Elon Musk said SpaceX has closed a $40 billion callable debt package to buy AI GPUs, using a special‑purpose vehicle to keep the liability off its balance sheet.
Posts tagged as “Elon Musk”
SpaceX and Tesla have set up special committees to discuss a possible merger, as both companies report rising AI‑related revenues and overlapping technology projects.
Elon Musk confirmed that special committees at Tesla and SpaceX are examining a possible merger, noting shareholder approval would be required.
Elon Musk announced a plan to give one SpaceX share to every child in America, using tax‑advantaged “Trump Accounts” that the White House says now number over 70 million.
Elon Musk accused Reliance Industries chief Mukesh Ambani of blocking Starlink in India, while the Indian communications ministry defended its regulatory process.
Elon Musk announced the rebranding of SpaceX’s AI division to SpaceXSI, aligning with President Donald Trump’s recent executive order to refer to artificial intelligence as “Super Intelligence.”
Shivon Zilis, a former Tesla executive and current Neuralink employee, posted on X that her long‑term relationship with Elon Musk has ended.
The U.S. Justice Department filed a brief with the EU’s General Court to support Elon Musk’s effort to overturn a €120 million fine imposed on X under the Digital Services Act.
Elon Musk announced that The Boring Company is planning a 'simple precursor Hyperloop' to cut travel between Austin and San Antonio to under 30 minutes, amid mixed reactions and a recent $3 billion funding round.
Following its IPO, SpaceX stock is now in a 'faith phase' as analysts weigh ambitious future goals against current market performance. The stock saw a nearly 7% drop.