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Latest News

  • Tesla and SpaceX are discussing a possible merger, Musk says

    Tesla and SpaceX have formed special committees to discuss a possible merger, Elon Musk said during the latter's third quarter earnings call Tuesday. Musk, who serves as CEO of both companies, said the special committees have not reached agreement on the terms of any transaction - and that there's no guarantee that they will. That

  • SpaceX will try catching Starship and its booster for first time, Musk says

    SpaceX CEO Elon Musk said the company would attempt to catch Starship and its booster next month, with the goal of recovering the entire orbital launch system for the first time. If successful, Musk said, the attempt would mark the first time in history an orbital launch vehicle has been fully recovered. "This is a

  • Netflix is telling investors not to worry, even though you’re watching less and less

    Netflix is making monetization a top priority amid reports of falling viewing time. As part of its third-quarter earnings report on Tuesday, Netflix lists improvements to monetization as one of its main focuses going forward, alongside efforts to boost entertainment value and leverage new technology. The streaming giant doesn't say exactly how it plans to

  • Snap is paying Robert Downey Jr. to do the Iron Man thing

    Snap has a new brand ambassador for its Specs AR glasses: Iron Man actor Robert Downey Jr. The company has brought on Downey as Specs' "Chief Customer Experience Officer" and has published several videos featuring Downey showcasing the capabilities of the new glasses, including as a tool to get help with a putt, practice art,

  • SpaceX says big AI growth fueled revenue jump

    SpaceX announced revenues of $14.6 billion in its Q3 earnings on Tuesday, which it says was a growth of 161 percent year-over-year "fueled by our Super Intelligence (SI) segment and accelerated growth in Connectivity." While its Space division posted a $7 million loss in income from operations, its Connectivity group posted income from operations $2.4

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