Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.

MacRumors

macrumors bot
Original poster


Elon Musk's SpaceX may be aiming to compete with Apple in the future. The company showed investors a prototype for a "handset-like device designed to reshape how humans interact with artificial intelligence," according to The Wall Street Journal.

spacex.jpg

The device is described as being slimmer than an iPhone, with a "sleek design." It runs a proprietary operating system, has a Qualcomm chipset, and integrates AI tech from SpaceX subsidiary xAI. In the past, Musk has talked about an "everything app" like China's WeChat, and the device investors were shown apparently drew on that concept.

SpaceX was showing the prototype to investors and stakeholders ahead of its IPO, and said the project was in the early stages of development. The final design could change, and it is not known if it will actually come to market.

Musk has talked about designing a smartphone in the past. He said he would develop one if X (formerly Twitter) was removed from the App Store by Apple. In November 2025, he said he didn't want to make a phone, but he would if Apple and Google did "really bad things" like censorship. In a town hall meeting, Musk said the idea of making a phone "makes me want to die," but one of his companies would make a phone if needed.

Earlier this year, Musk said explicitly that SpaceX is not developing a phone, but The Wall Street Journal says some SpaceX and Tesla investors were told Musk "has long envisioned" a device that would be a platform for Tesla, SpaceX, and xAI technologies. Musk has denied the report, calling it "utterly false."

Note: Due to the political or social nature of the discussion regarding this topic, the discussion thread is located in our Political News forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Article Link: Elon Musk's SpaceX Showed Off Prototype AI Device
 
Why is MR publishing a story about vaporware / vaportech directly connected to an IPO that has already <counts on fingers and toes> wiped out $400 billion+ since trading went live?

"Elon Musk's SpaceX may be aiming to compete with Apple in the future" is, to use the old saw, making far too much stew from one oyster.
 
I was trying to help you figure it out without spoon feeding it to you. One of the fathers of electricity was Benjamin Franklin, who is documented as having owned slaves.

Good grief with you people. All he did was run an experiment that concluded that lightning was electricity. He's not the "father" of it. It's so absurd how many people buy into those silly folk tales and pretend that most of what early Americans "invented" wasn't lifted from other places. Next you'll claim Edison actually invented the things he had patented, rather than simply stealing them from people under duress.

Interesting that you choose to die on that hill and be defensive on someone else's behalf though. Doesn't change the fact of what a puke Elon is.
 
I can buy any of those things from someone else. Weird post.
Starlink is currently at 35%, approaching 50% of all airlines. Limiting your airline choice because of Elon? Or just avoid using internet entirely on flights?
All 4 major cruise providers announced starlink adoption. No internet on a cruise for you?
You're going to drive an EV and avoid 25% of all fast chargers in EU (or 50% of all fast chargers in USA) to stick it to Elon?
What happens when your energy provider installs Tesla batteries/solar?
 
IPO $135
Stock is at $157
SP ≠ market cap. Quoting the $135 IPO price tells you nothing about retail...nobody outside the allocation got shares at $135. Retail bought the run-up between $160 and $225. At $157, those are real losses for real people, not a rounding error on a chart.

And the structure guarantees more pain: only ~4–5% of shares float, which is exactly what let this obscenity spike to $225 in the first place. Lockups release ~20% of insider shares after August earnings and up to 44% by early September. Everyone who bought the hype is now sitting in front of a known supply wave. Insiders cash out, retail holds the bag. Typical story, amiright? But given who runs this company, the hype train was the product.

As for the article, and my original complaint (the oyster): SpaceX has never shipped a consumer hardware product in its life. A prototype "handset-like device" competing with Apple -> a company whose entire discipline is shipping consumer hardware at scale, a billion units at a time <- is, again, far too much stew from one oyster. Happy to stand on that call.
 
SP ≠ market cap.
market cap = stock price x shares outstanding

Quoting the $135 IPO price tells you nothing about retail...nobody outside the allocation got shares at $135. Retail bought the run-up between $160 and $225

And retail sold, realized gains. some winners, some losers.

saying it went down without showing it went up is completely disingenuous
 
Last edited:
  • Like
Reactions: crisneat and triom
Register on MacRumors! This sidebar will go away, and you'll see fewer ads.