AI founders want to give shares to the public? Give them to Social Security.




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Elon Musk says it's not worth saving for the long term, as nest eggs won't matter.
"Saving money for the distant future is pointless with the advent of super intelligent abundance," Musk said in an X post on Thursday, doubling down on one of his most polarizing predictions.
The Tesla and SpaceX CEO was replying to a user who said they weren't stressing over their "questionable financial decisions" because a future of abundance meant "most of it won't matter in a few years anyway."
@battleangelviv Saving money for the distant future is pointless with the advent of super intelligent abundance
— Elon Musk (@elonmusk) October 29, 2026
The world's richest person — who has a nearly $1 trillion net worth — has previously advised against saving for decades to come.
"Don't worry about squirreling money away for retirement in 10 or 20 years," Musk said during a podcast episode released in January. "It won't matter."
"If any of the things that we've said are true, saving for retirement will be irrelevant," he added.
Musk said at the time that he expects progress in AI, energy, and robotics to supercharge productivity, resulting in plentiful resources so that "anyone can have whatever stuff they want."
In that world, he continued, everyone would have access to "better medical care than anyone has today," there would be "no scarcity of goods and services," and "you can learn anything you want about anything for free."
Business Insider spoke to seven personal finance and AI experts about those comments, and they all agreed people should keep saving for retirement given the risk that Musk may be wrong.
Musk laid out an even more utopian vision on a recent podcast, predicting that advances in robotics and space travel would lead to a multiplanetary economy, at which point "money becomes irrelevant" and "conventional currency will not matter."
Several other tech leaders have predicted AI and other technologies will transform the way we live.
Microsoft cofounder Bill Gates said on a recent podcast episode that AI will lead to "true abundance" with robots able to "build houses, grow food, do surgery."
But he also warned the next two decades will be "as tumultuous a period as there's been in human history," as technological advances will mean "none of the things that human labor provides to the economy will be necessary for most goods and services."
Similarly, Musk has predicted a "bumpy" transition to a brighter future. He's suggested government checks for all as the best solution to AI-fueled job destruction.
The decision, disclosed by the Associated Press on 28 October, follows complaints from Ukrainian officials that restrictions introduced earlier this month disrupted military drone operations, including attempts to intercept high-speed Russian attack drones.
Nine US senators, comprising five Democrats and four Republicans, had requested an independent investigation into the circumstances surrounding the interruption.
Instead, Pentagon Inspector General Platte Moring III informed lawmakers in a letter dated 27 October that the questions would be better addressed by the US Air Force and Space Force.
The response has intensified a dispute extending beyond Ukraine’s battlefield communications to the relationship between the American government, its defence contractors and the private companies supplying critical military technology.
The investigation was requested by senators Jeanne Shaheen and Thom Tillis, alongside seven colleagues from both parties.
Their 15 October letter sought to establish whether Pentagon officials or other US government representatives had authorised, approved or received advance notice of changes affecting Ukraine’s satellite communications.
The senators also raised concerns about reported disruptions to intelligence-sharing and early-warning arrangements, including allegations that American personnel in Ukraine experienced difficulties reaching shelters during Russian air raids.
They wanted investigators to determine whether these incidents were connected, whether contractual obligations had been breached and whether SpaceX had acted independently.
Shaheen, the senior Democrat on the Senate Foreign Relations Committee, criticised the inspector general’s decision.
She argued that contradictory explanations from the Trump administration and SpaceX made an independent examination necessary to establish responsibility and prevent further disruptions.
Mollie Halpern, spokeswoman for the inspector general’s office, defended the decision, saying the congressional request had been carefully considered and that the issues were more appropriately handled within the Pentagon.
She nevertheless left open the possibility of reconsideration if additional information emerged.
The controversy began around 14 October, when Ukrainian forces reported that equipment using Starlink and its military-oriented counterpart, Starshield, was losing connectivity when travelling at higher speeds.
The restrictions were particularly damaging to unmanned aircraft.
Ukraine reported communications failures at movement speeds of approximately 130–161 kilometres per hour, limiting the effectiveness of certain strike drones and jet-powered interceptors used against Russian attacks.
According to The Wall Street Journal, Musk personally authorised the slowdown, although accounts differed over whether President Donald Trump or senior administration officials knew about the decision beforehand.
Musk subsequently acknowledged that SpaceX had imposed restrictions on commercial Starlink services, alleging that Ukrainian forces had violated the company’s terms of service by using the network for offensive operations.
Ukrainian representatives disputed that explanation.
