SpaceX's $329M Tesla Megapack Spending Signals AI Infrastructure Race Heating Up
SpaceX has purchased $329M in Tesla battery storage this year, with most spending tied to powering xAI's compute-intensive data centers.
SpaceX has purchased $329M in Tesla battery storage this year, with most spending tied to powering xAI's compute-intensive data centers.
SpaceX's AI revenue tripled to $2.6B driven by compute deals with Anthropic and Google, though the division remains unprofitable at $1.5B in losses.
SpaceX will keep operating 69 unpermitted gas turbines at its xAI facilities until mid-2027, extending regulatory violations as it builds permanent infrastructure.
SpaceX's accelerated entry into the Nasdaq-100 highlights how rule changes can reshape passive investing, but experts argue the index model remains sound.
SpaceX has reportedly demonstrated an early-stage AI device prototype to investors, designed to run proprietary software powered by xAI. Elon Musk has called the reporting false.
Meta is preparing to sell compute capacity and host AI models as a new revenue stream, following SpaceX's lead in transforming data-center assets into profitable services.
The veteran venture capitalist and former Sequoia managing partner is now on SpaceX's board amid the company's record-breaking public debut.
SpaceX's market cap climbs past $2.7 trillion following its IPO and AI startup acquisition, despite operating at a loss.
SpaceX announces it will acquire the AI coding platform Cursor for $60 billion, aiming to compete with OpenAI and Anthropic in the enterprise market.
Three AI-focused companies are heading to public markets in the same window, redefining which sectors command investor attention in 2026.
SpaceX set aside $22.5 billion in shares for retail investors, yet structural IPO mechanics mean most individuals will miss outsized gains.
SpaceX's public debut Friday reveals structural risks in nested special purpose vehicles, with some investors unaware of actual holdings until lock-up periods end.
SpaceX raised $75 billion at $135 per share, surpassing Saudi Aramco's 2019 record. Trading begins Friday on Nasdaq under ticker SPCX.
SpaceX, Anthropic, and OpenAI IPOs signal a generational realignment in which companies define the tech industry's trajectory.
OpenAI has filed confidential S-1 paperwork with the SEC, joining Anthropic and SpaceX in pursuing potential trillion-dollar valuations despite current unprofitability.
Google will pay SpaceX $920 million per month for access to approximately 110,000 NVIDIA GPUs and related compute infrastructure from October 2026 through June 2029, according to a regulatory filing.
SpaceX's amended IPO prospectus now flags water availability as a critical constraint for its data center expansion, joining power as a core infrastructure bottleneck.
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 is finalizing v1.0 of a custom AI training framework built in C, according to Elon Musk.
xAI is cementing natural gas turbines as its power source while SpaceX positions space-based solar as the long-term solution for AI data centers.
SpaceX's S-1 filing projects a Mars-linked valuation that would be the largest US IPO ever, but hosts question whether the addressable-market math reflects near-term reality.
SpaceX's IPO filing reveals ambitious valuation and compensation structure tied to Mars colonization, raising questions about execution and market assumptions.
SpaceX's IPO filing reveals Anthropic will pay $1.25 billion monthly for AI training capacity, underscoring the compute scarcity driving major AI infrastructure deals.
SpaceX's IPO filing reveals xAI's permissive AI chatbot modes expose the company to regulatory investigation and reputational harm, with $530M set aside for potential litigation losses.
SpaceX is investing heavily in portable gas generators to power its AI infrastructure, even as environmental complaints mount.
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.
Ex-OpenAI staffers and AI safety groups warn investors that xAI's safety lapses could complicate SpaceX's planned $75B IPO filing.
Replit CEO Amjad Masad says strong margins and 300% net revenue retention give the company the financial footing to stay solo — for now.