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Tag Archives: elon musk

Arkham Reveals Tesla and SpaceX’s Bitcoin (BTC) Stash: Report

Arkham Intelligence has revealed that Tesla currently possesses 11.51K BTC, valued at $780 million, distributed across 68 addresses, while SpaceX holds 8.29K BTC, totaling $560 million, spread across 28 wallets. These findings are substantiated by on-chain fund flows that align with financial disclosures from both companies. Tesla and SpaceX’s Vaults: $1.34B in BTC Holdings Laid Bare In a tweet on X platform, the blockchain analytics platform said that Tesla made a notable...

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Spanish Regulator Orders Worldcoin to Halt Personal Data Collection

The Spanish data protection regulator, AEPD, has instructed Worldcoin to halt the collection of personal data in the country through scans and to refrain from utilizing any data already obtained. This precautionary action was announced on Wednesday after receiving numerous complaints regarding Worldcoin since last summer. These include concerns about the adequacy of information provided by the project regarding data processing, the gathering of data from minors, and the lack...

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xAI Investment Figures Denied by Elon Musk

Grok, an AI chatbot with access to tweets from all over X and programmed to be as snarky as possible, is the principal product offered by xAI. The company is Elon Musk’s response to OpenAI – which he also co-founded. However, he later left after disagreements with Sam Altman and others over how to develop and profit from the tech that they were building. Bid for Investment Registered Late Last Year In early December, Elon Musk filed an SEC Form D for xAI, a document that...

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SpaceX Plans New Tender Offer, Aiming for Valuation Above $175B

SpaceX has become one of the most valuable companies in the United States, dominating the market for commercial space launch services, primarily due to the success of its Falcon rockets.  Elon Musk‘s aerospace company SpaceX is in discussions to sell insider shares via a new tender, potentially valuing the privately held firm at around $175 billion, as reported by Bloomberg on Thursday, citing people familiar with the matter. According to the report, the company plans to sell approximately...

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Elon Musk’s xAI Files for Private Sale of $1B Worth of Unregistered Securities

Elon Musk – who was also one of the founders of OpenAI back in the day – has been working on xAI for a while now, a firm launching another chatbot named Grok whose selling point is being “quirky” and having access to the Twitter API in order to stay up to date with current events. Announcing Grok! Grok is an AI modeled after the Hitchhiker’s Guide to the Galaxy, so intended to answer almost anything and, far harder, even suggest what questions to ask! Grok is designed to...

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Elon Musk-backed xAI Notifies US SEC of Its Intentions to Raise $866.3M through Equity Offering

xAI, the Nevada-based tech company, has so far raised $134 million in its bid to achieve $1 billion to further improve AI tools used by GROK. In a bid to grow its market share and infrastructure, Elon Musk-backed xAI Corp. has filed with the United States Securities and Exchange Commission (SEC) to raise an extra $865.4 million through equity sales. The Nevada-based technology company notified the US SEC through Form D, which is yet to be revised, that it has already sold offerings worth...

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