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A powerful El Niño is here: What it could mean for your weather, region by region
A strong El Niño has been promoted to Super El Niño status, bringing significant changes to winter weather. Certain regions may experience heavier rainfall, while others are expected to enjoy warmer temperatures with fewer snow days. California and the Southwest could undergo atmospheric rivers and flooding, alleviating drought conditions. Conversely, the Midwest and Northeast might encounter milder winters along with fluctuating precipitation.
Will Elon Musk hire Jensen Huang? Says it would be an 'honour' After Nvidia CEO's controversy: what happens next?
Elon Musk stirred excitement online by suggesting Jensen Huang, who recently left Nvidia after three decades of leadership in artificial intelligence, could be a potential hire. Musk and Huang's collaborative history includes innovations that benefited Musk's Tesla and SpaceX initiatives. While this may lay the groundwork for future developments, it's important to note that there hasn't been any concrete job offer made yet.
Anthropic IPO buyers have more influence on price than SpaceX
Anthropic PBC is gearing up for its initial public offering, setting ambitious price targets to capture investor interest. The firm aspires to achieve record fundraising that could eclipse SpaceX's previous achievements. High-profile tech investors back Anthropic's private financing, indicating strong market confidence. Its traditional IPO pricing strategy, distinct from SpaceX's, positions Anthropic to navigate through the challenges of market fluctuations smoothly.
Democratic senators order Musk to preserve records over Ukraine Starlink access: Report
Democratic senators have urged Elon Musk to maintain records pertaining to SpaceX's restrictions on services in Ukraine. These services are crucial for Ukraine's military communication and operations amid ongoing conflicts. The restrictions raised questions about SpaceX's influence on national security communications and decision-making processes. Reports indicated that the service limitations originated within the White House but were later disputed by officials.
OpenAI, Google, Anthropic hit with lawsuit to halt AI development
A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair business practices for its basis. If successful, this could significantly impact the future of AI development in these companies.
SpaceX launches 15th Starship flight with hopes of achieving first round trip
SpaceX successfully launched its Starship spacecraft on a mission that aimed for both orbit and return. Unfortunately, the lower-stage Super Heavy booster rocket failed to complete its return flight. Starship's upper-stage vessel reached orbit and deployed 26 satellites into space. This launch marks SpaceX's 15th Starship test flight, contributing to their satellite connectivity business. The company hopes to achieve a fully reusable rocket system for future missions.
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Why Bitcoin price today crashed to $68,000? ETF outflows, weak buying demand and $856 million in liquidations fuel selloff - can BTC USD rebound to $90,000?
Bitcoin price crash today: Bitcoin price has dropped to nearly $68,000, its lowest level since August, as more than $856 million in crypto positions were liquidated. ETF outflows and weak demand have added to the pressure, while Anthropic's upcoming IPO raises questions about investor interest in BTC USD and its chances of recovering to $90,000.
SpaceX to attempt first Starship spacecraft recovery on land in 15th flight
SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.
Why SpaceX needs just two successful catches to change the future of rocket launches
SpaceX is preparing for its Starship Flight 15 mission which aims to recover both rocket stages after launch. This mission will test the reusability of rockets and the efficiency of SpaceX's recovery systems. Starship is set to deploy 26 next-generation Starlink V3 satellites into low Earth orbit during this flight. Successfully catching both stages could lead to reduced launch costs and increased satellite deployment.
SpaceX launch today: Elon Musk’s Starship Flight 15 double catch attempt - launch time, how to watch and why it matters
SpaceX launch: SpaceX is preparing for Starship Flight 15 on November 13, with Elon Musk’s company attempting to catch both the Super Heavy booster and Ship using mechanical arms at its Texas launch site for the first time. The test could move SpaceX closer to fully reusable rockets and support NASA’s future Moon mission plans.
Anthropic IPO share orders from China are said to be rebuffed
Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to complete its IPO on November 18, pricing the shares ahead of trading the next day.
SpaceX and Tesla merger: Could a $10,000 investment grow to $20,000 by 2030 or are investors paying too much?
A potential SpaceX-Tesla merger could combine satellite internet, electric vehicles and AI under one company. SpaceX brings 161% quarterly revenue growth, while Tesla contributes more than $100 billion in annual sales. But both stocks carry high valuations. For investors considering $10,000, the biggest question is whether future growth can justify today's expensive share prices.
From SpaceX to Anthropic, markets have a new playbook for mega-share debuts
Anthropic is gearing up for its highly anticipated IPO, aiming to raise as much as $64.4 billion with share prices ranging from $70 to $78. The company is targeting inclusion in major indexes soon after its debut, which is expected to boost passive investments. Similar to SpaceX's market entry, analysts forecast significant initial share price surges, with employees permitted to sell some of their shares on the opening day.
Anthropic IPO could attract a record retail buying: Vanda Research
Retail investors are anticipated to show significant interest in Anthropic’s upcoming IPO scheduled for November 19. Vanda Research estimates around $250 million in net retail buying, which would surpass SpaceX's record. The analysis is based on pre-IPO perpetual futures trading activity on platforms like Hyperliquid and Coinbase. Only six stocks have previously attracted more than $250 million in single-session retail purchases since 2024.
Anthropic IPO could draw record retail buying, Vanda Research says
The research firm expects Anthropic's debut to attract about $250 million in net retail buying, based on its analysis of retail activity on listing days and the volume of its pre-IPO perpetual futures traded on Hyperliquid. This would be twice SpaceX's IPO record of $118 million in retail buying.
Two former SpaceX engineers built a 25-pound machine that turns seawater into drinking water at the push of a button; here's how it works
It was co-founded by Jonathan Criss and Andrew Harner. Both are former SpaceX engineers. Criss is the company's CEO, and Harner is the COO. They gained engineering experience at SpaceX, and then applied aerospace-level precision and efficiency to the systems. It was reportedly designed for people who are outdoor enthusiasts, boat owners and living in remote locations.
