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The Latest Breaking News from XAI

The $100 Million Man: What the ‘Richest Ever’ Fed Chair Nominee Kevin Warsh, With Investments in Elon Musk’s SpaceX, Means for Your Portfolio

Trump's Fed Chair nominee is set to become the richest ever, with a net worth surpassing $100 million, and investments in some of the biggest names in tech and finance. Here's what that means for your portfolio.

Barchart

Explained: Why Elon Musk and Sam Altman are facing off in trial over OpenAI

The trial will see Elon Musk face off against OpenAI CEO Sam Altman over allegations that the AI company abandoned its nonprofit roots in favour of profit — with Microsoft also named in the suit.

Euronews

While You're Fretting That There's an AI Bubble, You Could Be Missing a Huge Investing Opportunity

AI is this generation's Industrial Revolution. While investors wait for things to "settle down," opportunities to get in on the ground floor are passing by.

Kiplinger

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Elon Musk's xAI discussed partnership with Mistral to try and rival OpenAI and Anthropic, report

Musk's xAI eyed Europe's AI giant Mistral in a bid to challenge OpenAI and Anthropic, according to a report.

Euronews

The dark side of AI —shocking report reveals 11 planned AI data centers connected to OpenAI, Meta and Microsoft could produce more greenhouse gases than Morocco

New AI data centers could emit more greenhouse gases than an entire nation.

TechRadar

Super Micro Computer Stock Plunges on Lost Oracle Contract, but Supply Chain Excesses Could Be the Bigger Problem for SMCI

As investors panic over a lost contract between Super Micro Computer and Oracle, recent supply chain intelligence suggests a much bigger problem exists with its inventory, as slowing business with xAI and other customers weigh on near-term revenue.

Barchart

Grok Service Outages Spark Frustration in 2026 as xAI Struggles With Explosive Demand

Users of Grok, the artificial intelligence chatbot developed by Elon Musk's xAI, have repeatedly complained about service disruptions throughout 2026, with frequent "high demand" errors, temporary unavailability and slower response times prompting questions about infrastructure strain and rapid scaling challenges.

International Business Times

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Elon Musk Reacts With 'Interesting' as China Backs Startup With $8.4 Billion for Orbital Data Centers

Elon Musk responded with a single word Wednesday to news that China is committing massive financial resources to develop orbital data centers, a move that underscores the intensifying global race to harness space for artificial intelligence infrastructure and high-performance computing.

International Business Times

Elon Musk's Net Worth Can Drop $1 Billion For Every $1.93 Dip In Tesla Stock

Elon Musk's net worth often faces massive volatility with Tesla's minute stock fluctuations, given his growing stake of over half a billion common shares.

International Business Times

SpaceX Offers AI Coding Startup Cursor $60B to Save Elon Musk's Failing xAI Software

SpaceX plans to acquire AI startup Cursor for $50 billion, aiming to enhance its software division and compete with industry rivals. The deal highlights Musk's commitment to advancing AI technology.

International Business Times UK

Elon Musk Amplifies Grok AI's Epic Takedown of Midwit in Viral X Post Sparking Truth-Seeking Debate

Elon Musk on Tuesday spotlighted a sharp exchange on his social platform X in which xAI's Grok AI refused to be cornered by a user demanding simplistic yes-or-no answers, instead prioritizing textual evidence and logical substance over a forced binary trap.

International Business Times

Ashley St. Clair Claims Elon Musk's xAI Sued Her After She Complained Grok AI 'Undressed' Her

Ashley St. Clair alleges Elon Musk's xAI generated explicit images of her without consent, leading to a legal dispute over the AI's capabilities and safety concerns.

International Business Times UK

Musk’s Latest Announcement: SpaceX, Grok and What It Means for Investors

SpaceX’s IPO buzz is soaring after its xAI merger. Here’s what the massive valuation, retail access and Musk’s strategy could end up meaning for investors.

GOBankingRates

Musk’s SpaceX is shaping up as the biggest IPO on record. It’s also bending the rules to do so

Elon Musk’s space exploration company SpaceX has filed confidential papers ahead of a planned public company listing on the US NASDAQ stock exchange.

The Conversation

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InsideEVs

SpaceX Bought Nearly 20% Of Tesla Cybertrucks Sold In Q4

A new report suggests that Elon Musk's other companies may have purchased nearly 20% of the Tesla Cybertrucks sold in Q4 2025.

inkl

SpaceX’s $1.75T Ambition Tests Market Liquidity and Investor Confidence

Preparations for what could be the largest IPO in history are shaping a new investment reality for SpaceX, in which the scale of its ambitions collides with questions about the sustainability of its business model. Preliminary estimates suggest a capitalization of $1.75 trillion, with a targeted raise of approximately $75…

The Guardian - US

NAACP lawsuit accuses Elon Musk’s xAI of polluting Black neighborhoods near Memphis

Suit alleges the billionaire’s AI company is illegally spewing toxic pollutants from its datacenters in the Memphis area

International Business Times UK

Will SpaceX's $5B Loss Hurt Its $2T Valuation? Reasons Why The Impact May Be Limited

SpaceX's 2025 losses were reportedly $5 billion largely due to the drag from the acquisition and integration of Elon Musk's startup xAI.

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International Business Times UK

Who is Emil Michael? Pentagon Official Sold xAI Stake for $24M After Landing Defense Deal

How Emil Michael turned a $1M investment into a $24M profit with xAI, while navigating his influential role in Pentagon AI projects and facing ethical scrutiny. Learn more about the intersection of AI, military, and ethics.

The Guardian - US

Elon Musk’s xAI sues Colorado over new rules for artificial intelligence

Company claims law regulating AI systems, set to go into effect in June, infringes on its first amendment rights

The Guardian - US

US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests

Barchart

Dear Future SpaceX Stock Investors, Mark Your Calendars for June 11

Elon Musk’s SpaceX is racing toward a record‑setting June IPO at a proposed $1.75 trillion valuation, fueled by Starlink’s booming subscriber base, huge government contracts, and an aggressive Starship and orbital‑data‑center expansion plan.

MarketBeat

Intel's New Orbit: From Chip Lag to Leading Edge

Intel solidifies its foundry future by securing a landmark partnership with SpaceX and Tesla, positioning itself at the center of AI chip manufacturing.

GOBankingRates

SpaceX Could Be the Biggest IPO Ever — How Much of an Investment Is Enough to Get Rich?

SpaceX’s IPO could be historic. Find out what kind of investment you would need to get life‑changing wealth from this potential opportunity.

Tom’s Hardware

Intel joins Elon Musk's TeraFab project — 'Intel is proud to join the Terafab project with SpaceX, xAI, and Tesla to help refactor silicon fab technology'

As Intel joins Elon Musk's TeraFab project, Lip-Bu Tan expects Elon Musk to reimagine the semiconductor industry.

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People

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