spacex - Tech News from Simmons Systems

Tech News from Simmons Systems

spacex

A collection of 165 posts

Nvidia Reveals $21 Billion SpaceX Stake as Musk Commits to Exclusive Chip Partnership

Nvidia discloses that it owns nearly 123 million shares in SpaceX, a stake worth nearly $21 billion at the end of June according to an SEC filing. The value stems from Nvidia's investment in xAI, completed in January, shortly before Elon Musk combines the AI lab with SpaceX.

SpaceX Completes $60 Billion Acquisition of AI Coding Startup Cursor

SpaceX has officially completed its acquisition of AI coding startup Cursor, according to an announcement on the Cursor blog. The deal, valued at $60 billion, follows an April agreement in which the two companies said they would develop technology together, with SpaceX securing the option to buy the startup. The

Elon Musk Deletes SpaceX and Tesla Facebook Pages Amid Data Scandal

Elon Musk removes the official Facebook pages for SpaceX, Tesla, and SolarCity in response to the growing Cambridge Analytica data privacy scandal. The move adds to the ongoing tension between Musk and Facebook CEO Mark Zuckerberg.

Apple AI Plans, Nvidia Stock Split, and SpaceX Mars Goals Highlight Tech Week

The tech world focuses on Apple's anticipated artificial intelligence reveal at WWDC alongside Nvidia's massive stock split. Meanwhile, Elon Musk continues to push SpaceX's ambitious Mars colonization timeline forward.

SpaceX Prioritizes Cyber Defense to Counter Starlink Jamming in Ukraine

Elon Musk announces that SpaceX is shifting its focus to cyber defense and overcoming signal jamming after Starlink terminals near the Ukraine conflict experience disruptions. This urgent reprioritization causes slight delays to the development of Starship and Starlink V2.

Ukraine Secures Active Starlink Service From Elon Musk Amid Russian Invasion

Ukraine's Vice Prime Minister publicly urges Elon Musk to supply Starlink stations as the country faces the Russian invasion, prompting Musk to activate the satellite service.

SpaceX Launches International Crew to Space Station Using Recycled Hardware

Four astronauts from three countries safely reach the International Space Station after launching from Florida on a recycled SpaceX rocket and capsule.

NASA and SpaceX Delay Historic Astronaut Launch Due to Stormy Weather

NASA and SpaceX scrub their historic Demo-2 mission just minutes before liftoff due to severe weather conditions in Florida. The team now prepares for a second launch attempt on Saturday.

Anthropic Confidentially Files for Mega IPO After $965B Valuation

Anthropic submits a confidential draft registration to the SEC for a highly anticipated initial public offering. The move follows a massive $65 billion funding round and sets up a fierce public market showdown with rival OpenAI.

OpenAI Prepares Confidential IPO Filing Aiming for $1 Trillion Valuation

OpenAI reportedly prepares to file confidential IPO paperwork, potentially reaching a $1 trillion valuation. The public listing forces the heavily loss-making AI company to reveal its massive financial burn rate to investors.

Musk Announces Joint Tesla-SpaceX Chip Facility to Fuel AI Ambitions

Elon Musk reveals plans for a "Terafab" chip manufacturing facility near Tesla's Austin headquarters to address semiconductor shortages for AI and robotics. The ambitious project aims to produce chips supporting 100 to 200 gigawatts of computing power annually on Earth and a terawatt in space.