Musk also maintained that Starshield was a separate system controlled by the US government, suggesting that decisions affecting its operation ultimately rested with American authorities.
Trump denied ordering the restrictions.
The differing accounts have left unanswered whether the interruption resulted from a corporate decision, an American government directive or a combination of the two.
The Wall Street Journal reported that Trump contacted Musk on 21 October and requested the removal of the restrictions.
Although some improvement followed, Ukrainian officials initially reported that the systems had not returned to full functionality.
On 24 October, however, Ukraine’s Ministry of Defence confirmed that normal performance had been restored, with stable communications recorded on equipment moving at speeds exceeding 400 kilometres per hour.
President Volodymyr Zelensky subsequently confirmed the restoration and thanked American officials and partners involved in resolving the problem.
The restoration addressed the immediate operational disruption but did not establish who had originally authorised the restrictions.
The episode has renewed scrutiny of the Pentagon’s dependence on SpaceX, whose satellite networks have become important components of Ukrainian battlefield communications.
Starshield was developed to serve government and national security requirements, including military applications. Nevertheless, the dispute illustrates the difficulty of determining responsibility when essential defence capabilities depend on systems developed and operated by commercial contractors.
The issue has historical precedent.
In 2022, Musk ordered restrictions on Starlink availability in parts of Russian-occupied Ukraine, citing concerns that expanded military use might escalate the conflict.
The latest incident has prompted renewed discussion of whether contractual arrangements provide sufficient safeguards against unexpected interruptions.
Following the October restrictions, Finnish satellite company ICEYE announced discussions with Nokia and Ukraine’s Defence Ministry concerning cooperation on sovereign satellite communications.
Such alternatives could eventually reduce dependence on individual commercial providers, although developing and deploying replacement capabilities would require additional investment and time.
For American lawmakers, meanwhile, the immediate question remains unresolved.
The Pentagon has directed their concerns towards the military services responsible for aspects of satellite communications, rather than opening an independent inspector general investigation.
Whether those services can establish precisely who ordered the restrictions, what authority was exercised and whether contractual safeguards were observed will determine how much accountability emerges from the episode.
For Ukraine, the communications have been restored. The question of who could interrupt them, and under whose authority, remains unanswered.
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Subito dopo aver reso pubblicamente ufficiale che la Luna prende il posto di Marte come obiettivo primario, Musk annuncia la fusione di SpaceX con xAI, la società di Intelligenza Artificiale dal valore di 300 miliardi di dollari.
L’operazione, che secondo Bloomberg ha una valutazione societaria combinata di circa 1,25 trilioni di dollari, porta sotto un unico ombrello SpaceX, Starlink, Starshield, xAI (con il suo modello Grok45) e la piattaforma X. L’obiettivo dichiarato è quello di costruire i data center nello Spazio che, alimentati da energia solare, siano capaci di sostenere futuri sistemi di ai con una potenza di calcolo impossibile da ottenere sulla Terra.
La «Starship Enterprise», secondo la brillante definizione del settimanale The Economist, esplicita la convergenza dell’economia integrata nell’ecosistema imprenditoriale di Elon Musk, e ridefinisce le sue priorità attraverso l’integrazione di SpaceX con xAI. Sposta il centro di gravità da Marte alla Luna e alle orbite tra quest’ultima e la Terra, dove realizzare le infrastrutture orbitali per l’ai, mettendo per il momento in secondo piano i sogni multiplanetari, senza però farli scomparire del tutto. Ma per realizzare la «Starship Enterprise» servono miliardi di dollari, e quindi, si passa da Marte a Wall Street nel giro di un batter di ciglia.
Due sono le domande da porsi. Primo: la «Starship Enterprise» dipende, nomen omen, dal successo tecnologico della futuristica astronave, ma crescono i dubbi sul fatto che il razzo più potente del mondo riuscirà mai a superare le sue sfide ingegneristiche. Il dodicesimo volo di prova, avvenuto subito dopo la pubblicazione del prospetto informativo per l’offerta pubblica, è stato descritto da SpaceX come «una missione quasi perfetta» nel pieno rispetto della Retorica narrativa della società. In realtà, si sono verificati guasti ai motori sia nel primo che nel secondo stadio e, secondo il South China Morning Post, il primo stadio – super heavy booster – è entrato nel Golfo del Messico ad alta velocità, mentre la Starship è riuscita a malapena a raggiungere l’area di rientro designata nell’Oceano Indiano. Magari la fonte cinese potrebbe essere considerata faziosa (anche perché gli aspetti positivi della missione non sono certo stati pochi), ma ci ha pensato comunque la Federal Aviation Authority americana a stabilire ufficialmente che, nei fatti, la missione era da considerarsi globalmente non del tutto positiva per cui era necessaria una approfondita analisi investigativa delle cause. L’indagine si è positivamente risolta in un paio di mesi, e SpaceX ha potuto lanciare a luglio il tredicesimo volo di prova della Starship che, per la gioia degli investitori di Wall Street, è stato positivo superando i problemi verificatisi durante il test precedente e aprendo la strada alle missioni più ambiziose.
