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Elon Musk Says Space Is ‘the Only Way to Scale’ AI as SpaceX Chases 1 Gigawatt in Orbit by 2027

Musk reiterated today that orbital data centers are the endgame for artificial intelligence (AI) infrastructure, as SpaceX races to build satellites that would deliver 1 gigawatt (GW) of space-based compute…

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Elon Musk’s X Money Rolls Out to Premium+ Users With Up to $10 Million in FDIC Insurance

Elon Musk’s social platform X has begun rolling out its X Money payments service to select Premium+ subscribers, offering up to $10 million in federal deposit insurance through a new…

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Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion

Elon Musk’s SpaceX raised $25 billion in its first-ever corporate bond sale, drawing nearly $90 billion in investor orders, less than two weeks after the company’s record-setting initial public offering…

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Cathie Wood Buys the SpaceX Dip: Ark Invest Adds $32.5 Million as Stock Tumbles 16%

Cathie Wood’s Ark Invest bought roughly $32.5 million of SpaceX stock on the dip, deepening a position it has aggressively built since the company’s record initial public offering (IPO). Buying…

Continue ReadingCathie Wood Buys the SpaceX Dip: Ark Invest Adds $32.5 Million as Stock Tumbles 16%

Elon Musk Says Universal High Income Could Replace Government AI Ownership

Elon Musk says the U.S. Treasury should send money directly to citizens rather than have the government buy stakes in artificial intelligence (AI) companies. Musk Tells Treasury to Send Cash…

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