SpaceX is set to launch its IPO tomorrow, expected to be four times oversubscribed at a $1.77 trillion valuation. The company is positioning itself not just as a rocket and satellite firm but as a pioneer in space-based AI infrastructure, with ambitions extending to the moon and beyond. Recent developments include a deal with Google and FAA approval for the Starfall capsule, highlighting its expanding space economy plans. While the IPO faces market volatility and high risks, SpaceX's vision of orbital AI data centers and lunar manufacturing could redefine profitable space ventures in the coming decade.
In June, Google maintained steady user growth with 2.2 billion daily active users, while AI competitors Claude and Gemini saw sharp increases, growing 9% and 7% respectively. Gemini added the most daily users, gaining 8 million, followed by ChatGPT a...
The market is expected to stay stable and range-bound during the summer doldrums, with limited movement after struggling to surpass previous highs. Hyperscaler capital expenditures (capex) are anticipated to be the main driver for stock performance, ...
Google's parent company Alphabet is increasing its investment in artificial intelligence, which has supported strong business results despite a 7% decline in its shares over the past month. The company is expected to report its Q2 earnings on July 22...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
