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#Elon Musk

Startups

SpaceX IPO jumps 19% as $US75bn debut tests tech

SpaceX IPO shares closed 19% above offer after a $US75bn raise, setting the public-market test for OpenAI and Anthropic.

By Jules Hartman
AI

xAI Grok lawsuit puts AI safety before SpaceX IPO

xAI Grok lawsuit claims a former engineer was fired after safety complaints, widening scrutiny of Musk's AI stack before SpaceX's IPO.

By Asha Iyer
Startups

SpaceX IPO price set at $US135 in record $US75bn float

SpaceX IPO price of $US135 puts Elon Musk's rocket company on track for a record $US75bn float and a $US1.75tn valuation.

By Jules Hartman
Policy

Trump’s aborted AI order shows who writes the AI rules

Trump AI order politics now turn on who sets model-safety terms, with Australia likely to keep leaning on sectoral compliance.

By Marnie Blackwood
Startups

SpaceX IPO filing: S-1 reveals $US18.7bn 2025 revenue

SpaceX IPO filing reveals $US18.674 billion in 2025 revenue, 10.3 million Starlink users and Elon Musk's control ahead of a Nasdaq float.

By Jules Hartman
AI

Jury tosses Elon Musk lawsuit against OpenAI

A California jury dismissed Elon Musk's lawsuit against OpenAI as untimely, easing an immediate legal threat over the company's direction as the AI race intensifies.

By Asha Iyer
AI

xAI launches Grok Build to challenge Anthropic and OpenAI in coding agents

xAI has launched Grok Build, a terminal-based coding agent for SuperGrok Heavy subscribers, taking on Anthropic and OpenAI in AI developer tooling.

By Asha Iyer