The NTSB and NHTSA are investigating a fatal Tesla Model 3 crash in Katy, Texas, that killed 76-year-old Martha Avila. Her family has sued Tesla and the driver, alleging defects in Autopilot and Full Self-Driving systems and seeking more than $1 million in damages.
Posts tagged as “Elon Musk”
Former New York City Comptroller Brad Lander defeated two-term Rep. Dan Goldman in the Democratic primary for New York’s 10th Congressional District. The race exposed party divisions over Israel, immigration and how Democrats should confront President Trump.
Federal authorities charged five men with plotting to attack a White House UFC event using explosive drones and snipers. Prosecutors said the plan targeted “high value targets” and was disrupted before it could be carried out.
SpaceX has agreed to buy Anysphere, the maker of AI coding assistant Cursor, for $60 billion in stock after its major Nasdaq debut. The deal expands Elon Musk’s company further into AI as it seeks to strengthen xAI and Grok against rivals including OpenAI and Anthropic.
SpaceX raised $75 billion in the largest IPO ever, with shares jumping in their Nasdaq debut and valuing the company above $2 trillion. The listing pushed Elon Musk’s paper net worth past $1 trillion, though analysts questioned the company’s valuation.
SpaceX shares rose sharply in their Nasdaq debut after the company raised $75 billion in the largest IPO on record. The listing values Elon Musk’s company at about $1.77 trillion while analysts question its profitability and AI-driven valuation.
SpaceX’s planned Nasdaq listing under the ticker “SPCX” could become the biggest IPO ever, with reported valuations around $1.75 trillion to $1.77 trillion. Retail investors may receive an unusually large allocation, though analysts warn the shares could be volatile and overvalued.
OpenAI said it has submitted a confidential S-1 filing, giving the ChatGPT maker the option to pursue an IPO. The move follows similar filings by Anthropic and SpaceX as major AI companies seek more capital for computing power and model development.