President Donald Trump recently revealed that he purchased up to $50,000 in SpaceX shares on June 23, shortly after the company’s record-setting initial public offering (IPO). This information was disclosed in a financial report first reported by Reuters. At the time of the purchase, SpaceX shares had dropped from their peak of over $200 and […]
A woman, identified as Jane Doe 4, has joined a lawsuit initiated by three Tennessee teenagers against Elon Musk’s xAI, accusing the company of enabling the creation of child sexual abuse material through its chatbot, Grok. The woman claims that her stepfather exploited Grok to digitally manipulate a photo of her taken when she was […]
SpaceX has significantly increased its acquisition of Tesla Megapacks, totaling $329 million in purchases this year, according to recent earnings reports. Of this amount, $295 million was spent in the second quarter alone. This surge in spending not only highlights SpaceX’s ambitions but also illustrates the deep connections within Elon Musk’s enterprises. Musk, who leads […]
A U.S. District Judge, Donovan Frank, has ruled against xAI’s request to block a Minnesota law that bans apps capable of "nudifying" images. The ruling allows the law to come into effect as scheduled on August 1, 2026. Judge Frank noted that xAI’s lawsuit was filed nearly three months after the law was signed, and […]
Elon Musk’s SpaceX has presented a prototype of a "handset-like" AI device to investors, according to reports from The Wall Street Journal. This device is claimed to be thinner and sleeker than an iPhone, suggesting it might sit between a small touchscreen phone and an innovative gadget like the Rabbit R1. SpaceX indicated to stakeholders […]
SpaceX has generated significant intrigue over the years, largely due to its reusable rocket technology, the expansion of its Starlink satellite network, and the prominence of its founder, Elon Musk. However, the company’s recent initial public offering (IPO) has drawn unprecedented attention. Valued at a staggering $135 per share, SpaceX has priced 555.6 million shares, […]