Overview
- The Wall Street Journal reported that SpaceX showed a slim, handset-like AI prototype to select investors ahead of the company's June IPO.
- Elon Musk posted on X that the report was 'utterly false,' creating a direct contradiction between the WSJ account and the company’s public statement.
- Reporters describe the alleged device as slimmer than an iPhone, running a proprietary operating system, using xAI models and planned Qualcomm Snapdragon chips, but sources said the project is early-stage and may never ship.
- Stocks reacted to the discrepancy, with SpaceX shares falling about 7% and Qualcomm briefly moving on the suggestion it would supply chips.
- The story matters because SpaceX absorbed xAI earlier this year and is pursuing Starlink-linked mobile services, which would give any device broad connectivity but would also place SpaceX in a risky, crowded AI-hardware market where many prototypes never reach consumers.