Telling advertisers to go fuck themselves costs exactly $2.7 billion, spread over three years. X's ad revenue hit $1.8 billion in 2025, up 7% year-over-year but down 59% from pre-Musk 2021 levels of $4.5 billion.
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Elon Musk just reframed a rocket company as an AI infrastructure bet worth more than the entire global GDP. SpaceX is pitching IPO investors on a $26.5 trillion AI market opportunity, repositioning itself from launch provider to AI infrastructure competitor
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The yield-bearing alternative to stablecoins has been live for years, yet it owns just 5% of the market and JPMorgan thinks that won't change. Tokenized money market funds make up only 5% of the stablecoin market despite offering yield, a feature stablecoins deliberately don't have
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The companies building the infrastructure for Web4 are borrowing so much money that the bond market itself might become a bottleneck before the models do. Big Tech is borrowing more than expected to fund data centers and AI infrastructure, according to Barclays
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While the Pentagon pushes for military AI partnerships, Anthropic just chose Elon Musk's rockets over government contracts. Anthropic secured a commercial deal with SpaceX and is planning a $30 billion funding round that could push its valuation toward $1.25 trillion by year-end.
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The company building the infrastructure for Mars colonization just disclosed it's been quietly building a treasury designed to outlive Earth-based currencies.
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Brett Adcock just raised more money than most AI companies will see in their entire existence, and nobody outside the cap table knows what Hark actually does yet. Brett Adcock's AI hardware startup Hark raised over $700 million at a $6 billion post-money valuation
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The same AI models writing half your codebase can't debug the mess they create—so now there's a $1 billion startup building AI teams to fix AI output.
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The world's most expensive IPO just revealed that Elon Musk's AI bet is burning cash faster than his rockets burn fuel. SpaceX filed for what could be the largest IPO ever, targeting a $2 trillion valuation with Musk retaining 85.1% voting control through a super-voting share structure
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The world's AI infrastructure almost lost 18 days of memory chips because factory workers wanted better wages—and the market just exhaled $47 billion in relief.
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The AI trade is narrowing just as Nvidia prepares to prove it can keep the engine running. The AI equity rally is losing breadth, according to FTSE Russell's head of global investment research, signaling concentration risk in what's been the market's most dominant theme.
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Jensen Huang just called the datacenter buildout "the largest infrastructure expansion in human history" — and put a $120B revenue number behind it. Nvidia beat Wall Street expectations again, extending a multi-year streak as datacenter AI expansion accelerates globally
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The lab that positioned itself as AI's "safety-first" alternative just proved the business model works without selling out. Anthropic told investors it will more than double revenue to $10.9 billion in Q2 while posting its first profitable quarter
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The jury let Altman off the hook, but the questions Musk raised about OpenAI's pivot from nonprofit to profit machine aren't going anywhere.
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The company building rockets to Mars just filed paperwork calling its own CEO a liability. SpaceX's IPO prospectus mentions Tesla 87 times, xAI 356 times, and X 267 times — revealing a web of intercompany transactions that investors will now have to track
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The company building the future of space just admitted its AI chatbot might tank the IPO. SpaceX flagged Grok's "Spicy" mode as a legal liability risk in IPO filings, citing potential litigation from AI-generated content as it moves toward a $2-2.5T valuation.
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When you're already in court over your generators, the logical next move is apparently to order three billion dollars more of them. xAI is committing $2.8 billion to purchase natural gas turbines over the next three years, revealed through SpaceX's IPO filing
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Wall Street wanted another 10x hockey stick; Jensen Huang handed them a $200 billion consolation prize and a memo that reads "we're a chip company for everyone now."
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The filing reveals Musk isn't just taking a rocket company public — he's packaging a vertical stack that runs from orbit to algorithm, with losses that make Tesla's early years look quaint.
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The world's biggest IPO will either prove Musk's Mars vision or expose the cost of building sci-fi infrastructure on a public market's quarterly earnings cycle.
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