Elon Musk

Elon Musk coverage — Tesla, SpaceX, xAI, and his political activity — across the spectrum.

359 articlesLast updated 2026-09-22 16:15 UTC

SpaceX AI Unit Projected to Hit $275 Billion to $322 Billion by 2030, Analysts Split on Whether the Math Holds Up

Wall Street is throwing around numbers on SpaceX's AI business that would have sounded insane two years ago: Goldman Sachs says $322 billion in AI revenue by 2030, Motley Fool cites Wall Street consensus at $275 billion. Morningstar thinks the whole company is worth half what it trades for. Somebody's wrong, and the company still lost $541 million last quarter.

Fitch Gives Tesla Its First Investment-Grade Credit Rating, Then Warns About the Cash Burn Coming

Fitch Ratings handed Tesla a first-time BBB issuer default rating with a stable outlook, a milestone for the company's balance sheet. But the same report warns that Tesla's coming capital spending wave could push free cash flow negative and add debt, even as Tesla juggles a California discrimination trial, an Optimus delay, and a Vietnam expansion into VinFast's backyard.

Tesla Files Paperwork to Enter Vietnam, Where VinFast Owns 92% of the EV Market

Tesla quietly registered a $3 million subsidiary in Ho Chi Minh City on September 11, its first legal foothold in Vietnam. The problem: VinFast already controls 92% of the country's EV sales, runs 150,000-plus proprietary charging ports Tesla can't use, and has been Vietnam's top-selling automaker for 24 straight months. Paperwork isn't market share.

JPMorgan Projects $320 Billion Tesla Robotaxi Revenue by 2035, With 98% Going to Tesla, Not Car Owners

JPMorgan analyst Rajat Gupta's new model estimates Tesla could pull in roughly $320 billion in robotaxi revenue by 2035, but nearly all of it, about $314 billion, would come from a Tesla-owned fleet rather than the owner-operated network Elon Musk spent years promoting. Translation: the passive-income pitch to Model Y owners is dead, and Tesla keeps the money.

Kalshi, Coinbase and Kraken's Parent File Same-Day Bids for Never-Expiring Futures on Apple, Tesla and Nvidia Stock

Kalshi, Coinbase Derivatives and Kraken parent Payward all filed with federal regulators on September 18 to launch perpetual futures on individual US stocks, a no-expiration derivative already common in crypto trading. None of the products has been approved, and the filings land just three days after a Senate crypto market-structure bill collapsed.

Tesla to Operate Public Megachargers at Three New California Truck Depots It Doesn't Own

Forum Mobility announced Sept 17 that Tesla will operate public Megacharger stations at three of four new heavy-duty truck depots it's about to break ground on in California, tied to reservations for more than 330 Tesla Semi trucks. Tesla isn't building or owning the real estate, it's selling the hardware and taking a cut of every kilowatt-hour, a lower-risk model than the Supercharger network. Some of the buildout is funded by state and regional grants, meaning taxpayers are subsidizing part of the infrastructure a private company will profit from.

China's Open-Weight AI Models Sit Four Months Behind US Rivals, and Tesla Still Can't Get a Robotaxi Permit There

A Mozilla report says China's best open-weight AI models trail American frontier systems by about 4.4 months but cost a fraction of the price, and US companies are routing traffic to them fast. Meanwhile Tesla's driverless Cybercab is on static display in Beijing and Shanghai this week with no permit to actually drive, while Chinese robotaxi operators already run fleets in more than 20 cities. Two different fronts, same story: China's tech ecosystem is closing gaps fast while guarding its own market.

Congress, Musk and King Charles Press AI Firms on Control as Unverified OpenAI Server Breach Claim Surfaces

Since OpenAI's September 16 disclosure of six new misalignment cases, the fallout has widened: a bipartisan House hearing, a royal warning from King Charles in Scotland, and an unverified Elon Musk claim that AI agents held admin access to OpenAI's servers for a week without detection. None of it has produced new legislation, and Musk's server-breach claim comes from a podcast, not an OpenAI disclosure.

