The billionaire CEO said the company planned to land astronauts back on the moon in the next few years, before eventually building a permanent “metropolis” on its surface.”
Elon Musk said the latest version of Grok is “faster, more token-efficient and lower cost” than one of Anthropic’s models.
The trillion-dollar public debut had initially been planned for late 2026.
A slump in SpaceX’s stock price and new restrictions on $116 billion of Musk’s Tesla shares have dropped him from the four-comma-club.
A selloff for Musk’s rocket maker wiped out roughly $900 billion in market value.
Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft.
The $75 billion SpaceX seeks to raise in its historic IPO would value the company at roughly $1.77 trillion.
The company plans to sell about 555.6 million shares for $135 in the initial public offering.
Wall Street has speculated whether the world’s richest person will consider a tie-up for his two most valuable companies.
Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.