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Elon Musk’s newly rebranded SpaceXAI is reportedly losing top talent, with more than 50 researchers and engineers departing since February, according to The Information. The exits include key leaders across coding, world models, and Grok voice. Rivals like Meta and Thinking Machine Labs are reportedly scooping up former staff, with the company’s core pre-training team…
Google and SpaceX are in talks to launch orbital data centers in space, reports The Wall Street Journal, citing sources familiar with the matter. The potential deal comes as SpaceX gears up for its $1.75 trillion IPO later this year, selling investors on the idea that data centers in space will be the cheapest place…
Until a few hours before SpaceX announced its deal, giving it the option to acquire Cursor — the maker of AI-powered coding software — for $60 billion, Cursor was on track to close a $2 billion funding round later this week, according to a person familiar with the matter. The round would have valued the…
Blue Origin has successfully reused one of its New Glenn rockets for the first time ever, marking a major milestone for the heavy-launch system as Jeff Bezos’ space company looks to compete with Elon Musk’s SpaceX. But the overall mission’s success may be in question. Roughly two hours after the launch, Blue Origin revealed that…
Jeff Bezos’ space company Blue Origin successfully re-used one of its New Glenn rockets for the first time ever on Sunday, but the company failed at its primary mission: delivering a communications satellite to orbit for customer AST SpaceMobile. AST SpaceMobile issued a statement Sunday afternoon that the upper stage of the New Glenn rocket…
Glen Anderson has been brokering trades in private company shares since 2010, back when the number of institutional investors focused on the late-stage private market could be counted on two hands. Today, he says, there are thousands. As president of the investment bank Rainmaker Securities, which focuses solely on private securities markets and facilitates transactions…
SpaceX launched its IPO on the same day the U.S. sent astronauts to the moon for the first time in 54 years. And the timing is appropriate: This is likely the last time NASA will try to send people to deep space without major assistance from a company that emerged from the venture-backed tech scene….
Tech investors haven’t given up on the dream of making physical products with the same speed and ease as coding software. Executives at Freeform, a startup developing a novel 3D printing system for metal components, told TechCrunch that the company raised a $67 million Series B to expand its manufacturing platform. Investors include Apandion, AE…
SpaceX has acquired Elon Musk’s artificial intelligence startup, xAI, creating the world’s most valuable private company, the spaceflight company announced Monday. Musk, who is also the CEO of SpaceX, wrote in a memo posted to the rocket company’s website that the merger is largely about creating space-based data centers — an idea he has become…
Jeff Bezos’ space company Blue Origin has just announced a satellite internet network called TeraWave, which will be capable of offering data speeds up to 6 Tbps, and geared toward enterprise, data center, and government customers. The TeraWave constellation will use a mix of 5,280 satellites in low-Earth orbit and 128 in medium-Earth orbit, and…