SpaceX Still Not Cheap Near $135 IPO, Says Kayne Anderson's Biel
Even a 45% drawdown from peak may not clear the premium, she argued, since much of SpaceX's valuation logic rested on its xAI tie-up rather than rockets and Starlink alone.
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Even a 45% drawdown from peak may not clear the premium, she argued, since much of SpaceX's valuation logic rested on its xAI tie-up rather than rockets and Starlink alone.
The release lands weeks after the Grok 4 launch and signals Musk's intent to keep a faster release cadence than the lab's bigger competitors, with the model positioned for both consumer X users and…
The name swap is unusual because SpaceX is still a separate, much larger private company. xAI is the AI lab, not the launch business.
Google has signed a deal worth up to $920 million per month to lease AI compute capacity from xAI's data centers…
xAI has integrated Grok directly into Hermes Agent, giving Elon Musk's AI model instant distribution across a network…