Elon Musk Says AI Will Become SpaceX’s Biggest Business
Elon Musk says AI is becoming central to SpaceX’s business, raising new questions about SpaceX stock valuation and its future growth engine ...
HeyStartup
Elon Musk: Our AI revenue will exceed all other SpaceX revenue probably in September
Elon Musk speaks at SpaceX all-hands meeting. Got a confidential news tip? We want to hear from you. Sign up for free ...
Tesla reveals solar plans that could advance Elon Musk’s push to outpace US panel capacity
Tesla is proposing a plan to build a $10.1 billion solar factory in Texas that could be up and running by the first quarter ...
Elon Musk says Grok will be trained on SpaceX employee data
SpaceX has become the latest tech giant to target employee data in the race to improve its AI models.
Elon Musk Plans To Erect the Largest Building on Earth, and His Neighbors Aren’t Happy
The average Target or Costco store is the size as 2.5 football fields. Musk's Terafab plant would be equivalent to 2,300 football fields.
Elon Musk Tells SpaceX Employees ‘AI Will be 99% The Value of SpaceX’ Within 5 Years
At a recent all-hands meeting, Elon Musk told SpaceX employees that the rocket business they work for is quietly transforming into something far more valuable, and he named a specific month when the ...
Elon Musk's Tesla Weighs $10.1 Billion Solar Plant, Chamath Palihapitiya Calls It a Bet on Nuclear: Here's Why
Editor’s Note: The story has been refreshed with the latest market price action and a revised headline. Venture capitalist Chamath Palihapitiya said Wednesday that Tesla Inc. ‘s (NASDAQ: TSLA ) expansion into solar manufacturing was essentially a bet on nuclear power, as the automaker weighs a $10.1 billion solar cell plant in Texas. ‘All in on Nuclear’ “Tesla is going all in on nuclear,” Palihapitiya said in a post on X. “Actually, it’s going all in on solar, but they are the same thing, the sun is a nuclear reactor, just farther away.” Palihapitiya has been a vocal supporter of Musk’s ventures, previously floating the idea of merging Tesla and Space Exploration Technologies Corp. (NASDAQ: SPCX ) into a single corporate structure, saying there is “a very obvious industrial logic” to combining the two companies’ capital structures and balance sheets. Tesla is going all in on nuclear. Actually it’s going all in on solar but they are the same thing – the sun is a nuclear reactor, just farther away. pic.twitter.com/XuuRCJ1oRS — Chamath Palihapitiya (@chamath) August 12, 2026 Seeks 10-Year Tax Limitation The Elon Musk -led company is considering the vertically integrated solar cell facility in Fort Bend County, Texas, according to a tax incentive application filed with the state and named “Project Crystal Sun.” The proposed 3,050-acre site near Richmond would consolidate the full solar production chain, from ingot and wafer manufacturing to module assembly, under one roof. Tesla is seeking a 10-year property tax limitation from Lamar Consolidated Independent School District, and the filing added that the company is also considering a site outside Texas. Read Also: Magic Johnson Congratulates Good Friends Bob Iger and Josh Kushner on Buying the Lakers: Is the Franchise Headed for a Shakeup? Expands on Tesla’s Existing Solar Business Tesla currently produces solar panels at a facility in Buffalo, New York, though that plant handles more limited assembly. Earlier this year, Tesla was reportedly in discussions with several Chinese companies to acquire $2.9 billion worth of solar manufacturing equipment. The Facility Could Bring Thousands Of Jobs If approved and built as planned, the project is expected to create 9,712 permanent jobs and 1,147 peak construction positions, with commercial operations targeted for the first quarter of 2029. Last week, Tesla and SpaceX broke ground on Terafab , a chip manufacturing facility nearby in Grimes County, Texas, that is expected to become the world’s largest building by floor area once completed. Price Action: The company’s shares fell 1.59% on Wednesday to close at $327.51 and fell 0.68% further in Thursday premarket trading. Benzinga edge rankings indicate Tesla’s stock has a Momentum score in the 9th percentile and a Growth score in the 40th percentile. Read Also: Trump Says Karoline Leavitt Will Leave White House to Focus on Family but Remain ‘One of My Top Outside Advisors’ Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo Courtesy: Frederic Legrand – COMEO on Shutterstock.com "ACTIVE INVESTORS' SECRET WEAPON" Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now! Get the latest stock analysis from Benzinga: TESLA (TSLA): Free Stock Analysis Report This article ‘Tesla Is Going All In on Nuclear’: Chamath Palihapitiya Weighs In on Elon Musk’s $10 Billiom Solar Manufacturing Bet (UPDATED) originally appeared on Benzinga.com © 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
1 AI Stock to Buy Before It Soars 129%, According to a Wall Street Analyst (Hint: the CEO Is Elon Musk)
SpaceX stock could more than double in the next year as its booming artificial intelligence business continues to grow.
