With co-founders leaving and an IPO looming, Elon Musk turns talk to the moon [TechCrunch]
Tesla, Inc. (TSLA)
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Source: TechCrunch
According to The New York Times, which reports that it heard the meeting , Musk told employees that xAI needs a lunar manufacturing facility, a factory on the moon that will build AI satellites and fling them into space via a giant catapult. “You have to go to the moon,” he said, per the Times. The move, he explained, will help xAI harness more computing power than any rival. “It's difficult to imagine what an intelligence of that scale would think about,” he added, “but it's going to be incredibly exciting to see it happen.” What Musk didn't appear to address clearly was how any of this would be built, or how he plans to reorganize the newly merged xAI-SpaceX entity that is simultaneously careening toward a potentially historic IPO. He did acknowledge, proudly, that the company is in flux. “If you're moving faster than anyone else in any given technology arena, you will be the leader,” he told employees, per the Times, “and xAI is moving faster than any other company — no one's ev
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- Catherine Wood's Strategic Moves: A Closer Look at Tesla Inc's Portfolio Impact [Yahoo! Finance]Yahoo! Finance
- Musk addresses wave of departures from xAI [MSNBC.com]MSNBC.com
- Musk announces xAI re-org following co-founder departures, SpaceX merger [CNBC]CNBC
- Tesla (NASDAQ:TSLA) had its "buy" rating reaffirmed by analysts at Benchmark Co..MarketBeat
- As Tesla Loses in Europe, Here Is What Investors Need for TSLA Stock to Win in 2026 [Yahoo! Finance]Yahoo! Finance
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