Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

Elon Musk’s plan to launch 1 million AI data center satellites into orbit starting in 2028 could spark a financial catastrophe, sending SpaceX into a high-speed nosedive.

SpaceX's IPO filing reveals ad revenue for X is still below what it was when Musk acquired Twitter, but it is growing again. Meanwhile, Grok is producing 2 billion AI videos per month, while SpaceX's nascent connectivity business threatens the likes of Comcast and AT&T.