Tag: spacex
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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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SpaceX turns to bond market to raise capital, reports $100.8 billion cash
June 22 : Elon Musk’s SpaceX turned to the bond market for the first time, capitalizing on a post-IPO momentum that has vaulted its cash reserves past $100 billion as the rockets-to-AI group ramps up spending.Monday’s notes offering comes mere days after SpaceX’s IPO, signaling the company’s push to reshape i
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SpaceX launches debt sale to raise capital, reports $100.8 billion in cash
June 22 : Elon Musk’s SpaceX launched its first-ever notes offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19, days after its blockbuster U.S. stock market IPO.The rockets-to-AI company debuted on the Nasdaq on June 12 after raising $85.7 billion from its initia
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From $500 to $1tn: How Elon Musk built his fortune
From a video game sold for $500 (€430) as a teenager to a business empire spanning rockets, electric vehicles, AI and brain implants, Elon Musk has spent decades building companies that have reshaped multiple industries. Here’s a look at the businesses behind the world’s richest man.
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Commentary: Why SpaceX, Samsung, Hynix are becoming meme stocks
Meme mania is sweeping through the US stock market again, but this time it’s trillion-dollar companies that can distort and sink entire equity markets, says Shuli Ren for Bloomberg Opinion.
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