SpaceX (SPCX), Elon Musk’s space technology company, reported its first quarterly results as a public company on Tuesday, announcing second-quarter revenue of $7.8 billion. That figure topped Wall Street expectations of $6.9 billion, while …
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- Bitcoin & Ethereum
The New Grok 4.5 Is Out. Elon Musk Says It Competes With Last Year’s Claude Opus
by adminby adminIn brief SpaceXAI released Grok 4.5 on July 8 at $2 per million input tokens and $6 per million output, less than half the price of comparable models from Anthropic and OpenAI. Elon Musk …
Why are American billionaires able to live tax-free? It’s becuase they dont hold any real cash. Rather, they hold billions of dollars in stock, and the country doesn’t tax unrealized gains. But what if …
A widely-tracked 5x-leverage perpetual on Hyperliquid tied to SpaceX’s impending IPO, expected to be the largest in history, has declined for three consecutive weeks. The product, tickered as SPCX, traded near $157 on Wednesday, …
- Web3 Technology
Elon Musk Can’t Sell SpaceX Shares for a Year But Others Can Dump on Day 1
by adminby adminSpaceX is listed on Nasdaq on Thursday, June 11, at $135 a share, the largest IPO in history. Elon Musk cannot sell a single share for a year, but the investors his team personally …
- Crypto Education
Elon Musk’s Fight With Colorado Over AI Law Hits Pause as State Considers Revisions
by adminby adminIn brief xAI and Colorado jointly moved to pause the lawsuit over SB24-205. Enforcement of Colorado’s AI law is on hold while lawmakers consider amendments. The case could resume if revisions fail to address …
- Web3 Technology
Elon Musk’s Grok Most Likely Among Top AI Models to Reinforce Delusions: Study
by adminby adminIn brief Researchers say prolonged chatbot use can amplify delusions and dangerous behavior. Grok ranked as the riskiest model in a new study of major AI chatbots. Claude and GPT-5.2 scored safest, while GPT-4o, …
Elon Musk Loses Again to OpenAI as Judge Dismisses xAI Trade Secret Lawsuit
In brief A federal judge dismissed xAI’s trade secret lawsuit against OpenAI without leave to amend. Judge Rita Lin found xAI failed to show OpenAI induced a former xAI engineer to disclose trade secrets. …
Are retail traders selling bitcoin to buy Elon Musk’s SpaceX IPO?
Some online chatter seems to speculate that retail investors may be selling crypto to chase the biggest IPO ever. The Elon Musk-owned rockets, satellite and AI company SpaceX is selling up to 30% of …
Elon Musk’s social media platform X is set to soon let users trade stocks and cryptocurrencies directly from their timelines as the company pushes deeper into financial services. The upcoming features, described by the …