La seconda domanda da porsi è: di là dalle scommesse tecnologiche descritte sopra, che certo non sfuggono ai mercati finanziari, se la priorità dell’azienda fosse stata ancora solo la colonizzazione di Marte quanto si sarebbero fidati gli investitori a scommettere una tale montagna di denaro? Lasciando al lettore la risposta, ci si sarebbe tranquillamente potuti attendere che la priorità narrativa dell’azienda avrebbe assunto forme differenti. E invece, leggendo il prospetto informativo S-149 che SpaceX ha depositato il 20 maggio 2026 alla sec, la Securities and Exchange Commission statunitense, ci si rende conto che lo schema retorico è incredibilmente dirompente in quanto espressamente ancorato alla Retorica originaria dell’esplorazione multiplanetaria, quasi si trattasse di un racconto di Asimov e non di un documento societario per Wall Street. Nel prospetto si legge che l’azienda prevede di accelerare l’avvio urgente di nuovi mercati da migliaia di miliardi di dollari sulla Luna, su Marte e oltre, e di garantire il florido futuro dell’umanità per far sì che gli esseri umani non condividano la stessa sorte dei dinosauri. Si tratta di frasi difficilmente riscontrabili con qualsiasi altro documento della sec in previsione di una quotazione di borsa.
Il testo introduttivo del prospetto è stato redatto dallo stesso Musk, il quale scrive testuale: «Si tratta di credere nel futuro e di pensare che sarà migliore del passato. Non riesco a immaginare nulla di più esaltante che partire alla conquista dello Spazio e trovarci tra le stelle». E sul suo profilo X rincara la dose: «Voglio permettere a ciascuno di avere la propria Luna o il proprio Marte, perché è ciò che garantisce il futuro della coscienza».
Coscienza, avete letto bene. Ma poi, a leggere bene, si evince che il business planetario su cui si regge l’intera operazione è dato da tre settori: connettività, ai e data center, che poi sono tutti e tre interconnessi tra loro.
Per il grande pubblico, la Retorica si aggiorna guardando alla Luna e mantenendo sullo sfondo Marte e il suo slancio salvifico per l’umanità, mentre Wall Street guarda direttamente al Pentagono. Perché la narrativa lunare implica due incipit contingenti, non esplicitati: in primis Starlink, il sistema di connettività globale che fornirà telecomunicazioni commerciali dagli aerei fino agli smartphone; e, in secondo luogo, il Golden Dome, cioè lucrosi contratti del dipartimento della Guerra.
Non è un caso se nei giorni immediatamente successivi al deposito del prospetto di borsa, SpaceX ha ricevuto due contratti dalla us Space Force per un totale di 6,45 miliardi di dollari: i due appalti fanno parte del programma Golden Dome e prevedono il lancio di migliaia di satelliti in orbita terrestre bassa, sia per la rete di comunicazione centrale, e sia per lo Space-Based Advanced Moving Target Indicator (sbamti), progettato per rilevare e tracciare minacce aeree in movimento quali aerei da combattimento, droni e missili cruise.
Bisogna poi considerare che, di fatto, nel Golden Dome si integra anche il progetto ai e data center nello Spazio, presentato nel prospetto di SpaceX per la borsa. Anche in questo caso l’annessa Retorica è quella del beneficio per il pianeta dovuto allo spostamento oltre l’atmosfera di infrastrutture voraci di acqua per raffreddamento e di energia per il funzionamento, risorse queste – freddo ed energia – disponibili gratis nello Spazio. Ma il non detto sottinteso è che i data center costituiranno pure un futuro potenziale business commerciale, ma in realtà sono anch’essi delle infrastrutture strategiche per il funzionamento dell’intera architettura spaziale di protezione missilistica, e quindi oggetto di altrettanto lucrosi appalti militari.
