GoKawiil
Tech News
SpaceX announced plans for a new spaceport, Starbase Louisiana, in Vermillion Parish, designed to support thousands of launches per year for its Starship rocket. The project, valued at $100 billion, follows a seven-year site search and is expected to create around 10,000 jobs, according to Elon Musk. SpaceX also pledged to fund coastal wetland restoration efforts alongside the state as part of the deal.
At his first all-hands meeting following the acquisition of Cursor, Elon Musk reportedly told employees that AI will inevitably grow beyond human control, and argued this is precisely why his AI division must develop the technology before competitors do. The remarks, first reported by The Information, offer little logical justification for why being first matters if the outcome is unavoidable regardless of who builds it.
A financial disclosure shows President Trump bought as much as $50,000 in SpaceX shares on June 23, two weeks after the company's IPO. The purchase came after shares had already dropped from highs above $200 to the mid-$150s, and by Monday's close the stock had fallen further to its $135 IPO price, potentially leaving Trump's stake at a loss.