Updated Apr 22
Jun 17, 2026
SpaceX Acquires Cursor for $60 Billion in First Post-IPO Power Move
SpaceX is buying AI coding startup Cursor for $60 billion in an all-stock deal, its first major acquisition since going public. The deal gives Elon Musk's company access to Cursor's 1 million-plus developers and a foothold in the fast-growing AI coding tools market.
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Jun 16, 2026
Judge Dismisses xAI Trade Secret Lawsuit Against OpenAI With Prejudice
A federal judge dismissed xAI's trade secret lawsuit against OpenAI with prejudice, ruling it would be 'futile' for Elon Musk's company to continue. The dismissal marks Musk's second court defeat against OpenAI in four weeks and ends a case that alleged OpenAI sought Grok 4 trade secrets during recruiting.
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Jun 16, 2026
SpaceX IPO Makes Musk First Trillionaire as AI Megadeals Reshape the Company
SpaceX pulled off the largest IPO in history at $85.7 billion, vaulting Elon Musk to a $1.3 trillion net worth and making him the world's first trillionaire. But the real story is what the company is becoming: newly revealed AI infrastructure deals with Google and Anthropic, worth over $2 billion per month, position SpaceX as a major hyperscale AI data center provider -- not just a rocket company.
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May 19, 2026
Jury Unanimously Rejects Musk OpenAI Lawsuit, Clearing Path to $1 Trillion IPO
A federal jury unanimously rejected Elon Musk's $150 billion lawsuit against OpenAI and Sam Altman, ruling he waited too long to file. The verdict, reached after less than two hours of deliberation, removes a major obstacle to OpenAI's planned IPO and sets a precedent for nonprofit-to-for-profit conversions in the AI industry.
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May 18, 2026
Musk-OpenAI Trial Goes to Jury as Trust in AI Leadership Hangs in Balance
Jury deliberations begin today in Elon Musk's $134 billion lawsuit against OpenAI. The trial has become a referendum on trust in AI leadership, with Sam Altman's credibility under a microscope. The outcome could reshape how AI companies govern themselves — and what builders can expect from the tools they depend on.
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May 8, 2026
Coinbase Restructures: Cuts 14% Workforce, Embraces AI-Driven Leadership
Coinbase is axing 14% of its workforce as it ditches 'pure managers' for AI-driven roles. Expect leaner, AI-backed 'player-coaches' managing larger teams. This shift could be risky, but also transformative for those adapting quickly.
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