The merger creates the world's most valuable private company and paves the way for Musk to try and prove out the usefulness of space-based data centers.

SpaceX's filing claims these satellites will be “a first step towards becoming a Kardashev II-level civilization — one that can harness the Sun’s full power."

In what is nothing short of a huge shocker, SpaceX has just filed a new request with the FCC, asking for authorization to launch and operate up to 1 million new satellites to power AI-geared computing, constituting the first tangible step towards a "Kardashev II-level civilization." SpaceX: "Launching a million satellites that operate as orbital data centers is a first step towards becoming a Kardashev II-level civilization" SpaceX filed a new request with the FCC late on Friday, asking for the authorization to launch and operate a "constellation of a million satellites that operate as orbital data centers." The filing […]

Read full article at https://wccftech.com/spacex-takes-first-step-towards-a-type-ii-civilization-on-the-kardashev-scale-with-plans-to-launch-1-million-new-satellites/

To unpack what SpaceX’s IPO chatter means, how private liquidity works before a debut, and what investors are looking for in today’s pre-IPO giants, we spoke with Greg Martin, managing director at Rainmaker Securities, a broker-dealer specializing in secondary share transactions for late-stage private companies.

Self-driving truck startup Waabi’s billion-dollar fundraise isn’t just about trucks.   The deal, for $750 million up front plus another $250 million from Uber tied to deployment milestones, marks a major expansion into robotaxis for the company founded by former Uber AI chief Raquel Urtasun. It also feels like another chip from Uber on the autonomous vehicle roulette table. With more […]

This merger would bring the Grok chatbot, Starlink satellites, and SpaceX rockets together under one corporation.