A single destination for timely, editor-curated robotics news from around the world.
Elon Musk has reignited the debate on the potential merger of Tesla, Inc. and Space Exploration Technologies Corp. during a recent podcast. He highlighted the increasing convergence of technologies between the two companies, particularly with the introduction of Terafab, a semiconductor manufacturin...
Elon Musk's recent comments at the All-In Summit on September 14 have reignited speculation about a potential merger between Tesla, Inc. and Space Exploration Technologies Corp. He described the collaboration between the two companies as significant but did not provide a definitive answer regarding...
Ron Baron, founder and CEO of Baron Capital, has expressed his unwavering support for Elon Musk regarding a potential merger between SpaceX and Tesla. Baron, a long-time investor in both companies, has invested approximately $25 billion in SpaceX and $5 billion in Tesla since starting his investment...
On September 14, Jim Cramer, host of Mad Money, expressed his views on Tesla, Inc. (NASDAQ:TSLA), suggesting that SpaceX should consider acquiring the company. He noted Tesla's recent approval in China and highlighted its second-quarter financials, which showed a 26% revenue increase to $28.24 billi...
SpaceX officially announced its Starmind project on July 9, 2026, detailing plans for an orbital AI compute constellation comprising up to 1 million satellites. This initiative aims to process AI workloads in low Earth orbit, leveraging solar power and passive thermal dissipation to reduce operation...
On February 2, 2026, SpaceX completed the acquisition of xAI in an all-stock transaction valued at $250 billion, marking the largest merger in history. Following this merger, xAI ceased to exist as a standalone entity and is now part of SpaceXAI, which includes Grok, Colossus, and X. This merger is...
SpaceX (NASDAQ: SPCX) went public on June 12, 2026, raising $85.7 billion at $135 per share, marking the largest US IPO since Alibaba. The stock initially surged to $225.64 within three trading sessions but faced a decline after the August 6 insider lock-up expiry and the company's first earnings re...
Hyundai Motor Group Executive Chair Chung Euisun announced that steel from the upcoming Hyundai Steel mill in Louisiana could be utilized beyond automotive applications, potentially in Atlas humanoid robots and SpaceX rockets. This vision was shared during the groundbreaking ceremony for the Hyundai...
NASA's Nancy Grace Roman Space Telescope was successfully launched aboard SpaceX's Falcon Heavy on August 30, 2023, at 07:26:49 a.m. EDT from Kennedy Space Center. This mission aims to position the telescope nearly 1 million miles from Earth, enabling it to capture unprecedented views of the univers...
Amazon, currently valued at $2.8 trillion, is projected to exceed the combined market cap of Tesla and SpaceX, which stands at $3.3 trillion. Analysts anticipate that by 2030, Amazon's growth, driven by its profitable AWS segment, will lead to a valuation of $215 billion in net income on $1.38 trill...
NVIDIA has announced that SpaceXAI will utilize NVIDIA Vera CPUs to enhance its next generation of agentic AI applications. This deployment marks a significant step as it introduces the first CPU specifically designed for AI agents, which will help in orchestrating tools, executing code, processing...
SpaceX and Tesla are embarking on the construction of Terafab, a semiconductor manufacturing facility, as part of a joint venture with Intel. This $16.8 billion investment in a 100-million-square-foot plant in Grimes County, Texas, is crucial for both companies to enhance their supply chain resilien...
NASA's Lunar Reconnaissance Orbiter (LRO) has successfully imaged the impact site of the Falcon 9 upper stage that collided with the moon on August 5. The spacecraft captured detailed photos of the newly formed crater near Einstein Crater, measuring approximately 60 feet wide and less than 10 feet d...
On August 5, a 4.5-ton SpaceX rocket body impacted the moon near Einstein Crater, an event recorded by South Korea's Danuri spacecraft and NASA's Lunar Reconnaissance Orbiter. The Falcon 9 upper stage, which had been in space for over a year, previously launched Firefly Aerospace's Blue Ghost-1 land...
Norway's $2.3 trillion sovereign wealth fund, Norges Bank Investment Management (NBIM), announced a record half-year profit exceeding $182 billion, driven by a 9.4% return fueled by a surge in Asian technology stocks. This report marks the first disclosure of a 0.05% stake in SpaceX, valued at over...
Elon Musk, CEO of Tesla Inc. and Space Exploration Technologies Corp., announced that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will support both the Optimus robot and SpaceX's AI spacecraft. The facility is projected to produce over 1 terawatt of AI compute capac...
