News & Updates
The latest news and updates from companies in the WLTH portfolio.
Zoom's Anthropic investment has netted the company $1 billion
Zoom Communications, the San Jose-based videoconferencing company, has netted about $1 billion on an investment it made in artificial intelligence startup Anthropic PBC in early 2023. The total value of Zoom's stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. That value is primed to increase further as Anthropic nears the completion of another funding round as soon as next week. The holding has been on an exponential climb since early 2023, when Zoom invested in the startup as part of a partnership to use Anthropic's Claude models. Zoom has been making a push to add more artificial intelligence features, such as a workplace AI assistant. Since the investment, Anthropic has become one of the world's fastest-growing and most closely watched companies. Zoom's current assessment of its stake in Anthropic is based on a February round which valued the company at $380 billion. Bloomberg has reported that Anthropic is close to finalizing a round at a valuation above $900 billion. Zoom disclosed $51 million in new strategic investments in early 2023, when it announced the Anthropic partnership, though didn't specify whether this full sum was for Anthropic. The company also invested an additional $46 million in Anthropic in recent months, it disclosed in the Friday filing. "A timely investment in a financial rocket ship" has helped boost Zoom's share price in recent weeks, KeyBanc analyst Jackson Ader said in a note after Zoom's quarterly earnings report Thursday. The software company posted results that helped boost Wall Street's confidence in its expanded suite of products.
Zoom's Anthropic investment has netted the company $1 billion
Zoom Communications, the San Jose-based videoconferencing company, has netted about $1 billion on an investment it made in artificial intelligence startup Anthropic PBC in early 2023. The total value of Zoom's stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. That value is primed to increase further as Anthropic nears the completion of another funding round as soon as next week. The holding has been on an exponential climb since early 2023, when Zoom invested in the startup as part of a partnership to use Anthropic's Claude models. Zoom has been making a push to add more artificial intelligence features, such as a workplace AI assistant. Since the investment, Anthropic has become one of the world's fastest-growing and most closely watched companies. Zoom's current assessment of its stake in Anthropic is based on a February round which valued the company at $380 billion. Bloomberg has reported that Anthropic is close to finalizing a round at a valuation above $900 billion. Zoom disclosed $51 million in new strategic investments in early 2023, when it announced the Anthropic partnership, though didn't specify whether this full sum was for Anthropic. The company also invested an additional $46 million in Anthropic in recent months, it disclosed in the Friday filing. "A timely investment in a financial rocket ship" has helped boost Zoom's share price in recent weeks, KeyBanc analyst Jackson Ader said in a note after Zoom's quarterly earnings report Thursday. The software company posted results that helped boost Wall Street's confidence in its expanded suite of products.
Zoom's Anthropic investment has netted the company $1 billion
Zoom Communications, the San Jose-based videoconferencing company, has netted about $1 billion on an investment it made in artificial intelligence startup Anthropic PBC in early 2023. The total value of Zoom's stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. That value is primed to increase further as Anthropic nears the completion of another funding round as soon as next week. The holding has been on an exponential climb since early 2023, when Zoom invested in the startup as part of a partnership to use Anthropic's Claude models. Zoom has been making a push to add more artificial intelligence features, such as a workplace AI assistant. Since the investment, Anthropic has become one of the world's fastest-growing and most closely watched companies. Zoom's current assessment of its stake in Anthropic is based on a February round which valued the company at $380 billion. Bloomberg has reported that Anthropic is close to finalizing a round at a valuation above $900 billion. Zoom disclosed $51 million in new strategic investments in early 2023, when it announced the Anthropic partnership, though didn't specify whether this full sum was for Anthropic. The company also invested an additional $46 million in Anthropic in recent months, it disclosed in the Friday filing. "A timely investment in a financial rocket ship" has helped boost Zoom's share price in recent weeks, KeyBanc analyst Jackson Ader said in a note after Zoom's quarterly earnings report Thursday. The software company posted results that helped boost Wall Street's confidence in its expanded suite of products.
Zoom's $51 Million Anthropic Investment Now Worth $1 Billion | PYMNTS.com
That's according to a report Friday (May 22) from Bloomberg News, citing a regulatory filing. The total value of the videoconferencing firm's stake in the artificial intelligence startup is about $1.27 billion, the report added, a number that could climb as Anthropic wraps another round of funding. Zoom invested $51 million in Anthropic in 2023 as part of a partnership to use the company's Claude models. Since then, the Bloomberg report added, Anthropic has turned into one of the fastest-growing and most-watched startups in the world. Zoom's assessment of its stake in Anthropic is based on a fundraising round from February valuing the company at $380 billion, though the startup is reportedly close to finalizing a round at a valuation of more than $900 billion, and by some calculations, as high as $1 trillion. "A timely investment in a financial rocket ship" has helped boost Zoom's share price in recent weeks, KeyBanc analyst Jackson Ader said in a note after Zoom's quarterly earnings report last week, the report added. In other AI news, recent PYMNTS Intelligence research shows a lack of progress in preparing workers to use AI on the job. An April PYMNTS Intelligence study, "Wage to Wallet™ Index - The Resilience Deficit: Labor Workers in an Automated Economy," found that close to half of all workers in the United States in salaried or higher-paying roles had gotten no on-the-job training on how to use AI tools, new technologies or automated processes in their positions in the prior 12 months. "College graduates know how to use ChatGPT to write essays and Google Gemini's Nano Banana to generate images and edit photos, but too few workers are getting too little guidance on how to use the technological tools increasingly penetrating the workplace," PYMNTS wrote. A separate PYMNTS Intelligence report from earlier this month, "Financial Services Pulls Ahead in the Enterprise AI Race," revealed that companies are rapidly embedding AI into their workflows and operations. "Financial services firms have scaled AI across nearly three times as many tasks as healthcare firms, concentrating their deployment in back-office functions like revenue recognition, credit risk assessment and sales forecasting," the report said. "Healthcare is deploying AI through customer service chatbots. Media and advertising companies are using AI for content quality assurance, board and executive briefing preparation, and improving logistics."
