Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
Category: Space Exploration Technologies Corp
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Investors Fret Over Tesla’s $25 Billion A.I. Bet
The New York Times – Business: -
The Consequences of SpaceX’s Latest A.I. Moonshot
The New York Times – Business:Elon Musk’s rocket and satellite internet titan may pay $60 billion for an A.I. coding start-up. It further clouds SpaceX’s once-simple business plan.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
The New York Times – Business:As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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SpaceX Strikes Deal With Cursor for $60 Billion
The New York Times – Business:The potential acquisition comes as Elon Musk’s rocket and satellite maker, which has been emphasizing artificial intelligence, is preparing to go public.
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Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The New York Times – Business:The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.
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Big Banks Seeking a Piece of SpaceX’s I.P.O. Must Subscribe to Elon Musk’s Grok
The New York Times – Business:Mr. Musk is requiring Wall Street firms to purchase subscriptions to his A.I. chatbot if they want to advise on one of the largest initial public offerings in history.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
The New York Times – Business:An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
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A World Where All Is Free? That’s Elon Musk’s Theory of ‘Sustainable Abundance.’
The New York Times – Business:The Tesla and SpaceX chief has told his followers that they will live in a world where robots will take care of every need and people do not have to work, in what has become his latest slogan.
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The Web of Companies Owned by Elon Musk
The New York Times – Business:In mapping out Elon Musk’s wealth, our investigation found that Mr. Musk is behind more than 90 companies in Texas. Kirsten Grind, a New York Times Investigations reporter, explains what her team found.
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Elon Musk’s Secret Web of Companies in Texas
The New York Times – Business:The megabillionaire was tied to about 90 companies in the state, which he uses for everything from paying nannies to buying land to supporting Donald Trump’s re-election, according to a Times examination.
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Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
The New York Times – Business:Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the investment just before xAI was acquired by SpaceX, Mr. Musk’s rocket company.
