Musk Calls Reporting on SpaceX Prototype AI Device ‘Utterly False’

Source Domain: www.forbes.com

Sure, here’s an unordered list with key points from the article:

Report Disproved: Elon Musk has categorically denied a report claiming that SpaceX presented a prototype handheld device designed for AI interaction to investors, labeling it as “utterly false.”
Prototype Device: If the device existed, it was described in reports as similar to an iPhone but slimmer, developed with a proprietary operating system and AI technology from xAI, acquired by SpaceX in February. It also purportedly utilized chips from Qualcomm.
Status Unclear: The hypothetical device remains in its prototype phase, with no confirmed name or public release date.
Continuous Speculation: Although Musk denies the development of a phone, there is ongoing speculation about SpaceX venturing into retail, particularly mobile phone service, potentially using existing partnerships like Starlink with T-Mobile or a new deal with Charter Communications.
Market Impact: Following the controversy, SpaceX’s stock price dropped, causing Musk’s net worth to decline significantly, erasing his title as a trillionaire.