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Reuters: SpaceX wants a Nasdaq listing — with early Nasdaq 100 access

SpaceX is leaning toward listing what’s potentially the biggest IPO of all time on Nasdaq, Reuters reports, contingent on early inclusion on the exchange’s Nasdaq 100 index. Typically companies have to wait up to a year before being considered for inclusion in indexes like the S&P 500 or the Nasdaq 100, but Nasdaq recently proposed a change that could decrease that wait time to under a month for megacap companies.

SpaceX is reportedly aiming for a staggering $1.75 trillion valuation and could go public as soon as June. Getting into a major index would spark automatic buying from index funds, lifting demand and liquidity while expanding its investor base. The listing would be a major win for Nasdaq, reinforcing its dominance in Big Tech IPOs and driving billions in index licensing and trading revenue.

Tesla CEO Elon Musk’s rocket company has yet to make a final decision on which exchange it will list on, and the New York Stock Exchange is also competing for the listing, Reuters said.

SpaceX is reportedly aiming for a staggering $1.75 trillion valuation and could go public as soon as June. Getting into a major index would spark automatic buying from index funds, lifting demand and liquidity while expanding its investor base. The listing would be a major win for Nasdaq, reinforcing its dominance in Big Tech IPOs and driving billions in index licensing and trading revenue.

Tesla CEO Elon Musk’s rocket company has yet to make a final decision on which exchange it will list on, and the New York Stock Exchange is also competing for the listing, Reuters said.

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Nvidia partners with Mira Murati’s Thinking Machines Lab for 1 gigawatt of Rubin GPUs

Nvidia announced a “long-term” partnership with AI startup Thinking Machines Lab, founded by former OpenAI executive Mira Murati.

The deal involves an investment from Nvidia and a commitment to provide 1 gigawatt’s worth of the company’s next-gen Vera Rubin processors to the startup.

Thinking Machines Lab has raised at least $2 billion for a reported valuation of $50 billion.

In January, two of the cofounders of Thinking Machines Lab left for OpenAI, and another left for Meta. The company’s only product is Tinker, a tool that helps developers train AI models.

Thinking Machines Lab has raised at least $2 billion for a reported valuation of $50 billion.

In January, two of the cofounders of Thinking Machines Lab left for OpenAI, and another left for Meta. The company’s only product is Tinker, a tool that helps developers train AI models.

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Report: Meta has acquired Moltbook, the AI-only social network

Meta has acquired the startup Moltbook, which is a viral social network where humans are allowed to read, but only AI agents are allowed to post, according to a report by Axios.

Moltbook’s founders, Matt Schlicht and Ben Parr, will join the Meta Superintelligence Lab, which is run by Alexandr Wang, formerly of ScaleAI.

AI super-users are currently obsessed with OpenClaw (formerly named both Clawdbot and Moltbot), a free tool that lets users run AI agents privately on their home computers that can be interfaced via chat apps, like Slack, WhatsApp, or Telegram. The agents are given wide access to users’ data to allow them to take on a wide variety of tasks like managing emails, organizing files, and controlling home automation. The founder of OpenClaw was recently hired by OpenAI.

A Meta spokesperson told Axios, “The Moltbook team joining MSL opens up new ways for AI agents to work for people and businesses.”

AI super-users are currently obsessed with OpenClaw (formerly named both Clawdbot and Moltbot), a free tool that lets users run AI agents privately on their home computers that can be interfaced via chat apps, like Slack, WhatsApp, or Telegram. The agents are given wide access to users’ data to allow them to take on a wide variety of tasks like managing emails, organizing files, and controlling home automation. The founder of OpenClaw was recently hired by OpenAI.

A Meta spokesperson told Axios, “The Moltbook team joining MSL opens up new ways for AI agents to work for people and businesses.”

25%

Apple manufactured 55 million iPhones — about 25% of its global production — in India last year, Bloomberg reports. That’s up from about 36 million in 2024, as the company has been trying to decrease reliance and avoid tariffs on China.

That share would put the iPhone maker ahead of Wall Street’s schedule. At the start of 2025, analysts predicted Apple’s iPhone production in India would reach 25% by 2027.

“The vast majority of the iPhones sold in the US, or the majority, I should say, have a country of origin of India,” Apple CEO Tim Cook said during the company’s fiscal Q3 2025 earnings call.

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“Tesla killer” Slate Auto switches CEOs ahead of launch later this year

Just months before the expected launch of its $25,000 truck, so-called Tesla killer Slate Auto has swapped out its CEO. Former Amazon Marketplace Vice President Peter Faricy is the new leader of the Jeff Bezos-backed company, while the previous CEO, Chris Barman, one of the electric truck maker’s first employees, is now president of vehicles.

“ The marketplace component is really important to us. Being able to understand how to sell things in the 21st century is really important because we're gonna be direct to consumer, without dealerships,” Jeff Jablansky, head of communications at Slate, said of the change.  “The way Chris put it is, we are adding horsepower at a critical moment when people are going to be able to actually order their trucks.”

In a social media post just last month, then CEO Barman said the company would unveil the exact price tag for its Blank Slate, which goes on sale late in 2026, in June, but reaffirmed it will be in the mid-$20,000s.

“ The marketplace component is really important to us. Being able to understand how to sell things in the 21st century is really important because we're gonna be direct to consumer, without dealerships,” Jeff Jablansky, head of communications at Slate, said of the change.  “The way Chris put it is, we are adding horsepower at a critical moment when people are going to be able to actually order their trucks.”

In a social media post just last month, then CEO Barman said the company would unveil the exact price tag for its Blank Slate, which goes on sale late in 2026, in June, but reaffirmed it will be in the mid-$20,000s.

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Amazon’s autonomous ride-hailing service now testing in 10 markets

Amazon self-driving subsidiary Zoox announced Monday that it’s testing in two additional markets, Phoenix and Dallas, bringing its total to 10 US markets. The company will begin by mapping select neighborhoods using retrofitted Toyota Highlander SUVs with safety drivers behind the wheel, before progressing to autonomous testing and eventually rolling out its steering-wheel-less, purpose-built vehicles for public users.

The service is currently available to the public in Las Vegas and to select users in the Bay Area, where it’s served 300,000 riders.

Zoox is also opening a third “Fusion Center” facility, in Arizona after Las Vegas and the Bay Area, from which it will provide assistance and coordinate operations for its fleet.

Zoox’s expansion comes as Alphabet’s Waymo recently reached its 10th public market and as Tesla’s Robotaxi says it plans to open in six new markets in the first half of the year.

The service is currently available to the public in Las Vegas and to select users in the Bay Area, where it’s served 300,000 riders.

Zoox is also opening a third “Fusion Center” facility, in Arizona after Las Vegas and the Bay Area, from which it will provide assistance and coordinate operations for its fleet.

Zoox’s expansion comes as Alphabet’s Waymo recently reached its 10th public market and as Tesla’s Robotaxi says it plans to open in six new markets in the first half of the year.

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