Musk’s SpaceX discusses record valuation, IPO as soon as 2026

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 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, the rocket manufacturing company founded by Elon Musk, is aiming for an $800 billion valuation in its latest share sale, which would position it as the most valuable start-up, surpassing OpenAI. This move reflects the company's ongoing growth and ambition in the competitive aerospace 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.

Elon Musk announced that Tesla owners will soon have the ability to text while driving, despite the legality of such actions being prohibited in nearly all 50 states. Safety experts warn that this feature could undermine the automated driving capabilities of Tesla's Full Self-Driving (FSD) technology, raising concerns about driver distraction and safety.

The European Commission has imposed a fine of €120 million on Elon Musk's social media platform, X, citing violations of new digital regulations, including issues related to deceptive practices and user safety. This action reflects ongoing scrutiny of tech companies operating within the EU's regulatory framework.

Elon Musk and Bill Gates have expressed concerns that artificial intelligence (AI) could eliminate all jobs within the next 20 years. However, recent data from LinkedIn indicates that hiring demand is actually on the rise, contradicting these predictions and providing a more optimistic outlook for the job market, particularly for Generation Z.

Elon Musk's social media platform, X, has been fined $140 million by European regulators for allegedly engaging in deceptive practices. This legal action highlights ongoing tensions between tech companies and European regulatory frameworks, particularly concerning compliance with local laws.