Can Cursor Remain a Platform for OpenAI and Anthropic’s Models Inside SpaceX?
Cursor hopes to continue offering third-party AI models after it's acquired by SpaceX, testing the relationships between frontier AI labs.
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Cursor hopes to continue offering third-party AI models after it's acquired by SpaceX, testing the relationships between frontier AI labs.
Amazon says it now has enough satellites operating in low-Earth orbit to light up its Starlink internet competitor. With last night's launch, Amazon Leo has 396 satellites deployed, which is "enough to support continuous service across initial latitudes," according to Chris Weber, VP heading up business and product for Amazon Leo. That puts the company […]
SpaceX reportedly showed investors a "handset-like" AI device before going public. It could be another signal SpaceX wants to expand into wireless.
Meta is developing plans for a cloud infrastructure business, selling access to AI compute power and models. The move would pit it against the big cloud providers like Amazon Web Services, Google Cloud, and Microsoft Azure.
Rocket Lab, the space company best known for its small satellite launcher Electron, has announced plans to acquire Iridium Communications for $8 billion. The deal will combine Rocket Lab's launch services and spacecraft manufacturing with Iridium's satellite-based communications network, putting it in a better position to challenge SpaceX. Iridium offers communications services to over 2.5 […]
Move would test whether group can turn ambition into a mass-market phone business.
Right now he's merely a several-hundred-billionaire, according to Bloomberg's Billionaires Index.
Reflection AI will pay $150 million a month beginning July 1, 2026 through 2029 for immediate access to Nvidia's latest GB300 AI chips and supporting hardware across SpaceX's Colossus 2 data center near Memphis, Tennessee.
SpaceX's AI1 satellite spans 70 meters tip-to-tip — wider than a Boeing 747 — and it exists entirely to run AI inference in low Earth orbit. Elon Musk posted the reveal video to X on June 9, 2026, ahead of SpaceX's IPO, with a three-word summary: "much simpler than Starlink." Each satellite produces 150 kW of peak AI compute and 120 kW sustained. SpaceX's roadmap calls for 1 GW of orbital AI compute capacity by late 2027, which at 150 kW per satellite means manufacturing roughly 6,700 AI1 units per year. To hit that number, they are building an 11-million-square-foot facility in Bastrop, Texas called Gigasat — nearly twice the floor area of Tesla's Gigafactory Nevada, dedicated to satellite production. The question is not whether the engineering works. SpaceX has launched more than 7,000 Starlink satellites. The question is whether orbital AI compute makes economic sense at scale, and that question nobody has answered publicly yet. The Reveal Wasn't Accidental SpaceX filed for its IPO at approximately $75 billion valuation in early June 2026. Musk's June 9 reveal of AI1 arrived within days of that filing. Orbital AI compute is the narrative SpaceX needs to justify a valuation that goes beyond launching satellites for other people. Every terrestrial cloud provider — AWS, Google Cloud, Azure — is competing for land, power, and cooling capacity to support the next generation of frontier AI. Musk's pitch is that those three constraints don't exist in space. The physics backs him up. The economics remain unproven. Why Space Has Structural Advantages for AI Compute The AI1 satellite's design exploits two physical realities that are impossible to replicate on Earth. Power is essentially free. In a sun-synchronous LEO orbit, a satellite receives near-constant solar illumination. SpaceX's solar arrays achieve 250 W/m² power density without atmospheric attenuation. The marginal cost of electricity after the capital investment in the array is close to zero — no grid contracts,
One previously unreported SpaceX investor has ties to Chinese military contractors.
SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday.
SpaceX's valuation has increased by $1 trillion since its shares started trading on Friday.
SpaceX's IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, how AI is playing a part.
As of today, SpaceX is owned by investors who will want to see it make money.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
The company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
SpaceX’s stock market debut has thrust the richest man in the universe into an unexplored frontier of wealth.
The trading platform says some customers experienced intermittent disruptions, but those issues have resolved.
Elon Musk is now officially the world's first trillionaire. That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our […]