SpaceX

Rocket Lab Corp. (NASDAQ:RKLB) is drawing fresh Wall Street optimism after Needham raised its price target on the space company to $120 from $95 while maintaining a Buy rating.  RKLB stock is on a tear. See the chart and price action here.  RKLB Q1 Results The firm cited stronger-than-...

Elon Musk's AI push looks like one of the costliest bets in tech. Training frontier AI models at xAI's Colossus, a massive AI supercomputer cluster located in Memphis, Tennessee, required enormous capital, massive energy consumption, and a race against much larger incumbents already monetizing...

Anthropic reportedly signed a $1.8 billion, seven-year cloud computing deal with Akamai Technologies Inc. (NASDAQ:AKAM) to expand AI infrastructure for Claude amid rising demand. Bloomberg, citing sources, reported the deal on Friday. AI Compute Expansion Deal On Thursday, Akamai announced its...

The electric bike and scooter operator backed by Uber Technologies (NYSE:UBER), Lime, filed for a U.S. initial public offering on Friday, disclosing 29.1% revenue growth to $886.7 million in fiscal year 2025, planning to list on Nasdaq under the ticker “LIME.” IPO Amid Strong Revenue...

Investor Cathie Wood, the founder of investment firm ARK Invest, thinks Elon Musk-led SpaceX could stand to benefit highly from orbital datacenters. Orbital Datacenters Could ‘Dwarf’ Starlink On Thursday, ARK posted a video on the social media platform X, in which Wood shared that the...

Companies such as Stripe, SpaceX, and Databricks are showing that it's possible to scale into the tens or even hundreds of billions of dollars without ever becoming public. Investors are pricing these companies through private and secondary markets — showing that the function an initial public...

SpaceX already launches rockets. It already operates one of the world's largest satellite internet businesses, Starlink. Now Elon Musk may be turning it into something else entirely: an AI infrastructure landlord. Anthropic's reported deal to access SpaceX/xAI's Colossus 1 supercomputer in Memphis...

Elon Musk once called Anthropic's Claude AI "misanthropic and evil." Now he is leasing the company one of the largest pools of Nvidia Corp (NASDAQ:NVDA) AI compute on Earth. Anthropic has reportedly secured access to SpaceX/xAI's Colossus 1 supercomputer in Memphis, a massive AI cluster built...

Anthropic has partnered with SpaceX to significantly expand the computing power behind its Claude AI models, prompting Elon Musk to praise Nvidia Corp's (NASDAQ:NVDA) latest GB300 systems as "the best AI computer." Anthropic Expands Claude AI With SpaceX Data Center Deal On Wednesday, Anthropic...

SpaceXAI has struck a partnership agreement with Anthropic to use all of the compute capacity at SpaceX's data center Colossus 1 in Memphis, Tennessee. "We've agreed to a partnership with @SpaceX that will substantially increase our compute capacity. This, along with our other recent compute deals...

Wall Street is aggressively expanding its commercial space footprint, pushing a record number of new space-focused ETFs to market as the countdown to Elon Musk's massive SpaceX public debut begins. ‘Another Level’ Of Market Demand Fundstrat Global Advisors’ Head of Research Tom...

Jeff Bezos-owned Blue Origin's early Blue Moon prototype, Mark 1, has completed a major survival test at NASA's Johnson Space Center, clearing a key milestone before an uncrewed lunar test flight meant to reduce risk for future Artemis astronaut landings. Blue Moon Clears Key Survival Test NASA...

SpaceX is in the hot seat after around 80 South Texas residents filed a lawsuit in the U.S. District Court for the Southern District of Texas, alleging that repeated sonic booms and shockwaves from Starship testing over the past two and a half years have damaged their homes. In the complaint, filed...

SpaceX‘s VP of Starlink Engineering, Michael Nicolls, on Sunday, said that the latest satellite terminals on flights can support peak speeds of up to 1 gigabit per second. Starlink’s Wi-Fi Terminals In a response to a post outlining the Starlink terminals’ speeds of 220 megabits...

Elon Musk says he intentionally sets deadlines that have only about a 50% chance of being met, arguing that the approach acts as a forcing function for speed, sharper focus and faster innovation at companies such as Tesla Inc. (NASDAQ:TSLA) and SpaceX. Musk Sets Deadlines To Force Speed In a...