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Search result for: "SpaceX"
    Elon Musk: "SpaceX will be worth more than the rest of Earth"

    Elon Musk: "SpaceX will be worth more than the rest of Earth"

    Jul 22, 2026  Twila Rosenbaum
    Elon Musk has made another bold claim, stating that if SpaceX meets its long-term goals, it will be worth more than the rest of Earth combined. The statement, posted on X, reflects Musk's vision of a future where money loses relevance and control over critical space infrastructure becomes the ultimate asset. The article explores SpaceX's expansion into satellite computing, AI, and the potential for a post-scarcity economy, while also noting the skepticism from analysts who recall Musk's past overpromises.
    SpaceXAI’s Grok programming tool was uploading its users’ entire codebase to cloud storage

    SpaceXAI’s Grok programming tool was uploading its users’ entire codebase to cloud storage

    Jul 18, 2026  Twila Rosenbaum
    SpaceXAI’s Grok Build AI coding tool was discovered uploading entire user codebases to Google Cloud, including files it was instructed to ignore and deleted secrets. The company turned off the feature after the report. Elon Musk responded on X, promising deletion of all uploaded data, but also asked users to allow data retention for debugging. Security researchers warn that such excessive data retention poses serious risks to proprietary code and credentials.
    New ‘Ex-Elon’ ETFs let you avoid SpaceX and Tesla — but are they just a gimmick?

    New ‘Ex-Elon’ ETFs let you avoid SpaceX and Tesla — but are they just a gimmick?

    Jul 13, 2026  Twila Rosenbaum
    Subversive ETFs has filed to launch two new actively managed ETFs that exclude companies founded, controlled, or led by Elon Musk, namely SpaceX and Tesla. The funds, QQNE and SPNE, track the Nasdaq-100 and S&P 500 respectively, minus those two stocks. Critics call them gimmicks, similar to the failed Inverse Jim Cramer ETF, while supporters see them as a way for investors to avoid Musk’s political and regulatory entanglements.
    Live markets: Bitcoin gives up morning gains as Nasdaq sheds more than 1%

    Live markets: Bitcoin gives up morning gains as Nasdaq sheds more than 1%

    Jun 29, 2026  Twila Rosenbaum
    Bitcoin gave up its morning gains on Monday as the Nasdaq Composite fell more than 1%, driven by sharp declines in tech giants and SpaceX. Implied volatility indexes for both Bitcoin and the S&P 500 surged, reflecting broad risk aversion. Meanwhile, a hawkish Federal Reserve outlook and a strengthening U.S. dollar continued to pressure risk assets, including cryptocurrencies. The day also saw notable corporate moves, including Strategy's bitcoin purchases and a $2 billion convertible note offering by Robinhood.
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    May 22, 2026  Twila Rosenbaum
    After a seven-month hiatus, SpaceX is set to launch its most powerful rocket ever: Starship Version 3. The new vehicle is taller, has more powerful Raptor engines, and is designed to be fully reusable. However, the testing campaign has been marked by explosions and delays. The success of this test flight is critical for SpaceX's IPO, NASA's Artemis moon landing plans, and the company's broader ambitions.
    Google could work with SpaceX to launch its orbital data centers

    Google could work with SpaceX to launch its orbital data centers

    May 18, 2026  Twila Rosenbaum
    Google is reportedly in talks with SpaceX to launch data centers into orbit, following Musk's vision for space-based AI. The partnership would address the immense power and cooling needs of AI. Both companies see orbital data centers as a scalable solution. The deal could also boost SpaceX's upcoming IPO.
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