Theo Wayt

The three largest U.S. mobile carriers said Thursday they’re forming a joint venture that will work together to bring direct-to-device service to customers in remote areas and help eliminate dead spots in coverage.AT&T, Verizon and T-Mobile said they have an “agreement in principle” to pool mobile spectrum and “help satellite providers reach more customers through a unified platform.”

Call it the SpaceXAI exodus. More than 50 researchers and engineers working on xAI’s Grok models have left the AI lab since SpaceX acquired it in February, through layoffs, firings and voluntary departures, according to several people with knowledge of the moves. These departures come on top of ...

SpaceX’s draft prospectus, which could become public as soon as later on Wednesday, has prominently positioned a photograph of its Starship rocket, in the very early stages of liftoff, with bright orange flames emerging from its engines and smoke plumes underneath. The photo underlines how the ...

SpaceX’s long-awaited public offering paperwork revealed fresh details about its unlikely partnership with Anthropic that are representative of the overall IPO story for Elon Musk’s company: Enormous potential, with risks everywhere. The company said Anthropic agreed to pay SpaceX $1.25 billion ...

Anthropic could pay SpaceX up to $40 billion over the next several years to use compute from data centers, but either company has the power to call off the deal early, SpaceX revealed when it filed for an initial public offering on Wednesday.SpaceX is receiving $1.25 billion per month from Anthropic each month through May 2029, though either company can end the deal with 90 days’ notice,

SpaceX postponed its closely watched first Starship test launch of 2026 after encountering last-minute problems on the launch pad Thursday evening. In a post on X , CEO Elon Musk said the “hydraulic pin holding the tower arm in place did not retract” and said SpaceX would launch the rocket tomorrow if it can fix the problem overnight.The attempt was supposed to be the first test launch of

SpaceX held the first launch of the new version of its Starship spacecraft on Friday, successfully sending the craft from its Starbase Texas headquarters to space, where it deployed 22 test satellites. While the launch had some hitches, including an engine failure and an uncontrolled landing of its first stage booster, SpaceX touted the launch as a success.The company had previously aimed to

SpaceX is committed to renting its data center capacity to Anthropic for 180 days, though it could extend the deal for longer, CEO Elon Musk said Thursday.The comment provides more detail than language in SpaceX’s recent public S-1 filing. That document, which SpaceX published last week ahead of its IPO slated for June, said that Anthropic had “agreed to pay us $1.25 billion per month

SpaceX’s compute rental deal with Anthropic will run for a minimum of six months, according to an amended securities filing on Monday, providing an additional level detail that had not been included in the IPO filing the company made public in May.Anthropic’s agreement to pay SpaceX $1.25 billion per month to rent compute from its Memphis data centers will run for an “initial three-month

SpaceX is negotiating to pay the banks working on its potentially record-breaking initial public offering a smaller than normal slice of the proceeds even by mega-IPO standards, Bloomberg reported on Tuesday.SpaceX is aiming to raise about $75 billion, more than any other IPO in history, The Information has previously reported . Banks generally charge fees of 4% to 7% of capital raised on