In estrema sintesi, l’AI orbitale trasforma il sistema di difesa missilistica tradizionale che si basa su «rilevamento-comunicazione-risposta» con satelliti in orbita e centri di comando e controllo a terra, in un sistema del tutto nuovo basato su «rilevamento-reazione-risposta» autonomo e interamente spaziale. Questo è il Golden Dome. Spostare tutto il sistema di allerta, rilevamento e risposta nello Spazio riduce il tempo di reazione da minuti a secondi; ecco perché i data center spaziali sono l’unica architettura computazionale compatibile con questa velocità operativa.
In sintesi, Marte può attendere, Wall Street e (soprattutto) il Pentagono invece no. Elon Musk, grazie ai suoi indubbi successi tecnici, vende una visione del futuro così forte e convincente da spingere gli investitori a perdonargli cose che non verrebbero permesse a nessun altro – come per esempio un prospetto informativo per la quotazione di borsa che assomiglia a un libro di fantascienza.
Così come appaiono futuribili, e finanziariamente enormi, le previsioni di mercato che SpaceX ipotizza: 28.500 miliardi di dollari di cui 1.600 miliardi grazie a Starlink (che oggi genera ricavi per 4,4 miliardi), e 26.500 miliardi nell’ai con servizi dallo Spazio.
Qui la narrazione esageratamente ampia dei dati economici è funzionale a comunicare che l’azienda non punta a un mercato esistente ma a uno che ancora non c’è, e che prenderà forma concreta proprio grazie all’intrapresa industriale dell’iniziativa stessa. Logico quindi che i sogni di salvezza multiplanetaria restino sullo sfondo; essi sono rinviati perché la funzione escatologica del pianeta rosso non è un progetto commerciale, ma una missione di salvezza della specie. E se questa Retorica eleva il discorso al di fuori della portata della critica ordinaria, ciò non funziona proprio (né potrebbe funzionare) con il mercato finanziario.
Volendo trarre delle conclusioni, si potrebbe riassumere che la narrativa dello Spazio, e di Marte in particolare, di Elon Musk rappresenta uno dei più sofisticati esempi di Retorica contemporanea incentrata su un’idea visionaria extraterrestre, che viene sapientemente applicata alla raccolta di capitali, al lobbying politico e alla costruzione di un consenso pubblico globale, indipendentemente poi dal fatto che su Marte ci si arrivi in tempi ragionevoli. Infatti, il sogno marziano viene ex abrupto messo da parte nel momento in cui la Geopolitica terrestre detta vincoli e limiti.
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L'articolo Il sogno di Marte serve a Musk per conquistare Wall Street proviene da Linkiesta.it.



Russia plans to build own version of US billionaire’s satellite communications to help attack Ukraine
Vladimir Putin praised Elon Musk’s genius and said he was in touch with Starlink’s controlling shareholder as Russia develops its own satellite communications for its military to use against Ukraine.
The Russian president, speaking at a summit with African leaders in Moscow, was comparing the Earth-orbiting network built by Musk’s SpaceX with Russia’s gradual efforts to build its own Rassvet constellation.
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© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters
Russia plans to build own version of US billionaire’s satellite communications to help attack Ukraine
Vladimir Putin praised Elon Musk’s genius and said he was in touch with Starlink’s controlling shareholder as Russia develops its own satellite communications for its military to use against Ukraine.
The Russian president, speaking at a summit with African leaders in Moscow, was comparing the Earth-orbiting network built by Musk’s SpaceX with Russia’s gradual efforts to build its own Rassvet constellation.
Continue reading...
© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters
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Ukraine’s Military Intelligence (HUR) has published the names of 49 Russian and Belarusian companies and institutions building Rassvet, Russia’s low-orbit satellite internet system, on its War&Sanctions portal, the agency said on 28 October. It needs it for its military purposes.
Russian troops ran front-line communications and long-range strike drones on smuggled Starlink terminals until SpaceX blocked them on 1 February 2026. Ukraine still flies on Musk’s network, and on 24 October it got back to full speed after a ten-day cap imposed abroad. Rassvet is meant to give Russia’s army satellite links under its own control.
HUR has said Moscow may struggle to obtain components for more satellites, and its list names the suppliers that sanctions would need to target while the network is still being built.
Rassvet is first of all a military communications system. Russia plans to use it for command and control, strike platforms, and drones, and to install terminals in the command-and-staff vehicles of Iskander-M missile systems, HUR says.
The Central Research Institute of Automation and Hydraulics is involved in integrating Rassvet into army communications, including fitting command vehicles, Iskander ones among them, with terminals once 292 satellites are in orbit, according to the portal. The same institute produces guidance components for the Iskander-M and Kinzhal missiles.
