Musk v. Altman: Much ado about nothing

Earlier this month, SpaceX and Anthropic announced a new compute partnership that provides access to the rocket company's Colossus data centers in Memphis, TN. Now, with the release of SpaceX's IPO filing, we have more details about that deal, including how much Anthropic is paying to Elon Musk's company. In its S-1 filing, SpaceX said that Anthropic agreed to pay $1.25 billion per month through May 2029 for access to SpaceX's AI training centers at Colossus I and Colossus II. That's $15 billion annually, or nearly double the $18.7 billion in revenue that SpaceX reported in all of 2025. The agreement includes a clause in which either com … Read the full story at The Verge.

SpaceX’s long-awaited IPO filing has laid bare the financial and regulatory challenges facing Elon Musk’s AI division xAI, which lost $6.4 billion from operations on $3.2 billion in revenue in 2025 — a widening gap from its $1.56 billion loss on $2.62 billion in revenue the year before. Capital expenditure is accelerating sharply, reaching $7.7 billion in […]

OpenAI is preparing to file for an initial public offering as soon as within days or weeks, with CEO Sam Altman targeting a market debut by September, according to reports citing sources familiar with the matter. The company is working with Goldman Sachs and Morgan Stanley and may file confidentially with regulators imminently — a move that […]

OpenAI's governance issues could undermine investor confidence and highlight the tension between profit motives and ethical AI development. The post OpenAI faces governance challenges ahead of IPO amid Sam Altman concerns appeared first on Crypto Briefing.

The SpaceX IPO is here, and it's more than just an historic public offering that could make Elon Musk the world's first trillionaire. It also reveals more ways in which Elon Musk's companies interact and overlap with each other, shuffling money around in ways that are often difficult to keep track of. This is evident in ways that are both obvious and less so. A CTRL-F search for "Tesla" yields 87 results, xAI is mentioned 356 times, and X 267 times. Even the Boring Company (7 times) and Neuralink (3) get a few mentions. Throughout its 330 pages of rocket launches and interplanetary wishes, you can trace the network of ways in which Musk's … Read the full story at The Verge.

Elon Musk’s rocket-to-AI conglomerate lays out its planetary ambitions

SpaceX's IPO strategy highlights the tension between founder control and investor influence, impacting future governance and innovation dynamics. The post SpaceX’s IPO to maintain Elon Musk’s control with dual-class shares appeared first on Crypto Briefing.

The investment comes as Elon Musk’s AI unit faces complaints about the carbon-emitting units and looks to become a big player in cloud computing.