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The Latest Breaking News from SpaceX

AI arms race approaches IPO reckoning

OpenAI, Anthropic and xAI — now with SpaceX — are all barreling toward watershed IPOs.

Axios

Scott Galloway predicts OpenAI could pull its IPO amid AI ‘vibe shift’ as investors ‘gag’ on Trump proximity, questionable revenue

“Sustainable advantage is really, really thin,” the NYU professor said of the potential $830 billion IPO.

Fortune

Elon Musk vows to put a million satellites in orbit to create huge AI data centers

‘Space-based AI is obviously the only way to scale,’ Musk wrote on SpaceX’s website Monday

The Independent UK

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Cruz’s satellite licensing bill faces longer delay

A bill intended to speed up approval of new satellites remains on hold after a Senate panel did not return to work on the proposal Wednesday.

Roll Call

Should You Buy Tesla Stock After the SpaceX-xAI Merger?

Should you buy, sell, or hold TSLA following the merger of SpaceX with xAI?

Barchart

Stock Index Futures Steady After Tech-Led Selloff, U.S. ADP Jobs Report and Alphabet Earnings in Focus

March S&P 500 E-Mini futures (ESH26) are up +0.11%, and March Nasdaq 100 E-Mini futures (NQH26) are up +0.01% this morning, steadying after yesterday’s tech-led selloff, while investors await the U.S. ADP employment report and a slew of corporate earnings reports, with a particular focus on results from “Magnificent Seven”…

Barchart

SpaceX hits €1.06tn after xAI merger as Musk consolidates empire

A €1.06tn valuation for the combined SpaceX-xAI business narrows the gap with Tesla, as Musk leans harder into AI and space while Tesla fights slowing growth and a shrinking subsidy backdrop.

Euronews

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Musk insists that 'the lowest cost way to generate AI compute will be in space' within three years after SpaceX acquired xAI, but that timeline is more science fiction than strategy

Musk’s timeline for cheap AI compute in orbit after SpaceX bought xAI ignores the massive logistical and physical hurdles that remain.

TechRadar

Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan

The head of Amazon’s cloud business says major obstacles need to be overcome before space-based data centers are a reality.

Fortune

Nasdaq Slides 1.4% on Big Tech Questions: Stock Market Today

Palantir Technologies proves at least one publicly traded company can spend a lot of money on AI and make a lot of money on AI.

Kiplinger

SpaceX grounds its Falcon 9 rocket after a problem with its upper stage. Will the Crew-12 astronaut mission be affected?

SpaceX has temporarily grounded its Falcon 9 rocket after an upper stage failed to deorbit as planned during a Feb. 2 launch. Will the issue affect the company's Crew-12 astronaut mission?

Space

Elon Musk is taking SpaceX’s minority shareholders for a ride

Merger with loss-making xAI looks to some investors more like a bailout than a rocket trip to the future

The Guardian - UK

Senate panel delays action on satellite licensing bill

Proposal would speed federal approval of new satellites as SpaceX seeks to build a large constellation of AI data satellites.

Roll Call

Waymo's World Domination Plans Just Got A $16 Billion Boost

Today on Critical Materials: Waymo gets $16 billion, SpaceX buys xAI and California's new EV tax credit starts to take shape.

InsideEVs

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TechRadar

Elon Musk says a 'sentient sun' built from a million satellites is the aim of the SpaceX and xAI merger – but big questions remain

SpaceX and xAI are teaming up, which should speed up efforts to move AI infrastructure out into space.

Tom’s Hardware

SpaceX acquires xAI in a bid to make orbiting data centers a reality — Musk plans to launch a million tons of satellites annually, targets 1TW/year of space-based compute capacity

Elon Musk merges SpaceX and xAI to help achieve his dreams of putting AI data centers in orbit, with a goal of hitting 100 gigawatts of compute in space.

The Times of India

MrBeast mocks Elon Musk’s SpaceX and xAI merger announcement with a cheeky tweet that sends X into a frenzy

MrBeast sparked online buzz after joking about Elon Musk’s announcement that SpaceX and xAI have merged into one company. Responding to Musk’s celebratory post, the YouTuber quipped about posting on a SpaceX-owned platform, sending X into a frenzy. The lighthearted jab drew widespread reactions and briefly stole attention from the…

Barchart

Nasdaq Futures Climb on Blowout Palantir Results

March Nasdaq 100 E-Mini futures (NQH26) are trending up +0.41% this morning as forecast-beating quarterly results and guidance from Palantir Technologies boosted sentiment.

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news in one place.

100's of premium titles.
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Euronews

Fact check: Is Elon Musk allowing Russia to use Starlink to attack Ukraine?

Claims that Russian forces are increasingly accessing Starlink in Ukraine have prompted questions about how the technology works and why restricting access is complex.

The Guardian - UK

FTSE 100 falls back from record high amid AI worries; gold heads for best day since 2008 – as it happened

Rolling coverage of the latest economic and financial news

The Times of India

One million AI satellites to orbit Earth? SpaceX's mind-blowing plan of data centers in outer space explained

SpaceX has proposed a radical plan to deploy up to a million solar-powered satellites as orbital data centers for AI. This ambitious project aims to meet soaring AI compute demands, offering potential energy efficiency over terrestrial facilities. While promising a revolution in computing, the proposal faces significant concerns regarding space…

The Guardian - US

Trump news at a glance: Trevor Noah’s Grammys joke hit a sour note for Trump

President threatens to sue comedian over joke about Epstein island

The Independent UK

FAA warns airlines that exploding rockets could ‘significantly reduce safety’ for commercial flights after string of test failures by Elon Musk’s Starship

Bulletin came after reports that multiple passenger flights were forced to take evasive action after SpaceX’s latest project broke up in flight above the Caribbean

Fortune

Elon Musk’s SpaceX buys xAI in stunning deal valued at $1.25 trillion ahead of looming IPO

“My estimate is that within two to three years, the lowest cost way to generate AI compute will be in space,” Musk wrote in a post on SpaceX’s website on Monday.

The Guardian - US

Elon Musk merges SpaceX with xAI at $1.25tn valuation

Aerospace business and artificial intelligence firm to unite for IPO as world’s most valuable private company

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