Why is "Elon Powers" trending? Internet can't get enough of Elon Musk's AI video as the "man who bought the UK"
A joke Elon Musk made on X has led to the phrase "Elon Powers" trending on the social media platform. It all started when a satirical website called The Babylon Bee claimed in an article that Musk had ...
Nvidia’s new $500B plan is risky but brilliant, especially for aging GPUs
Nvidia has a plan to make sure its GPUs won't lose value. It wants to convince a new crop of financiers to keep lending for AI buildouts.
Putting a number on a founder’s voice
Every few months another agency pitches me a personal-branding framework, and the pitches tend to land in the same place, with stages, arrows, and a trademark symbol above advice that circulated a decade ago. Publish more often, get quoted somewhere...
Legora is reportedly chasing a $10bn valuation, barely a season after its last raise
Legora, the Swedish legal-AI company that has become one of Europe’s fastest-rising startups, is reportedly seeking to raise fresh funds at a valuation of more than $10bn. If it lands, the deal would roughly double the figure investors put on the bus...
Revolut is building its own airport lounges, starting in Copenhagen in 2027
Revolut, the fintech that built a fortune on the promise that you would never again need to set foot in a bank, is about to start putting up buildings. The company said today that it will open its own premium airport lounges across Europe, with the f...
Oracle plans fresh August layoffs as its AI spending spree bites
Oracle is planning another round of job cuts this month, according to Business Insider, with some teams reportedly facing double-digit-percentage reductions. Managers have been told to identify the employees affected, and the goal is to trim payroll...
A billion-dollar game deleted a character in 8 days. Then it had the worst month of its life
In June, Love and Deepspace took about $38m across the App Store and Google Play. In July it took just over $10m, mobilegamer.biz reported this week, citing Sensor Tower. The game slid to 16th in the monthly gacha rankings, having never before droppe...
Mark Zuckerberg’s ‘personal superintelligence’ pitch lands as a Rorschach test
In a roughly 6,500-word essay published a couple of weeks ago, Meta’s chief executive, Mark Zuckerberg, laid out a vision of “personal superintelligence”, an artificial intelligence built for everyone rather than a centralised system that automates p...
Donald Trump is sued for putting a $100,000 paywall on his Truth Social posts
The Intercept and the Freedom of the Press Foundation have sued President Donald Trump over a Trump Media service that sells paid early access to his Truth Social posts, arguing that a sitting president should not be allowed to put a price on his own...
Taiwan says AI agents helped hack its government in four days
Taiwan says it spent part of last month fending off a hacking campaign that leaned on artificial intelligence to do the heavy lifting. The island’s Ministry of Digital Affairs, through its National Institute of Cyber Security, disclosed that governme...
Brazil orders Discord to suspend livestreaming after a 13-year-old’s death
The country’s data protection authority says there is robust evidence Discord failed to keep minors away from content promoting self-harm, and real-time video is the hardest thing on the internet to moderate. Brazil has ordered Discord to switch off...
SpaceX’s Starlink starts taking orders in Vietnam, on Hanoi’s terms
SpaceX’s Starlink has begun taking orders for its satellite-internet service in Vietnam, opening one of Southeast Asia’s fastest-growing markets to Elon Musk’s orbital broadband. It is a notable win for a business that has become SpaceX’s cash machin...