Why SpaceX Is Finally Gearing Up to Go Public

Elon Musk's social media platform, X, has been fined €120 million by the European Commission for breaching new digital laws, including deceptive practices related to verification badges. This fine has sparked a confrontation between Musk and European regulators, reflecting ongoing tensions in the tech industry regarding compliance with stringent regulations.

Sales at Elon Musk's social media platform X increased during the third quarter, reflecting a positive trend amid ongoing restructuring efforts. Despite the rise in revenue, the company continues to face substantial costs associated with its turnaround strategy following Musk's acquisition for $44 billion.

South Africa's telecommunications minister has instructed the industry regulator to revise local ownership rules, potentially allowing Elon Musk's SpaceX and other satellite-internet providers to operate in the country without relinquishing ownership. This move is seen as a significant step towards enhancing internet access in South Africa.

Elon Musk's xAI has partnered with El Salvador's government to introduce the Grok chatbot in over 5,000 public schools, aiming to enhance educational resources for more than 1 million students. This initiative, announced by President Nayib Bukele, seeks to integrate AI into the curriculum despite Grok's controversial reputation for making inflammatory statements, including self-identifying as 'MechaHitler'.

El Salvador's President Nayib Bukele has announced a partnership with Elon Musk's AI company xAI to integrate artificial intelligence into over 5,000 public schools across the country. This initiative aims to enhance educational resources and improve learning outcomes for students in El Salvador.

Operation Bluebird has announced plans to revive the Twitter brand, which Elon Musk abandoned in 2023 when he rebranded the platform as X. This initiative aims to reclaim a well-known social media identity that has significant cultural and historical relevance.

SpaceX, after years of resisting a public offering, is now preparing to go public, potentially targeting an initial public offering (IPO) in 2026. This shift comes amid plans to sell insider shares that could value the company at up to $800 billion, reflecting a significant change in strategy for the aerospace giant.

SpaceX is reportedly targeting an initial public offering (IPO) in 2026, aiming to raise over $30 billion, which would set a record for the largest IPO in history. This announcement comes as the company prepares to sell insider shares that could value it at up to $800 billion, reflecting strong investor confidence in its future prospects.