Houston, we have an update on all that SpaceX-Tesla merger chatter. During SpaceX’s Tuesday earnings call, Elon Musk said both of the companies had created “special committees of independent directors” to discuss a potential merger. Musk, who helms both companies and owns billions of dollars in stock of each, said he can’t be part of
Elon Musk’s SpaceX said Tuesday that third quarter revenue rose 161% to $14.6 billion year-over-year, cruising past the $12.86 billion analysts expected, according to Visible Alpha consensus from S&P Global Market Intelligence. The company reported net income of $4.4 million, or 35 cents a share compared with a net loss of $541 million in the
SpaceX CEO Elon Musk said the company would attempt to catch Starship and its booster next month, with the goal of recovering the entire orbital launch system for the first time. If successful, Musk said, the attempt would mark the first time in history an orbital launch vehicle has been fully recovered. But he also
Amazon is racing to secure AI hardware earlier than before, even as data center power shortages leave some GPU systems waiting in warehouses. Under a new Early Rack Receipt process, AWS expected to receive roughly $5 billion in Nvidia’s GB300 server racks at US facilities before final deployment, according to August internal emails reviewed by
TikTok was repeatedly warned by its own staffers about risks its platform posed to child safety, according to court records obtained by NPR. The publication reports that employees were frustrated over TikTok executives failing to appropriately act on concerns they raised, including minors bypassing age-restricted content, and appearing in “transactional sexual content” the company could
If you have spent any time on X over the past year, you’ll know it’s evolving fast. What was previously just a text-based site, now offers lots of great features, many appealing to content creators. Today, X launched the X Creator Academy, a built-in education hub designed to teach users how to actually turn a
