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Elon Musk revealed on SpaceX's latest earnings call that the company's Starmind AI project will run on NVIDIA's Vera Rubin GPU architecture, both on the ground and eventually in orbit. Musk argued the NVL72 VR system design outperforms traditional rack-based computing setups and would be cheaper and more effective for SpaceX's needs.
SpaceX plans a second Starbase-style launch complex on former Exxon land in Vermilion Parish, Louisiana, after a seven-year site search. The company says construction begins in 2027 with a first Starship launch targeted for 2029, though Louisiana's economic development agency projects operations starting in 2030.
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.
Louisiana Governor Jeff Landry announced that SpaceX will invest up to $100 billion to construct a large-scale Starship manufacturing and launch complex along the state's Gulf coast, near Abbeville. SpaceX president Gwynne Shotwell described the site as a self-sufficient spaceport featuring propellant production, power generation, deep-water shipping, vehicle processing, and its own airport.
On his CNBC Investing Club Morning Meeting, Jim Cramer discussed Apple's newly unveiled Mac Mini and Mac Studio, which feature upgraded chips for better AI performance. The new Mac Mini now starts at $899, a $100 increase reflecting higher memory and storage costs passed on to consumers.
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.
NASA's Nancy Grace Roman Space Telescope is scheduled to launch atop a SpaceX Falcon Heavy rocket from Kennedy Space Center no earlier than 7:26AM Eastern on August 30, with live coverage starting at 6:20AM. If weather or technical issues delay the flight, a backup attempt is planned for August 31 at 7:22AM Eastern. NASA will also host a science briefing and prelaunch news conference on August 29.
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.