Planned coverage takes in Ukraine and the EU first, and once it is wide enough, Russia could use the system in hybrid attacks on other countries. That is why partners should block Rassvet’s access to components, equipment, and software now, the agency said.
The lead company is Bureau 1440, part of the IKS Holding tech group. According to the portal, it is linking its flight control center to systems of the Russian Defense Ministry. Roscosmos launches the satellites into orbit, and its head, Dmitry Bakanov, personally oversees Rassvet.
Meanwhile, Belintersat, Belarus’s national satellite operator, signed a partnership with Bureau 1440 in May 2026 to bring Rassvet into Belarus’s telecom network. It is a branch of the Plant of Precision Electromechanics, Belarus’s lead missile developer and maker of the Polonez rocket launcher.
Another Belarusian firm, Aerospace Instruments, prototypes components for the system.
Of the 49, 23, Roscosmos among them, are not under sanctions by any country in the sanctions coalition. The companies involved “must be included in all blacklists” of countries, banks, and businesses, the agency wrote.
Russia launched its first 16 Rassvet satellites earlier this year. Stable communications would need 200–250 in orbit, Serhii “Flash” Beskrestnov, then adviser to Ukraine’s defense minister, said in May.
By August, Russia had launched 32 Rassvet satellites and planned seven more launches by the end of 2026, a HUR official told Janes. Only 12 of them, all from the first batch, had reached a sustainable altitude by the end of August, ISW reported.

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A test satellite for a future communications network under Ukrainian control is working in orbit, Ukraine’s Himera and Denmark’s GomSpace said on 27 October. The companies say it will work for Ukraine’s strategic security, and that the long-term aim is to rely less on foreign communications providers. Public launch records for the mission do not list a satellite by that name, though some of its objects are still unidentified.
Ukraine fights Russia on satellite links it doesn’t control, and the announcement comes two weeks after it saw what depending on an outside provider can cost. The satellite, the companies say, went up on 1 October, before that trouble began. Overnight on 14 October, Starlink and its military version, Starshield, began dropping links on fast-moving terminals, and Ukrainian officials said the cap disrupted drone missions. On 24 October, 10 days after the cap began, Ukraine’s Defense Ministry reported speeds restored. Who ordered the cap remains contested. That same day, Elon Musk wrote that Ukraine’s military had violated Starlink’s terms of service and that “that loophole was closed last week,” a claim a Ukrainian presidential adviser disputed.
Obria Nano flew on SpaceX’s Transporter-18 rideshare mission, the release said. Aalborg-based GomSpace built it on Himera’s order, Himera co-founder and CEO Misha Rudominski wrote on Facebook. He added that the team received the first signals the next day and that the satellite is now working. Its tests are meant to inform the design of the full Obria system, the release said.
No satellite called Obria Nano appears on SpaceX’s published list for the mission, The Insider found. Public tracking catalogs show one Ukrainian satellite from that launch, named UASAT-Nano. Another 26 objects from the mission are still listed with placeholder names and no confirmed owner. The outlet said it is unclear whether the two names refer to one satellite.
UASAT-Nano is the satellite network Stetman, another Ukrainian company, is building, and its founder said the network’s first test satellite would launch in October. In April, Stetman and GomSpace agreed to set up a joint venture called UASAT and planned a first launch for fall 2026. The Obria release does not mention Stetman or UASAT.
Rudominski wrote that Himera’s next stage is to produce satellites and ground terminals in Ukraine. He called it important not only to use the technology but also to gradually build domestic expertise and manufacturing.
“For us, this project is about more than launching a satellite. It is an opportunity to lay the foundation for an independent communications network for Ukraine,” Rudominski said in the release.
In the long run, the network would cover all of Ukraine and complement European satellite networks, the release said. The network does not exist yet, and Himera has given no timeline.
Replacing Starlink will not be quick. Lance Hunter, a political scientist at Augusta University, told Time that Ukraine cannot quickly swap out such technology, since diversifying it “takes a lot of time. It takes a lot of resources.” Meanwhile, one Ukrainian interceptor-drone maker has begun rethinking its air-launched designs after the slowdown.


Anthropic, developer of AI chatbot Claude, has filed its prospectus and is expected to go public on Wall Street in November at a valuation of up to US$2 trillion. That would make it the highest-valued initial public offering (IPO) ever, ahead of SpaceX’s $1.77 trillion listing in June. OpenAI, the maker of ChatGPT, is expected […]
The post Anthropic’s record $2tn IPO could bring global risks to a head appeared first on Asia Times.

