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SpaceX is preparing the largest stock market debut in history, with a Nasdaq listing expected Jun. 12 that has investors scrambling for ways to own a piece. Key Points: SpaceX targets a Jun. 12 Nasdaq debut under the ticker SPCX, with pricing set a day earlier. The offering could raise about $75 bil

Anthropic has agreed to pay Elon Musk's xAI roughly $1.25 billion a month through May 2029 for computing capacity at the Colossus 1 data center in Memphis. Key Points: Anthropic will pay about $1.25 billion a month for Colossus 1 compute through May 2029, more than $40 billion across the full term.

Elon Musk's SpaceX publicly filed its IPO prospectus on May 20, disclosing 18,712 Bitcoin (BTC) worth $1.29 billion on its balance sheet. SpaceX Files SPCX Listing The rocket and satellite company submitted its S-1 registration statement to the U.S. Securities and Exchange Commission on Wednesday, c

A federal jury in Oakland unanimously rejected Elon Musk's $150 billion lawsuit against OpenAI, ruling Monday that he waited too long to sue. Jury Rejects $150B Claim The verdict, reported by NBC News, ended a three-week trial that had gripped Silicon Valley and threatened to redraw the artificial i

Sam Altman took the stand Tuesday in Oakland, defending OpenAI against Elon Musk's claim he "stole a charity," while admitting an indirect equity stake. Altman Recounts Musk's Exit Altman testified for roughly four hours at the federal courthouse in Oakland, California, where Musk's 2024 lawsuit acc