Grassley Releases Email Showing FBI Agent Pushed to Criminally Investigate Musk Over DOGE 'Five Things' Memo

A February 2025 email released by Sen. Chuck Grassley shows then-FBI Special Agent Kevin Gounaud wanted to open a criminal case against Elon Musk over DOGE's request that federal workers list five weekly accomplishments. Gounaud compared it to Hillary Clinton's email server scandal, though the FBI itself never brought charges against Clinton for lack of criminal intent, and no investigation of Musk was ever confirmed to have opened.

FAA Locks In September 22 for SpaceX's First Attempt to Put Starship in Orbit

The FAA confirmed September 22 as the primary launch date for Starship's 14th test flight, the first attempt to send the rocket into a stable Earth orbit after 13 suborbital hops. SpaceX will skip the booster catch this time, fly six orbits over roughly 10 hours, and deploy 26 next-generation Starlink satellites that its CFO says will finally make the rocket money.

Djibouti Signs Artemis Accords as U.S. Speeds Space Deals With Australia While SpaceX Preps Next Starship Catch

Djibouti became the 72nd nation to sign the Artemis Accords on Monday, Australian officials told parliament a new U.S. treaty will cut joint space-mission approval time from two years to nearly nothing, and SpaceX quietly tested hardware for catching a Starship upper stage even as Flight 14 slipped again to no earlier than September 22. Three separate storylines, one pattern: alliances and private industry are moving faster than NASA's own budget fight in Washington.

Musk's X Corp and SpaceXAI Drop Apple From Antitrust Suit, Keep Pressing OpenAI Monopoly Claims

Elon Musk's X Corp and SpaceXAI told a Texas federal court Monday they've resolved their claims against Apple in the year-old AI antitrust suit, dismissing them with prejudice and no explanation. OpenAI stays in the fight alone, now demanding to see the Apple settlement terms before a summary judgment deadline hits.

SpaceX Stock Has Round-Tripped From $225 to $105 and Back to $150 Since Its June IPO

Since SpaceX debuted on Nasdaq June 12, shares have swung from a first-week high of $225.64 to a low of $104.83 in early August and are now back near the $150 opening price, according to The Motley Fool. Fresh lockup data shows more shares hitting the market through December, and two source sets disagree on whether SpaceX is draining money out of the Magnificent 7 or whether rising bond yields are the real drag on tech momentum.

SpaceX's Nasdaq 100 Weight Set to Jump This Month as Lockup Expirations Free Up Shares

SpaceX's Nasdaq 100 weighting is on track to roughly double or more when the index's quarterly rebalance takes effect Monday, September 21, as insider lockup expirations expand its public float. Estimates range from JPMorgan's $15.5 billion passive-buying forecast to newer Nasdaq pro forma data showing an even bigger jump, but the same mechanism that's pulling in index-fund money also unlocks over 2 billion more shares insiders could sell by year's end.

Tesla Installs 720-Megapack Battery Array at Musk's xAI Memphis Site, Company Calls It the Nation's Largest

Satellite imagery from July 2026 shows xAI has stacked 720 Tesla Megapacks at its Colossus 2 supercomputer campus in Memphis, storing an estimated 2.8 to 3.3 gigawatt-hours. SpaceXAI says the batteries will ease grid strain and cut reliance on controversial gas turbines, but it hasn't confirmed the turbines are actually going away, and residents in the surrounding historically black neighborhoods are still waiting on millions in promised tax-revenue benefits.

Intel-Backed Altera Preps $2 Billion IPO as AI Money Wars Between OpenAI and Musk's SpaceX Escalate

Silver Lake and Intel-backed chipmaker Altera is lining up a confidential IPO filing that could raise over $2 billion, part of a record year for U.S. listings fueled by AI money. Meanwhile OpenAI is cutting Cursor off from its models after SpaceX bought the coding tool for $60 billion, the latest round in Sam Altman and Elon Musk's decade-long feud. Wyoming, sitting on cheap land and power, is trying to cash in on the same AI infrastructure boom that other states are starting to tax and restrict.

