SpaceX

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Founded2002

Key PeopleElon Musk

HeadquartersHawthorne, USA

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SpaceXAI Launches Grok 4.6 AI Model, Matching OpenAI's GPT-5.6 Sol on Key Benchmarks

SpaceXAI released Grok 4.6, achieving a score of 61 on the Artificial Analysis Intelligence Index and matching OpenAI's GPT-5.6 Sol. The frontier AI model focuses on agentic coding and knowledge work benchmarks while maintaining competitive pricing at $2 per million input tokens and $6 per million output tokens.

Technology6 sources

SpaceXAI Launches Grok 4.6 AI Model, Matching OpenAI's GPT-5.6 Sol on Key Benchmarks

Technology6 sources

SpaceX AI Revenue Set to Eclipse Rockets by September as Musk Bets on $500 Billion Future

Elon Musk told employees that AI revenue will surpass all other SpaceX revenue by September, with the company targeting $500 billion in annual revenue by 2027. The bold prediction comes as SpaceX integrates its $60 billion Cursor acquisition and expands AI compute capacity from 1.4 to 10 gigawatts by year-end.

Business9 sources

SpaceX AI Revenue Set to Eclipse Rockets by September as Musk Bets on $500 Billion Future

Business9 sources

Elon Musk backs AI traffic forecast while Michael Burry questions who will pay for surging AI agents

Elon Musk endorsed Cloudflare's projection that AI internet traffic could reach 1,000 times human levels within five years, calling it accurate. Michael Burry countered by questioning who will finance AI agents, highlighting concerns over AI infrastructure spending and market sustainability as tech giants invest hundreds of billions.

Technology3 sources

Elon Musk backs AI traffic forecast while Michael Burry questions who will pay for surging AI agents

Technology3 sources

SpaceX Plans Factories on the Moon Using Robots to Build AI Satellites, Elon Musk Confirms

Elon Musk announced SpaceX will establish factories on the moon staffed by robots to manufacture AI compute satellites. The plan includes mining lunar regolith for raw materials and using electromagnetic launchers to deploy satellites. Industry experts call it ambitious yet feasible despite extreme lunar conditions.

Technology3 sources

SpaceX Plans Factories on the Moon Using Robots to Build AI Satellites, Elon Musk Confirms

Technology3 sources

SpaceX Ramps Up Tesla Megapack Purchases to $295M in Q2 to Power Its AI Data Centers

SpaceX spent $295 million on Tesla Megapacks during Q2 2026, bringing its half-year total to $329 million as it expands AI infrastructure at Colossus data centers in Greater Memphis. The battery systems help manage uneven electricity demand from AI workloads, while natural gas turbines face community concerns over emissions and noise.

Business2 sources

SpaceX Ramps Up Tesla Megapack Purchases to $295M in Q2 to Power Its AI Data Centers

Business2 sources

Elon Musk's Tesla and SpaceX confirm $16.8B Terafab chip factory in Texas with 100 million square feet

Tesla and SpaceX officially announced their $16.8 billion initial investment in Terafab, a massive semiconductor manufacturing facility in Grimes County, Texas. The vertically integrated chip factory will span 100 million square feet and produce AI chips for Optimus robots, Cybercabs, and space-based data centers to meet their projected 1 terawatt annual compute demand.

Business6 sources

Elon Musk's Tesla and SpaceX confirm $16.8B Terafab chip factory in Texas with 100 million square feet

Business6 sources

SpaceX commits exclusively to Nvidia chips as AI infrastructure spending hits $18.4 billion

Elon Musk declared SpaceX will exclusively use Nvidia's Vera Rubin GPUs for its AI infrastructure buildout, targeting up to 10 gigawatts of computing power by 2027. While Nvidia stock surged 4%, SpaceX shares tumbled 12% after revealing second-quarter capital expenditures of $18.4 billion that exceeded analyst expectations.

Business6 sources

SpaceX commits exclusively to Nvidia chips as AI infrastructure spending hits $18.4 billion

Business6 sources

SpaceX commits exclusively to Nvidia GPUs as Musk plans orbital AI data centers with Vera Rubin

Elon Musk announced SpaceX and xAI will exclusively use Nvidia GPUs, calling them "the best" available. The partnership includes deploying Vera Rubin NVL72 systems in terrestrial data centers and launching Starmind AI satellites to create orbital compute infrastructure starting 2027, addressing Earth's power and land constraints.

