Elon

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 …

In 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 …

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. …

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, …

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 …

In 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 …