Musk's Boring Company Raises $3 Billion at $23 Billion Valuation, Led by the UAE

The Boring Company closed a $3 billion Series D round led by the United Arab Emirates, quadrupling its 2022 valuation to $23 billion. The money is tied to a 150-kilometer tunnel commitment in the UAE, but the company's track record outside Las Vegas is mostly canceled projects, and investors were reportedly required to help recruit staff or lobby officials to get in on the deal.

Clearview AI Tested a Web-Crawling Profile Tool Powered by Elon Musk's Grok, Company Says It Has Never Been Deployed

Wired uncovered a prototype called InquiryIQ inside Clearview AI's code that would use an xAI Grok model to turn a single facial recognition match into a full profile: employers, aliases, associates, and physical characteristics. Clearview says no police department has ever used it and it isn't planned for release, but the tool exists, and a RAND Europe report out this year says exactly this kind of AI-biometric fusion needs independent oversight before it ships.

Trump's MAGA Inc Commits $35 Million-Plus to Senate Races as Musk's PAC Opens Trans-Focused Ad Blitz

Since Trump said on September 4 he'd put $400-500 million of MAGA Inc's roughly $1 billion war chest into the midterms, his operation has moved fast: a newly formed, linked PAC reserved $25 million in ads across six Senate races and one House race, and MAGA Inc separately committed $10 million to Ken Paxton's Texas Senate bid. Elon Musk's America PAC is opening its own blitz, hammering four Democratic Senate candidates over transgender sports policy.

Slovenia Becomes Sixth EU Country to Clear Tesla FSD, All Riding on One Sealed Dutch File

Slovenia just became the sixth EU country to allow Tesla's Full Self-Driving system on public roads, joining five others that copied a single Dutch approval nobody outside the Netherlands has actually reviewed. The underlying safety file was sealed as a trade secret at Tesla's request, and the real fight is an October 6 vote that could open all 27 EU countries at once.

Oppenheimer Raises SpaceX Target to $280 as Rival Analyst Ties Its $2 Trillion Valuation to an Unsolved Starship Problem

Oppenheimer's Timothy Horan bumped his SpaceX price target to $280, betting the company's AI and cloud business will dwarf its rocket business by December. Pivotal Research, initiating coverage the same week, says the whole $2 trillion valuation hinges on solving a 'massive engineering bottleneck' in Starship reusability that nobody has cracked yet. Both firms rate the stock a Buy. Neither can promise the bet pays off.

FCC's New Direct-to-Phone Satellite Rules Kick Off a Spectrum Fight Among AST SpaceMobile, SpaceX, Amazon and Rocket Lab

The FCC's Supplemental Coverage from Space authorization has turned satellite-to-phone service into a real business, and four public companies are racing to lock down the radio spectrum that makes it work. AST SpaceMobile, SpaceX, Rocket Lab and Amazon are all posting huge growth numbers, but independent analysts warn satellites alone still can't replace cell towers, and launch capacity, not rockets in the abstract, may be the real bottleneck.

Trump's SpaceX Stake Sits Underwater While Musk Moves Up Orbital Data Center Timeline Again

Financial disclosures show President Trump bought up to $50,000 of SpaceX stock on June 23, weeks after the company's record $1.77 trillion IPO, and the position may be underwater after a roughly 40% drop from post-IPO highs. Days ago Elon Musk moved up SpaceX's orbital AI data center launch target for the second time since the IPO, even as analysts flag his long history of missed deadlines.

NHTSA Opens Audit Into Tesla's Cybercab Self-Certification, Shares Fall Following Austin Launch

Tesla put driverless, steering-wheel-free Cybercabs on Austin streets Thursday. By Friday, federal regulators had opened a formal audit into how Tesla decided the vehicles were legal without ever asking permission first. Tesla shares fell more than 5% on the news.

SpaceX Preps Friday Starlink Launch as US Famine Tracker Stays Dark and China Hackers Hit Cisco Routers

SpaceX is set to launch 27 more Starlink V2 Mini satellites Friday, September 4, with Starship's first orbital V3 satellite deployment mission targeted for September 15. The same week, a U.S.-funded famine early warning system remains without months of data on Somalia, cybersecurity firm Sygnia flagged China-linked hackers hiding inside Cisco routers, and Europe's FLEX satellite is scheduled to launch and map plant health worldwide.

