Musk Denies Report That SpaceX Showed AI Phone Prototype Ahead of IPO

Elon Musk has denied a Wall Street Journal (WSJ) report claiming that SpaceX showcased an artificial intelligence (AI)-powered smartphone prototype ahead of its initial public offering (IPO). According to Reuters, Musk did not confirm the allegation and stated that the report does not reflect the truth. The WSJ report had suggested that SpaceX presented an AI-enabled smartphone concept to potential investors. However, Musk did not acknowledge the existence of such a prototype or any pre-IPO presentation. The company's current focus is known to be on space transportation and the Starlink satellite internet service. Musk's statement has also fueled speculation about SpaceX's financial plans. The company had not previously provided a definitive timeline for an IPO, and such news could create uncertainty among investors. SpaceX's valuation has exceeded $150 billion in recent private funding rounds. Following Musk's denial, investors have not received a clear signal regarding SpaceX's plans to enter the stock market. The company's work on AI technologies remains largely limited to spacecraft and satellite systems. This is not investment advice.