SpaceX to Offer Insider Shares at Record-Setting Valuation

SpaceX is currently in discussions that could lead to an $800 billion valuation ahead of a potential initial public offering (IPO) in 2026, as reported by the company's CFO to investors. This valuation reflects the growing confidence in the aerospace sector and SpaceX's position within it.

SpaceX is preparing to sell insider shares, potentially valuing the company at over $500 billion, surpassing OpenAI's previous record. This move reflects strong investor interest and confidence in Elon Musk's aerospace venture, as reported by Bloomberg's Ed Ludlow.

The European Union has imposed a €120 million ($140 million) fine on Elon Musk's social media platform, X, for violating content-moderation laws. This penalty highlights ongoing tensions between the EU and the Trump administration regarding online transparency and regulatory compliance.

The European Union has fined Elon Musk's social media platform, X, €120 million ($140 million) for violating content-moderation laws, as stated by EU Ambassador to the US, Jovita Neliupšienė. This fine reflects the EU's commitment to enforcing compliance with its digital regulations, which are designed to ensure accountability among major tech companies.

The article discusses the potential of flying taxis as a solution to Florida's traffic congestion, highlighting advancements in technology and urban mobility. It also mentions OpenAI's involvement in related technological innovations.

Elon Musk's social media platform, X, has been fined €120 million ($140 million) by the European Union for violating content moderation laws under the Digital Services Act. This penalty marks the first significant enforcement action against a major platform since the implementation of these new regulations.

The European Commission has imposed a €120 million fine on Elon Musk's social media platform X for breaching social media regulations, leaving users exposed to scams and manipulation. The violations included issues related to deceptive verification badges and insufficient transparency in advertising practices.

The recent release of GPT-5 by OpenAI has sparked a negative shift in public sentiment towards AI, with many users criticizing the model for its perceived flaws rather than recognizing its capabilities. This backlash has led to claims that AI progress is stagnating, with some commentators labeling the technology as 'AI slop'.