Musk’s SpaceX targets $800bn valuation in latest share sale

AI labs including Meta, Deepseek, and Xai received poor ratings on an existential safety index, with Anthropic, OpenAI, and Google DeepMind achieving grades of C+ or C. This assessment highlights significant concerns regarding the safety protocols and ethical considerations of these companies in the rapidly evolving AI landscape.

SpaceX, founded by Elon Musk, is reportedly discussing a record valuation that could exceed $800 billion, with plans for an initial public offering (IPO) as early as 2026. This valuation would surpass OpenAI's previous record of $500 billion, indicating significant investor confidence in SpaceX's future prospects.

SpaceX is reportedly in discussions to achieve an $800 billion valuation ahead of a potential initial public offering (IPO) planned for the second half of 2026, as indicated by the company's CFO to investors. This valuation would position SpaceX as one of the most valuable companies in the commercial space sector.

SpaceX has announced plans for an initial public offering (IPO) in the second half of 2026, targeting a valuation of $800 billion. This move comes as the company continues to expand its operations and solidify its position in the commercial space industry.

A US official has criticized the European Union's recent fine imposed on Elon Musk's social media platform, X, claiming that Europe is effectively taxing American companies. This statement reflects ongoing tensions between US tech firms and European regulatory practices.

OpenAI, which gained prominence with the launch of ChatGPT, is now facing intensified competition from Google, particularly with the introduction of its Gemini 3 AI model. This competitive landscape raises questions about OpenAI's ability to maintain its market lead and justify its $500 billion valuation.

OpenAI's CEO Sam Altman has declared a 'code red' to prioritize improvements to ChatGPT amid intensifying competition from rivals like Google's Gemini 3, which has rapidly gained traction in the AI market. This internal memo reflects a critical moment for OpenAI as it seeks to maintain its leadership position in artificial intelligence.

OpenAI has announced its agreement to acquire AI startup Neptune, aiming to enhance its model training capabilities. This acquisition is part of OpenAI's strategy to strengthen its position in the competitive artificial intelligence market, where it faces increasing pressure from rivals.