Elon Musk recently stated that SpaceX's lease agreement with Anthropic for the Colossus compute cluster is a short-term 180-day lease with a 90-day cancellation notice, contradicting SpaceX's S-1 filing that described it as a three-year deal with payments through May 2029. This discrepancy raises questions about the true duration and terms of the agreement, which has significant implications for both companies' AI compute resources. Neither SpaceX nor Anthropic has clarified the conflicting statements, leaving uncertainty about the deal's commitment level and potential impact on the AI compute market.
The U.S. Space Force awarded SpaceX a $4.16 billion contract for the Space-Based Airborne Moving Target Indicator (SB-AMTI) program, aimed at creating a satellite network to track airborne threats. Alongside SpaceX, Rocket Lab, Lockheed Martin, and L...
The Nasdaq 100 completed its June quarterly rebalance, replacing five legacy tech companies with five innovation-focused firms including CoreWeave and Rocket Lab. This shift reflects a move toward next-gen hardware, AI infrastructure, and space tech....
Reflection AI has secured a $6.3 billion deal with SpaceX for access to Nvidia's latest GB300 AI chips at the Colossus 2 data center near Memphis, Tennessee. Starting July 1, 2026, Reflection will pay $150 million monthly through 2029, with a flexibl...
SpaceX shares fell 9% following its announcement of a $20 billion senior notes bond offering to repay debt and fund AI and data-center projects. This move triggered a sell-the-news reaction, impacting the broader space sector with Virgin Galactic dow...
