Bloomberg ·
SpaceX approached Cognition about a potential acquisition, but Cognition didn't engage; Cognition CEO Scott Wu says the company is "not for sale"
SpaceX Attempted to Buy AI Coding Startup Cognition
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Bloomberg ·
SpaceX closes its $60B acquisition of Cursor, two months after SpaceX formally announced it had agreed to acquire the startup
SpaceX has completed a $60 billion acquisition of artificial intelligence coding startup Cursor, a key part of Elon Musk's bid to gain ground on rivals Anthropic PBC and OpenAI.
Lynn Doan / Bloomberg ·
Filing: Nvidia has a nearly $21B stake in SpaceX and a $30B stake in Intel; Nvidia invested as much as $2B in xAI in 2025 and $5B in Intel
Nvidia Corp. on Friday disclosed a nearly $21 billion stake in Elon Musk's SpaceX and a $30 billion one in Intel Corp.
Natasha Mascarenhas / Bloomberg ·
Investor letter: Thrive's 2022 early-stage $516M fund that invested in OpenAI and SpaceX was worth $3.7B+ as of the end of June, net of fees and other charges
Thrive Capital's 2022 early-stage venture capital fund, a $516 million investment vehicle that made early bets on OpenAI …
xAI ·
SpaceXAI releases Grok 4.6, saying it matches GPT-5.6 Sol on the Artificial Analysis Intelligence Index, and prices it at $2/1M input and $6/1M output tokens
Grok 4.6 builds on Grok 4.5 with a particular focus on long-running agents and more ambitious interactive and visual work.
Zac Hall / 9to5Mac ·
SpaceXAI rolls out Grok Bot AI agent app in beta on Mac, iOS, Windows, and Linux, initially for SuperGrok Heavy, Cursor Ultra, and Cursor Teams Premium users
SpaceXAI and Cursor are in the process of becoming a single company, but first, the two firms are releasing an all-new iPhone and Mac app called Grok Bot.
Wall Street Journal ·
How a clause in Elon Musk's Tesla pay package, worth up to ~$1T, could provide him a shortcut around lofty performance targets if Tesla merged with SpaceX
A critical clause in the CEO's Tesla stock award would wipe away lofty performance targets if a merger happened
Mike Masnick / Techdirt ·
SpaceX's earnings show X's Q2 ad revenue at $367M, down from Twitter's $1.08B in Q2 2022; Elon Musk said he would take X's annual ad revenue to $12B in 2027
When SpaceX filed for its IPO, we went through the S-1 to point out just how far off the mark Elon Musk's predictions about his Twitter takeover turned out to be.
SemiAnalysis ·
Analysis: SpaceX is on track to build ~10 GW of compute capacity by 2027's end, with 6 GW-8 GW in 2027 alone, which could drive $300B in annual revenue run-rate
Inference at 100B/GW/year, SpaceX's stellar pace, Microsoft's 10GW 2026 Awakening, Azure Can Grow Triple-Digits
Grace Kay / The Information ·
Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out
Cursor told staff at an all-hands meeting on Thursday that SpaceX could complete its $60 billion acquisition of the coding startup …
Reuters ·
SpaceX and Tesla plan to initially invest $16.8B to build Terafab in Grimes County, Texas; combined demand from SpaceX and Tesla is forecast to top 1 TW
Elon Musk's SpaceX <SPCX.O> and Tesla <TSLA.O> will initially invest $16.8 billion to build Terafab, an advanced AI semiconductor complex …
Artificial Analysis ·
Meta's Muse Spark 1.2 scores 54 on the Artificial Analysis Intelligence Index, putting Meta next to SpaceXAI in a tie for third place amongst US labs
Muse Spark 1.2 (xhigh) lands at 54, up 3 points from Muse Spark 1.1 (51) and 11 points from Muse Spark 1.0 (43, April).
Shubhangi Goel / Business Insider ·
Elon Musk says SpaceX has decided to "build exclusively on Nvidia because we think the Vera Rubin architecture is the best architecture"
SpaceX says it's ready to be a one-chip supplier company.
Todd Bishop / GeekWire ·
SpaceX reports Q2 revenue from connectivity, including Starlink, up 66% YoY to $4.29B, vs. $3.83B est., and Starlink subscribers up 100% to 12M, vs. 12.19M est.
The satellites rolling off the line in Redmond, Wash., are paying for Elon Musk's AI ambitions
Emma Roth / The Verge ·
Rocket Lab plans to acquire Iridium for $8B and combine Rocket Lab's launch services with Iridium's satellite-based communications network to rival SpaceX
Iridium's constellation of 66 satellites provides communications for 2.5 million subscribers.
Tripp Mickle / New York Times ·
Intel has promised to deliver SpaceX and Apple a toolkit this fall to test its 14A node before they make final commitments to produce chips with Intel
At a tech conference in San Francisco this week, admirers surrounded Lip-Bu Tan, the chief executive of Intel …
Kelcee Griffis / Bloomberg ·
SpaceX and Charter have held executive-level talks on a consumer mobile phone offering, which would help SpaceX become a DTC mobile phone provider
SpaceX and Charter Communications Inc. have held executive-level talks about partnering on a consumer mobile phone offering, according to people familiar with the matter.
Samantha Subin / CNBC ·
SpaceX announces an offering of senior unsecured notes and discloses it has ~$100.8B in cash; SPCX closes down 16.43% in its third consecutive losing session
SpaceX on Monday announced a senior unsecured notes offering and disclosed about $100.8 billion in cash.
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