The high-profile trial between Elon Musk and OpenAI CEO Sam Altman starts Monday with jury selection in Northern California. Musk alleges that OpenAI, Altman, and president Greg Brockman broke a promise to keep OpenAI a nonprofit, suing for $134 billion and seeking to reverse OpenAI's for-profit restructuring. This legal battle unfolds as Musk prepares SpaceX's record IPO and OpenAI targets its own public offering later this year. The trial will first address liability, with a verdict advisory to the judge, and could significantly impact the future of AI development and corporate governance in the sector.
Tesla announced it will reveal the long-delayed second generation Roadster on October 1. The new model, originally announced in 2017, has undergone a complete redesign and may include optional cold gas thrusters developed by SpaceX, allowing some for...
Elon Musk declared that the sun, as a massive free fusion reactor, will eventually provide 100% of humanity's energy, dismissing terrestrial fusion reactors as inefficient. Tesla's energy segment shows strong growth with rising revenue and storage de...
Investors are rotating capital into frontier tech stocks such as SpaceX, Anthropic, and OpenAI, anticipating their upcoming IPOs and signaling a shift from legacy tech giants. The FAB 10 and MANGOS baskets highlight this trend, with SpaceX's $75 bill...
Tesla's operating margins fell sharply to 1.4% and free cash flow turned negative in Q2 2026 due to heavy investments in new technologies like Robotaxi, Optimus, and Full Self-Driving (FSD). Despite these near-term financial pressures, analysts see s...
Elon Musk's Boring Company secured $3 billion in funding at a $23 billion valuation, led by investors from the UAE where it plans to build over 150 kilometers of tunnels, including the Dubai Loop. The company currently operates one public tunnel in L...