Tesla and SpaceX are jointly developing Terafab, with Tesla overseeing the research fab in Austin and SpaceX managing the full-scale production in Grimes County. The two companies confirmed a first-phase investment exceeding $16.8 billion for the Grimes County site on August 6, 2026. This collabora...
During SpaceX's quarterly earnings call on August 4, Elon Musk announced plans to establish factories on the moon, utilizing robots for heavy lifting. This initiative aims to support the production of Starmind AI satellites, with a goal of deploying a million-satellite constellation in Earth's orbit...
SpaceX operates a hybrid supply chain, with approximately 85% of core components manufactured in-house and over 3,000 external suppliers fulfilling the remainder. The company's IPO in June 2026 marked a significant shift, making its supply chain more transparent and investable. This structure includ...
The Korea Pathfinder Lunar Orbiter, Danuri, has successfully identified the impact crater created by SpaceX's Falcon 9 upper stage on the moon. This event occurred early on August 5, 2026, when the Falcon 9, which had launched on January 15, 2025, collided with the lunar surface. Danuri conducted ei...
SpaceX recently reported its earnings, which were impressive but did not positively impact its stock, which fell by 13.6% on Wednesday. Similarly, Tesla's shares also experienced a decline, slipping 1.8%. This trend highlights the challenges both companies face in the current market environment. Th...
SpaceX has announced its first earnings report, revealing substantial investments in artificial intelligence and a bold prediction from Elon Musk for a $100 billion annual revenue run rate by the end of the year. Additionally, the company is planning an ambitious expansion of its Starlink service....
In the early hours of August 5, a SpaceX Falcon 9 rocket's upper stage crashed into the moon at approximately 5,400 mph. This incident has prompted lunar orbiters, including NASA's Lunar Reconnaissance Orbiter and the Korea Pathfinder Lunar Orbiter, to capture imagery of the impact site. The availab...
SpaceX and Nvidia have announced a partnership to develop the Starmind AI1 satellite, which will utilize Nvidia's Rubin GPUs and Vera CPUs for AI computing in low Earth orbit. This initiative aims to create a vast network of satellites, potentially reaching one million, forming a distributed AI supe...
On August 5, 2025, the upper stage of a SpaceX Falcon 9 rocket is set to collide with the moon, creating a crater approximately 89 feet wide. This unexpected trajectory change occurred after the rocket, which launched two lunar landers, was left in a high-Earth orbit due to fuel constraints. The si...
SpaceX's Starship completed its 13th launch on July 24, successfully landing its upper stage in the ocean. The flight achieved significant milestones, including deploying 20 next-gen Starlink satellites and reigniting a Raptor engine in space before a soft splashdown off Western Australia. This suc...
On July 27, 2026, NVIDIA announced the establishment of the 'Open Secure AI Alliance' aimed at improving AI safety and security. This cross-industry alliance, built on the Linux Foundation's Akrites initiative and the OpenSSF community, will focus on utilizing open technologies to address vulnerabil...
Elon Musk humorously referred to himself as a 'former trillionaire' in a post on X, following a significant drop in his net worth. His fortune peaked at approximately $1.45 trillion in June, but by July 27, it had plummeted to below $700 billion, marking a loss of over $750 billion. This drastic de...
In July, Tesla (TSLA) and SpaceX (SPCX) faced significant market losses, contributing to a total decline of approximately $1.2 trillion. SpaceX's market value has plummeted by over $750 billion, while Tesla has seen a reduction of around $440 billion. This downturn is part of a broader trend affecti...
SpaceX (SPCX) stock is experiencing difficulties, having dropped 20% since early last week, coinciding with the cancellation of the Starship V3 launch due to an engine issue. Shares closed at an all-time low of $119.85 on Monday, raising concerns among investors about the stock's future trajectory....
On July 21, SpaceX launched a dual-arm space robot named MRV from Cape Canaveral, Florida. Its mission is to extend the lifespan of aging satellites by attaching jetpacks to them in geostationary orbit, preventing them from becoming space debris. The first clients for this service are Luxembourg's S...
Northrop Grumman successfully launched its robotic spacecraft designed to extend the operational lives of aging communications satellites without the need for refueling. The spacecraft, known as the Mission Robotic Vehicle (MRV), was launched aboard a SpaceX Falcon 9 rocket from Cape Canaveral Space...
SpaceX is set to launch a groundbreaking satellite-servicing mission today, July 21, using a Falcon 9 rocket from Cape Canaveral Space Force Station. The mission, named MRV-MEV, will deploy a Mission Robotic Vehicle (MRV) and three Mission Extension Pods (MEPs) to geostationary orbit (GEO) at an alt...
