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Musk's xAI accused of illegally firing engineer who raised safety concerns

Musk's xAI accused of illegally firing engineer who raised safety concerns

By Daniel Wiessner June 10 (Reuters) - A former engineer at Elon Musk's xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity.
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xAI Engineer Sues Over Alleged Wrongful Termination for AI Safety Concerns

xAI Engineer Sues Over Alleged Wrongful Termination for AI Safety Concerns

xAI Engineer Sues Over Alleged Wrongful Termination for AI Safety Concerns
Reuters Reuters
Analysis-SpaceX's lofty valuation set to put 'Elon premium' to test

Analysis-SpaceX's lofty valuation set to put 'Elon premium' to test

By Niket Nishant and Johann M Cherian June 9 (Reuters) - SpaceX's landmark listing this week is set to test the "Elon premium" that has made Tesla one of the most highly valued U.S. companies and a must-have among retail investors.
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Analysis-Why the blockbuster SpaceX IPO may spell more bad news for crypto

Analysis-Why the blockbuster SpaceX IPO may spell more bad news for crypto

By Hannah Lang June 10 (Reuters) - SpaceX's much-anticipated $75 billion initial public offering, set to be the largest ever, will likely keep cryptocurrency prices in the doldrums as retail investors attracted to new and risky artificial intelligence stocks scramble to get a slice of the action.  
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Musk’s xAI, SpaceX hit with class action over data center ‘nuisance’

Musk’s xAI, SpaceX hit with class action over data center ‘nuisance’

By Mike Scarcella WASHINGTON, June 9 (Reuters) - Elon Musk’s xAI and SpaceX have been sued by Mississippi residents who say a power plant fueling nearby data centers is blasting “omnipresent and inescapable” noise that has eroded their health and home values.
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SpaceX Prepares for Historic $75 Billion IPO, Offering Retail Investors a Stake in Starlink and AI Ventures

SpaceX Prepares for Historic $75 Billion IPO, Offering Retail Investors a Stake in Starlink and AI Ventures

SpaceX Prepares for Historic $75 Billion IPO, Offering Retail Investors a Stake in Starlink and AI Ventures
TheStreet TheStreet
Elon Musk reveals his grand ambitions for SpaceX ahead of IPO

Elon Musk reveals his grand ambitions for SpaceX ahead of IPO

SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...
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5 reasons why the SpaceX IPO could be an absolute dud

5 reasons why the SpaceX IPO could be an absolute dud

I've watched plenty of hyped IPOs march to market with a great story and a shaky balance sheet. Few have arrived with as much noise as SpaceX. Elon Musk's company filed for an IPO confidentially this spring, and Wall Street is already treating it like the listing of the decade.  CNN joked that ...
TheStreet TheStreet
Elon Musk's SpaceX is coming for your 401(k)

Elon Musk's SpaceX is coming for your 401(k)

SpaceX is preparing for one of the most anticipated public market debuts in history. Elon Musk's aerospace and satellite company is expected to begin trading on the Nasdaq on June 12 with a valuation near $1.75 trillion. The offering could raise as much as $86 billion, potentially making it the ...
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Palantir CEO Alex Karp Discusses AI's Role in Iran Conflict and SpaceX IPO

Palantir CEO Alex Karp Discusses AI's Role in Iran Conflict and SpaceX IPO

Palantir CEO Alex Karp Discusses AI's Role in Iran Conflict and SpaceX IPO
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Factbox-OpenAI joins AI listing queue with Anthropic

Factbox-OpenAI joins AI listing queue with Anthropic

June 8 (Reuters) - OpenAI said on Monday it has confidentially filed for a U.S. initial public offering, joining rival Anthropic in a push toward the stock market as investors seek exposure to the artificial intelligence boom. Wall Street is betting 2026 could be a breakout year for the U.S.
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Cathie Wood says the real IPO opportunity is just beginning

Cathie Wood says the real IPO opportunity is just beginning

The biggest fortunes in modern markets tend to get made in private, long before a stock ever shows up in your brokerage app. By the time a hot company rings the opening bell, the people who funded it early have usually collected the part of the gain that mattered most. That is the quiet trade-off ...