SpaceX — The Projection

News · last 7 days

SpaceX's AI unit held talks over the summer about leasing computing capacity to Microsoft, The Information reported 2026-10-01
SpaceXAI is weighing a four-tier subscription overhaul for Grok and X, including a $100 a month "Ultra" plan with access to its Grok Bot agent and an $8 "Lite" plan bundling Grok with a verified badge and fewer ads, Bloomberg reported from an internal document 2026-09-30
Azerbaijan's Ministry of Digital Development and Transport signed a memorandum with SpaceXAI to explore using its Grok models in government services 2026-09-30
President Trump and six AI leaders signed the one-page "White House Accord on Super Intelligence" on Tuesday, a voluntary pledge to run four layers of safety controls and audits on frontier models 2026-09-29
The Trump administration launched America.gov on Tuesday morning, an AI chatbot that answers questions across about 29,000 federal websites and, its designer told CNBC, runs on Google's Gemini and Elon Musk's Grok 2026-09-29

Summary

SpaceX's stock kept hitting fresh all-time lows through July 28, with Morgan Stanley pricing its AI unit at zero as it slid toward its IPO issue price.

SpaceX (Nasdaq: SPCX) hit a fresh all-time low near $100 on July 27, its third straight down day.
Morgan Stanley priced SpaceX's AI unit at zero as the stock traded below $100 on July 28.
SpaceX had already slid toward its $1.77T IPO issue price by July 24, having listed on June 12.
Congress reportedly bought the dip on July 28 even as Morgan Stanley zeroed out the AI unit's value, per the megacap thread.

Whether SpaceX's first post-IPO earnings on August 4 stabilizes the stock, and whether Grok 4.6's promised August ship date holds, are the open tests.

Threads

open / developing — being actively tracked right now · resolved — the story concluded · retired — tracking dropped (folded elsewhere or went quiet) · resolved and retired threads stay published as the record, just out of daily sweeps

· Colossus — open · last seen 2026-09-25

· Grok — open · last seen 2026-10-01

· Musk Megacap — open · last seen 2026-10-01

· Where the Capex Lands — open · last seen 2026-09-25

· Power Buildout — open · last seen 2026-09-29

· Datacenter Sites — open · last seen 2026-09-25

· Grid & Turbines — open · last seen 2026-09-29

· Lab IPO Wave — open · last seen 2026-09-30

Items this week

Anthropic's S-1 details compute commitments of about $3.1 billion a month to SpaceX, $44.9 billion with Microsoft, at least $114.5 billion with Google and $110 billion with Amazon (Oct 26) — The Verge reported the SpaceX commitment could total as much as $120.5 billion by 2029 once all planned capacity is delivered, the Microsoft commitment runs through 2033, the Google commitment through 2033 and the Amazon commitment over ten years. The filing's text confirms the $44.9 billion (November 2026 to May 2033) and $114.5 billion (April 2026 to July 2033) amounts. TechCrunch reported the S-1 also warns Amazon, Google and Microsoft may prioritize their own needs or rivals they have invested in, which could make it hard to secure compute. (SEC filing, The Verge, TechCrunch) 2026-10-27
TechCrunch reported SpaceX has a binding commitment for roughly $40 billion of GPU financing, with an Apollo-managed entity buying the chips and leasing them to SpaceX (Oct 26) — TechCrunch, citing a SpaceX regulatory filing, reported the Apollo-managed entity will buy the chips and server hardware and lease them to SpaceX for about five to five and a quarter years from each delivery, with closing expected by year-end; the page does not say whether this is the debt package an earlier report described as in talks. (TechCrunch) 2026-10-27