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In business, as in war, the safest bet is often to avoid underestimating your competitors, even when the odds appear to be in your favor.
Verizon CEO Dan Schulman says he's a student of that philosophy when it comes to Elon Musk's ambitions to develop SpaceX's Starlink into a significant US network player.
"Clearly, the tech and the wireless landscape is rapidly evolving, and we need to rapidly evolve along with that," he said during the company's third-quarter earnings call Monday. "I also operate under the assumption that everything SpaceX says they will do, they will do, and that they will execute flawlessly."
Setting aside Musk's track record of delivering on his eyebrow-raising promises, Schulman said there are significant technical and financial hurdles that Starlink would have to clear to meaningfully compete with established networks like Verizon. But it is possible.
"If they build a terrestrial network, it will basically look and feel like every other network," he said. "I think we should take it quite seriously."
News earlier this month that Starlink had acquired a batch of mobile-friendly low-band spectrum sent the share prices of the major US mobile carriers falling by approximately 10%. Verizon is the only one of the three to partially recover from the drop.
"Their service just can't compete with a terrestrial network in suburban and urban areas, where like 98% of our revenues are," he said of the satellite-based system. "We're somewhere between 100 to 1000 times more efficient than they are."
Building a competitive US network, especially for mobile, would require building as many as 80,000 large cell towers on Earth linked with some combination of satellites and fiber optics, Schulman said.
Schulman estimates that project would cost up to a half trillion dollars over six to eight years, with a minimum of four to six years to actually build out the network.
"Then they need to build retail customer service, back office systems, et cetera., and all of that gets them basically the same network and same capabilities and same cost structure as what we have today," Schulman said.
After the call, Musk responded to the forecast with a post on X: "Will take 2 or 3 years."
The Verizon chief's remarks come less than a week after his AT&T counterpart, John Stankey, brushed off concerns that Starlink's mobile network could pose a threat to his business.
"I wouldn't over-rotate on what I would call one carrier of low band spectrum," he said.

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In the next few weeks, public investors will get their chance to buy a piece of Anthropic.
But regular investors will never have a chance to steer the AI giant's decisions: Even though Anthropic is going public, it will essentially remain a private company, controlled by a handful of people with outsized power.
That's not unusual for giant tech companies launched in the past few decades (Larry Page and Sergey Brin have effective control of Google; Mark Zuckerberg has the same at Meta, as does Elon Musk at SpaceX.) It's also something you see at some prominent media companies (Rupert Murdoch and his son Lachlan have effective control of his two public companies; Larry and David Ellison have the same at Skydance.)
Anthropic's twist on the idea is that control is split between two different groups of insiders. There's a clique of seven founders, including CEO Dario Amodei and his sister, Daniela, who control 50.1% of shareholder voting power. And there's also a trust with the power to appoint four of the company's seven directors.
Put those two together, and you get a corporate constitution designed to keep public investors outside the real decisions. The founders control the outcome of any shareholder vote; the trust controls the board.
In theory, those two groups could end up in conflict on major issues. The trust-appointed directors might, say, vote to replace Amodei with a new CEO. Or the founder group could veto a sale approved by the board.
In reality, there's a lot of overlap between the two groups. For starters, Anthropic created and funds the trust. And Anthropic itself says it has made sure the trust is staffed with people who see the world the same way its executives do: "In practice to date, the Trustees and company executives have collaborated closely on sourcing, interviewing, and selecting Trustees," the company notes in its S-1 filing.
The main takeaway is that there's no way for an individual shareholder, or even institutional shareholders who own significant chunks of Anthropic's equity, to force it to move one way or another.
The upside of arrangements like this are pretty clear, from a founder's perspective: They insulate their founders and managers from investors who might only care about short-term goals.
The downside: These structures insulate founders and managers from investors who might have very good reasons to want the company to change.
A good counter-example to the trend is Twitter, which went public in 2013 without founder control — which is why Elon Musk was able to buy it nearly a decade later.
In Anthropic's case, that aversion to giving public investors a real voice is synced directly to the company's founding thesis — that the AI it is developing is so consequential and potentially dangerous, that it must be controlled by people who care about more than Anthropic's share price.
And for many investors clamoring to get in on Anthropic's IPO, that lack of control — disclosed up front — won't matter. They just want their shares to be worth more over time. Musk's ironclad control of SpaceX didn't put dampen demand for the biggest IPO in history.
