SpaceX Flashed an AI Phone to Investors Before Its IPO, Then Musk Called the Report 'Utterly False'
About This Episode
The Wall Street Journal reported that SpaceX showed investors a slim, iPhone-like AI device built on xAI's Grok technology ahead of its record June IPO. Elon Musk denied the report on X as 'utterly false,' and SpaceX's newly listed stock dropped about 7.3%, wiping more than $50 billion off Musk's net worth. The move would pit SpaceX against OpenAI's rival AI-device effort with Jony Ive.
Our Take
SpaceX's rumored AI phone, and Musk's flat denial, isn't really about a gadget: it's about who gets to own the doorway between people and artificial intelligence, and why that interface layer is worth flashing to investors right before a record IPO.
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