SpaceX CEO Elon Musk claims a 180-day lease with 90-day exit terms, but SpaceX's SEC filing describes a three-year agreement through May 2029 at $1.25B/month.
SpaceX's IPO filing reveals ambitious valuation and compensation structure tied to Mars colonization, raising questions about execution and market assumptions.
Meta faces record profits alongside plummeting employee morale after mass layoffs; Google I/O debuts agentic search; Elon Musk loses OpenAI lawsuit.
A federal jury ruled Musk filed his lawsuit after the statute of limitations expired, ending a trial that appeared rooted more in personal animosity than contractual breach.
Elon Musk's xAI is committing $2.8B to additional gas turbine capacity over three years, even as the EPA and NAACP challenge its current operations for violating air-quality regulations.
SpaceX's IPO filing reveals xAI burned $6.4 billion against $3.2 billion in revenue during 2025, with capex doubling to a $30.8B annualized run rate as the company plans trillion-parameter scale.
OpenAI CEO Sam Altman targets a September 2026 public offering, with Goldman Sachs and Morgan Stanley leading underwriting. Filing could happen within weeks.
Ex-OpenAI staffers and AI safety groups warn investors that xAI's safety lapses could complicate SpaceX's planned $75B IPO filing.
A federal jury ruled that Musk sued OpenAI too late, barring his breach of trust and unjust enrichment claims despite never addressing the underlying merits.
A nine-member jury unanimously ruled that Elon Musk filed his breach-of-trust claims against OpenAI too late, ending the high-profile case without addressing the merits.
An advisory jury found Elon Musk's claims against Sam Altman barred by statute of limitations, ending the high-profile trial.
A California jury unanimously rejected Elon Musk's claims against Sam Altman and OpenAI, finding he filed suit too late.
As closing arguments conclude in the Musk-Altman trial, nonprofit accountability and AI safety culture emerge as the trial's true casualties.
A gold trophy inscribed 'never stop being a jackass for safety' surfaces as evidence in the billionaire's $850B fraud case against the AI company.
Greg Brockman told a federal court Musk demanded sole control of OpenAI in 2017, threatened to pull funding, and made Brockman fear a physical attack.
Trial testimony in Musk v. Altman reveals Elon Musk was intensely fixated on Google DeepMind CEO Demis Hassabis throughout OpenAI's founding years, shaping the lab's competitive urgency.
OpenAI co-founder Greg Brockman revealed a stake worth up to $30 billion on the stand in the Musk v. Altman trial, defending his wealth as earned through 'blood, sweat, and tears.'
Week one of the Musk v. Altman trial surfaces a $38M founding grievance — and a stunning admission that xAI trains Grok on OpenAI's own model outputs.
Elon Musk testified in a California federal trial against OpenAI, seeking to unwind its for-profit restructuring and oust CEO Sam Altman.
Jury selection began April 27 in Elon Musk's lawsuit against OpenAI, with claims the company abandoned its nonprofit mission for commercial profit.