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How likely is a merger of Tesla and SpaceX - and what would it mean for you? Elon Musk's two biggest companies, Tesla and SpaceX, have long operated as separate entities. But recent comments from Musk have reignited speculation about a potential merger that could create one of the most valuable private-to-public transitions in corporate history. Such a combination would unite the world's most valuable electric vehicle maker with the dominant commercial spaceflight company, potentially reshaping everything from transportation to satellite internet. For investors, a merger could mean a single stock that captures both the upside of autonomous vehicles and the growth of space-based services. For consumers, it might accelerate the integration of satellite connectivity into Tesla vehicles. Analysts caution that significant regulatory, financial, and operational hurdles remain before any deal could materialize, and Musk himself has offered no concrete timeline. Source: BBC US/Can...

Blackstone's Jas Khaira says fears over AI-buildout debt are overblown Jas Khaira, Blackstone's head of AI, says market fears about the debt fueling the artificial intelligence infrastructure buildout are overblown, pushing back against growing jitters on Wall Street. Investors have grown increasingly nervous about the massive borrowing underpinning data center construction and chip purchases, with some warning that the AI boom could be creating a dangerous credit bubble. Khaira argued that the private equity giant sees strong fundamentals behind AI infrastructure spending, with demand for computing capacity continuing to outpace supply across the industry. His comments reflect a broader divide among investors, with some seeing a transformative technology cycle still in its early stages while others worry the market is repeating the excesses of past tech booms. Source: TechCrunch   Related Articles How likely is a merger of Tesla and SpaceX - and what would it mean for y...

Tesla says it will start selling Cybercabs by end of year Tesla has announced it will begin selling its Cybercab robotaxi to customers by the end of the year, even as the vehicle remains under a federal safety investigation. The gold-hued two-seater, which has no steering wheel or traditional controls, represents Tesla's biggest bet yet on autonomous driving technology and its vision for a driverless future. Lars Moravy, Tesla's vice president of vehicle engineering, outlined the ambitious timeline during the company's third-quarter earnings call, insisting the company is on track to deliver the first Cybercabs before the year ends. Safety advocates have questioned the move, arguing that selling a vehicle without traditional controls before federal autonomous-vehicle standards are established raises serious concerns about road safety and regulatory oversight. Source: TechCrunch   Related Articles How likely is a merger of Tesla and SpaceX - and what would it mean for...

Meta fined $25bn for 'lies' over user data privacy Meta has been fined a record $25 billion over "lies" it told about how it handled user data, the largest penalty ever imposed on Facebook's parent company and one of the biggest privacy fines in history. The fine, issued by regulators over the company's data privacy practices, dwarfs the previous $18 billion settlement in California and signals a far more aggressive stance toward Big Tech's handling of personal information. Privacy advocates welcomed the decision, calling it a long-overdue reckoning for years of alleged deception about data collection and sharing practices across Meta's family of apps. Meta has not yet said whether it plans to appeal the ruling, which could reshape how the company operates its advertising business and collects user data worldwide. Source: BBC US/Canada   Related Articles New Mexico Judge Orders Meta to Pay $25 Billion in Historic Privacy Case Blackstone's Ja...