NAACP sues Elon Musk's xAI, says data center's gas turbines put communities at risk
The NAACP is taking Elon Musk's xAI Corp. to court, arguing that turbines used to power an AI data center near Memphis are putting predominantly Black communities in the area at risk. The lawsuit adds to growing scrutiny over the real-world costs of the AI boom. According to the complaint, originally reported by Bloomberg Law, the NAACP, Earthjustice, and the Southern Environmental Law Center sued xAI Corp. and its subsidiary MZX Tech LLC, claiming the companies used gas-powered turbines for the Colossus II data center without first obtaining the needed air permits. The groups said 27 turbines were installed in Southaven, Mississippi, just under two miles across the border from Memphis, Tennessee, to support xAI's artificial intelligence operations, including Grok. "The Colossus Gas Plant emits significant amounts of harmful pollutants, including nitrogen oxides ("NOx") and formaldehyde, which are tied to increases in asthma, respiratory diseases, heart problems, and certain cancers," the complaint reads. "These emissions do not stop at the Mississippi state line; Tennessee residents are also exposed." The NAACP said the area is already burdened by pollution and that the impacts would fall heavily on nearby Black communities. About 39% of the population in Southaven is Black, according to the 2024 U.S. Census Bureau. The groups are seeking civil penalties of roughly $124,400 per day for the alleged violations and have asked the court for a preliminary injunction, as Bloomberg Law noted. This case points to larger national conversations about who benefits from the AI boom, and who bears the environmental and health costs? Data centers can support innovation, jobs, and new tools that improve everything from manufacturing to energy forecasting. AI can also help optimize electric grids, speed up clean energy planning, and improve battery and renewable energy systems. But those potential benefits come with tradeoffs. AI data centers can consume enormous amounts of electricity and water, and when companies rely on fossil-fuel-powered equipment to bring projects online faster, local residents may face more pollution, more noise, and potentially higher utility costs. Experts have also raised broader concerns about AI misuse, cybersecurity, and unintended social consequences. The lawsuit argues that communities that have historically borne the brunt of industrial pollution should not be asked to take on yet another burden in the name of rapid tech expansion. The legal fight could also help clarify how environmental laws apply to fast-growing AI infrastructure. One of the central disputes is whether the turbines should be considered "mobile" sources, which face looser regulation, or stationary ones that require stricter permitting. Environmental advocates argue that putting turbines on wheels should not exempt them from oversight if they remain in one place for months. "There's no question in my mind that it's a bad faith effort, because they did this once, and eventually had to go get permits, and now they did it again," said Jennifer Danis, who is the federal energy director of the Institute for Policy Integrity at the New York University School of Law. Even some industry leaders have taken issue with how some data centers operate. "What we're seeing with these AI data centers is for many of them, they're trying to get it up and running, no matter the cost, as quickly as possible," Abre' Conner, the director of the Center for Environmental and Climate Justice, said. And as Apolo AI Launchpad CEO Bill Kleyman put it, "The key differences between a good data center neighbor and a bad one: transparency." "The challenge that we're experiencing is that so much of what we're doing is being lumped into an umbrella," he said. "There's different types of operators out there." Get TCD's free newsletters for easy tips, smart advice, and a chance to earn $5,000 toward home upgrades. To see more stories like this one, change your Google preferences here.
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
Investors are salivating for SpaceX's blockbuster IPO in a few weeks, but there are already a number of publicly traded stocks with exposure to different parts of the expanding space economy. The space sector has come into renewed focus as the U.S. and China race to the moon. Meanwhile, SpaceX also seeks to build a colony on Mars, and the Trump administration plans to create the "Golden Dome" space-based missile shield. In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications and imagery. Some are recent upstarts, while others have been mainstays for decades. For its part, Elon Musk started SpaceX in 2002 to challenge the dominance of Boeing and Lockheed Martin. By pioneering the development of reusable boosters that can land autonomously, the company slashed launch costs and ramped up its launch cadence -- suddenly making low Earth orbit more accessible to a broad range of customers. Led by the Falcon rocket and Falcon Heavy for bigger payloads, SpaceX claimed more than 80% of global rocket launches last year and has more than 10,000 Starlink satellites in orbit. But despite its emergence as the new industry leader, there's room in the growing space economy for other companies. Rocket Lab develops small and medium-class rockets, spacecraft and components while also providing launch services, satellite manufacturing, and on-orbit management. Virgin Galactic is a space travel company serving private individuals, researchers, and government agencies via spacecraft it has developed. AST SpaceMobile plans to build a global cellular broadband network in space and is developing a constellation of BlueBird satellites. Voyager Technologies is a space and defense supplier making a variety of systems, such as propulsion and communications gear. Firefly Aerospace designs, manufactures, and operates rockets, lunar landers, and orbital spacecraft. Last year, its Blue Ghost robotic vehicle landed on the moon. Intuitive Machines designs spacecraft, delivers payloads to the lunar surface, and provides infrastructure services. It has also put landers on the moon. Planet Labs designs, builds, and operates a fleet of satellites that provides global imagery and geospatial data. Similarly, BlackSky Technology provides on-demand, high-frequency imagery and data via proprietary satellites and from third parties. Spire Global also builds, owns, and operates satellites, but its constellation provides real-time aircraft tracking, weather forecasting data, and energy trading intelligence.
What a Tesla-SpaceX Merger Would Do to TSLA Shareholder Equity | TECHi
As of Sunday, May 24, 2026, there is no announced Tesla-SpaceX merger agreement. There is, however, enough current market smoke to justify a hard look at what the deal would actually do to Tesla shareholders' equity. The difference matters. A merger can make Tesla's reported equity larger and still be unattractive for existing TSLA holders. The real test is not whether a combined Musk empire sounds bigger. It is whether the deal improves equity per share after dilution, goodwill risk, debt assumption, and governance are included. Bloomberg journalists writing in the Los Angeles Times reported in January that SpaceX had considered a potential Tesla merger while also weighing an xAI tie-up before an IPO. Reuters later reported, via Investing.com, that Tesla shares rose after those reports because some investors saw consolidation as a way to align Elon Musk's attention and assets. That is the bullish version of the story. The accounting version is less romantic. Tesla shareholders should start with the balance sheet, not the dream deck. Tesla's Q1 2026 Form 10-Q showed $143.7 billion of total assets, $58.9 billion of liabilities and $84.1 billion of total stockholders' equity at March 31, 2026. It also showed $44.74 billion of cash, cash equivalents and short-term investments, plus a $2.0 billion investment in SpaceX common stock that represented less than 1% ownership after Tesla's earlier xAI preferred-share right converted into SpaceX Class A common stock. SpaceX's May 20, 2026 S-1 changes the debate because it gives public investors real numbers. The filing shows SpaceX had $102.1 billion of assets, $60.5 billion of liabilities, $7.0 billion of redeemable convertible preferred stock and $34.5 billion of shareholders' equity at March 31, 2026. It also showed Q1 2026 revenue of $4.69 billion and a net loss of $4.28 billion, after 2025 revenue of $18.67 billion and a 2025 net loss of $4.94 billion. Those numbers make a Tesla-SpaceX merger very different from a normal industrial combination. Tesla is not simply buying a clean, profitable space company. It would be taking in SpaceX's launch business, Starlink, the newly absorbed xAI/X structure, AI infrastructure, a large debt stack, major capital needs and a founder-control structure. That is why AP's summary of the SpaceX filing matters: Starlink is a cash engine, but the AI side is capital hungry and loss-making. Tesla shareholders