HeyJaredAkash Sriram
- Indexed articles, last 90 days
- 4
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- Aug 14, 2026
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- Jul 21, 2026
Latest articles
Alphabet’s SpaceX stake hit $94-billion, a more than 100-fold jump since 2015 (opens the original)
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Alphabet’s GOOGL-Q early bet on SpaceX SPCX-Q has multiplied more than 100-fold, with the Google parent disclosing a stake worth about US$94-billion at the end of June compared with the US$900-million investment it said it made in Elon Musk’s rocket company in 2015. Alphabet has emerged as by far the largest single institutional holder of SpaceX following its US$86-billion IPO in June, according to a Reuters analysis of quarterly filings made public so far. The filings shed new light on the scal
SpaceX’s quarterly revenue surges on strong growth in Starlink business (opens the original)
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SpaceX SPCX-Q revenue nearly doubled, the rocket company said in its first earnings report since going public, fuelled by its booming Starlink satellite communications and AI businesses, but executives flagged the spending spree underpinning its lofty ambitions is far from over. The company led by Elon Musk said it expected a US$100-billion revenue run-rate by December, promised a less than one-year payback on new capital deployments for AI compute, and forecast it would launch at least 1,000 ne
Elon Musk’s Tesla reports negative free cash flow for first time in more than two years (opens the original)
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Tesla TSLA-Q on Wednesday missed analysts’ profit forecasts for the second quarter and, for the first time in more than two years, reported negative free cash flow as the Elon Musk-led EV maker accelerated spending on infrastructure for its AI and robotics ambitions. Shares were down about 2.5 per cent in extended trading. Musk plans to spend more than US$25-billion this year, nearly triple last year’s US$8.53-billion, as he bets on Tesla’s AI-powered self-driving technology and robotics, over i
Tesla cash burn to test investor faith in physical AI bets (opens the original)
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Tesla TSLA-Q is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets will pay off. CEO Elon Musk has pivoted the electric-vehicle maker’s focus from manufacturing cars to building so-called physical AI businesses such as self-driving taxis and humanoid robots. Much of Tesla’s valuation hangs on that promise. However, investors are growing increasingly uneasy as spending on AI
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