SpaceX
SpaceX business and news from across the web.
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A SpaceX Falcon 9 rocket is expected to crash into the moon this August
The upper stage of a SpaceX Falcon 9 rocket, which has been in orbit for over a year, is predicted to impact the moon in August. This event highlights the growing issue of space debris and its potential impact on celestial bodies.
Evening Reading - July 22, 2026
This edition of Shacknews Evening Reading covers various gaming and entertainment news. Highlights include reviews for Final Fantasy X/X-2 on Switch and Avatar Legends: The Fighting Game, Victor Wembanyama as the NBA 2K27 cover star, and Xbox backwards compatibility on PC. Business news includes earnings reports from Tesla, Google, and SpaceX, alongside updates on BlizzCon 2026 digital bundles and the reopening of the Cinerama Dome.
SpaceX (SPCX) & Anthropic investments added $98 billion to Google (GOOGL) Q2 2026 income
Google reported a significant increase in its Q2 2026 income, with "other income" reflecting a net gain of $98 billion. This substantial figure is primarily attributed to unrealized gains from major investments in SpaceX and Anthropic, the creator of the AI model Claude. This marks a dramatic increase from the previous year's "other investments" figure.
AMD pours up to $5B into Anthropic — but the payoff waits until 2027
AMD is investing up to $5 billion in AI company Anthropic, with a significant portion of this funding being used by Anthropic to purchase AMD's Instinct MI450 GPUs and Helios rack-scale systems. This strategic partnership also includes a multi-year engineering collaboration where AMD will utilize Anthropic's Claude AI model. The initial deployment of hardware is expected in the first half of 2027.
Tesla teases Cybercab with a built-in Starlink V5 antenna
Tesla has teased its upcoming Cybercab design, which features an integrated SpaceX Starlink V5 antenna. This integration suggests a focus on connectivity for the autonomous vehicle.
Don't lose sleep over reports of 260 Starlink satellites deorbiting
SpaceX's deorbiting of Starlink satellites is not currently a cause for concern, but scientists are investigating the potential environmental consequences of frequent satellite deorbits. The article aims to reassure readers while acknowledging ongoing scientific inquiry into the matter.
Everyone who bought the SpaceX (SPCX) IPO is officially losing money
Investors who purchased SpaceX stock at its initial IPO price of $135 per share are now experiencing losses as the stock value has dipped below this mark. The company, which initially focused on space exploration, has pivoted towards AI technology, absorbing Elon Musk's xAI and focusing on orbital data centers.
Ohio EPA drafts permit allowing data centers to dump wastewater & biocides into state waters
The Ohio Environmental Protection Agency has drafted a five-year permit allowing data centers to discharge wastewater containing biocides, heavy metals, and PFAS into state waters, including Lake Erie. This new blanket permit would replace individual permits, significantly reducing review processes and potentially leading to a decline in water quality. The permit includes optional pollution prevention measures if deemed economically infeasible.
'After stealing an open source AI charity, you then stole all of Apple’s phone technology! Wow': Elon Musk and Sam Altman are fighting on the internet again
OpenAI CEO Sam Altman and Elon Musk are engaged in a public dispute on X, with Musk accusing Altman of scamming and Altman retorting about Musk's business practices. The feud touches on allegations of stealing open-source AI charity funds and Apple's phone technology, stemming from recent legal battles and lawsuits involving both parties.
Evening Metaverse
SpaceX plans to launch 100,000 additional Starlink satellites to significantly increase bandwidth. Separately, a new browser extension has been developed to block fake brands on Amazon.
Fi Ultra pet tracker uses T-Mobile's Starlink satellite service for coverage
Fi's latest dog tracker will utilize SpaceX's Starlink satellite service to provide coverage in rural areas. This integration aims to offer reliable tracking for pets even in locations with limited cellular service.
xAI is now officially known as SpaceXAI
The artificial intelligence company xAI has officially rebranded to SpaceXAI, five months after its merger with SpaceX. The announcement was made via the company's account on the social media platform X.
Morning Tech Bits
SpaceX has vaporized 260 Starlink satellites in Earth's atmosphere over the past six months, raising new environmental concerns. The practice of burning these large orbital data centers has prompted the FCC to seek exemptions for satellites.
The Morning After the Hurricane, Every Phone in the Valley Still Worked. None of Them Could Say Anything.
Hurricane Helene caused a widespread communications blackout in western North Carolina, highlighting the fragility of centralized cellular networks. While traditional infrastructure failed, decentralized mesh networks using low-cost hardware like Meshtastic proved resilient, enabling communication when cell towers were down. The article advocates for building such community-based mesh networks as a more robust disaster preparedness solution.
'Meta will need to reduce or possibly stop AI investment in datacenters, as it already has excess capacity': The AI infrastructure bubble feels the heat
Meta is reportedly exploring options to sell excess AI compute capacity, potentially entering the cloud computing business to monetize its infrastructure. This move comes as big tech's massive investments in AI hardware may be leading to overcapacity, prompting concerns about return on investment. The company's stock saw a significant jump following reports of these considerations.
SpaceX is reportedly testing a handheld AI device
SpaceX is reportedly developing a handheld device that could provide access to xAI's artificial intelligence models. This rumored device might offer an alternative to using a smartphone for AI interactions.
Morning Mobilization
SpaceX is planning to launch its Starlink mobile service in the United States. The article also mentions a fatal Tesla crash in Texas that is leading to a legal dispute, and briefly touches on e-book software.
Morning Tech Bits
SpaceX's upcoming Initial Public Offering is reportedly causing issues for retail investors. Separately, the article questions the high price point of the Steam Machine, suggesting Valve faced challenges with RAM manufacturers.
Report: Former Xbox president Sarah Bond and Take-Two CEO Strauss Zelnick linked to Peter Thiel's secret society
Former Xbox president Sarah Bond and Take-Two CEO Strauss Zelnick have been linked to 'Dialog,' an exclusive society founded by Peter Thiel. Internal records exposed by a hacktivist revealed the names of 113 individuals associated with the group, which convenes for off-the-record retreats discussing various topics, including geopolitical events and technology.
Evening Reading - June 16, 2026
This edition of Evening Reading covers various internet happenings, including a review of UFC 6 and mentions of indie games like Tanuki: Pon's Summer and Mina the Hollower. It also touches on AI developments such as the Pokemon TCG AI Battle Challenge and SpaceX's acquisition of Cursor AI.