Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived.
Crypto exchanges promised users access to the SpaceX IPO. The tokenized shares never arrived.

Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offering…

We just got a hot signal that a Tesla and SpaceX could happen, after all

A fresh comment from SpaceX President Gwynne Shotwell has reignited speculation about a future Tesla-SpaceX tie-up. It may not be happening soon, but the idea suddenly feels a lot less far-fetched.

80 Texas residents are suing SpaceX, saying rocket launches are literally destroying their homes
80 Texas residents are suing SpaceX, saying rocket launches are literally destroying their homes

Eighty residents of towns near SpaceX’s Starbase facility in South Texas have filed a class-action lawsuit alleging that the company’s constant rocket launches are physically destroying their homes. The lawsuit accuses SpaceX of negligence, gross negli…

SpaceX rented Colossus 1 to Anthropic because it couldn’t make the data centre work for Grok
SpaceX rented Colossus 1 to Anthropic because it couldn’t make the data centre work for Grok

SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect…

Robinhood sees ‘record-breaking’ traffic after SpaceX stock debuts

The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.

A trillion dollars is a stupid amount of money
A trillion dollars is a stupid amount of money

Elon Musk is now officially the world’s first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale – a thousand times more than a billion – is difficult to fathom for those of us who aren’t among the 3,363 billionaires that currently exist in our […]

Elon Musk is the world’s first trillionaire
Elon Musk is the world’s first trillionaire

Elon Musk’s net worth has passed the trillion-dollar mark after SpaceX’s IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]

SpaceX, Anthropic, and OpenAI’s hot IPO summer

The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, O…

Elon Musk becomes the world’s first trillionaire after SpaceX’s historic IPO

The SpaceX IPO has boosted Musk’s paper wealth to more than $1,000,000,000,000 at a time when he is more hated — and powerful — than ever.