AI coding startup Cursor is now officially a part of SpaceX, according to an announcement on the Cursor blog. Elon Musk’s SpaceX — which also acquired Musk’s xAI earlier this year — announced a deal in April for the companies to develop technology together; the deal also gave SpaceX the option to acquire Cursor for
A woman identified as Jane Doe 4 has joined a lawsuit filed by three Tennessee teenagers against Elon Musk’s xAI over the role the company’s chatbot Grok allegedly played in creating child sexual abuse material. According to a report in The Washington Post, the woman alleged that her stepfather used Grok to manipulate a photo
A sales force of more than 100 agents allegedly cold-called thousands of prospective investors with sleek, scripted pitches for shares in the most exclusive private tech companies in the world, including SpaceX, Anduril, Anthropic, and Perplexity, while promising repeatedly there would be no hidden fees. The agents worked for The Spaventa Group (TSG), a Long
SpaceX’s stock could come under pressure again as more early investors gain the freedom to cash in their stakes, said research analyst and “Prof G Markets” podcast co-host Ed Elson. Elson discussed the risks surrounding SpaceX’s mega IPO in June during an episode of Kara Swisher’s “On” podcast, released on Thursday. He said that although
➡️ Did someone forward you this email? If you would like to receive this information directly, every morning before the markets open in New York, sign up here. IT’S HAPPENING! Anthropic targets $2 trillion IPO in October—largest ever public float Anthropic will stage an IPO in October at a predicted valuation of $2 trillion, even
Elon Musk is betting that the next phase of his sprawling technology empire will require a building on a scale that has never existed before. SpaceX and Tesla are building Terafab, a 100-million-square-foot semiconductor manufacturing facility in Grimes County, Texas, more than five times the size of the world’s largest building. “Terafab Texas will be the
