UNCOVERED: 7 | History Defined

Starlink might be less of a threat to mobile operators than Elon Musk claims

Elon Musk claims that Starlink could soon deliver a better service than the US’s mobile operators, but T-Mobile’s CEO disagrees.

TechRadar · Aug 7

Eric Trump Defends SpaceX After Bloomberg Op-Ed Slams Starlink as 'Overpromising and Underdelivering'— Elon Musk Backs Him Up

On Thursday, Eric Trump pushed back against criticism of Space Exploration Technologies Corp’s (NASDAQ:SPCX) Starlink service, arguing the company’s broader achievements in space exploration far outweigh concerns raised in an Opinion column.

Benzinga · Aug 7

Elon Musk Says the Fight to Stop Rockets From Exploding Into Tiny Pieces Is Why SpaceX Will Crush Data Centers Like the Yankees Playing ‘Little League’

Elon Musk says SpaceX’s rocket engineering gives it a major edge in AI data centers, arguing the company solves far harder problems every launch than competitors face building terrestrial infrastructure.

Barchart · Aug 6

Elon Musk: 'At some point, Starlink will deliver a majority of the world's internet,' but that promise hinges on launching thousands more next-gen satellites and the massive Starship working as promised

Starlink head Elon Musk believes he can serve most of the world's Internet in less than a decade, but is that claim realistic?

TechRadar · Aug 5

SpaceX Lockup Expiry Could Send a Gentle Jolt Through QQQ, Nasdaq ETFs

Beginning Thursday, the proportion of SpaceX’s (NASDAQ:SPCX) shares available for public trading is set to rise from less than 5% to more than 12%, with more lockup expirations scheduled for Aug 20 and late September. The expanding free float could gradually increase the rocket company’s weight in float-adjusted indexes such…

Benzinga · Aug 5

SpaceX's AI Spending Has Rattled Investors. Its Stock Is Sinking.

SpaceX stocks are sinking on Wednesday following its earnings report.

International Business Times · Aug 5

SpaceX shares tumble 12%, fall below IPO price as AI spending concerns mount

SpaceX has demonstrated accelerated returns on its AI investments, though investors express concerns regarding future funding for data centers. Following its IPO, the company's stock saw a significant drop. Despite this, AI revenue surged over threefold, and new cloud agreements were announced. The capital invested in AI is still high,…

The Economic Times · Aug 5

Elon Musk Admits Moon Robot Plans Sound 'Totally Nuts' as SpaceX Shares Tank on Debut Earnings

SpaceX's earnings report reveals strong revenue but heavy AI spending, causing shares to drop. Elon Musk shifts focus to ambitious plans for Moon factories, sparking investor debate.

International Business Times UK · Aug 5

Former Tesla Board Member Says xAI Can 'Break In With the Big Boys' Anthropic, OpenAI and Google— but There’s a Catch

Former Tesla Inc. (NASDAQ:TSLA) board member Steve Westly said Elon Musk’s xAI could challenge Anthropic, OpenAI and Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, but warned that entering artificial intelligence’s top tier will demand heavy spending and execution.

Benzinga · Aug 5

The real reason SpaceX shares are tanking after out-of-control rocket smashes into moon

The first financial report released by Elon Musk’s space and AI firm is having a bigger impact back on Earth

The Independent UK · Aug 5