HeyStartup
Elon Musk Once Said SpaceX Wouldn't IPO Until It Reached Mars—Now He Wants $2 Trillion By Summer
Elon Musk once swore SpaceX would stay private until humans reached Mars. Now he wants $2 trillion and a June listing. SpaceX filed confidentially with the SEC on April 1, targeting a late-May prospectus and early June roadshow at a reported $1.75 trillion valuation, roughly five times what SpaceX was worth just nine months ago. The AI Pivot Driving The Numbers The valuation jump owes less to rockets than to Musk’s February merger of SpaceX with his AI company xAI, owner of the Grok chatbot. The
Anthony Scaramucci Says He Owns SpaceX Stock And Won't Miss Out On The IPO Despite Elon Musk's 'Cult Of Personality' Premium
Anthony Scaramucci said Thursday he plans to invest in SpaceX's upcoming initial public offering even while acknowledging that Elon Musk's personal following inflates the company's valuation beyond what traditional measures would justify. Scaramucci Sees Premium But Still Buys In a post on X, the SkyBridge Capital founder said he already owns SpaceX through a private round and argued that the "cult of personality" around Musk can push valuations "off the charts," much as Tesla Inc.’s stock "defi
Elon Musk’s Top Tips That Will Save Retirees From Financial Disaster
While it's doubtful that Tesla CEO Elon Musk -- the world's richest person by a long shot, as Forbes detailed -- will have to worry too much about a comfortable retirement plan, he nonetheless can be...
Sam Altman ‘proud of not agreeing to Elon Musk’s unilateral control over OpenAI,’ admits other mistakes
Altman stated that the decision he remains proud of is standing firm against Elon Musk’s desire for unilateral control over ...
All About Elon Musk's 14 Kids and Their 4 Moms, Including Grimes
Elon Musk shares 14 children with four different women, including the musician Grimes. Here, a full rundown of his ...
Nvidia-backed SiFive hits $3.65 billion valuation for open AI chips
The deal is interesting for a number of reasons, including that SiFive's chip designs are based on RISC-V, not x86 or ARM.
SaaS on the Beach returns to Barcelona with a founder-only format
As the tech conference circuit grows more crowded, one SaaS event is making the opposite pitch: fewer people, fewer sales decks, and a lot less noise. SaaS on the Beach, a curated event for SaaS founders, will return to Barcelona between May 20 and 21 for its second edition, positioning itself as an alternative to the […]This story continues at The Next Web
UK startup Altilium bags £18.5m to build Britain’s first commercial EV battery refinery
In short: Altilium, a UK clean technology company, has secured £18.5 million in grant funding from the government’s DRIVE35 Scale-Up Fund to build ACT3, the country’s first commercial refinery for recovering critical minerals from end-of-life electric vehicle batteries. Located in Plymouth, Devon, the facility will process 24,000 EV batteries a year using Altilium’s proprietary EcoCathode™ process, […]This story continues at The Next Web
Estonia is the rare EU country opposing bans on children’s social media use
In short: Estonia and Belgium are the only two EU member states to have declined the Jutland Declaration, an October 2025 pan-European commitment to restrict children’s access to social media. Estonia’s ministers argue that age-based bans are unenforceable, that children will find ways around them, and that the correct approach is to enforce the GDPR against […]This story continues at The Next Web
AI is making us faster, more productive, and worse at thinking
AI is everywhere, the pressure to adopt it is relentless, and the evidence that it’s making us smarter is getting thinner by the quarter. On New Year’s Day 2026, a programmer named Steve Yegge launched an open-source platform called Gas Town. It lets users orchestrate swarms of AI coding agents simultaneously, assembling software at speeds […]This story continues at The Next Web
AI can screen 15 million molecules in a day. It still can’t cure Alzheimer’s.
The drug discovery revolution is real but radically overstated, the health chatbots are a documented hazard, and the diseases that matter most remain stubbornly unsolved. At Novartis, sometime in late 2025, a team of researchers working on Huntington’s disease used generative AI to computationally design 15 million potential compounds for a type of molecule called […]This story continues at The Next Web
Announcing SOSV’s VC-Founder Physical AI Matchup May 6-11
Announcing the 2026 VC-Founder Physical AIMatchup, with meetings taking place online between May 6th (Monday) and May 11th (Friday).This virtual event will bring together 250+ startups and 250+ investors for 1:1 meetings online, scheduled at mutually convenient times.In 2025, SOSV Matchups generated over 6,500 one-on-one meetings in categories that included Health Tech, Climate Tech, and Robotics, receiving high praise from over 4,400 participants:“It’s months of deal flow in a single week” (inv
NASA Artemis II splashes down in Pacific Ocean in ‘perfect’ landing for Moon mission
The Integrity craft splashed down in the Pacific Ocean off the coast of San Diego just after 5:07 p.m. Pacific Time.
No, Elon Musk doesn't want to give you a $5,000 tax refund — it's a scam
Elon Musk's name is being used in crypto scams once again.
Elon Musk’s xAI faces fresh opposition after landing permit for Mississippi power plant
Musk's xAI, now owned by SpaceX, faces a legal challenge from environmental groups opposed to a massive power plant in Mississippi.
Elon Musk’s Trans Daughter Doesn’t Want Him In Her ‘Future’
The public dynamic between Elon Musk and his estranged daughter, Vivian Jenna Wilson, has taken a dramatic new turn following ...
Intel signs on to help Elon Musk build his own AI chips. Will that make a difference?
The chipmaker brings a tremendous amount of experience, but details remain fuzzy about exactly how close the relationship is.
Elon Musk’s xAI Sues Colorado Over AI Law as Fight Over State Regulation Intensifies
Elon Musk’s AI company xAI is challenging Colorado’s new high-risk AI law, adding to mounting legal scrutiny around its Grok ...
Why a ‘terrifying' Elon Musk robot dog is roaming San Francisco
A flesh-colored android has been spotted roaming the city streets with an eerily realistic head resembling that of Tesla CEO ...
A New Theory of Elon Musk
How a close examination of the richest — and most annoying — man in the world explains the global economy.