But if investors ever want to force Anthropic to do something the Amodeis and their cofounders — or the Anthropic-created trust — don't want it to do, they'll be out of luck. Buyer beware.
SpaceX ha raccolto 40 miliardi di dollari in prestiti destinati all’acquisto di nuovi chip per l’intelligenza artificiale. Lo ha annunciato Elon Musk attraverso un messaggio pubblicato sul suo social X, spiegando che le risorse serviranno principalmente a finanziare l’acquisto di GPU, le unità di elaborazione grafica fondamentali per lo sviluppo dei sistemi di intelligenza artificiale, la cui consegna è prevista tra il primo e il secondo trimestre del 2027. “Si tratta principalmente del rimborso del debito contratto per l’acquisto di GPU che arriveranno nel primo e nel secondo trimestre”, ha scritto Musk rispondendo a un investitore, senza precisare né la scadenza né il tasso di interesse del finanziamento.
La notizia arriva dopo che il gruppo, presentando i risultati finanziari martedì scorso, aveva annunciato investimenti compresi tra 35 e 40 miliardi di dollari nell’ultimo trimestre dell’anno, una cifra doppia rispetto a quella del trimestre precedente. I nuovi fondi, attesi all’inizio del 2027, confermano la volontà di mantenere elevato il ritmo degli investimenti nel settore dell’intelligenza artificiale.
Dopo la fusione con xAI all’inizio dell’anno, SpaceX, con sede a Starbase, in Texas, ha rafforzato la propria presenza nel comparto dell’intelligenza artificiale. Nel terzo trimestre, secondo quanto riportato, il gruppo ha registrato il primo utile netto della sua storia, grazie soprattutto ai ricavi derivanti dall’affitto della capacità dei propri data center a clienti esterni, tra cui Anthropic.
Prosegue intanto l’ampliamento del data center Colossus II, al confine tra Mississippi e Tennessee, mentre Musk punta a trasformare SpaceX in un conglomerato tecnologico, valutando anche l’acquisizione di Tesla, l’altra grande azienda da lui guidata.
L'articolo SpaceX, Elon Musk scommette forte sull’IA: annunciato un finanziamento da 40 miliardi per l’acquisto di chip proviene da Affaritaliani.it.


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Ukraine said its access to Starshield was restored this weekend, but Elon Musk isn't finished with Kyiv yet.
In an X post on Sunday, Musk accused Ukrainian forces of breaching Starlink's terms of service by using the civilian platform in drone attacks.
"Ukraine military violated Starlink terms of service and used it for offensive drone strikes to kill people. That loophole was closed last week," wrote the SpaceX owner.
"Using Starlink, a civilian commercial service, for offensive drone strikes to kill people has never been allowed, nor should it be," he added.
Musk made it clear he was talking about the commercial platform and not Starshield, the military version of the satellite communications service owned and controlled by the US government.
"Were Starlink to be turned off, the Ukrainian front line would collapse immediately. This is NOT a threat, it is simply a statement of fact," Musk added.
Two prominent Ukrainian drone figures, however, disputed Musk's statement, saying that it was technically impossible for any of Kyiv's troops to have independently used Starlink in drone strikes.
"As someone who was inside the process at the Ministry of Defense, I can say for sure that this is not true," wrote Serhii Sternenko, a former advisor for drones to Ukraine's defense ministry, on his Telegram channel.
"It is very strange that Elon Musk does not know about the restrictions on Starlink operation in Ukraine," wrote Serhii "Flash" Beskrestnov, another former advisor.

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Both worked in the ministry in early 2026, when it negotiated with SpaceX to prevent Russia from using black-market Starlink terminals in the war. SpaceX agreed in February to block Starlink over Ukraine and Russia, allowing access only to whitelisted Ukrainian terminals.
Sternenko said that Ukrainian civilians and troops could register their terminals on the whitelist, but that these would only work while subject to a speed requirement.
For one to connect while moving, it would have to be put on a special list that uses Starshield instead, he said.
"That is, it was technically impossible to use civilian Starlink to perform missions on drones. All drone missions that required satellite communication could only be carried out using Starshield," Sternenko added.
Beskrestnov said the Ukrainian Starlink terminals were subject to a speed limit of 90 kmph, or about 55 mph. The civilian service is also completely cut off over Russia, he added.
"Thus, we physically cannot use commercial Starlink for deep strikes and middle strikes," Beskrestnov wrote.
