SpaceX is a US spaceflight and satellite communications company that operates Falcon rockets, Starship and the Starlink network, and also runs an AI division. Recent coverage has focused on its finances and AI expansion: third-quarter revenue rose 161% year over year to $14.6 billion, with AI segment revenue up 830% to $7.6 billion. SpaceX closed a $40 billion debt raise to buy Nvidia chips, formed special committees with Tesla to discuss a merger, and counts Anthropic as its largest AI customer, at more than a third of that division's revenue.
NAACP lawsuit over xAI data center pollution proceedsA federal judge denied xAI's motion to dismiss an NAACP Clean Air Act lawsuit alleging the company ran at least 35 gas turbines at its Memphis Colossus data center without required permits. The judge ruled the turbines are not mobile sources and that citizen suits are constitutional, allowing the case to proceed.
Tech leaders adopt Trump's "Super Intelligence" rebrand of AIAfter Trump ordered government documents to replace "AI" with "Super Intelligence" (SI) via executive order, Microsoft, SpaceX, Meta, Tesla and IBM used the term in earnings-season filings. One SpaceX filing used SI 85 times, and Microsoft heralded a "Super Intelligence era."
Google's first data center satellite goes online in orbitGoogle's Suncatcher prototype space data center is online after about three weeks of commissioning. The satellite carries four TPUs and generates up to 1 kW, so only one TPU can run at a time for roughly 20 minutes. The preloaded DeepMind Gemma 4 model wrote space-themed verse and reported orbital conditions; thermal and radiation tests are next.
Anthropic files 335-page S-1 prospectusAnthropic filed a 335-page S-1 prospectus on Monday, with an opening letter asking investors to believe a technology that could pose catastrophic risks or bring forth an age of miracles. The Verge frames it as part of a steady hype escalation between Silicon Valley and Wall Street.
Wall Street execs expect OpenAI IPO in Q1 2027OpenAI says it has no IPO plans this year, but Wall Street executives reportedly expect a listing in the first quarter of 2027. OpenAI is raising about $300 billion at a $1 trillion valuation, while rival Anthropic has filed its S-1 in a deal that could value it at up to $2 trillion.
Anthropic is SpaceX's largest customer, over a third of revenueAnthropic is SpaceX's largest single customer, accounting for more than a third of revenue for its AI division in Q3, a person familiar said. A SpaceX filing showed about 34.5% of quarterly revenue came from one client, identified only as "Customer B."
Tesla gives up EV crown, pivots to autonomy raceAfter losing its EV crown, Tesla is pivoting to autonomous driving and software services for recurring revenue. Musk revealed Tesla and SpaceX are exploring a merger to accelerate autonomy.
SpaceX closes $40B debt deal to buy Nvidia chipsMusk said SpaceX closed a $40 billion debt raise to buy Nvidia GPUs for its AI ambitions. He cited its investment-grade ratings plus Starlink and launch revenue for the off-balance-sheet deal, distinguishing SpaceX from neoclouds facing scrutiny over heavy borrowing.
Anthropic, OpenAI and Musk unveil plans to return wealth to societyFacing criticism that AI destroys jobs and concentrates wealth, Anthropic will contribute a 5% stake to a public-interest fund, adding 2% each time its value rises 50%; OpenAI funds AI research and job-loss responses via its foundation; Musk pledged SpaceX shares to U.S. children. The pledges could total tens of billions of dollars.
SpaceX Q3 AI revenue jumps 830%, seen as boost for Nvidia and CoreWeaveSpaceX reported third-quarter revenue up 161% year over year to $14.6 billion, with its Super Intelligence AI segment revenue surging 830% to $7.6 billion and AI capex reaching $16.4 billion. The article argues that strong AI compute demand benefits Nvidia and CoreWeave.
Musk wants SpaceX-Tesla merger; Meta deal to keep ZuckerbergElon Musk wants a SpaceX-Tesla merger, Meta made a deal to keep Mark Zuckerberg, and the battle of the AI agents is intensifying.
OpenAI seeks funding as AI trade gets reassessedBloomberg's program reported that OpenAI is seeking fresh funding as investors reassess the AI trade, while SpaceX explores a push into wireless. The show also covered prediction markets and crypto regulation.
SpaceX and Tesla Form Special Committees to Discuss MergerSpaceX and Tesla have formed special committees to discuss a merger. SpaceX's credit risk is high as it is about to borrow another $40 billion to spend on Nvidia chips. The merger's appeal depends on belief in Musk's Mars vision.
