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Anthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility
Bloomberg15d agoneutral
Anthropic Nears Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize expanding its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm’s public filing for its highly anticipated IPO.

AST SpaceMobile Stock Soars on New Buy Call
Barrons.com17d agobullish
AST SpaceMobile Stock Soars on New Buy Call

Space stock euphoria peaked ahead of SpaceX’s record-setting initial public stock offering, before the sector fell back to Earth. The broker launched coverage of four space stocks on Wednesday, all with Buy ratings: AST, Rocket Lab Planet Labs and HawkEye 360 HawkEye 360 according to ratings aggregators. Berenberg didn’t immediately respond to a request for comment.

Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.
The Wall Street Journal17d agoneutral
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.

Only a few companies make the crucial components for power turbines that AI data centers are so desperate to get. Elon Musk wants to go ahead and make his own. Over the weekend, Musk confirmed on X that SpaceX will start making the blades and vanes that go into natural-gas-fired power turbines.

How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting
Yahoo Finance Video17d agoneutralVIDEO
How Mark Zuckerberg and Elon Musk made the case for AI at the G20 meeting

Yahoo Finance Fed Correspondent Jennifer Schonberger joins Market Domination host Josh Lipton to report on Meta (META) CEO Mark Zuckerberg and SpaceX (SPCF) CEO Elon Musk speaking on the projected benefits of AI, including job growth and boosting the global economy by 20 to 30%, at the G20 Innovation Ministerial in Chapel Hill, N.C.

Elon Musk Recalls SpaceX Nearly Failing After 3 Rocket Launches: ‘If the 4th Launch Had Failed, SpaceX Would Not Exist’
Benzinga18d agobearish
Elon Musk Recalls SpaceX Nearly Failing After 3 Rocket Launches: ‘If the 4th Launch Had Failed, SpaceX Would Not Exist’

While Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the biggest enterprises in the world today, this was not always the case, as CEO Elon Musk shared how repeated initial launch failures cast uncertainty over the future of the commercial spaceflight company. Peter Diamandis Recalls SpaceX’s Failures In a post on X on Sunday, X Prize Foundation‘s Executive Chairman Peter Diamandis shared how everyone knows the “trillion-dollar version of SpaceX,” but nobody remembered that “Elon’s