FTC gives Musk the OK to acquire SpaceX alumni startup Mesh
Mesh came out of stealth in February with a $50 million Series A.
Elon suffers another day short of trillionaire status
Right now he’s merely a several-hundred-billionaire, according to Bloomberg’s Billionaires Index.
Valor Equity Partners looks to raise a $2.5B Fund VII, per Bloomberg
New details have emerged about Valor’s latest fund, which last year announced it was raising an unspecified amount of capital.
SpaceX inks compute deal with Reflection AI, an open source AI lab
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.
Is the US government’s Anthropic ban accidentally helping the brand?
Just as last week was ending, the US government forced Anthropic to pull its two newest models, Fable 5 and Mythos 5, citing national security concerns after Amazon researchers allegedly found a way to bypass Fable 5’s guardrails.&…
Roelof Botha joins SpaceX’s board of directors
The former Sequoia Capital leader is filling an “existing vacancy” on SpaceX’s board, days after the company went public in the largest IPO ever.
DOJ claims xAI’s unpermitted gas turbines are a matter of ‘national, economic, and energy security’
The Justice department says the Pentagon needs xAI to keep using its unpermitted gas turbines.
SpaceX valuation balloons to $2.6T, briefly passes Amazon
SpaceX’s valuation has increased by $1 trillion since its shares started trading on Friday.
SpaceX to acquire Cursor for $60B in stock, days after blockbuster IPO
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.
SpaceX’s biggest-ever IPO just grew to $85.7 billion raised
SpaceX’s IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.