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#SpaceX

Articles tagged SpaceX.

Mississippi Says SpaceXAI Started Building in Southaven Without Stormwater Permits
Policy & Regulation

Mississippi Says SpaceXAI Started Building in Southaven Without Stormwater Permits

Mississippi's environmental regulator says a SpaceXAI subsidiary started work on about 30 acres in Southaven before it had stormwater permits, with penalties of up to $25,000 a day. SpaceXAI told investors the fines could reach $6.1 million.

Nadia Rao
SpaceX 800 MHz Deal: What Starlink Mobile Bought and What the FCC Still Has to Approve
Policy & Regulation

SpaceX 800 MHz Deal: What Starlink Mobile Bought and What the FCC Still Has to Approve

SpaceX agreed to buy 14 megahertz of nationwide 800 MHz spectrum from Grain Management for a reported $8 billion, giving Starlink Mobile indoor coverage. The transfer needs FCC approval, and carrier shares fell as much as 13% the next day.

Nadia Rao
Anthropic Moved Its IPO to November, and the Raise Could Top SpaceX's Record
Markets & Money

Anthropic Moved Its IPO to November, and the Raise Could Top SpaceX's Record

Anthropic is now targeting a November IPO that could value it near $2 trillion and raise as much as $100 billion, the Wall Street Journal and New York Times reported September 18. The later date lets its prospectus carry third-quarter results.

Sam Whitaker
OpenAI Is Cutting Cursor Off in November, Citing SpaceX's Takeover
AI & ML

OpenAI Is Cutting Cursor Off in November, Citing SpaceX's Takeover

OpenAI told SpaceX it will wind down the contract supplying its models to Cursor, with a proposed cutoff of November 12. It invoked a change-of-control clause triggered by the $60 billion Anysphere acquisition and cited past contract breaches by Musk companies.

Maya Iverson
Musk's Terafab Picked Its Texas Site. Intel Foundry Is the One Building It.
Hardware & Devices

Musk's Terafab Picked Its Texas Site. Intel Foundry Is the One Building It.

Tesla and SpaceX confirmed Grimes County, Texas for Terafab with a $16.8 billion first phase and more than 100 million square feet planned. The manufacturing partner is Intel Foundry, running its 18A node, which makes this the largest external foundry contract in Intel's history.

Maya Iverson
SpaceX Grew Revenue 92% in Its First Public Quarter. AI Spending Ate the Result.
Markets & Money

SpaceX Grew Revenue 92% in Its First Public Quarter. AI Spending Ate the Result.

SpaceX reported $7.8 billion in Q2 revenue, up 92%, in its first quarter as a public company. AI infrastructure spending doubled to $15.8 billion, the AI segment lost $1.26 billion, and the stock is down 24% since its debut.

Sam Whitaker
OpenAI Reportedly Pushing Its IPO to Next Year After Watching SpaceX
Startups & Funding

OpenAI Reportedly Pushing Its IPO to Next Year After Watching SpaceX

OpenAI is considering delaying its IPO to next year, per the New York Times, citing SpaceX's weak post-IPO trade and broader AI-share volatility. The S-1 filing timing we covered ten days ago is already getting restructured.

Jordan Beck
Daily Roundup, June 16: Capital, Talent, and Regulation All Moved at Once
Big Tech

Daily Roundup, June 16: Capital, Talent, and Regulation All Moved at Once

Eight stories in three buckets: Anthropic's flagship got shut down by Commerce, SpaceX raised the largest IPO in history and spent $60B on Cursor in five days, and Google's two most decorated AI researchers walked.

Maya Iverson
SpaceX Raised $75B in the Largest IPO Ever, Then Spent $60B on Cursor in Five Days
Big Tech

SpaceX Raised $75B in the Largest IPO Ever, Then Spent $60B on Cursor in Five Days

SpaceX priced its IPO at $135 on June 11, the largest in history. Shares closed day one at $160.95. By June 16 Musk used the newly public stock as currency for a $60 billion all-stock acquisition of Cursor.

Sam Whitaker
Cursor Was a Top-Tier Anthropic Customer. SpaceX Just Bought It.
AI & ML

Cursor Was a Top-Tier Anthropic Customer. SpaceX Just Bought It.

Cursor, the AI coding tool SpaceX just acquired for $60 billion, ran the bulk of its inference on Claude. The integration roadmap under Musk decides what happens to that revenue line.

Maya Iverson
SpaceX Filed Its S-1. Musk Gets 85% Voting Control and a 1 Billion-Share Mars Bonus.
Startups & Funding

SpaceX Filed Its S-1. Musk Gets 85% Voting Control and a 1 Billion-Share Mars Bonus.

SpaceX submitted its S-1 with 2025 revenue of $18.7B (+33% YoY), Starlink as the profit driver, and a Musk comp package tied to a permanent Mars colony of 1M people.

Jordan Beck
Anthropic Just Locked In SpaceX's Entire Colossus 1 Data Center
AI & ML

Anthropic Just Locked In SpaceX's Entire Colossus 1 Data Center

Anthropic signed an agreement for the full capacity of Colossus 1: 300 MW and 220,000 Nvidia GPUs in a single-tenant facility.

Maya Iverson