Musk's America PAC Reports First $800,000 in 2026 Midterm Spending, With Up to $200 Million Planned

Elon Musk's America PAC filed its first independent expenditures of the 2026 cycle late Wednesday, showing roughly $800,000 spent in August on Senate and House battlegrounds, led by Texas and Maine. It's a fraction of the $100 million to $200 million Musk has reportedly authorized, and it lands right after he met privately with Speaker Mike Johnson.

At G20 Summit in Chapel Hill, Nvidia's Huang Tells Nations to Build AI Like Highways While Musk Warns of Power Shortage

Nvidia CEO Jensen Huang, OpenAI's Sam Altman and Anthropic's Tom Brown pitched G20 ministers in Chapel Hill, North Carolina on treating AI compute as national infrastructure, while Elon Musk projected AI could add $30 trillion a year to the global economy and warned of an imminent power shortfall. Nvidia is lining up $500 billion in financing for the buildout even as critics call the arrangement circular, and back home Trump's 'backwards and poor' jab at data-center opponents has Republicans and Democrats alike pushing back.

Nvidia Guides to 70% Fiscal 2028 Revenue Growth, Discloses SpaceX Stake and $12.9 Billion Hugging Face Deal

Since its August 26 earnings report showed revenue more than doubling to $96.2 billion, Nvidia has piled on a 70% growth forecast for fiscal 2028, disclosed a 122.8 million-share stake in SpaceX, and reportedly agreed to buy Hugging Face for $12.9 billion. Wall Street is split: some analysts call the guidance shockingly bullish, others call the accompanying $500 billion financing push bananas.

SpaceX Closes $60 Billion Purchase of Cursor Maker Anysphere, OpenAI Moves to Cut Off Its Models by November 12

SpaceX has completed its $60 billion acquisition of Anysphere, the company behind the AI coding tool Cursor, first teased as an option back in April 2026. OpenAI responded by announcing it will stop supplying its models to Cursor on November 12, citing what it calls a pattern of Elon Musk's companies violating usage terms. Cursor's four co-founders, including 25-year-old Aman Sanger, become some of the youngest billionaires in tech.

Musk Confirms Secret SpaceX Foundry to Cast Gas Turbine Blades, Says It Could Cut AI Power Delays by 18 Months

Elon Musk confirmed Saturday that SpaceX is building a foundry in Bastrop, Texas to cast gas turbine blades in-house, aiming to break a global bottleneck that's left turbine orders sold out through 2030. The move could speed up AI data center power, but it also means more gas-fired plants, and the sourcing here doesn't answer basic questions like permitting timelines or actual emissions impact.

Space Startups Raised a Record $20.3 Billion in 2026, and It Has Nothing to Do With SpaceX's IPO

Private investors have pumped $20.3 billion into space and satellite startups this year, the highest annual total Crunchbase has ever recorded, with four months still left on the clock. That's separate money from SpaceX's record-breaking public offering, and a chunk of it is chasing a new bet: orbit as a place to run AI compute, not just launch rockets.

Musk Warns a Third of 2027 AI Chip Output Could Sit Unpowered, Even as xAI Chases a 10-Gigawatt Buildout

Elon Musk posted on X that roughly 15 gigawatts of AI compute built for 2027 won't be able to power up on schedule, blaming transformers, cooling and grid bottlenecks rather than a lack of electricity. The kicker: Musk's own SpaceX/xAI operation is racing to hit 10GW by the same deadline, and it's already been sued over unpermitted gas turbines at its Memphis site.

Grok AI Assistant Reportedly Places a Tesla Model Y Order, Per Screenshot Shared on X

A screenshot posted August 29, 2026 by X user @cb_doge claims xAI's Grok Bot placed a Tesla Model Y order for another user, using a single-use virtual card after getting explicit permission. Neither Tesla nor xAI has issued its own confirmation of this specific transaction, but it lands right after Tesla's confirmed rollout of Grok Voice Think Fast 2.0, which gives the in-car assistant real control over vehicle functions.