Tactical drones operating on the Ukrainian battlefield at speeds below 55 mph, such as first-person-view attack drones, typically use radio-frequency signals rather than satellite communication to maintain contact with an operator. These are also often too small and lack enough onboard power to reliably carry even a Starlink Mini terminal.
What Ukraine usually uses satellite internet for — hence its reliance on Starshield — is mid-range and deep strikes on Russia's rear or Russian territory, with larger, more powerful drones that fly much faster.

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Kyiv also relies on satellite communications for its small interceptor drones, which fly at up to 265 mph to catch incoming attack drones.
Musk followed up on his Sunday X post with a screenshot of Ukrainian President Volodymyr Zelenskyy writing on social media in mid-October that Kyiv's forces "also use Starlink for mid-range strikes" against Russian targets.
However, Zelenskyy's post was describing Ukraine's recent troubles with Starshield, and he repeatedly used the term "Starlink" to refer broadly to the military satellite service instead.
Musk and SpaceX did not respond to requests for comment sent outside regular business hours by Business Insider.
Earlier this month, Ukraine raised the alarm that its access to Starshield was being throttled at high speeds, reducing its ability to conduct deeper strikes and to control interceptor drones.
The crisis lasted 10 days and came as President Donald Trump and Musk openly criticized Ukraine for targeting Russian oil facilities at a time when the White House was trying to ease fuel prices.
The Wall Street Journal reported, citing unnamed US officials and sources, that Musk had personally ordered the speed cap. Musk and Trump have separately said they were not responsible for the slowdown.
On Saturday, Zelenskyy said Starshield services were running normally again.
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SpaceX founder Elon Musk says that if Ukraine fires through Starlink, Russia would be entitled to shoot the network down. That is why Starlink must remain a civilian operation and cannot be used for outright offensive strikes that would put its very existence at risk.
The warning lands in the middle of a fight over Musk’s own hand on that network. Weeks ago, his company unexpectedly throttled the service Ukraine’s drones depend on amid US President Donald Trump diesel deal with Russia, which led to the disruption of a few operations on the front.
The US Treasury authorized the sale, delivery, offloading, and import of Russian-origin diesel fuel, effectively suspending sanctions on that trade until 7 April 2027, the Office of Foreign Assets Control (OFAC) said on its website on 9 October.
The diesel deal combining intelligence halt and military Starlink, with pressure on Ukraine to make a quick peace deal, has angered both Democrats and Republicans ahead of the US elections on 3 November, where Democrats could win.
Meanwhile, a Ukrainian official interprets Musk's talk of strikes as an attempt to build an alibi before a possible investigation into that decision.
Musk was responding to a post warning that if Starlink shifted from a civilian network into a military system, Russia could treat it as a target for retaliation, and that destroying satellites in orbit could scatter enough debris to make space unusable for years or centuries.
“An adversary blowing up Starlink satellites would create a domino effect of destruction that would generate a vast field of debris, making space unusable," he writes.
Overnight into 14 October, SpaceX quietly capped the speed of Starshield, the military version Ukraine’s drones run on, without telling Kyiv. Ukrainian units said the limit broke a series of missions, with connections dropping mid-flight and leaving drones hard to control.
At the same time, President Volodymyr Zelenskyy said Ukraine relies on the network for air defense, not attack, to intercept the Russian drones Moscow sends to its cities, and that once the speed was cut, his forces could no longer stop some of them as effectively as before.
Simultaneously, Ukraine's other American lifeline also went dark: for about three days, the US stopped passing the intelligence that warns of Russian ballistic launches. On 12 October, Russian ballistic missiles hit Kyiv before the air-raid alert reached people, with no advance data from partners. In a strike during that window, three people were killed in the capital, the sirens sounding only after the blasts.
Meanwhile, Andrii Kovalenko, the ex-head of Ukraine’s Center for Countering Disinformation, read Musk’s statement as self-protection rather than physics
“Musk, having taken responsibility for the restrictions on Starlink and Starshield for Ukraine, is now trying to build himself an alibi before a possible investigation into that decision,” he wrote.
He said that regardless of who was behind the idea of restricting Starlink and Starshield access for Ukraine, it represents a strategic setback for the US in the long run, as it risks portraying the country as an unreliable partner that may fail to honor its commitments.
"Europe purchases around 60% of its imported weapons from the US. Trust in the US as a security guarantor directly supports sales for American defense companies. Moves like this only undermine that trust and encourage European countries to develop their own systems," he said.
The US has sent a message that its guarantees may not be reliable and that even paid-for services can be subject to political decisions, Kovalenko stressed.