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SpaceX, Reflection AI Sign $150M Monthly Compute Deal
Reflection AI will pay $150 million a month beginning July 1, 2026 through 2029 for immediate access to Nvidia's latest GB300 AI chips and supporting hardware across SpaceX's Colossus 2 data center near Memphis, Tennessee.
SpaceX Acquires Cursor for $60B in Stock to Boost AI Division
The deal is supposed to help SpaceX's struggling AI division. The company told IPO investors it sees a $26 trillion addressable market in AI.
AI-Powered Geothermal Energy Startup Secures $54M Funding
SpaceX alumni Andrew Redd is betting the ocean has vast amounts of untapped geothermal energy.
Starlink's India Hurdles May Impact SpaceX IPO
Problems with Starlink's India expansion could challenge SpaceX's IPO growth story.
xAI Engineer Sues Over Alleged AI Safety Firing
A former xAI engineer is suing the company and SpaceX, alleging he was fired for raising AI safety concerns about Grok days before SpaceX's historic IPO.
Google's $920M Monthly AI Compute Deal with SpaceX
In a statement, a Google representative described the deal as a result of unexpected demand for its recently launched AI products.
SpaceX's IPO Faces Water Access Challenges for AI Infrastructure
The company says it needs "significant" water resources to cool its data centers, and that access to abundant, affordable water is a challenge.
SpaceX Secures $6.45B in Space Force Contracts Before IPO
SpaceX already generated one-fifth of its 2025 revenue from government contracts, the company revealed in its IPO filing.
SpaceX's Starlink Secures American Airlines Deal
American Airlines said Tuesday it plans to install Starlink on more than 500 Airbus aircraft, the latest carrier win for IPO-bound SpaceX.
Elon Musk's xAI to Buy $2.8B in Natural Gas Turbines for Data Centers
Elon Musk's xAI said it will buy $2.8 billion worth of natural gas turbines over the next three years, according to SpaceX's IPO filing.
SpaceX's xAI Lost $6.4B in 2025: IPO Filing Details
SpaceX's IPO filing reveals xAI lost $6.4 billion in 2025 while planning a massive Grok expansion — offering the first public look at Elon Musk's AI financials and more details about his ambitions.
Google and SpaceX Plan Orbiting AI Data Centers
Google and SpaceX are in talks to build data centers in orbit, pitching space as the future home for AI compute, even as costs today remain far higher than on the ground.