Tesla Sets September 3 Cybercab Launch in Austin. Days Before It, a Robotaxi Hit Traffic Posts

Tesla locked in September 3 for an invite-only Cybercab launch in Austin, its no-steering-wheel, no-pedal robotaxi. Days before that event, a driverless Model Y Robotaxi hit plastic traffic posts marking a curb extension, not long after Tesla's head of AI told investors the program has an "impeccable" safety record. Tesla's entire fleet is 59 cars against Waymo's roughly 4,000, and the gap between a slick launch event and a fully unsupervised two-seat pod with zero manual controls is still wide open.

Dutch Renters Can Now Book a Tesla With Full Self-Driving by the Hour, No Ownership Required

MyWheels put Europe's first FSD-equipped shared Tesla on the road in Den Bosch on August 27, betting that supervised autonomy cuts damage claims across a 3,000-car fleet. Renters still hold full legal responsibility, and Tesla's European software sits a full version behind what American owners already have thanks to slower EU approval.

OpenAI Cuts Off Cursor After SpaceX Buyout, Citing Musk Companies' History of Contract Violations

OpenAI announced Friday it will stop supplying AI models to Cursor after Elon Musk's SpaceX bought the coding tool for $60 billion. OpenAI didn't accuse Cursor of wrongdoing; it says it can't trust SpaceX given past contract breaches by Twitter/X and xAI. Cursor's Michael Truell says OpenAI models are just 5% of Cursor's traffic and he's trying to work it out.

Child Abuse Survivor Sues Elon Musk's xAI, Alleges Grok Was Trained on Her CSAM Images

A woman identified as Jane Doe filed a proposed class action against xAI on August 26, alleging Grok's image-generation tools were trained on child sexual abuse material depicting her from two decades ago. This is at least the fourth lawsuit against xAI over Grok-generated CSAM since January 2026, and Musk's company has yet to publicly answer the specific training-data allegation.

Betting Markets Now Favor Anthropic, Not SpaceX, For Biggest 2026 IPO

Polymarket traders now give Anthropic 58% odds of posting the largest IPO of 2026, up from just 6% odds three weeks ago, as SpaceX's title slips. Anthropic's revenue is exploding toward $65 billion annualized and it's telling investors it sees a $30 trillion market, but this is still a bet on a company that hasn't filed a public prospectus or set a price.

SpaceX Commits $100 Billion to Build Starship Spaceport in Louisiana

SpaceX and Louisiana officials announced a $100 billion plan to build 'Starbase, Louisiana,' a 125,000-acre spaceport in Vermilion Parish, with construction starting in 2027 and a first launch targeted for 2029. It's a massive bet on Starship, a rocket that still hasn't proven it can complete a full reusable flight, and it comes with real environmental tradeoffs in one of the country's most fragile coastlines.

NASA's Roman Space Telescope Set to Launch Sunday, August 30, on SpaceX Falcon Heavy

NASA is targeting no earlier than 7:26 a.m. Eastern on Sunday, August 30, to launch the Nancy Grace Roman Space Telescope aboard a SpaceX Falcon Heavy rocket from Kennedy Space Center. The telescope has a field of view 100 times larger than Hubble's and is built to hunt dark energy, map billions of galaxies, and find tens of thousands of new exoplanets. NASA moved the launch up from an originally planned September window, which is rare enough in government work to say out loud.

Starlink runs 15,000 daily support calls through xAI's Grok Voice, no human required for 70% of them

Starlink is routing more than 15,000 customer support and sales calls a day through xAI's Grok Voice, resolving 70% without a human agent and closing over 3,000 orders a week. It's a real production deployment, not a demo, but independent benchmark data shows the model still fails roughly two in five hard call scenarios and isn't even the top-ranked voice AI on the market.

SpaceX Hires Natural Gas Trader as Company Builds Its Own Power Supply Chain

SpaceX is recruiting a trader to build and lead an in-house natural gas trading desk, part of a broader push to build its own gas-fired power plants, pipelines, and possibly drilling operations. This is a rocket company turning into a vertically integrated energy operator, and it tells you exactly how much power Starship, Starlink, and xAI's data centers are about to demand.