Technology7 sources

SpaceX commits exclusively to Nvidia GPUs as Musk plans orbital AI data centers with Vera Rubin

Technology7 sources

Ray Dalio Warns AI Bubble Mirrors 1929 and 2000 Market Crashes as SpaceX Loses $500 Billion

Ray Dalio, founder of Bridgewater Associates, warns that the AI-driven market rally shows bubble-like traits similar to the 1929 stock market crash and 2000 dot-com bust. With AI spending expected to hit $2.6 trillion by 2026 and companies like SpaceX losing over $500 billion in market value since its June IPO, concerns mount over stretched valuations and rising interest rates.

Business2 sources

Ray Dalio Warns AI Bubble Mirrors 1929 and 2000 Market Crashes as SpaceX Loses $500 Billion

Business2 sources

AI Boom Propels S&P 500 to 47% Earnings Growth, But One-Time Gains Tell a Different Story

The S&P 500 posted explosive 47% earnings growth in Q2 2026, driven by the AI boom and Big Tech investments in Anthropic and OpenAI. But when stripping out one-time investment gains from Amazon and Alphabet, the actual growth rate drops to 29%, revealing how AI-related equity stakes are distorting the corporate earnings picture.

Business3 sources

AI Boom Propels S&P 500 to 47% Earnings Growth, But One-Time Gains Tell a Different Story

Business3 sources

SpaceX's $15.8 Billion AI Spending Shakes Investors Despite Strong Revenue in First Public Earnings

SpaceX disclosed massive AI infrastructure investments of $15.8 billion in its debut earnings report, causing shares to drop 10% despite beating revenue expectations. The company's AI revenue tripled to $2.56 billion as it pursues aggressive data center expansion plans, raising questions about profitability timelines.

Business36 sources

SpaceX's $15.8 Billion AI Spending Shakes Investors Despite Strong Revenue in First Public Earnings

Business36 sources

Cursor launches ₹649 India subscription plan for developers ahead of SpaceX acquisition

AI coding startup Cursor introduced Cursor Start, a ₹649-a-month subscription built specifically for India, priced well below its standard $20 Pro plan. The move comes weeks before its expected $60 billion acquisition by SpaceX closes and reflects India's position as Cursor's third-largest market globally with the highest concentration of power users.

Technology2 sources

Cursor launches ₹649 India subscription plan for developers ahead of SpaceX acquisition

Technology2 sources

Environmental groups challenge orbital data centers as SpaceX eyes 1 million satellites

Environmental advocacy groups have filed a petition demanding the FCC pause licensing for orbital data centers until environmental risks are examined. SpaceX plans to launch up to 1 million Starlink satellites as data centers, while Blue Origin seeks approval for 51,600. Critics warn of ozone layer degradation, atmospheric pollution from rocket launches, and night sky pollution that could violate federal environmental law.

Policy2 sources

Environmental groups challenge orbital data centers as SpaceX eyes 1 million satellites

Policy2 sources

Elon Musk hints at Tesla-SpaceX merger as AI spending drives company overlap

Elon Musk declined to dismiss a potential Tesla-SpaceX merger during Wednesday's earnings call, citing growing collaboration between the companies. Analysts now estimate a 90% probability of the merger happening within years. The companies already collaborate on AI integration, autonomous vehicles, and the Terafab chip factory, though regulatory approvals and governance complexities could pose significant hurdles.

Business2 sources

Elon Musk hints at Tesla-SpaceX merger as AI spending drives company overlap

Business2 sources

SpaceX plans Texas data center expansion to boost AI computing capacity beyond Memphis hub

SpaceX is preparing to build at least one large-scale data center in Texas, significantly expanding its AI computing capacity beyond its existing Memphis-area operations. The move comes as the company, now called SpaceXAI after absorbing xAI, pursues ambitious plans for both terrestrial and space-based AI infrastructure including orbital data centers.

Business3 sources

SpaceX plans Texas data center expansion to boost AI computing capacity beyond Memphis hub

Business3 sources

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