SpaceX’s Terafab will rely on natural gas power plants, not Tesla solar panels

SpaceX and Tesla are building a massive semiconductor fab in Texas that will depend on natural gas power plants, not Tesla solar panels.

Trump EPA wrongly canceled $20B in climate funds, appeals court rules

Climate nonprofits can again access their federal funding more than a year after the Trump EPA ordered Citibank to freeze their accounts.

Saudi Aramco backs India’s Mitti Labs to make Asia’s rice farming more water-resilient

Mitti Labs plans to expand beyond India and enter the Philippines and Indonesia while growing its carbon credits and agricultural data business.

SpaceX has bought $329M worth of Tesla Megapacks so far this year

The purchase illustrates just how interconnected Elon Musk’s universe of companies are.

Texas halts new data centers as governor calls for audits

Texas Governor Greg Abbott has paused new data center development until an audit has been completed.

Sequoia’s Shaun Maguire leads $1B round for nuclear startup Valar Atomics

Valar Atomics raised $1 billion at a $6 billion valuation after signing a development deal with Nvidia in June.

Base Power raises another $1B to save the grid using backyard batteries

Base Power’s $1 billion round will help the startup ramp production of its home batteries.

SpaceX won’t remove all of xAI’s unpermitted turbines for another year

SpaceX is building a new power plant for xAI’s Colossus data centers, but it won’t remove existing, unpermitted turbines for many more months.

Florida plans to build air taxi pads using $200M intended for EV chargers

Florida wants to use federal EV charger funds to build an air taxi network connecting golf courses, luxury apartment buildings, and airports.

When will fusion power startup Commonwealth Fusion Systems go public?

There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years.