Anthropic plans IPO live stream with Dario Amodei, JPMorgan CEO Jamie Dimon
The meeting is part of the marketing effort for Anthropic’s potentially record-breaking IPO. The offering is expected to formally begin marketing as soon as early Tuesday ahead of pricing and the Nasdaq debut of its shares before the US Thanksgiving holiday, Bloomberg has reported.
Anthropic plans IPO live stream with Amodei, JPMorgan CEO Dimon
Anthropic PBC is preparing for a live-streamed event featuring CEO Dario Amodei and JPMorgan Chase CEO Jamie Dimon. This event is aimed at marketing their upcoming initial public offering, which might break records. The IPO is set to begin marketing shortly and is planned to debut before the Thanksgiving holiday. Anthropic is targeting an offering size similar to SpaceX's IPO, which raised significant funding.
Who is Jordan Davis? Jaguars pull off stunning blockbuster trade for Eagles defensive tackle
In a strategic move, the Jacksonville Jaguars have obtained defensive tackle Jordan Davis from the Philadelphia Eagles, alongside safety Jessie Bates and DT Davon Godchaux. This significant acquisition involved trading two valuable draft picks, reflecting the Jaguars’ determination to enhance their defense. As they chase a Super Bowl title after a solid season start, the Eagles recognize Davis's impact while benefiting from crucial draft capital for upcoming selections.
Jessie Bates put $150,000 into SpaceX before it went public; the stake could now be worth 10 times that, and he’s cashing out
Jessie Bates III invested $150,000 in SpaceX during its Series J funding round in 2022. The investment grew significantly after SpaceX's IPO, which valued the company at $1.77 trillion. Bates expressed that he wished he had invested more after witnessing the company's growth trajectory. His financial strategy includes various technological investments and aims for long-term wealth creation. Bates also promotes financial literacy and community support through his foundation and initiatives.
Google executive Donald Harrison resigns from SpaceX board
Donald Harrison has resigned from SpaceX's board after more than ten years of service. He notified the company of his decision, which took effect immediately on November 4. Elon Musk commented that the resignation was due to conflicts of interest related to Alphabet, Google's parent company. Google remains a major institutional holder of SpaceX shares after slightly increasing its position this week.
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.
US stocks today: Nasdaq rebounds as chip stocks recover from steep losses, rate fears persist
US stocks rebound as chipmakers recover from Thursday's steep AI-led selloff, lifting the Nasdaq 1.73%. Nvidia, AMD, Intel and Micron lead the recovery, while stronger-than-expected October jobs data revive concerns over a December Fed rate hike. Airbnb rallies after raising its full-year revenue growth forecast, while Atlassian shares decline.
SpaceX stock today: SPCX rebounds 4.89% after 9% crash; can Adam Spatacco's prediction about Musk's Baron conference spark a rally?
Adam Spatacco's SpaceX stock prediction: SpaceX stock is trying to recover after Thursday’s 9.05% crash, with SPCX rising 4.89% to $129.66 in Friday premarket trading. Investors are now watching Elon Musk’s appearance at Baron Capital’s annual conference. Investor Adam Spatacco sees a potential rally catalyst, but the question is whether Musk can offer updates that support Starlink and the company’s AI growth story. Musk's appearance at the 2022 conference did not produce a positive reaction in Tesla shares.
SpaceX, Tesla extend losses as midterm results cloud data center, merger outlook
Shares for Elon Musk's ventures, SpaceX and Tesla, took a notable hit after the Democratic success in the midterm elections. Investors are now worried that these political changes could impede crucial data center expansions. The revenue streams for SpaceX's AI computing may face setbacks due to possible data center moratoriums, while Tesla's energy division is similarly affected.
Nasdaq tumbles over 3% as tech stocks extend selloff after Democrats sweep midterms; Tesla plunges 9%, chipmakers slide
US stocks faced a sharp decline on Thursday, particularly in technology shares, amid concerns over regulatory scrutiny. The Nasdaq Composite fell over 3%, reversing optimism following the Democrats' midterm election victories. Key companies including Nvidia, Advanced Micro Devices, and Tesla were among the hardest hit. Investors expressed worries about the implications of stronger Democratic control on the artificial intelligence industry.
Goldman, Apollo seek buyers for $40 billion SpaceX AI chip deal
Goldman Sachs and Apollo Global Management are in talks with investors to sell portions of a roughly $40 billion financing deal for SpaceX's AI chips, Bloomberg News reported on Wednesday.
Big Tech barely moved after the midterms, but Tesla and SpaceX fell up to 5%, and even Tesla missed the solar rally: Did Elon Musk’s big bet on Republicans just backfire?
Tesla and SpaceX shares fell in premarket trading on Wednesday, Nov. 4: Today’s US stock futures pointed to a strong Wall Street opening, with Dow futures up nearly 800 points and S&P 500 and Nasdaq futures also in the green. However, Tesla and SpaceX moved in the opposite direction, falling more than 5% and nearly 8%, respectively, in premarket trading after the Democratic midterm victory. Alphabet, Meta and Microsoft gained, while Nvidia slipped slightly.
SpaceX-Tesla merger could give Musk control without Mars, robotaxi milestones
Elon Musk's compensation packages at SpaceX and Tesla are tied to ambitious goals involving Mars and robotics. Recent discussions on a merger may provide Musk with greater voting control at Tesla. The current arrangement at SpaceX gives Musk significant voting rights without needing to achieve specified goals. Analysts suggest that Musk's plans may be adjusted post-merger to align with new market conditions.
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