Elon Musk’s SpaceX has highlighted AI as the tentpole of the company’s future, projecting a multi-trillion-dollar market opportunity that rivals the total value of all US economic activity. But the ...
What S&P Sector is SpaceX likely to be in once it launches on the public markets.
The investment comes as Elon Musk’s AI unit faces complaints about the carbon-emitting units and looks to become a big player in cloud computing.
SpaceX is expected to go public on June 12, with the company looking to raise upwards of $75 billion. IPO documents reveal that xAI spent $12.7bn on AI infrastructure in 2025, and has already invested ...
While SpaceX plans satellite-based AI servers, Bloomberg reports it ran into trouble trying to develop and run Grok AI in Memphis, citing unnamed sources. They claim that deals renting capacity to ...
Bloomberg: SpaceX hit latency issues and chip mismatches connecting Colossus 1 to its other data centres. It rented the facility to Anthropic for $1.25B/month.
Going public could enable Elon Musk to invest in xAI’s Grok chatbot and AI data centers, possibly someday in space. But ...
SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public ...
Anthropic will pay Elon Musk’s SpaceX $1.25 billion a month over the next three years to rent space at the company’s xAI data centers, an IPO filing has revealed.