SpaceX’s Terafab will rely on natural gas power plants, not Tesla solar panels
The fab is intended to build chips for data centers that will be run by SpaceX and its xAI subsidiary.
The fab is intended to build chips for data centers that will be run by SpaceX and its xAI subsidiary.
After months of speculation, the companies formally announced the massive project will happen just north of Houston.
The company has also lined up an unusually large number of 21 banks to manage the mega IPO, internally codenamed “Project Apex.”
Next time around, the pressure will be on SpaceX and Blue Origin.
Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX’s looming IPO poised to reshape the landscape for everyone.
The company’s novel rocket engine could be a game changer for the U.S. military.
Amazon on Tuesday agreed to buy satellite company Globalstar, known for powering Apple’s “Emergency SOS” feature, for $11.57 billion in cash.
It’s a major milestone for the company’s new mega-rocket system, putting it in position to challenge SpaceX’s dominance of the global launch market.
The first major failure of Blue Origin’s new heavy-launch system could create delays to its ambition to help NASA and the Trump administration return to the moon.
The move could shore up weaknesses at each company, but it also reveals them. Neither Cursor nor xAI has proprietary models that can match the leading offerings from Anthropic and OpenAI — the same companies now competing directly with Cursor for the developer market.