SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency 
Honduras Election Recount Delayed Amid Protests and Political Tensions 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade 
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Dan Bongino to Step Down as FBI Deputy Director After Brief, Controversial Tenure 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Federal Appeals Court Allows Trump’s National Guard Deployment in Washington, D.C. to Continue 
Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Tesla CEO Elon Musk has voiced doubts over the financial feasibility of President Donald Trump’s $500 billion Stargate project, unveiled Tuesday. The initiative aims to establish an advanced artificial intelligence (AI) infrastructure in the U.S. through collaboration with tech giants like OpenAI, Oracle, SoftBank, and Microsoft.
Musk responded critically on his platform, X, claiming, “They don’t actually have the money,” and accusing SoftBank of having "well under $10B secured." His remarks challenge the project’s initial $100 billion funding, which is expected to grow to $500 billion by 2029.
OpenAI CEO Sam Altman defended the project, asserting that its funding is secure and emphasizing its national benefits. Altman replied to Musk, stating, "This is great for the country... I hope you’ll mostly put the US first."
The Stargate project, starting in Abilene, Texas, aims to build multiple data centers, create over 100,000 jobs, and enhance the U.S.'s AI capabilities. According to The Information, SoftBank and OpenAI have committed $19 billion each to the initiative.
Musk’s critique has sparked a public debate about the ambitious plan’s practicality and funding transparency. Meanwhile, supporters argue that the project represents a significant step forward in cementing the U.S.'s position as a global AI leader.
