Musk's Grip on SpaceX Stays Firm
Elon Musk to Keep Control of SpaceX After IPO
Elon Musk and insiders will maintain control over SpaceX's voting shares even after the company's anticipated IPO, as per the latest filing. This move keeps Musk's influence intact, making it crucial for builders to watch how this unfolds in the market.
Musk Retains Control: Understanding SpaceX's IPO Structure
What's in It for Builders: The Real Deal Behind SpaceX's Valuation
Amazon and Globalstar: The Competitive Satellite Landscape
Strategic Moves: How SpaceX Plans to Use IPO Funds
Market Buzz: Public Reactions and Industry Experts Weigh In
Jun 1, 2026
AI Costs Spiral as Agentic Systems Burn 1000x More Tokens Than Chatbots
Companies that raced to adopt generative AI are now slamming the brakes as costs outpace returns. Agentic AI systems burn up to 1000x more tokens than chatbots.
Jun 1, 2026
CNN Sues Perplexity AI Over Copyright Theft of 17000 News Stories
CNN has filed a federal lawsuit against Perplexity AI accusing the search startup of scraping more than 17000 news stories without permission.
May 31, 2026
Anthropic Hits $965B Valuation, Overtakes OpenAI as Most Valuable AI Startup
Anthropic closed a $65 billion Series H round at a $965 billion valuation, leapfrogging OpenAI to become the most valuable private AI startup. Run-rate revenue crossed $47 billion. With chip manufacturers joining the round and an IPO potentially this year, the AI funding race is now a battle for compute infrastructure.
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May 6, 2026
Anthropic Secures SpaceX's Colossus for AI Compute Boost
Anthropic partners with SpaceX to secure 300 megawatts at the Colossus One data center, utilizing over 220,000 Nvidia GPUs. This collaboration addresses the demand surge for Anthropic's Claude Code service and marks a strategic expansion in AI compute resources.
May 5, 2026
Instagram Unveils AI Creator Labels for Transparency
Instagram implements optional 'AI Creator' labels for transparency in AI-generated content. Creators can display their use of AI tools on profiles and posts. This initiative aims to clarify the mix of AI and human content, countering misinformation.
May 4, 2026
Elon Musk and Sam Altman Courtroom Drama Over OpenAI
The courtroom clash between Elon Musk and Sam Altman over OpenAI's nonprofit status has begun in Oakland. Musk accuses OpenAI of paving the way for the looting of charities, while Altman paints Musk's claims as sour grapes after missing out on OpenAI's success post-ChatGPT. This high-profile trial could set precedents for AI and charitable foundations.