would need to know exactly which economics they are receiving, which liabilities they are assuming and whether Tesla's cash-rich public balance sheet is being used to make the combined entity easier to finance. If Tesla acquired SpaceX with newly issued TSLA stock, Tesla's reported stockholders' equity would likely rise in absolute dollars. The par value of new shares would be small; most of the issuance value would flow into additional paid-in capital. Tesla would also consolidate SpaceX assets and liabilities and recognize identifiable intangibles and possibly a very large goodwill balance if the purchase price exceeded identifiable net assets. That can make the balance sheet look bigger immediately. It does not automatically make existing shareholders richer. A simple example shows the trap. Tesla had $84.1 billion of stockholders' equity at the end of Q1 2026. SpaceX had $34.5 billion of shareholders' equity. If a transaction were treated closer to a common-control or carrying-value transfer, the combined book equity pool would not justify anything near a trillion-dollar stock issuance on tangible book value alone. Existing TSLA holders would own a smaller percentage of a larger entity, and book equity per share could fall if the new share count rises faster than retained or tangible equity. If the transaction were accounted for as an acquisition at fair value, reported equity could look much larger because Tesla would issue shares at market value. That is a GAAP presentation outcome, not a free economic win. The asset side would include goodwill and intangibles tied to assumptions about Starlink growth, AI compute demand, launch cadence, orbital infrastructure and xAI monetization. If those assumptions later disappoint, impairments would hit reported equity. The right question for shareholders is therefore: how much durable, cash-producing equity backs each TSLA share after the deal? The market value math has moved against a simple pro-TSLA case. In February, investor Gary Black argued that a Tesla-SpaceX merger did not make mathematical sense for TSLA holders because an $800 billion SpaceX valuation could require roughly 35% dilution, according to Benzinga's coverage. That was before the public SpaceX IPO debate began centering on far higher values. If SpaceX is marketed around $1.75 trillion to $2.0 trillion, the dilution hurdle becomes much larger. A stock-for-stock deal at those values would not be a bolt-on acquisition. It would be a reconstitution of Tesla shareholders' ownership into a new Musk-controlled superstructure. That may still excite some investors. Wedbush analyst Dan Ives put the odds of a future Tesla-SpaceX combination at about 80% after the SpaceX S-1, according to Benzinga. His bullish read is that Tesla's manufacturing, energy storage, robotics and data assets fit SpaceX's Starlink, launch and AI infrastructure ambitions. That strategic logic is real. It is not enough. Synergy has to be large enough to offset dilution, and the synergy has to belong to all shareholders rather than mainly improving control, financing flexibility or narrative value for related Musk companies. The first live case study is not a Tesla-SpaceX merger. It is Tesla's $2 billion xAI investment, which later became a SpaceX common-stock position. TechCrunch reported that Tesla disclosed the xAI investment after shareholders had voted down a nonbinding proposal that would have authorized an xAI investment when abstentions were counted as votes against. Tesla proceeded anyway and framed the investment as part of its AI strategy. A full SpaceX merger would raise the same question at far greater scale: who is on the other side of the table for Tesla shareholders? Musk has influence across Tesla, SpaceX, xAI and X. That does not make a deal improper by itself, but it demands a higher governance bar. At minimum, TSLA holders should demand an independent special committee, a public fairness opinion, a minority-of-the-minority vote, clear conflict disclosures, hard caps on Tesla cash contributions, ring-fencing of SpaceX/xAI liabilities and a clean explanation of how related-party contracts will be priced after the merger. Without those protections, the merger discount should be real. The least appreciated point is that Tesla does not need to own SpaceX to benefit from SpaceX. Tesla already has a sub-1% SpaceX stake. It sells Megapacks to SpaceX-related operations. The SpaceX S-1 describes collaboration around Terafab, while TECHi already tracks the public Tesla story through the TSLA quote page and the broader Tesla investment guide. That structure may be cleaner than a full merger. Tesla can participate in AI infrastructure, energy storage, chips, vehicle data and robotics without absorbing every SpaceX liability or issuing a huge number of new shares. SpaceX can raise IPO capital on its own. Investors who want SpaceX exposure can buy SpaceX after listing, rather than forcing every TSLA holder into a bundled space-AI-social-media balance sheet. For context, TECHi's earlier Tesla vs. SpaceX valuation analysis argued that Tesla and SpaceX are priced on different economic physics: Tesla as a public auto, energy and autonomy platform; SpaceX as scarce infrastructure. This merger question adds a second layer. Even if both assets are attractive, the exchange ratio decides whether TSLA holders are buying scarcity at a fair price or donating their public equity multiple to a larger story. This is the most dilutive version for existing TSLA holders. Reported Tesla equity would probably rise because issued stock increases additional paid-in capital and the combined company would carry more assets. But if SpaceX is valued near the IPO range being discussed, Tesla shareholders would give up a large ownership percentage. The deal is only attractive if SpaceX comes in at a disciplined valuation, audited financials improve, Starlink cash flow clearly offsets AI losses, and Tesla receives enforceable governance protections. Without those conditions, a bigger equity number on the balance sheet could mask a worse equity claim per old TSLA share. This version is more likely if SpaceX becomes the higher-valued public currency. Tesla shareholders would receive shares in a new or SpaceX-led entity. Tesla's standalone shareholder equity would stop being the central metric; the exchange ratio would decide the economics. The risk is that Tesla holders lose pure-play exposure to EVs, energy, autonomy and robotics. They would also inherit more exposure to launch, Starlink, xAI, X, AI compute, SpaceX debt and Musk's SpaceX control structure. This is the cleanest route for TSLA shareholders' equity. Tesla keeps its balance sheet. SpaceX keeps its IPO path. Both companies can transact at arm's length through Megapack, Terafab, compute, satellite connectivity and AI projects. Tesla keeps upside through its small SpaceX stake and any commercial contracts, without turning TSLA into a forced holding-company trade. This is the structure shareholders should prefer unless the full merger terms are unusually favorable. The recommendation is not to treat a Tesla-SpaceX merger rumor as an automatic TSLA buy signal. For existing Tesla holders, the rational stance is hold with conditions if the position size is appropriate, but demand the terms before assigning value to the rumor. The deal should be judged on six points: exchange ratio, dilution, accounting method, SpaceX debt and preferred-stock treatment, related-party governance and whether Starlink cash flow can fund xAI/AI infrastructure losses without leaning on Tesla. For investors who are already overweight TSLA, a rumor-driven rally can be a reasonable place to trim concentration if no binding terms exist. A merger premium that arrives before an exchange ratio is speculation, not accretion. For new buyers, patience is better than chasing. The favorable path is not merely "Tesla plus SpaceX." The favorable path is a transaction where Tesla holders receive SpaceX upside without surrendering too much ownership, taking on open-ended AI losses or weakening minority shareholder rights. Until that structure is visible, the merger should carry a governance discount. The best outcome for TSLA equity may be the boring one: keep Tesla and SpaceX separate, expand commercial collaboration, preserve Tesla's cash, and let shareholders choose which Musk company they want to own. A Tesla-SpaceX merger could increase Tesla's reported shareholders' equity in dollar terms. That is the easy part. The hard part is whether it increases value per existing TSLA share. At current disclosed numbers, a full merger would likely bring major dilution, a large intangible/goodwill component, new exposure to SpaceX and xAI losses, and a tougher governance problem. Tesla shareholders should not reject the idea blindly, but they should require a deal that is demonstrably accretive after dilution and independently approved. Until then, the cleaner recommendation is: prefer collaboration over consolidation, and value the merger rumor at zero until the exchange ratio and governance terms are public.
