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SpaceX has become the most shorted large public company in the United States, with bears wagering more than $26 billion against Elon Musk's rocket and satellite firm. Key Points: SpaceX short interest has reached roughly a third of the company's tradable float, the largest such position among major

Elon Musk denied a Wall Street Journal report that Tesla could separate its China business to clear geopolitical obstacles for a possible merger with SpaceX. Key Points: Musk said discussions about separating Tesla's China operation had never occurred at any level inside the company. Tesla China als

Elon Musk said SpaceXAI will release Grok 4.6 around Aug. 7 and follow it weeks later with Grok 4.7, a larger 2.1 trillion parameter model. Key Points: Musk put Grok 4.6 on a target of roughly Aug. 7, with Grok 4.7 a few weeks behind it. He described the follow-up as a 2.1 trillion parameter model t

Elon Musk's X Money opened to U.S. Premium and Premium+ subscribers Monday with a 6% deposit yield, a metal Visa card and no crypto support. Key Points: X Money went wide on Jul. 27 for U.S. Premium and Premium+ subscribers, ending an invite-only beta. Deposits sit at Cross River Bank, insured to $2

Elon Musk declined to rule out merging Tesla and SpaceX** on Wednesday's earnings call, and one analyst promptly lifted his odds of a deal to 90%. A SpaceX takeover of Tesla would be paid for in shares that have lost roughly 50% since their June peak, and that arithmetic moves the terms daily. Key P