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In 2008, Elon Musk said NASA would pay Russia over $70M per astronaut after the Shuttle retirement, while SpaceX aimed to do it for about $15M per person even without reusability.
At the time, SpaceX had a NASA contract for cargo missions and was seeking an additional $300M to support crew transport. Without it, Musk warned the US could lose independent human spaceflight for 5 to 6 years.
He argued the economics were clear, with the US spending around $500M per year on Russian seats versus building domestic capability.
The pitch framed SpaceX as a lower-cost alternative at a moment of dependency.
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Google bought YouTube for $1.65 billion.
YouTube now generates $1.65 billion in revenue every 15 days.
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YouTube now generates $1.65 billion in revenue every 15 days.
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A $300M modern home in Miami is under construction, and brokers say Elon Musk may have visited the property, though the developer did not confirm it.
The site was bought for $105M in 2025 and flipped for $169M before being taken off the market. It is now being rebuilt into a new property with features like a 31-car garage and elevated design to handle flooding.
The house is not being marketed and will only be offered once completed, with delivery expected in about 2 years.
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GameStop is reportedly considering an offer to acquire eBay, a company with more than four times its market value.
eBay generated $11.1B in revenue last year, while GameStop reported $3.6B in net sales in 2025 and $232M in operating income. The retailer has also closed over 400 US stores this year.
The move follows CEO Ryan Cohenβs plan to pursue a large acquisition as part of a broader repositioning.
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OpenAI and Anthropic have each launched joint ventures to attract enterprise clients. Both involve private equity funds investing in a JV that deploys the startups βAI solutions within the fundsβ portfolio companies.
The funds get equity and priority access to new tech, while the startups gain corporate customers and capital.
OpenAI aims to raise $4 billion from 19 investors at a $10 billion JV valuation, offering a 17.5% guaranteed minimum return.
This aggressive approach targets rapid corporate market capture. The JV setups are also a prelude to IPOs planned by both companies.
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Toto is known for toilets, but its real growth now comes from advanced ceramics used in chip production.
The company is a key supplier of electrostatic chucks, components needed to produce NAND memory. Demand for this memory is rising fast as AI infrastructure scales.
The semiconductor unit grew 34% YoY and now brings in more than half of operating profit. After the report, the stock jumped 18% to a 5-year high.
Turns out even toilet makers can ride the AI cycle.
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Sherwood shared 2025 data showing Elon Muskβs companies spent around $600M internally, up from $240M in 2024.
xAI was the biggest buyer, paying Tesla $430M, mostly for Megapack energy systems. A year earlier it was $198M.
SpaceX paid Tesla $143M, mainly for vehicles. Tesla also sold about 1 in 5 Cybertrucks to Musk-linked companies.
Teslaβs outgoing spend was smaller: $12M to SpaceX, $7M to xAI, and about $5M to a security company.
Then comes the twist. Tesla invested $2B into xAI this year.
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Elon Musk told Sam Altman and Greg Brockman they would become "the most hated people in America" if they pursued legal claims against him.
This message came in private chats days before a federal court hearing.
OpenAI has submitted the messages as evidence. Their lawyers argue Muskβs actions are driven by personal grudges, not just legal disputes.
The case shows Musk is running a public campaign against Altman and Brockman, not merely defending in court.
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Jack Clark, Anthropicβs cofounder, estimates a 60% chance that AI capable of recursively improving itself will appear by 2028. His prediction relies on benchmark data, not speculation.
AI agents score over 95% on CORE-bench, which tests implementing scientific papers, and 65% on MLE-bench, focused on ML tasks like Kaggle challenges. Models now handle longer autonomous tasks and contribute to projects like chip design.
This progress suggests AI may soon automate entire R&D cycles, independently setting goals and running experiments, raising questions about societyβs preparedness.
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Greg Brockman disclosed in court that his stake in OpenAI is worth nearly $30B as the companyβs valuation reaches $852B.
He said he did not invest personal funds into the company. The disclosure came during the trial over OpenAIβs shift from a nonprofit structure to a commercial entity.
The case centers on claims that the company moved away from its original mission after early backing from Elon Musk.
The numbers highlight how large the financial stakes have become inside the company.
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Anthropic reportedly agreed to spend $200B on Google Cloud infrastructure and chips over the next 5 years.
The deal includes multiple gigawatts of TPU capacity from Google and Broadcom starting in 2027. Anthropic is also using Amazon Trainium chips and Nvidia GPUs as demand for Claude models keeps growing.
According to The Information, contracts from Anthropic and OpenAI now make up more than half of the cloud backlog across major providers like Google, Microsoft, and Amazon.
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SpaceX filed plans for Terafab, a semiconductor facility in Texas with an initial investment of $55B that could expand to $119B over time.
The project is being developed with Tesla and is aimed at producing chips for self-driving systems, humanoid robots, and AI data centers. SpaceX also disclosed plans to manufacture its own GPUs.
The company says the move would reduce reliance on suppliers like TSMC and Samsung, while using Intelβs 14A process for production.
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CB Insights released its annual AI 100 list, selecting startups from more than 40,000 companies based on traction, investors, hiring, and commercial growth.
One of the biggest shifts this year is the rise of AI agents operating real enterprise workflows.
Companies are now building infrastructure for agent identity, permissions, monitoring, and security as autonomous systems start acting inside corporate environments.
Physical AI appeared as a standalone category for the first time, with startups focused on robotics software, humanoids, autonomous hardware, and fleet coordination systems.
The report also highlights a broader pattern: the strongest vertical AI companies are defined less by industry and more by proprietary data they can uniquely access or structure.
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Anthropic and SpaceXAI announced a major infrastructure partnership giving Anthropic access to the full compute capacity of the Colossus 1 data center in Memphis.
The facility reportedly includes around 300 megawatts of compute power and about 220K GPUs, making it one of the largest AI infrastructure agreements so far. The financial terms were not disclosed.
After the deal, Anthropic doubled 5-hour limits for paid users, removed peak-hour reductions, and increased API limits for Opus including RPM, TPM, and quota caps.
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Venture Capital
Yekaterina Chudnovsky, widow of OnlyFans owner Leonid Radvinsky, has taken control of the holding company behind the platform after his death.
UK filings show she now has authority over board appointments and the future direction of the business. The family stake is estimated at around $5.5B.
Radvinsky bought OnlyFans in 2018 and turned it into one of the most profitable creator platforms during the pandemic. In 2024, the company generated $7.2B with only 42 employees.
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Venture Capital
He is currently pursuing an acquisition of eBay.
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