Best Crypto to Buy Now: Can Pepeto Outpace SOL and BNB After SpaceX Reveals $1.29B in Bitcoin?
SpaceX filed its IPO paperwork with the SEC and disclosed 18,712 Bitcoin worth $1.29 billion on its balance sheet, making it the eighth largest corporate BTC holder. The filing landed while Bitcoin trades 40% below its October 2025 record. The best crypto to buy now is not always the biggest name on the screen. Topping $10million and approaching a Binance listing, Pepeto delivers a working trading hub that turns presale entries into positions ahead of this cycle's biggest event. Best Crypto to Buy Now as SpaceX Brings Bitcoin to Wall Street SpaceX submitted its S-1 to the SEC on May 20, confirming a Nasdaq listing under SPCX in what could become the largest IPO in history. The filing showed 18,712 BTC purchased for $661 million with unrealized gains near $789 million. SpaceX joins Strategy and Tesla among major corporate BTC holders. The disclosure arrived the same week spot Bitcoin ETFs bled $1.26 billion, widening the divide between corporate conviction and retail fear. Three Entries Competing for the Top Crypto Returns Right Now Pepeto When the largest corporations hold Bitcoin as a treasury reserve, the signal reaches the market but smaller holders respond after the price already moved, creating a gap between those who acted and those who waited. Most portfolios miss the sharpest gains because the tools to move fast were built for institutions, not everyday buyers. That divide is what the Pepeto trading hub was built to close. Pepeto gives presale buyers the ability to check contracts and trade at zero cost through products already running. With the Binance listing approaching and the presale at $0.0000001872, the entry filling right now shuts once the token trades openly. More than $10million pulled in during this correction came because the products work today. Analysts target gains of 100x to 300x from the listing event. The former Binance expert on the dev team designed the listing path, and every contract cleared a SolidProof audit. The risk scorer checks each contract before a buy so capital goes where the numbers confirm safety, and PepetoSwap handles trades at zero fees. The 171% APY staking adds income while the window stays open. The early SOL holders who bought at $0.22 turned a few thousand dollars into generational wealth, and all of them say they wish they bought more. The same setup is forming around Pepeto, built by the cofounder who created the original Pepe coin to a $7 billion market cap. The best crypto to buy now is the one where the listing turns presale entries into returns that waiting for SOL or BNB cannot match. Solana (SOL) Solana trades near $86 after pulling back from its 2025 highs. SOL attracted $55.1 million in fund inflows last week according to CoinShares via CoinDesk, showing institutional interest remains. But from $86 with a $48 billion market cap, the math for a life changing return requires a move that Solana's size makes hard to deliver. BNB BNB trades near $632 after testing the $632 to $638 resistance zone that flipped from prior support. Binance's Maxwell Upgrade improved scalability, and Tether Gold integration added utility to the chain according to CoinDCX. BNB's $87 billion market cap means even a strong rally produces returns measured in single digit multiples, a ceiling the top crypto presale entry does not share. Conclusion The market is doing what every cycle does, shaking capital loose from the unprepared while the informed move into what comes next. SpaceX disclosed $1.29 billion in Bitcoin while retail pulled $1.26 billion from BTC ETFs in one week. Pepeto was built for exactly this pattern. Gathering more than $10million during a correction with a former Binance expert designing the listing path, the presale gives buyers the same early setup that turned SOL holders into millionaires. The Pepeto official website is where the entry stands open. Buying the presale before the listing is how to secure the returns the listing will deliver, and watching from outside could become the most expensive decision of this cycle when those early wallets celebrate what a few hundred dollars returned. Click To Visit Pepeto Website To Enter The Presale FAQs What is the biggest crypto story this week? SpaceX revealed 18,712 Bitcoin worth $1.29 billion in its IPO filing, making it the eighth largest corporate BTC holder among public companies. What is the best crypto to buy now for the biggest returns? Pepeto offers presale entry before an approaching Binance listing with a SolidProof audit and zero fee trading. The Pepeto official website shows the active entry. How does the SpaceX Bitcoin disclosure affect presale opportunities? Corporate Bitcoin adoption confirms long term conviction while the presale market offers earlier stage returns. Pepeto topped $10million during this correction with a listing approaching. Related Items:BNB, Crypto Market News Today, Solana Recommended for you The Crypto Market News That Whales Are Acting On While BNB and ADA Holders Watch From the Sidelines XRP News: Funds Draw $67M as Bitcoin Bleeds $982M While Pepeto Presale Fills Past $9M Best Crypto Presale to Buy: Why Pepeto Targets 100x While SHIB and SUI Fight for 2x
Anthropic: Nearly $45 Billion Computing Deal With SpaceX To Power Claude AI
Anthropic has agreed to pay SpaceX nearly $45 billion over the next three years as part of a major computing infrastructure agreement designed to support the rapid expansion of its Claude artificial intelligence platform. The deal was disclosed in regulatory filings tied to SpaceX's initial public offering and highlights the escalating race among AI companies to secure large-scale compute capacity. Under the agreement, Anthropic is expected to pay approximately $1.25 billion per month through May 2029 for access to computing infrastructure across SpaceX's Colossus and Colossus II AI data centers in Memphis, Tennessee. The filings noted that computing capacity will ramp during May and June 2026 at reduced pricing before reaching full scale. Either company may terminate the agreement with 90 days notice. Anthropic had previously announced access to more than 300 megawatts of compute power from SpaceX's Colossus 1 facility but did not disclose financial details at the time. The partnership has since expanded to include Colossus II, according to comments from Anthropic co-founder and Chief Compute Officer Tom Brown. The agreement reflects the growing scarcity and strategic importance of AI infrastructure as demand surges for large language models and enterprise AI tools. Anthropic has experienced rapid adoption of Claude for coding, enterprise workflows, and business productivity applications, increasing its need for massive GPU clusters and power-intensive data center capacity. For SpaceX, the deal provides a substantial recurring revenue stream tied to its expanding AI infrastructure business following the integration of Elon Musk's xAI operations. Regulatory filings showed SpaceX's AI division generated significant losses despite heavy investment in data centers and compute infrastructure, making large external compute agreements strategically important for the company.
