SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. And once the company goes public, Musk will be at its center as CEO, CTO, and Chairman of the board. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its … Read more
Elon Musk’s SpaceX officially kicked off its march to Wall Street on Wednesday, filing the S-1 paperwork required for its hotly anticipated IPO. Loading audio narration… Although the S-1 didn’t reveal key figures investors are waiting on — such as SpaceX’s estimated stock value and anticipated public share price — it did offer the first … Read more
Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts worth of compute — securing the entire output of the Colossus 1 data center near Memphis, Tennessee. Turns out, compute at that scale isn’t cheap. Anthropic will be paying xAI $1.25 billion per month through May 2029, with a discounted … Read more
SpaceX, the aerospace company founded by Elon Musk 24 years ago, has finally made its IPO filing public. The hefty filing, posted after markets closed Wednesday, shows a company that has developed far beyond its initial pursuit of reusable rockets — although its long-term mission to create a multi-planetary species remains intact. SpaceX is now … Read more
Houston, we have the SpaceX filing everyone has been waiting for. Loading audio narration… The S-1 paperwork, one of the most hotly anticipated financial filings of the year, gives the public its first look at the inner workings of Elon Musk’s rocket company and AI venture xAI. The filing reveals that SpaceX posted a $4.9 … Read more