SpaceX

Nvidia has disclosed a $21 billion stake in SpaceX, revealing deep financial and technical ties between the two technology giants.

SpaceX has entered a formal agreement to acquire AI coding startup Cursor for $60 billion in stock, aiming to expand its artificial intelligence capabilities.

SpaceX has raised $75 billion in its historic public listing, pricing shares at $135 each and surpassing Saudi Aramco’s previous record.

SpaceX has launched AI1, its first dedicated AI satellite carrying 150,000 watts of onboard compute payload into orbit.

SpaceX has signed an $11 billion annual compute agreement with Google, marking one of the largest infrastructure deals in history.

SpaceX and Google are negotiating a deal to launch orbital data centers in space, positioning the unproven technology as a cornerstone of SpaceX’s investor pitch ahead of a historic IPO.

Elon Musk announced xAI will cease operations as an independent company and integrate fully into SpaceX. The division will now operate under the SpaceXAI brand, consolidating AI development with spacecraft and infrastructure projects.

SpaceX has partnered with Cursor to develop AI coding tools, with an option to acquire the software platform for $60 billion later this year. The deal combines Cursor’s product capabilities with SpaceX’s Colossus supercomputer.

Satellite analyst Tim Farrar says the SpaceX Globalstar deal is nearing a $10 billion close, with SpaceX likely outbidding Amazon to block a rival’s expansion into direct-to-device connectivity.

Elon Musk announced the Terafab project, a $20 billion joint venture between Tesla, SpaceX, and xAI to build a chip manufacturing facility in Austin, Texas.

Elon Musk announced the Terafab project, a $20 billion chip manufacturing facility in Austin, Texas, as a joint venture between Tesla, SpaceX, and xAI. The facility aims to produce a terawatt of computing power per year.

SpaceX rebranded its direct-to-device satellite service as Starlink Mobile at MWC26, targeting a mid-2027 launch with second-generation satellites offering download speeds up to 150Mb/s.

HUMAIN invested $3 billion in xAI’s Series E funding round before SpaceX’s acquisition, becoming a key minority shareholder with equity converted to SpaceX shares.