Julie Chang
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SpaceX is also weighing a merger with XAI, another Musk company, according to Bloomberg.
Tesla said in an earnings release Wednesday that it'll invest $2 billion in XAI.
And Charter Communications reported gains in mobile and video subscribers, which helped offset decline on its internet business amid increased competition.
In the fourth quarter, Charter's total internet customers declined by 119,000, but total mobile lines rose by 428,000, and total video customers rose by 44,000.
Revenue decreased by more than 2% to $13.6 billion, while net income was $1.55 billion, down from $1.68 billion year-over-year.
Shares jumped about 8%, but the stock is down 37% over the past 52 weeks.
And that's it for your TMB Tech Minutes.
Check back Monday morning for more.
Here's your morning TNB Tech Minute for Friday, January 30th.
I'm Julie Chang for The Wall Street Journal.
Prices for Bitcoin and other major cryptocurrencies are facing fresh pressure.
Their prices dropped early today, extending a recent losing streak amid broader market volatility.
Bitcoin recently traded at about $83,100, down around 1%.
According to Dow Jones market data, the digital token was on pace for its lowest end-of-day level since April, based on 4pm ET prices.
Ethereum is trading at around $2,700, down nearly 3%.
Apple exited its latest quarter with very lean inventory due to high demand for its latest iPhone lineup.
That's according to CEO Tim Cook.
He said during a call with analysts that the company is now chasing supply to meet that demand, and it's tough to predict when it will catch up.
He said Apple is having trouble getting enough production capacity for the most advanced processing chips that power its latest products.
And LG Electronics fell into the red after three profitable quarters, ending 2025 on a weak note amid sluggish demand recovery and rising business costs.