SpaceX Pays $220 Million to Take 444 Acres Out of Brownsville’s Hands
Around 11 p.m. on Saturday, the Brownsville City Council voted unanimously to cut 444 acres out of the city. The land, adjacent to SpaceX’s Starbase launch site on the Texas…
HBM Spot Prices Hit Five Times Contract Levels as AI Demand Surges
In the memory market’s spot trade, where chips are bought for immediate delivery at whatever the market will bear, the price of HBM has gone vertical. Korea Economic Daily reported…
Nvidia Puts $3.5 Billion Into MediaTek Convertibles
The first batch of RTX Spark laptops sold out within days. ASUS and MSI units were snapped up in preorders, and both makers scrambled to place follow-on orders with their…
Anthropic’s Fundraising Swells Past SpaceX’s $86 Billion Haul
The term sheet was already enormous. Then it got bigger. Anthropic’s latest fundraising round will raise more than the $86 billion SpaceX collected in its stock market debut earlier this…
Italian Buyout Firm Nextalia Closes 1.1 Billion Euros, Shunning the AI Crowd
The fundraising memo made no mention of artificial intelligence. For Nextalia, the Milan-based private equity firm, that was the point. The firm said this month that its second flagship buyout…
Uber Launches $14.8 Billion Offer for Delivery Hero
Uber published its formal offer document for Delivery Hero on Aug. 27, setting a price of 41.50 euros a share and valuing the German delivery company’s equity at about 13…
SpaceX Builds Turbine Foundry in Texas to Make Its Own Power Gear
In Bastrop, a town east of Austin known for a SpaceX factory that stamps out rocket parts, the company is planning something new: a foundry to cast the blades and…
Tesla’s Robotaxi Debuts in Austin Next Week
The cars have no steering wheels, no pedals, and a light bar across the nose that changes color to match a rider’s app. On Wednesday, Tesla plans to put them…
SpaceX Launches NASA’s Roman Telescope on Falcon Heavy
The Falcon Heavy lifted off at 7:26 a.m. Eastern time from Launch Complex 39A at the Kennedy Space Center, carrying a telescope built to survey the universe at a scale…
OpenAI to Halt Cursor Model Supply After SpaceX Deal
OpenAI told SpaceX this week that it will stop supplying models to Cursor, the AI coding tool SpaceX agreed to buy in June for $60 billion in stock. The cutoff…
