The Wall Street Journal reports that SpaceX demonstrated a prototype handheld artificial intelligence device to investors before its record-setting IPO. The publication cited sources claiming the slim, consumer-focused gadget was built around xAI technology and used Qualcomm chips.
Chief Executive Elon Musk swiftly denied the report on social media, calling it 'utterly false.'
The alleged device would represent a major expansion beyond SpaceX's core aerospace business, following its acquisition of xAI earlier this year. Musk has long spoken of building an 'everything app' to challenge Apple and Google's mobile dominance.
Attempts to create standalone AI hardware have faced significant market challenges. Products like the Humane AI Pin and the Rabbit R1 failed to gain traction, with Humane eventually selling its assets.
SpaceX completed its initial public offering in June, raising approximately $75 billion at a valuation near $1.77 trillion.