Anthropic launches Claude for Small Business with QuickBooks, PayPal, HubSpot and Canva integrations
Claude can now plan your payroll, chase overdue invoices, close your monthly books, and run your next marketing campaign, all inside the tools you already use. Anthropic has launched Claude for Small Business, a product specifically designed to put AI inside the tools small business owners already rely on daily. The package integrates Claude directly with QuickBooks, PayPal, HubSpot, Canva, DocuSign, Google Workspace, and Microsoft 365, allowing business owners to run agentic workflows across those platforms from a single interface. The launch addresses a gap Anthropic has identified in how AI has reached different business sizes. Small businesses have lagged behind larger enterprises in AI adoption, partly because tools and training have rarely been designed around the way smaller operations actually work, and adoption has often stopped at basic chat interactions rather than deeper workflow integration. Claude for Small Business runs through Claude Cowork and ships with 15 ready-to-run agentic workflows and 15 skills built around the tasks business owners most commonly flag as time-consuming. These span finance, operations, sales, marketing, HR, and customer service. Specific workflows include payroll planning, which pulls together a business's QuickBooks cash position against incoming PayPal settlements, builds a 30-day forecast, ranks overdue items, and queues reminders for owner approval. The monthly close workflow reconciles books against settlements, flags discrepancies, writes a plain-English profit and loss summary, and produces a close packet that can be forwarded directly to an accountant. Other included tools cover invoice chasing, margin analysis, lead triage, campaign planning, contract review, and tax season preparation. The model is owner-initiated and approval-based. Every workflow is triggered by the business owner and nothing sends, posts, or pays without explicit approval. Anthropic notes that existing permissions hold across connected tools, meaning employees cannot access data through Claude that they cannot access directly in the underlying platform. Daniela Amodei, Co-founder and President of Anthropic, described the intent behind the launch. "Small businesses make up nearly half the American economy, but they've never had the resources of bigger companies. AI is the first technology that can finally close that gap," she said. "Claude for Small Business runs inside the tools owners already rely on, like QuickBooks, PayPal, and HubSpot, and takes on the work that piles up after hours, like planning payroll, chasing invoices, or kicking off a marketing project. People run the business, and Claude helps take the late-night work off their plates." Alongside the product launch, Anthropic has released AI Fluency for Small Business, a free online course developed in partnership with PayPal. The course is taught by small business owners who have already integrated AI into their own operations and covers how to identify which tasks in a business are suitable for AI, how to get started, and how to use AI safely and responsibly. It is available on demand from today. Amy Bonitatibus, Chief Corporate Affairs Officer at PayPal, said the partnership was designed to help small businesses compete in an AI-driven economy. "PayPal is proud to partner with Anthropic to help small and medium-sized businesses harness the full potential of the AI-led economy," she said. "Together, we are equipping these business owners and entrepreneurs with the tools, expertise, and trusted infrastructure they need to compete and thrive." Anthropic is also running a physical tour starting 14 May in Chicago, offering free half-day AI fluency training and hands-on workshops for small business owners. Each stop accepts 100 attendees and includes a one-month Claude Max subscription. Spring stops include Chicago, Tulsa, Dallas, Hamilton Township, Baton Rouge, Birmingham, Salt Lake City, Baltimore, San Jose, and Indianapolis. Separately, Anthropic has announced partnerships with the Local Initiatives Support Corporation, the Workday Foundation, and three Community Development Financial Institutions including Accion Opportunity Fund, Community Reinvestment Fund USA, and Pacific Community Ventures. These partnerships are designed to extend AI access to solopreneurs and small businesses that have historically been last to benefit from new technology waves. Note: The Claude for Small Business road tour is currently US-based. Australian small business owners can access the free AI Fluency course and Claude for Small Business at claude.ai. To learn more about Claude for Small Business and access the AI Fluency for Small Business course, get started here.
Third of UK investors eye up SpaceX shares
Almost one in three UK investors plans to buy SpaceX shares when it lists on the stock market in New York, according to City research. Elon Musk's rocket company last week outlined plans for its highly-anticipated initial public offering (IPO) which could see it valued at £1.3trillion in what would be the largest public float in history. A survey of UK investors by research house Norstat found 30 per cent plan to buy the shares - with the youngest cohort most keen to pile in. Around three-in-four, or 72 per cent, of 18 to 34-year-olds surveyed said they would buy SpaceX shares following the IPO against just 8 per cent of over-55s. Astronomical: Elon Musk's SpaceX has outlined plans for its highly-anticipated initial public offering One in five UK investors said they would allocate more than 10 per cent of their portfolio to SpaceX and 71 per cent of those who own shares in Tesla - also run by Musk - said the experience makes them more likely to back his rocket firm as well. Our financial experts reveal how an investment in Elon Musk's SpaceX could sky-rocket YOUR savings Chris Weston, head of research at Pepperstone, said: 'SpaceX really dominates the conversation among the equity trading community. 'Its opening day may not be far off, but given the dynamics in play, the first few days of listing could be truly explosive. 'What the SpaceX listing is already doing, and will likely only accelerate further, is building interest in what should become one of the defining mega-themes shaping markets into late 2026 and certainly 2027, namely the space economy. 'SpaceX itself is more vision and concept than traditional valuation, which may not suit all investment funds, but for traders this could become a genuine market darling due to the relatively limited shares outstanding and the likelihood it trades with one of the highest realised volatilities among top ten S&P companies.' DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you
Anthropic Eyes $900 Billion Valuation as Quarterly Revenue Doubles | PYMNTS.com
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The artificial intelligence startup could close the round as soon as this week, though commitments are still being finalized, and the terms could change, according to the report. Anthropic did not immediately reply to PYMNTS' request for comment. According to the Bloomberg report, Anthropic expects to more than double its quarterly revenue to $10.9 billion in the second quarter. The company also expects its annualized run rate revenue to top $50 billion by the end of June, per the report. Anthropic was valued at $380 billion in a February Series G funding round in which it raised $30 billion. That figure was up from the $183 billion valuation in achieved in a September Series F round in which it raised $13 billion. It was reported April 14 that the company had received offers from investors for a new funding round that could bring its valuation to $800 billion. Two weeks later, on April 29, it was reported that Anthropic was mulling a new funding round that would value it at more than $900 billion, pushing the company past rival OpenAI to become the most valuable AI startup in the world. On May 7, it was reported that Anthropic was weighing a funding round in which it would raise as much as $50 billion and be valued at $900 billion. That report said that the company was fielding inbound investment offers and that potential investors were "ready to throw any dollar amount at Anthropic." It was reported April 19 that Andrej Karpathy, a founding member of OpenAI and head of AI at Tesla, joined Anthropic, marking one of the highest-profile talent moves yet in the competition among frontier AI labs for elite research talent. On May 21, it was reported that Anthropic expanded its enterprise AI strategy through the first acquisition tied to its newly launched consulting venture, selecting San Francisco-based Fractional AI as the operational foundation of the business. The new venture is designed to help midsize companies adopt generative AI tools, specifically Anthropic's Claude models.