Subversive ETFs has filed with the SEC to launch two new funds, the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and S&P 500 Ex-Elon Enterprises ETF (SPNE), which will exclude companies associated with Elon Musk, primarily Tesla and SpaceX. This move is aimed at attracting investors who may have concer...
J.P. Morgan analysts have described a potential merger between Space Exploration Technologies (SpaceX) and Tesla as 'strategically coherent on paper.' This statement has reignited investor interest in the possibility of uniting Elon Musk's companies, which share engineering talent and AI ambitions u...
Tesla investors have historically benefited from their confidence in Elon Musk's electric vehicle company, with stock performance often defying downturns. Currently, speculation about a potential merger with SpaceX has fueled optimism among investors, suggesting a 'takeout premium' could be on the h...
Subversive Capital has filed with the SEC for two new actively-managed ETFs, the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the S&P 500 Ex-Elon Enterprises ETF (SPNE). These funds aim to provide capital appreciation by excluding companies founded or led by Elon Musk, specifically targeting large-...
SpaceX's Starmind is designed to provide wholesale AI compute services to businesses, particularly AI labs and cloud customers, rather than individual consumers. The service operates similarly to AWS, where users benefit from applications running on Starmind without direct subscriptions. The compute...
Starmind does not have a standalone stock or ticker; investors can gain exposure through SpaceX (ticker: SPCX), which began trading on Nasdaq after its IPO on June 12, 2026. Starmind is integrated within SpaceX, contributing to the company's AI and space initiatives, and its performance directly inf...
Starmind is a pivotal element in SpaceX's estimated $1.75 trillion IPO valuation, despite currently generating no confirmed revenue. The stock price reflects optimistic projections regarding AI infrastructure growth, which Starmind has yet to substantiate. As of early July 2026, SpaceX's stock has d...
SpaceX has officially named its orbital AI infrastructure project 'Starmind,' which aims to deploy a constellation of up to 1 million satellites. This initiative, confirmed by Elon Musk on June 22, 2026, will enable AI inference directly in space, utilizing solar energy rather than terrestrial power...
SpaceX has announced its ambitious Starmind project, which aims to deploy 1 million AI satellites in orbits between 500 and 2,000 km. This initiative, confirmed by Elon Musk on June 23, 2026, follows a merger with xAI, valuing the combined entity at $1.25 trillion. The satellites will function as or...
SpaceX's Starship V3 is set to revolutionize satellite deployment, aiming to launch 1 million Starmind satellites by 2030. The spacecraft can carry over 100 tonnes to low Earth orbit (LEO), significantly more than the Falcon 9's capacity. As of May 2026, Starship has completed 12 flights, with the n...
SpaceX's Starmind project, aimed at deploying up to 1 million AI satellites, was filed with the FCC on January 30, 2026. The initiative is designed to minimize reliance on external suppliers, with CEO Elon Musk stating that current chip production capabilities only meet 2% of the projected needs. Th...
On January 30, 2026, SpaceX filed with the FCC to launch up to 1 million AI compute satellites, positioning orbital data centers as a solution to the increasing demand for AI computing power. Ground data centers are facing significant challenges, with energy consumption projected to reach approximat...
On January 30, 2026, SpaceX submitted a request to the FCC to launch up to 1 million satellites as part of its Starmind orbital compute constellation. This ambitious plan is unprecedented, as the total number of satellites ever launched globally is in the low tens of thousands. The proposal seeks a...
SpaceX has introduced the AI1 satellite, the inaugural component of its Starmind constellation, which stands 20 meters tall and has a wingspan of 70 meters. This orbital compute node is designed to deliver computing power equivalent to one NVIDIA GB300 server rack, utilizing a unique cooling system...
On June 22, UK Prime Minister Keir Starmer announced his resignation from the leadership of the Labour Party, stating he would continue to serve as Prime Minister until a successor is chosen. Starmer acknowledged the party's concerns about his ability to lead them into the next election and accepted...
On June 12, 2026, SpaceX made headlines by completing its initial public offering (IPO) on the Nasdaq, marking the largest IPO in history with a valuation of $1.77 trillion. The stock opened at $150 and surged by over 30% during trading, closing at $160.99, which pushed the company's market capitali...
OpenAI CEO Sam Altman has postponed his planned visit to South Korea, originally scheduled for June 14-15, due to personal reasons. During the visit, he was expected to meet with leaders from major companies including Samsung Electronics, Kakao, and NAVER. In a separate announcement, Waymo, the aut...
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