Investor calls SpaceX 'most egregiously overpriced' as AI trade concerns hit stocksGeorge Noble of Noble Capital Advisors called SpaceX the 'most egregiously overpriced company at scale' and discussed the outlook for the AI trade, including Coreweave. Meanwhile, oil price spikes and renewed AI trade concerns pushed investors toward bonds, dragging stocks lower.
SpaceX works with Apollo, Nvidia on Grok partnership programSpaceX is working with Apollo Global Management, Nvidia and dozens of other firms on a partnership program to deploy and improve its Grok AI systems, aiming to boost business adoption of its AI offerings.
Nvidia portfolio 80% concentrated in two AI stocksAs of Q2, 80% of Nvidia's investment portfolio was concentrated in two AI-related stocks: SpaceX at 33% and Intel at 47%. SpaceX's Q3 revenue grew 161% year-over-year to $14.6 billion, with AI business revenue up over 800%. The company has said it would rent data center capacity to Anthropic, Google, and others.
Musk Says SpaceX and Tesla Are Exploring a MergerElon Musk said SpaceX and Tesla are exploring a merger, according to The New York Times. If realized, the deal would combine two companies led by Musk, though no further details were disclosed.
SpaceX turns profitable as AI now makes up 52% of revenueSpaceX reported $4.4 billion net income on $14.6 billion revenue in Q3, with AI (Grok, Cursor, and data centers) accounting for 52% of income. It is building a second data center, Colossus II, and continuing Starship investment.
Anthropic silent on whether it will distribute shares to the publicAnthropic said it will commit 5% of its shares to a new Anthropic Public Benefit Fund, with up to 2% more for every 50% increase in company value, totaling roughly 20% of shares for the public good. The company did not respond to questions about distributing shares directly to American children or families. Elon Musk urged giving shares directly to the public and pledged one SpaceX share to every US child next year.
SpaceX, Meta earnings to test AI monetizationBloomberg Intelligence analyst Mandeep Singh says this week's tech earnings could shift the recent market rebound, amid concerns over financing and cloud business volatility, with SpaceX and Meta results testing AI monetization progress.
AI stocks face earnings test as spending jitters mountAfter CoreWeave's sell-off last week, investors are focused on returns from large AI investments. Earnings this week from Meta, Texas Instruments and Lam Research, among others, could move AI stocks based on management commentary on spending.
Musk pledges SpaceX shares to every American childElon Musk said in a post on X that he will give a share of SpaceX to each American child. The statement came hours after AI rival Anthropic PBC said it would set aside a portion of its shares for the public benefit, though the post gave no further details.
OpenAI poaches another SpaceX AI sales leadOpenAI has hired Graham Seamans, who led xAI's sales team at SpaceX, to head sales for its cybersecurity business, the latest sales executive OpenAI has recruited from Elon Musk's AI venture.
Big Tech earnings meet AI anxietyBloomberg's show noted Big Tech earnings are in high gear as AI anxiety rattles investors, while Fed Chair Kevin Warsh stayed silent on rates, fueling bets the Fed holds steady this month. Tesla's Roadster was revealed using SpaceX technology, and Netflix saw a major shakeup at the top.
SpaceX explores Anthropic-style approach to AI risk assessmentSpaceX is reportedly exploring an Anthropic-style approach to assessing artificial intelligence risks, signaling that space companies are beginning to factor AI safety evaluation into their work.
Inside Blackstone's massive bet on the AI boomBloomberg reports Blackstone has built one of Wall Street's broadest AI bets, spanning data centers, power and cooling, chip financing, and companies including OpenAI, Anthropic and SpaceX. President and COO Jon Gray spotted the infrastructure opportunity early and sees AI as a generational economic shift.
Anthropic IPO may value it at $2T amid $42B lossAnthropic's IPO prospectus shows 2025 revenue up 1,050% to $4.6 billion, with net losses of $42 billion, about $34 billion from an accounting charge and roughly $8 billion operating loss. A $2 trillion IPO valuation would make it the largest ever.
Musk's Terafab chip plan could make Intel an AI winnerElon Musk's Terafab project plans a semiconductor manufacturing site in Texas, with Tesla and SpaceX committing $16.8 billion for phase one and targeting annual chip output to support 1 terawatt of computing. Intel's confirmed participation could give its foundry business a major customer.
SpaceX Agrees to Testify on AI Safety to NYC Council After SubpoenaSpaceX has agreed to testify before the New York City Council regarding AI safety after receiving a subpoena.
SpaceX vs. Micron: which AI stock is the better five-year buyMotley Fool compares SpaceX and Micron as AI stocks, arguing SpaceX is the better long-term buy. It cites SpaceX recouping AI infrastructure spending within a year via short leases, an $84.5B deal with Anthropic at $1.25B per month, capacity near 2GW by end-2026, and the Cursor acquisition for AI coding.
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