Anthropic's Claude Mythos Briefly Surfaces Online After Restricted Access Claims
Project Glasswing has become the main reason Claude Mythos is receiving attention. In one month, more than 50 major developers and infrastructure partners reportedly worked with Claude Mythos Preview. The model helped identify over 10,000 high-severity or critical software vulnerabilities. Reports linked the work to major systems, including Cloudflare, Firefox, OpenBSD, and security libraries used across connected devices. Some reports also said Mythos found a long-hidden OpenBSD bug that had remained unnoticed for 27 years. The model's role was not limited to finding flaws. Reports said it also helped block a $1.5 million fraud attempt at a partner bank. The case reportedly involved suspicious behavior linked to a wire transfer, which Mythos helped detect before funds moved. These claims have not all been described in full technical detail. That is expected in security reporting, as teams often withhold details until patches are ready. However, Anthropic's update points to a new phase where AI systems can find bugs faster than many teams can fix them.
Third of UK investors eye up SpaceX shares
Almost one in three UK investors plans to buy SpaceX shares when it lists on the stock market in New York, according to City research. Elon Musk's rocket company last week outlined plans for its highly-anticipated initial public offering (IPO) which could see it valued at £1.3trillion in what would be the largest public float in history. A survey of UK investors by research house Norstat found 30 per cent plan to buy the shares - with the youngest cohort most keen to pile in. Around three-in-four, or 72 per cent, of 18 to 34-year-olds surveyed said they would buy SpaceX shares following the IPO against just 8 per cent of over-55s. Astronomical: Elon Musk's SpaceX has outlined plans for its highly-anticipated initial public offering One in five UK investors said they would allocate more than 10 per cent of their portfolio to SpaceX and 71 per cent of those who own shares in Tesla - also run by Musk - said the experience makes them more likely to back his rocket firm as well. Our financial experts reveal how an investment in Elon Musk's SpaceX could sky-rocket YOUR savings Chris Weston, head of research at Pepperstone, said: 'SpaceX really dominates the conversation among the equity trading community. 'Its opening day may not be far off, but given the dynamics in play, the first few days of listing could be truly explosive. 'What the SpaceX listing is already doing, and will likely only accelerate further, is building interest in what should become one of the defining mega-themes shaping markets into late 2026 and certainly 2027, namely the space economy. 'SpaceX itself is more vision and concept than traditional valuation, which may not suit all investment funds, but for traders this could become a genuine market darling due to the relatively limited shares outstanding and the likelihood it trades with one of the highest realised volatilities among top ten S&P companies.' DIY INVESTING PLATFORMS AJ Bell AJ Bell Easy investing and ready-made portfolios Learn More Learn More Hargreaves Lansdown Hargreaves Lansdown Free fund dealing and investment ideas Learn More Learn More interactive investor interactive investor Flat-fee investing from £4.99 per month Learn More Learn More Freetrade Freetrade Investing Isa now free on basic plan Learn More Learn More Trading 212 Trading 212 Free share dealing and no account fee Learn More Learn More Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence. Compare the best investing account for you
'He Knows the Flaws Because He Knows the Man': Why Elon Musk's OpenAI Attack Is Really About xAI
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Amazon wasn't one of them. Get them here FREE. Rashaad Bilal of Earn Your Leisure distilled the Musk-versus-Altman saga down to one sharp line: "He knows the flaws because he knows the man." That framing reorients how investors should read every legal filing, every X post, and every interview Elon Musk aims at OpenAI. The litigation is a competitive weapon. xAI is the business it is meant to clear runway for. Bilal's full point on the podcast was that Musk is running parallel tracks: "All while building his own AI, right? Like Elon's building xAI at the same time, and look at the strategic partnerships he has with it." For public-market investors, the question that matters is which listed companies sit on the right side of the infrastructure trade he is shaping. Tesla (NASDAQ:TSLA | TSLA Price Prediction) is the only liquid way for shareholders to ride Musk's AI ambitions today. The link is now explicit. Tesla committed $2 billion to xAI Series E Preferred Stock alongside an AI collaboration framework agreement between the two entities, putting Tesla's balance sheet directly behind Musk's OpenAI challenger. The Q1 FY2026 numbers show why the AI narrative matters more than the cars right now. Revenue came in at $22.39 billion, up 16% year over year, with non-GAAP EPS of $0.41. R&D spending climbed to $1.95 billion, funding FSD v14.3, Dojo 3, the AI5 inference chip, Optimus, and Grok integration. Shares closed Friday at $426.01, up 10% over the past month though still down 5% year to date. You can read the latest Tesla Q1 update on the SEC. Prediction markets are skeptical of consolidation. Polymarket assigns a 4% probability to a Tesla-xAI merger by June 30 and gives 93% odds that SpaceX carries a higher valuation than Tesla at that date. The investment stake is the linkage that matters. Every shot Musk takes at OpenAI lands first on Microsoft (NASDAQ:MSFT), OpenAI's primary cloud and capital partner. Satya Nadella told investors that "Our AI business surpassed an annual revenue run rate of $37 billion, up 123% year-over-year." Q3 FY2026 revenue reached $82.89 billion with Azure growth of 40% and capex of $30.88 billion in the quarter alone. The stock has not rewarded that scorecard. MSFT sits at $418.57, down 13% year to date. Polymarket still gives Microsoft a 64% probability of carrying a higher valuation than Anthropic plus OpenAI combined by year-end 2026, which suggests the institutional bet remains that OpenAI's tent-pole status holds. Bilal pointed to the Amazon-Anthropic partnership on data center buildout as the template Musk is rivaling. Amazon (NASDAQ:AMZN) booked $16.80 billion in pre-tax investment gains tied to Anthropic in Q1, with Anthropic committed to secure up to 5 GW of Trainium chips. OpenAI itself committed to roughly 2 GW of Trainium capacity through AWS beginning in 2027. AWS grew 28% to $37.59 billion, its fastest pace in 15 quarters. Amazon is planning $200 billion in 2026 capex to support all of it. Alphabet (NASDAQ:GOOGL) is the third pole. Google Cloud grew 63% to $20.03 billion with backlog nearly doubling to over $460 billion, and 2026 capex guidance sits at $175 billion to $185 billion. Shares have run 22% year to date. Musk's edge, per Bilal, is founder-level knowledge of OpenAI's structure that no outside competitor has. The litigation pressures Altman's ability to convert to a for-profit and IPO. The capital partnerships and Tesla's $2B stake fund xAI's compute. The two tracks compound. For shareholders, the cleanest exposures are Tesla on the xAI side and Microsoft, Amazon, and Alphabet on the established side. The infrastructure spend is rising for everyone. The narrative premium is what Musk is fighting over.
