American neurotechnology company crafting brain–computer interfaces
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Investors have driven strong demand despite losses and questions about unproven projects such as orbital data centres and Mars plans.
SpaceX has gone public in the largest IPO in history, pushing Elon Musk toward trillionaire status as the company outlines ambitious plans—from data centers in space to lunar bases—while investors weigh the feasibility and risks amid a sprawling empire.
Investors and analysts are weighing the possibility of a SpaceX–Tesla merger as both firms push ambitious AI and hardware programs. SpaceX’s IPO has underscored Elon Musk’s unique control of multiple unicorns, while observers debate whether a combined entity would unlock synergies or raise legal hurdles.
Korean markets have surged on memory-chip leaders but volatility has risen as leveraged ETFs and retail buying amplify moves. Regulators are debating limits while investors eye AI-driven earnings, but concerns about valuations and risk persist.
SpaceX’s stock has fallen below its $135 initial-public-offering price, erasing a portion of post-IPO gains. Investors weigh near-term catalysts, including earnings and unlocking shares, against long-term growth bets in AI, Starlink, and ascent in space activities. Analysts remain split on valuation compared with fundamentals.
A set of breakthroughs in vision restoration is emerging. A UK patient has received experimental gene therapy for Bardet-Biedl syndrome, potentially stabilising vision, while a US-backed device implants a chip behind the eye to transmit visual input via camera glasses, with FDA designation signaling faster review.
A wave of AI coverage shows leaders warn momentum is unstoppable while calling for cross‑industry safety checks. Musk predicts rapid gains and a future of abundance; others push for collaboration and stronger safeguards as deployment accelerates.
OpenAI’s leaders discuss parenting with AI aids; responses show mixed public reaction. Reports highlight safety concerns, parental trust, and business interest in consumer AI tools.
The Boring Company has raised $3 billion in a funding round led by the United Arab Emirates, valuing the company at $23 billion. The round boosts plans to dig more than 150 kilometers of tunnels in the UAE, with other investors including Andreessen Horowitz, Sequoia, and Baron Capital. The funding follows recent activity in Las Vegas and Nashville as the company pushes to turn Musk’s tunneling vision into a global transit network.