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SpaceX Targets Ambitious $500 Billion Annualized Revenue by 2027 Driven by AI and Starlink Expansion

SpaceX Targets Ambitious $500 Billion Annualized Revenue by 2027 Driven by AI and Starlink Expansion

SpaceX Targets Ambitious $500 Billion Annualized Revenue by 2027 Driven by AI and Starlink Expansion

SpaceX targets 'Holy Grail of rocketry' with Starship flight 15

SpaceX targets 'Holy Grail of rocketry' with Starship flight 15

SpaceX plans to catch both stages of its Starship rocket in a significant first during the next launch, known as flight 15, in South Texas.

From explosions to catches, how SpaceX's Starship reached flight 15

From explosions to catches, how SpaceX's Starship reached flight 15

SpaceX prepares for a dual catch of both stages of its Starship rocket on Nov. 13 during flight 15. Before that, relive all previous launches.

Anthropic targets $1 trillion IPO valuation in test of Wall Street's AI fervor

Anthropic targets $1 trillion IPO valuation in test of Wall Street's AI fervor

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark test of whether Wall Street's faith in the AI boom outweighs concerns over its risks.

Tesla Cybertruck is EV pickup market's latest casualty

Tesla Cybertruck is EV pickup market's latest casualty

By Mike Colias Nov 10 (Reuters) - Tesla’s move to discontinue its Cybertruck next year is perhaps the highest-profile flameout in a category that automakers had once hyped: huge electric pickups.

SpaceX Prepares for Starship Flight 15 with Dual Booster and Ship Catch Attempt

SpaceX Prepares for Starship Flight 15 with Dual Booster and Ship Catch Attempt

SpaceX is gearing up for Starship Flight 15, scheduled for Friday, November 13, with a 75-minute launch window opening at 5:45 p.m. EST from Starbase, Texas. This mission marks the 15th test flight of the reusable megarocket and its second orbital trip. A primary objective of Flight 15 is to achieve a dual catch: the Super Heavy booster is expected to return to the launch tower approximately six and a half minutes after liftoff to be caught by its chopstick arms. This would be the first such catch for the new V3 booster. Following this, the Starship upper stage, or 'Ship,' will continue to orbit, deploying 26 next-generation Starlink V3 satellites. After approximately 14 orbits over 22 hours, Ship will attempt a landing maneuver over Starbase, aiming to be caught by the tower's arms. This would be the first time SpaceX attempts to catch the Ship stage, a critical step towards full reusability. Contingency plans are in place for Ship to perform a safe deorbit and splashdown in the Pacific if the catch condi...

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

Anthropic sets modest $1 trillion IPO valuation target in test of Wall Street's AI fervor

By Echo Wang Nov 10 (Reuters) - Anthropic is targeting a valuation of up to $1.02 trillion in its landmark U.S. IPO, its filing showed on Tuesday, well short of the previously discussed amount in the latest sign of cooling investor appetite for AI.

Google plans $17 billion Wyoming data center amid rising threats of curbs

Google plans $17 billion Wyoming data center amid rising threats of curbs

Nov 5 (Reuters) - Alphabet's Google will invest $17 billion to build its first data center in Wyoming, the company said on Thursday, pushing ahead with a major AI infrastructure investment as political resistance to data center expansion grows following the US midterm elections.

SpaceX aims to catch Starship for 1st time on flight 15. Here's when

SpaceX aims to catch Starship for 1st time on flight 15. Here's when

During a launch targeted for Nov. 13, SpaceX will for the first time attempt to return and 'catch' an upper stage of its Starship rocket.

Chamath Palihapitiya Predicts SpaceX Revenue Surge from Anthropic Amid Data Center Freeze

Chamath Palihapitiya Predicts SpaceX Revenue Surge from Anthropic Amid Data Center Freeze

Chamath Palihapitiya Predicts SpaceX Revenue Surge from Anthropic Amid Data Center Freeze

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

Anthropic IPO to raise up to $64.4 billion as AI boom faces growing scrutiny

By Echo Wang Nov 10 (Reuters) - Anthropic's IPO is set to raise as much as $64.4 billion, a regulatory filing showed on Tuesday, in a landmark listing that will offer the first public-market test of the valuations, growth prospects and risks of frontier AI companies.

Wall St rallies after last week's AI rout; Nvidia falls

Wall St rallies after last week's AI rout; Nvidia falls

By Niket Nishant and Utkarsh Hathi Nov 9 (Reuters) - Wall Street's main indexes climbed on Monday, as investors attempted to shake off last week's AI anxieties while awaiting more clarity on the controversy surrounding Nvidia CEO Jensen Huang.