Texas sues Discord, arguing online messaging platform endangered children, misled users
Texas Attorney General Ken Paxton is suing online messaging platform Discord, accusing the tech company of exposing children to predators using the service and deceiving users about the safety of the platform. Paxton filed the lawsuit Friday in a Collin County state district court, the latest in a recent flurry of lawsuits by Paxton's office against tech companies and other businesses ahead of his U.S. Senate GOP runoff against incumbent John Cornyn on Tuesday. Texas joins Nevada, Indiana, and New Jersey as states that have recently sued Discord. Florida announced its investigation of the company in March. Many private lawsuits have been filed in recent months, as well, largely from families accusing the messaging service of allowing children to be sexually abused or exploited while using Discord. Paxton first opened an investigation into the messaging platform in 2024, along with several other tech companies, all broadly focused on user data privacy. Paxton announced last October, following the killing of conservative commentator Charlie Kirk, that he would expand the investigation of Discord to include a focus on the sexual exploitation of minors and extremist content on the platform. Discord is an online messaging service generally used by people to communicate while playing video games. It also includes chat functions and the ability for users to create topic-based servers. Paxton has sued other video game and social media platforms, like Snapchat, TikTok, and Roblox, in recent months over similar concerns that they are violating users' data privacy and allowing their platforms to be used to exploit children. "Discord has allowed and invited all kinds of nihilistic violence and evil," Paxton said. "We live in a time where the dangers children face online have never been greater, and every parent in Texas deserves to know their child is protected." A Discord spokesperson said the platform has robust safety features for teenage users and is continuously working to improve existing safety features. The spokesperson noted roughly 80% of Discord's users are adults, and the service requires its users to be at least 13. "The lawsuit's characterization of Discord does not reflect the platform we have built or the investments we have made in user safety," a Discord spokesperson wrote in a statement. "We look forward to collaborating with policymakers in working toward a safer online experience for all users on Discord and across the internet." In 2023, Texas lawmakers strengthened laws requiring social media platforms to protect minors from inappropriate content online. That legislation, called the Securing Children Online through Parental Empowerment (SCOPE) Act, is still fighting its way through the courts, and parts have been blocked for being unconstitutionally vague. Paxton has used the remaining provisions of the SCOPE Act to bring lawsuits against Discord and the other tech companies. The lawsuit asks the courts to require Discord to implement age verification for all users under that law, the Securing Children Online through Parental Empowerment Act. The lawsuit also seeks for Discord to pay fines under the state Deceptive Trade Practices Act, arguing the company has misled users about the safety of the platform. Paxton cited a 2025 lawsuit filed by the family of a 13-year-old girl who says she was groomed on Roblox, then later Discord, before being sexually assaulted in her home. The family's lawsuit argues the companies failed to protect the girl. This week, Paxton also sued WhatsApp and its parent company Meta, alleging the platform can access users' private messages.
xAI Adds $2.8B in Gas Turbines as SpaceX Pitches Space Solar
Tesla Mission Gap: xAI bought $697 million in Megapacks and $131 million in Cybertrucks over two years, but no meaningful Tesla solar panel purchases. In its IPO prospectus filed this week, SpaceX disclosed that xAI plans to spend an additional $2.8 billion on natural gas turbines to power its AI buildout. Alongside that disclosure, the same filing pitches an orbital alternative as the long-term answer to AI power demand, framing terrestrial energy as a binding constraint: "the power shortage may be far greater than what research estimates suggest". SpaceX has signalled orbital solar arrays as the long-term answer to AI compute demand, even as xAI's near-term plan doubles down on fossil-fueled compute. That combination would sideline Tesla's earthbound solar business at the moment Elon Musk, founder of Tesla, xAI, and SpaceX, is steering record amounts of power into AI. Filed this week, the disclosure lands while xAI is already in court over unpermitted turbines in Mississippi. xAI's Gas-Turbine Reality xAI currently runs its data centers on dozens of gas turbines, and the new commitment extends that footprint rather than starting from scratch. Between late March and early May, xAI added 19 portable turbines at its Colossus 2 site in Southaven, Mississippi, taking the campus count to 27 unpermitted natural gas turbines. Potential emissions from that installation alone reach more than 1,700 tons of smog-forming nitrogen oxides per year. SpaceX's filing concedes a heavy reliance on natural gas and gas-turbine technology, and flags that injunctions or rescinded permits would adversely affect the AI business. Regulators have already moved. Federal officials ruled earlier this year that xAI was operating its mobile turbines in violation of federal air-pollution law, and a Clean Air Act lawsuit led by the NAACP is still pending. Abre' Conner, the NAACP attorney leading that case, frames the post-ruling expansion as a public-health issue rather than a permitting dispute: "A data center should not be a potential death sentence for a community's health. By looking to evade clean air laws to operate dirty turbines that emit pollution and known carcinogens, these companies are following a shameful, familiar pattern: asking Black and frontline communities to bear the toxic brunt of innovation." The Tesla Mission Versus the xAI Spend Tesla's stated mission is to accelerate the world's transition to sustainable energy, and Tesla's Master Plan Part 3, which outlined a plan to eliminate fossil fuels, was released roughly three years ago across the company's product line. Musk made the broader case in stronger language two decades earlier, when Tesla was still a tiny electric-car startup with no battery business of its own. "the overarching purpose of Tesla motors...is to help expedite the move from a mine-and-burn hydrocarbon economy towards a solar electric economy." Current spending tells a different story. xAI has spent $697 million on Tesla Megapacks over the last two years to smooth peak load on its data-center grid. SpaceX's filing separately discloses $131 million spent on 1,279 Tesla Cybertrucks over the same period. On solar panels, the technology Tesla still markets as central to its mission, xAI has not bought meaningfully from Tesla. Peer Trend and Orbital Economics xAI is not alone in choosing combustion. Microsoft, Chevron, and Engine No. 1 announced a West Texas plant in early April; Google's 933 megawatt gas project with Crusoe in North Texas dates to the same month; Meta added seven gas plants at its Hyperion site in Louisiana. AI training requires electricity delivered 24/7, and battery-backed solar still costs more upfront than a gas turbine to clear that operational floor. SpaceX argues that terrestrial power is the binding ceiling, saying space-based solar arrays can generate more than five-times the energy of comparable panels on Earth thanks to uninterrupted sunlight. The company is exploring solutions that would require launching data center components on Starship rockets to access solar power in orbit. Economics are less reassuring. Power for Starlink satellites costs multiples more per unit than power at a terrestrial data center, leaving a wide gap between physically possible and financially defensible. Andrew McCalip, an engineer assessing orbital-data-center economics, framed the question bluntly: "it's only a question of whether this is a rational thing to scale up economically". A pending 2026 NAACP-led Clean Air Act suit over xAI's 27 unpermitted Southaven turbines is the near-term gate, and a federal ruling against the company would strip Colossus 2 of its trailer-mounted generators. Without those units, xAI would have to source the site's power within weeks of any injunction, well before the first orbital array could reach the launch pad.
Space rockets, satellites, data centers and Grok: What's the right S&P sector index for SpaceX?
