SpaceX Shares Slide as Second Lockup Release Adds to Selling Pressure
SpaceX’s stock fell 5.6 percent on Wednesday as the company’s second lockup period expired, freeing about 319 million shares for trading, according to data compiled by this publication. The decline…
SpaceX Hauls Starship Prototype Home After 24-Day Sea Recovery
The recovery vessel worked for 24 days to bring the Starship back to port, fighting heavy seas the whole way. SpaceX called the operation routine. Nothing about it was. SpaceX…
Anthropic’s Revenue Tops OpenAI’s as the AI Rivalry Tilts
Anthropic’s second-quarter revenue reached roughly $11.5 billion to $12 billion, according to a Wall Street Journal review of financial documents, surpassing OpenAI’s $6.7 billion in the same period for the…
Amazon Expands Prime Air to Nearly 500 Cities in Its Boldest Drone Bet Yet
Amazon said Wednesday it will expand its Prime Air drone delivery service to nearly 500 cities and towns across the United States this year, roughly six times the service’s current…
Wall Street Starts Pricing a Tesla-SpaceX Union, One Rocket at a Time
The roadster has been delayed so often that its launch date has become a joke in car circles, but a former Tesla president said Wednesday that the delays are not…
Samsung Display Restarts Foldable-Screen Plant After Five-Year Pause
Construction crews are preparing to return to a site in Asan, South Korea, that has stood idle since 2021. Samsung Display, the display-making arm of Samsung Group, has approved the…
Tesla’s Robotaxi Debuts Days Away, Nevada Approves 10 Vehicles
Inside Tesla’s Austin headquarters, employees are queuing for test rides in the Cybercab, the robotaxi the company has promised for years. The first rides for staff are underway, and the…
OpenAI Launches ChatGPT for Teens With Parental Controls
OpenAI on Aug. 18 released a dedicated version of ChatGPT for teenagers, bundling parental controls with study-oriented features in an effort to answer months of questions about minors using the…
SpaceX Discloses Shareholder List as 319 Million Shares Come Free
SpaceX, in its latest regulatory filing, laid out who owns the rocket company, and the list reads like a roll call of the modern technology economy. Elon Musk holds 48.4%…
NASA Opens $100 Million Contract to Four Companies, SpaceX Left Out
NASA has chosen four companies, All Points Logistics, Blue Origin, Firefly Aerospace, and L3Harris, to compete for a $100 million contract covering the handling of spacecraft and rocket hardware, the…