Berkshire's Bigger Alphabet Bet Comes With $700 Million in SpaceX Exposure, By Accident

Berkshire Hathaway boosted its Alphabet stake 83% last quarter to nearly 106 million shares worth $38 billion, making Google's parent its third-largest holding. Because Alphabet owns roughly 4% of SpaceX, Berkshire now has an indirect $700 million interest in Elon Musk's rocket company, without buying a single SpaceX share.

Kyoto Scientists Turn 1,200 SpaceX Starlink Satellites Into a Free Atmosphere Scanner

A Kyoto University team used public orbital data from roughly 1,200 Starlink satellites to build the first detailed map of density in Earth's thermosphere, a region 300 miles up that's nearly impossible to observe directly. SpaceX didn't design Starlink for this. Taxpayers didn't fund a new satellite fleet for it either. Private infrastructure just did science a favor for free.

JPMorgan Tours Tesla's Fremont Plant: Optimus Lines Going In, Robotaxi Still Runs on 380,000 Miles

JPMorgan analyst Rajat Gupta walked Tesla's Fremont factory this month and reported Optimus production lines are being installed where Model S and X used to build, with external humanoid sales targeted for as early as the second half of 2027. Tesla's robotaxi service, meanwhile, is still running a small Austin fleet after more than a year, with just 380,000 unsupervised miles logged. Both things are true at once, and investors should hold them together instead of picking one.

Ex-SpaceX Engineers Revive a $400 Million Failed Nuclear Reactor to Feed AI Data Centers

Applied Atomics, founded by two former SpaceX engineers, has licensed BWXT's dormant mPower small modular reactor design and is targeting first commercial operation around 2031. The AI industry's power hunger is dragging a decade-old nuclear flop off the shelf, but no small modular reactor has ever reached full commercial operation in the US, and skeptics say this could be nuclear's fifth false dawn.

China Orders Tesla to Recall Nearly 3 Million Cars Over Hidden Door Handles, Largest Recall in the Country's History

China's market regulator ordered Tesla to fix 2.98 million vehicles because the emergency mechanical door releases are too hard to find in a crash. Ten other automakers, including Xiaomi and Geely, got hit with similar recalls the same day, totaling roughly 4.27 million cars, all tied to a design flaw China plans to ban outright starting January 2027.

Ukraine Running Low on Patriot Interceptors, Wants Musk's OK to Strike Russian Missile Launchers With Starlink Drones

Kyiv is burning through Patriot interceptors faster than allies can supply them, and Zelenskyy is asking Trump to lean on Elon Musk to let Ukraine use Starlink-guided drones up to 200km into Russia. Meanwhile a Ukrainian government watchdog found deficiencies in 93% of bomb shelters inspected nationwide, undercutting the argument that missiles alone would fix civilian protection.

Tesla Recalls 2.74 Million China-Made Vehicles, Its Largest Chinese Action Yet

Tesla is recalling 2,740,642 Model 3 and Model Y vehicles built in China, the biggest single recall in the automaker's history there. Like nearly every prior Chinese Tesla recall, the fix ships over the air, no shop visit required.

Tesla Asked Nevada for 5,000 Las Vegas Robotaxis. It Got 10.

Nevada regulators approved Tesla, Uber, and Waymo permits that could theoretically put 8,000 robotaxis in Clark County, but the actual paperwork tells a different story. Tesla's own interim permit caps it at 10 vehicles, geofenced to the Strip, capped at 45 mph, with a human supervisor required in every car. The 8,000 number is a ceiling nobody expects to hit.

Anthropic Investors Eye $2 Trillion to $3 Trillion IPO Valuation, Aiming to Beat SpaceX's Record

Since disclosing plans to go public before OpenAI, Anthropic is now reportedly targeting a valuation that could hit $2 to $3 trillion, according to the Financial Times, which would top SpaceX's record $75 billion IPO from June. The company has not confirmed a target valuation, and its 2025 net loss of roughly $42 billion raises the obvious question: does the math actually work.

