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Tesla shares rose 3.5% after Elon Musk announced Terafab, a $20 billion chip factory joint venture with xAI and SpaceX, aiming for innovative AI-driven semiconductor production by late 2027.
Tesla's CEO Elon Musk consolidates his ventures with SpaceX's xAI acquisition, hinting at future Tesla-SpaceX collaboration and AI integration, which is viewed bullishly but also raises concerns abou…
Tesla shares surged 4.7% amid reports that SpaceX is considering deals, including a possible merger, with Tesla, fueling optimism ahead of SpaceX's planned IPO this year.
SpaceX will attempt Starship's tenth flight Aug. 26, testing booster separation, a water landing, heat shield tiles and mock Starlink deployments; success matters for Starlink, Artemis plans and heav…