Why Are They Lying About SpaceX?

SpaceX and Cognition AI publicly denied reports of acquisition talks, while bullish investors argued SpaceX could triple in value by decade’s end on the strength of Starlink, launch services, AI compute and future software businesses. Acquisition report denied Reports that SpaceX approached Cognition AI about a takeover were rejected by both companies. Cognition chief executive Scott Wu said the claim was untrue, and Elon Musk said there had been no talks about an acquisition. The only acknowledged contact involved making Grok work for Cognition’s needs. Why the claim drew attention The rumor gained traction because Cognition is one of the most closely watched names in AI coding tools. The company has been linked to a possible valuation of about $40 billion, and its Devin product is viewed as a leading autonomous coding agent.

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• Why Are They Lying About SpaceX?Solving The Money Problem