Tag: spacex
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Musk denies WSJ report that SpaceX showed AI handset prototype before IPO
July 1 : Elon Musk on Wednesday denied a Wall Street Journal report that SpaceX showed investors and other stakeholders a prototype of an AI-focused device ahead of its blockbuster IPO.”Utterly false,” Musk said in a post on X, without elaborating.The Journal had reported, citing people familiar with t
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SpaceX, Charter discuss mobile phone partnership in US, Bloomberg News says
June 26 : SpaceX and internet provider Charter Communications have held executive-level talks about partnering on a consumer mobile phone offering in the United States, Bloomberg News reported on Friday, citing sources.• SpaceX already offers direct-to-cell connectivity with T-Mobile in the U.S., providing
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SpaceX set to join Nasdaq 100, paving way for wave of passive buying
June 26 : SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk’s rocket and AI giant.
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SpaceX rises marginally ahead of Russell rebalance
June 26 : Shares of SpaceX rose a marginal 0.15 per cent on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.Traders exchanged about $19 billion worth
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Russell rebalance could add to SpaceX volatility
June 26 : Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars’ worth of Elon Musk’s internet and rocket company to their holdings.After a blockbuster initial public offering this month, SpaceX’s stock has
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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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SpaceX has quietly launched a spacecraft almost no one knew existed
Rumours have circulated that it could be used to transport military hardware.
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SpaceX launches $25 billion notes offering for debt repayment, AI expansion
June 23 : Elon Musk’s SpaceX said on Tuesday it has launched a five-tranche notes offering to raise at least $25 billion, as the newly public company seeks funding for its capital-intensive AI expansion.SpaceX’s AI ambitions carry a hefty price tag, requiring tens of billions of dollars in investment in data
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SpaceX sheds $600 billion in three days and turns to the bond market
SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm’s market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.
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AI startup Reflection signs computing power deal with SpaceX
June 22 : Reflection AI said on Monday it has signed a deal with SpaceX that will grant the startup access to additional computing capacity at the Elon Musk-led company’s Colossus 2 data center.Under the agreement, the open-source AI startup will get immediate access to Nvidia GB300s, AI chips used to train a
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