The upper stage of a Falcon 9 rocket deploys a stack of Starlink "V2 Mini" satellites in orbit. As market watchers and investors prepare and strategize the best ways to play the IPO, one way to get involved will be to buy the S&P Sector and Industry Indexes where SpaceX will eventually reside. When a company goes public, as SpaceX is likely to do in the coming weeks, two financial data companies, S&P Global and MSCI, determine which sector and industry indexes are the right fit. Because SpaceX is involved in so many areas of the economy - everything from space rockets, to satellite internet, to data centers and artificial intelligence agent Grok, to name a few - placement may be more complicated in this case. Here's how it works. First a newly listed company is put into one of the 163 "sub-industries." From there, it's whittled down to one of 74 "industries," and then again to one of 25 "industry groups" before being assigned to one of the 11 S&P Sectors. Those sectors include information technology, communications, industrials, real estate, materials, health care, consumer staples, consumer discretionary, financials, utilities, or energy. MSCI and S&P look at four tiers when deciding on sector placement. The first thing MSCI and S&P consider is which parts of a company create the most revenue. SpaceX's S1 filing released last week says, "Our Space and Connectivity segments contributed the substantial majority of our consolidated revenue in the three months ended March 31, 2026 and the year ended December 31, 2025, demonstrating the benefits of their scale and operating leverage in our vertically integrated business model." The "space" part of the equation is the rocket launches and space missions. SpaceX's filing says, "We generate Space revenue primarily through launch and mission services of Falcon 9, Falcon Heavy, and Dragon provided to commercial and government customers." When SpaceX talks about connectivity, it means Starlink, which supplies customers with high-speed internet service all over the world. That part of the business brought in more than $11 billion in revenue in 2025.
SpaceX stock is about to join this growing constellation of public companies building a space-based economy
Investors are salivating for SpaceX's blockbuster IPO in a few weeks, but there are already a number of publicly traded stocks with exposure to different parts of the expanding space economy. The space sector has come into renewed focus as the U.S. and China race to the moon. Meanwhile, SpaceX also seeks to build a colony on Mars, and the Trump administration plans to create the "Golden Dome" space-based missile shield. In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications and imagery. Some are recent upstarts, while others have been mainstays for decades. For its part, Elon Musk started SpaceX in 2002 to challenge the dominance of Boeing and Lockheed Martin. By pioneering the development of reusable boosters that can land autonomously, the company slashed launch costs and ramped up its launch cadence -- suddenly making low Earth orbit more accessible to a broad range of customers. Led by the Falcon rocket and Falcon Heavy for bigger payloads, SpaceX claimed more than 80% of global rocket launches last year and has more than 10,000 Starlink satellites in orbit. But despite its emergence as the new industry leader, there's room in the growing space economy for other companies. Rocket Lab develops small and medium-class rockets, spacecraft and components while also providing launch services, satellite manufacturing, and on-orbit management. Virgin Galactic is a space travel company serving private individuals, researchers, and government agencies via spacecraft it has developed. AST SpaceMobile plans to build a global cellular broadband network in space and is developing a constellation of BlueBird satellites. Voyager Technologies is a space and defense supplier making a variety of systems, such as propulsion and communications gear. Firefly Aerospace designs, manufactures, and operates rockets, lunar landers, and orbital spacecraft. Last year, its Blue Ghost robotic vehicle landed on the moon. Intuitive Machines designs spacecraft, delivers payloads to the lunar surface, and provides infrastructure services. It has also put landers on the moon. Planet Labs designs, builds, and operates a fleet of satellites that provides global imagery and geospatial data. Similarly, BlackSky Technology provides on-demand, high-frequency imagery and data via proprietary satellites and from third parties. Spire Global also builds, owns, and operates satellites, but its constellation provides real-time aircraft tracking, weather forecasting data, and energy trading intelligence. Meanwhile, aerospace and defense giants like Boeing, Lockheed, and Northrop Grumman have deep roots in the space industry going back decades. For instance, Boeing played foundational roles in the Apollo program and space shuttle. More recently, it built the Space Launch System used in the Artemis lunar mission. Lockheed also developed the Orion space capsule for Artemis. Boeing and Lockheed are joint venture partners in the United Launch Alliance, which develops rockets that put payloads in space. Meanwhile, Northrop, which designed and built NASA's James Webb Space Telescope, makes satellites and space vehicles for on-orbit refueling while suppling a range of civil and military systems. Other aerospace and defense heavyweights like RTX, General Dynamics, L3 Harris, and Leidos play key roles in the space sector as well.
SpaceX stock is about to join this growing constellation of public companies building a space-based economy | Fortune
Investors are salivating for SpaceX's blockbuster IPO in a few weeks, but there are already a number of publicly traded stocks with exposure to different parts of the expanding space economy. The space sector has come into renewed focus as the U.S. and China race to the moon. Meanwhile, SpaceX also seeks to build a colony on Mars, and the Trump administration plans to create the "Golden Dome" space-based missile shield. In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications and imagery. Some are recent upstarts, while others have been mainstays for decades. For its part, Elon Musk started SpaceX in 2002 to challenge the dominance of Boeing and Lockheed Martin. By pioneering the development of reusable boosters that can land autonomously, the company slashed launch costs and ramped up its launch cadence -- suddenly making low Earth orbit more accessible to a broad range of customers. Led by the Falcon rocket and Falcon Heavy for bigger payloads, SpaceX claimed more than 80% of global rocket launches last year and has more than 10,000 Starlink satellites in orbit. But despite its emergence as the new industry leader, there's room in the growing space economy for other companies. Rocket Lab develops small and medium-class rockets, spacecraft and components while also providing launch services, satellite manufacturing, and on-orbit management. Virgin Galactic is a space travel company serving private individuals, researchers, and government agencies via spacecraft it has developed. AST SpaceMobile plans to build a global cellular broadband network in space and is developing a constellation of BlueBird satellites. Voyager Technologies is a space and defense supplier making a variety of systems, such as propulsion and communications gear. Firefly Aerospace designs, manufactures, and operates rockets, lunar landers, and orbital spacecraft. Last year, its Blue Ghost robotic vehicle landed on the moon. Intuitive Machines designs spacecraft, delivers payloads to the lunar surface, and provides infrastructure services. It has also put landers on the moon. Planet Labs designs, builds, and operates a fleet of satellites that provides global imagery and geospatial data. Similarly, BlackSky Technology provides on-demand, high-frequency imagery and data via proprietary satellites and from third parties. Spire Global also builds, owns, and operates satellites, but its constellation provides real-time aircraft tracking, weather forecasting data, and energy trading intelligence. Meanwhile, aerospace and defense giants like Boeing, Lockheed, and Northrop Grumman have deep roots in the space industry going back decades. For instance, Boeing played foundational roles in the Apollo program and space shuttle. More recently, it built the Space Launch System used in the Artemis lunar mission. Lockheed also developed the Orion space capsule for Artemis. Boeing and Lockheed are joint venture partners in the United Launch Alliance, which develops rockets that put payloads in space. Meanwhile, Northrop, which designed and built NASA's James Webb Space Telescope, makes satellites and space vehicles for on-orbit refueling while suppling a range of civil and military systems. Other aerospace and defense heavyweights like RTX, General Dynamics, L3 Harris, and Leidos play key roles in the space sector as well.
