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AXIOS (Madison Mills) - Scoop: SpaceXAI launches new model, Grok 4.5

Elon Musk's SpaceXAI is launching Grok 4.5, its smartest model yet, and its first release since going public and acquiring the AI coding startup Cursor. Why it matters: The new model is being pitched as a coding and agentic-work tool, more than a consumer-facing chatbot — one that Musk says is "maximally truth-seeking" compared to its competitors. Zoom in: The company says Grok 4.5, trained alongside Cursor, outperforms comparable models on engineering and knowledge work. - "It is an Opus-class model, but faster, more token-efficient and lower cost," wrote Musk in a post on X , referencing what was until recently Anthropic's top model family. - A chart accompanying the announcement says the model outperforms Opus 4.8 on several key…

AXIOS (Matt Phillips) - SpaceX soars above Amazon in market cap

Data: FactSet ; Chart: Matt Phillips/Axios SpaceX jumped another 4.8% Tuesday, enabling Elon Musk's space launch/satellite services/AI/social media conglomerate to leapfrog Amazon.com in market value. - In just its first two full days of trading, SpaceX has added roughly $537 billion to push its market value to $2.659 trillion, according to FactSet data. - That puts it ahead of Amazon.com, which was valued at $2.646 trillion at Tuesday's close. Why it matters: The gain underscores the extraordinary power Musk's mastery of the stock market gives him. - Essentially, the surge in market value provides SpaceX with hundreds of billions of dollars out of thin air, which it can then use to remarkable operational advantage. Case in point:…

NYTIMES (Gregory Schmidt) - Riding High After I.P.O., SpaceX to Buy A.I. Start-Up for $60 Billion

SpaceX exercised its option to acquire Cursor in an all-stock deal, bolstering Elon Musk’s ambitions in artificial intelligence.

ABCNEWS - WATCH: AI agent error causes mayhem at tech company

Jeremy Crane, founder and CEO of PocketOS, shared in an in-depth post on X, explaining how the AI coding agent Cursor deleted his company's entire production database in about 9 seconds flat.