AI, SpaceX and Cursor
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Tesla shares could be overshadowed by the aerospace company’s record-breaking $1.75 trillion public offering and what some investors see as more “sizzle.”
By Svea Herbst-Bayliss NEW YORK, April 23 (Reuters) - Elon Musk's SpaceX will count on the enhanced protection of Texas law to potentially fend off any hostile bidder or activist investor pushing for changes at the company,
Partnering with Cursor could be a crucial step for Elon Musk to get ahead of AI rivals like OpenAI and Anthropic.
SpaceX is expected to undertake its IPO later this year, giving investors more options in the space industry. Upstart competitor RocketLab, which has focused on smaller rockets, is starting to shift into SpaceX's lane.
By Echo Wang and David French NEW YORK, April 23 (Reuters) - Elon Musk's SpaceX took out a $20 billion bridge loan last month to refinance much of its existing debt ahead of its blockbuster U.S. initial public offering,
SpaceX eyes 12th Starship launch, marking a pivotal step in getting humans back to the lunar surface
An important step forward in long-duration spaceflight, the highly anticipated 12th launch of Starship, a fully reusable spacecraft designed for missions to the moon, is approaching.
The award, announced April 22, calls for the demonstration to be completed by April 2027.
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Exclusive: SpaceX warns that inquiries into sexually abusive AI imagery may hurt market access
By Raphael Satter, Echo Wang and Jeffrey Dastin MEMPHIS, Tennessee, April 23 (Reuters) - The multiple investigations into xAI’s creation and dissemination of sexually abusive imagery may lead the company to lose access to certain markets,
Tesla reports earnings today, but investors' eyes might ultimately be on another one of Elon Musk's prizes.
IPO investors could be spoiled this year, as three AI juggernauts in SpaceX, OpenAI, and Anthropic look to go public. Undoubtedly, it’s quite unusual to have such mega-cap tech titans land on the public markets with valuations in the hundreds of billions,
By Echo Wang and Deepa Seetharaman NEW YORK/SAN FRANCISCO, April 23 (Reuters) - Over the last quarter century, Elon Musk revived space travel, turning cosmic exploration into thriving businesses. For its next act,
SpaceX plans to manufacture its own GPUs as part of AI expansion, while warning investors of chip supply risks ahead of its expected IPO filing.