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Elon Musk has endorsed NVIDIA’s argument that modern AI data centers consume far less water than critics often claim, as the industry faces growing scrutiny over its environmental footprint. Key Points: NVIDIA says new liquid-cooling systems can reduce direct cooling water use from millions of gallo

Wall Street is again betting on a merger between Tesla and SpaceX after the rocket maker's record listing, though analysts caution the combined company would still lose money. Key Points: SpaceX completed the largest IPO on record, and its shares have climbed sharply since the Jun. 12 debut. Renewed

Elon Musk says SpaceX could pull in roughly $1 trillion in annual revenue by 2030, triple the figure his own underwriters project. Key Points: Musk projects close to $1 trillion in SpaceX revenue by 2030, with more the year after. Morgan Stanley, a lead underwriter, models about $330 billion for tha

SpaceX’s record IPO pushed Elon Musk past the trillion-dollar mark, making him the first person known to reach that level of wealth. Key Points: SpaceX raised $75B in its initial public offering Thursday. Musk’s fortune is expected to exceed $1.1 Trillion when trading begins Friday. Investors are pr

Dogecoin (DOGE) is sliding ahead of the historic SpaceX IPO on Jun. 12, failing to draw buyers despite a lunar mission funded entirely in the meme coin. Key Points: DOGE fell 18% between June 1 and June 6, briefly hitting $0.07 for the first time since February 2024. SpaceX lists on the Nasdaq on Ju