SpaceX in Talks to Borrow $40 Billion for Nvidia AI Chips
SpaceX is discussing $40 billion in financing for Nvidia chips, with Apollo expected to lead the deal as its AI spending accelerates.
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SpaceX is discussing $40 billion in financing for Nvidia chips, with Apollo expected to lead the deal as its AI spending accelerates.
SpaceX’s SPCX shares traded above $175 on October 6, lifting its estimated value beyond $2.3 trillion as investors assess Starlink growth and AI spending.
Forbes puts Elon Musk’s fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX’s June IPO.
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.
Tesla has opened its first high-volume Semi factory in Nevada and begun deliveries to major customers as the EV maker targets annual production capacity of 50,000 electric trucks.
Paramount is considering asking Elon Musk to join a group of equity investors as it prepares to complete its $110 billion acquisition of Warner Bros. Discovery.
X has connected stock and crypto Cashtags to Coinbase, Kraken and other major trading platforms, allowing U.S. users to move directly from market conversations to participating brokers and exchanges.
Elon Musk’s SpaceXAI has launched Grok 4.7, its most powerful model for coding and knowledge work, claiming twice the speed at half the price of comparable frontier AI models.
X has launched a U.S. Cashtag Program that connects stock and cryptocurrency tickers with price charts, market discussions and trading links through participating brokerages and crypto exchanges.
Elon Musk says he is living in an Airstream trailer at xAI’s Memphis data center site as the billionaire personally oversees one of the AI company’s biggest infrastructure expansions.
Elon Musk’s Boring Company has reached a $23 billion valuation after raising $3 billion in a UAE-led financing round as the tunneling startup expands aggressively into the Middle East.
Elon Musk’s X has expanded X Money to all Premium and Premium+ subscribers in the United States, marking another step toward transforming the social network into an “everything app.”
OpenAI plans to end its partnership with Cursor and cut direct access to its AI models following the coding platform’s acquisition by SpaceX.
SpaceXAI and Cursor have launched Grok Bot, an AI agent with its own cloud computer that can independently use websites, applications, and user accounts to complete tasks.
xAI has launched Imagine Image 2.0, the latest version of its AI image generation model, expanding its multimodal artificial intelligence platform.