What SpaceXAI is up to now

New 09-28: SpaceXAI launched Team Bots (shared Grok Bots); the NYC Council subpoenaed Elon Musk / SpaceXAI to testify at its 10-05 AI-safety hearing. New 09-24: LOCKUP RELEASE. About 328 million SpaceX shares, roughly $48.7bn at Wednesday's close, came out of post-IPO lockup on 09-24, with further tranches due 10-09 and 10-24 (Stocktwits via Yahoo, not the prospectus); SPCX was $146.95 (-0.95%) at 3:39pm ET. New 08-30: moved on the turbine bottleneck by trying to own it. Confirmed it is building a TURBINE-BLADE CASTING FOUNDRY in Bastrop, Texas, next to the Starlink factory on roughly 830 acres bought March-June 2026, to make in-house the single-crystal vacuum-cast blades only a handful of suppliers currently master; Musk said this could cut gas-turbine deployment time by up to 18 months. This is the first vertical-integration move into the turbine constraint itself that this map has recorded — every prior response was a contract signed further back in the existing chain. It lands the same weekend the US restricted foreign supply of that exact equipment class (EO 14421, see `united-states`), from the opposite direction. ⚠️ Tied in the same reporting to unresolved NAACP complaints that the Memphis turbine fleet runs without required permits or pollution controls. No new movement since 08-15; standing picture below holds. New 08-15: its first quarterly earnings as a public company beat expectations and the stock recovered back above its IPO price after a short squeeze. Congress kept pressing SpaceXAI over Colossus's unpermitted gas turbines the same day Musk confirmed a fourth Memphis-area data-center site; a separate investigative piece reconstructed how OpenAI's secretive Georgia "Camellia" data-center deal actually got made (a thread SpaceX/xAI's own buildout is compared against). Nvidia's Aug-14 13F disclosed the hard number behind SpaceX's converted xAI stake: $21B, its second-largest disclosed public holding after Intel. New 08-14: SpaceX completed its $60B all-stock acquisition of Cursor (Anysphere), issuing ~391M SpaceX Class A shares — closing ~17 days ahead of its 08-31 target, confirmed on SpaceX's own first quarterly earnings call as a public company (08-12, Musk: regulatory review "nearly complete," close "quite soon"). Cursor now sits under a newly rebranded "SpaceXAI" division, absorbed into xAI's structure rather than run independently, with its team gaining access to the Colossus supercomputer; a general-purpose agent product internally codenamed "Sand" may launch under the Grok Bot brand instead of Cursor's own. New 08-13: the Decart acquisition's buyer identity flipped — Bloomberg now reports Anthropic (not SpaceX) in advanced talks to buy the Israeli AI startup for ~$6B, a ~50% premium to its ~$4B May valuation; Musk has publicly denied SpaceX will be the acquirer, directly contradicting the original 08-09 report. Neither side has confirmed either version as of 08-14 — the standing decart-acquisition-close tracker (due ~08-17) still needs correcting from SpaceX to Anthropic. New 08-11: Money Stuff's read of Tesla's 2025 CEO Performance Award sharpened the merger-speculation narrative already on this board — the award's "Change in Control" clause would let a SpaceX-Tesla combination recalculate Musk's payout on acquisition price rather than the 20M-vehicle/1M-robotaxi/1M-Optimus operational targets currently gating it (award max already shrunk from $1T-valuation to $824B on recent dilution; an $8.5T deal price would trigger the full 424M-share award). No merger has actually been proposed; the mechanism is real and on the record in Tesla's own filing, the merger itself is not. Standing picture otherwise unchanged: the DOJ's Colossus/NAACP Clean Air Act intervention, the 911.5M-share lockup tranche (opened on schedule 08-06, no confirmed selling found), the deeper 455.8M-share tranche still locked below the $135 IPO price, and Starlink as the only profitable segment (Q2: $4.3B revenue, ARPU down to $66 from $85) all remain live with no further movement found this week.

as of 2026-09-29