’s SpaceX in talks to supply the Pentagon with computing power, WSJ reports
July 17 : Elon Musk’s SpaceX is in talks to provide the U.S. Department of Defense with access to data center capacity worth billions of dollars to run AI models, the Wall Street Journal reported on Friday, citing people familiar with the matter.Such an agreement would extend the Pentagon’s existing relation
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Musk’s SpaceX targets US consumers with Starlink mobile service push, FT reports
June 26 : SpaceX has told investors it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, in a move that could allow the Elon Musk-led company to compete directly with Verizon, AT&T and T-Mobile. Here are some details:• SpaceX already offers direct
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Musk’s SpaceX raises $75 billion in largest IPO ever
June 11 : Elon Musk’s SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion.The largest ever IPO cements SpaceX’s status as one of the world’s most valuable companies. Its shares w
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Musk’s SpaceX IPO holds both promise and peril
SpaceX, Elon Musk’s rocket and AI company, presents potential for investors. But its futuristic, unproven plans also carry significant financial risks.
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Elon Musk’s SpaceX aiming to raise $75bn in record IPO
If completed, the unprecedented IPO would surpass the record $25.6 billion raised by Saudi oil producer Aramco in 2019 and could make Elon Musk the world’s first trillionaire.
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