SpaceX CEO Elon Musk said his company closed on $40 billion in financing to pay for specialized chips used to power AI

Musk says SpaceX raised $40 billion in debt for NVIDIA GPUs, and Foxconn has reportedly won up to 45% of its data center assembly orders.

Shares in CoreWeave and Nebius fell further in premarket trading after Elon Musk warned about the cloud-computing sector on Sunday.

Representative Randy Fine said anyone who lied on immigration paperwork to gain citizenship should be denaturalized and deported.

More than $16 billion and counting has been raised during the 2026 election cycle, according to an early October tally by the Federal Election Commission.

Shares of neoclouds that offer AI infrastructure for rent are falling after a post by Elon Musk added fuel to worries about their financial health.

The logic is compelling, but would combining the two businesses create more value for shareholders -- or simply a bigger company with bigger ambitions?

Rep. Jason Crow (D-Colo.) on Sunday said that SpaceX CEO Elon Musk having the ability to cut off Starlink access to Ukraine is “beyond disturbing to me.” “Face the Nation”