Musk Blasts WSJ Report: No SpaceX AI Handset Prototype Shown Before IPO
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Elon Musk has vehemently denied a Wall Street Journal report claiming SpaceX showed investors an AI-powered handset prototype ahead of its blockbuster June 2026 IPO, branding the article 'utterly false'. The Journal, citing anonymous sources, reported the device was slimmer than an iPhone, ran on a proprietary operating system, integrated xAI technology, and utilized Qualcomm Snapdragon chips, sparking immediate market speculation. This denial adds another layer of intrigue to SpaceX ambitions, particularly after its absorption of xAI in February 2026. The alleged prototype aligns with Musk's long-standing 'everything app' vision, aiming to reduce reliance on existing mobile ecosystems like Apple and Google, and creating a unified platform for his ventures including Starlink and X. While SpaceX shares saw a dip following Musk's dismissal, Qualcomm stock initially rose on the news, reflecting the chipmaker's central role in advanced AI hardware. Despite Musk's categorical rejection, the report highlights the growing industry buzz around dedicated AI-focused devices, a segment that has seen mixed commercial success thus far. Investors will now be watching closely for any further hints from SpaceX regarding its hardware strategy, especially as the company navigates its recent inclusion in the Nasdaq-100 and continues to expand its AI capabilities through xAI.