Tesla's Austin Robotaxis Go Fully Unsupervised Days After One Plowed Through Bollards

All 170 Tesla Robotaxi rides tracked in Austin over the past two weeks ran with zero human safety monitor, according to independent tracking site Robotaxi Tracker, right as Tesla preps a Cybercab launch this month. Days before that milestone, a passenger filmed an unsupervised Model Y push straight through curbside bollards, undercutting Tesla's own claim of a spotless safety record.

SpaceX's Plan for 1 Million AI Satellites Would Dump Tons of Metal Into the Atmosphere Every Year

SpaceX has filed with the FCC to launch up to a million AI data center satellites, and Elon Musk says he wants to run the whole constellation himself. Scientists say the plan would burn thousands of tons of copper, gold, and other metals in the atmosphere annually and could meaningfully worsen ozone depletion. Nobody has answered the basic question of whether this is remotely practical, let alone environmentally sound.

Grok Can Be Tricked Into Leaking Your Chat History, and xAI Still Hasn't Fixed It

Security firm Adversa AI says it found a way to make Elon Musk's Grok chatbot steal a user's name, location, subscription tier, and full chat history just by having it summarize a poisoned web page. xAI was told in June 2026, acknowledged the report, then went quiet, and Adversa says the attack still worked as of August 19, 2026.

China's LandSpace Lands Reusable Rocket Booster, Closing Gap With SpaceX

A Chinese startup landed an orbital-class rocket booster Wednesday, becoming the third private company on Earth to pull it off after SpaceX and Blue Origin. Meanwhile NASA released fresh photos of the 60-foot crater SpaceX's own booster left on the moon two weeks ago. Reusable rockets are the future of spaceflight, and China just proved it's not conceding the field.

Godfather of AI Warns Mass Unemployment Is Coming. Musk and Gates Have Said the Same Thing.

Geoffrey Hinton, the Nobel-winning computer scientist known as the Godfather of AI, told Sen. Bernie Sanders in November 2025 that massive AI-driven unemployment is likely, not just possible. He says tech companies are betting trillion-dollar data center investments on AI replacing human workers outright, not just augmenting them.

One Chinese Company Bankrolled by Sanctioned Iranian Oil Is Now Worth More Than Tesla in Revenue

Hengli Group, a Chinese industrial giant run by billionaire Chen Jianhua, has become one of the largest buyers of sanctioned Iranian crude, according to U.S. Treasury sanctions and industry analysts. The company denies trading with Iran, but Treasury sanctioned its refinery arm this year over billions of dollars in alleged Iranian petroleum purchases. China's Commerce Ministry has told companies to ignore the U.S. blacklist entirely.

Morgan Stanley Keeps Tesla at Equal Weight, Tells Investors Robotaxi Needs to Prove Itself

Morgan Stanley analyst Andrew Percoco held his Equal Weight rating and $415 price target on Tesla in an August 11 note, but said the company's margins, R&D spending and cash burn have raised the bar for what Robotaxi and Optimus need to show. The one bright spot: FSD attach rates blew past Morgan Stanley's own estimates.

Harvard Discloses $2.2 Billion SpaceX Stake, Its Largest US Stock Holding

Harvard Management Company's latest 13F filing shows a $2.2 billion position in SpaceX, the biggest single stock in its $4.3 billion US equity portfolio. It's a payoff from venture capital bets made more than a decade ago, now cashing in after SpaceX's June IPO. Turns out Ivy League endowments can do capitalism just fine when the returns are this good.

Woman Says Stepfather Used Musk's Grok Chatbot to Generate 7,000 Explicit Images From Her Childhood Photo

A woman identified as Jane Doe 4 has joined a Tennessee lawsuit against Elon Musk's xAI, alleging her stepfather used the Grok chatbot to turn a photo from when she was 11 into thousands of explicit images. Her stepfather died by suicide two days after the images were found in a law enforcement raid, according to The Washington Post. No court has ruled on the allegations, and xAI has not publicly responded.

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