Over the past 25 years, Elon Musk has helped transform space travel, turning space exploration into successful commercial ventures. Now, SpaceX is shifting its focus toward an even larger opportunity: developing artificial intelligence for enterprise use. According to an S-1 filing reviewed by Reuters, SpaceX estimates its total addressable market could reach $28.5 trillion, a key figure that reflects the maximum possible revenue if it captured the entire market. The company expects over 90% of this opportunity—around $26.5 trillion—to come from the AI sector, with $22.7 trillion specifically linked to enterprise AI.
The filing also indicates that SpaceX is preparing for a potential IPO this summer, aiming for a valuation of about $1.75 trillion and planning to raise roughly $75 billion, which could make it the largest IPO ever. SpaceX described this opportunity as potentially the largest total addressable market in history. However, this contrasts sharply with its current revenue sources.
Although TAM is not a financial forecast or valuation, it is widely used by investors to assess long-term growth potential. Companies often present large TAM figures; for example, Uber estimated a $5.7 trillion opportunity at its 2019 IPO. The filing highlights Musk’s broader ambition to play a central role in artificial intelligence. The enterprise AI space is currently led by competitors such as OpenAI and Anthropic, both also preparing for public offerings.
SpaceX’s acquisition of xAI, founded by Musk in 2023, is still in its early stages and is currently operating at a significant loss. In 2025, xAI reported an operating loss of $6.4 billion, compared to $1.6 billion the previous year. These losses exceeded the $4.4 billion operating profit from Starlink, SpaceX’s satellite internet division, which generated $11.4 billion out of the company’s $18.7 billion total revenue. Overall, SpaceX reported a net loss of $4.9 billion.
Investment in AI has also driven heavy spending, with total capital expenditure reaching $20.7 billion in 2025, of which $12.7 billion was directed toward AI-related development—more than space and connectivity combined. SpaceX also outlined plans to invest in GPU manufacturing, expand its sales teams, and deploy engineers directly to client organizations to support AI adoption. Despite these ambitions, some observers remain skeptical, arguing that market valuations may be driven more by expectations than by currently visible business performance.
Disclaimer: This image is taken from Reuters.
Pakistan Railways is facing a deepening crisis driven by severe financial stress, staff shortages, and operational inefficiencies, which is forcing the system to continue passenger and freight services under highly insufficient conditions. The situation is increasingly affecting service reliability and raising serious concerns about the safety of passengers and railway personnel, according to Dawn.
As reported by Dawn, limited financial resources have led to serious compromises in maintenance and day-to-day operations. Officials acknowledge that a lack of funding has damaged key infrastructure and assets, including locomotives, coaches, wagons, and railway tracks, thereby increasing the risk of accidents.
Internal discussions have repeatedly highlighted the severity of the crisis, with many officers expressing concern over their inability to perform duties effectively. A senior official from the Lahore Division stated that the region is operating with about half of its approved workforce. He also pointed out that even small financial approvals, such as PKR 500,000, are delayed due to lengthy bureaucratic procedures involving headquarters, which slows down urgent decision-making. Despite these difficulties, railway employees continue to work under significant pressure to keep services running.
The crisis, rooted in long-standing structural and financial issues, has worsened over the past six to seven years and reached a critical stage by 2026. Even the outgoing CEO reportedly struggled to sustain operations and ensure timely salary payments, reflecting the depth of institutional strain.
Due to resource shortages, makeshift repair practices have become common, including dismantling parts from some coaches to fix others, as noted by Dawn. All eight railway divisions—Lahore, Karachi, Multan, Sukkur, Quetta, Rawalpindi, Peshawar, and the Workshop division—are experiencing similar difficulties. Officials warn that under current conditions, achieving operational and revenue goals is becoming increasingly difficult. During a recent meeting, Divisional Superintendent Inam Ullah Khan reportedly emphasized the need to improve train operations.
Disclaimer: This image is taken from Reuters.
Prime Minister Narendra Modi, addressing a rally in Krishnanagar ahead of the second phase of the West Bengal Assembly elections, mounted a strong attack on the Trinamool Congress (TMC). He said that his “jhalmuri” remark had delivered a major blow to the ruling party and accused the TMC of protecting infiltrators and encouraging what he described as “jungle raj” in the state.
He assured the Matua and Namashudra communities, along with refugee families, that they would be safeguarded and would not have to live in fear under a BJP government. Modi further promised that the implementation of the Citizenship Amendment Act (CAA) would be fast-tracked once the BJP comes to power in West Bengal. He said that all eligible beneficiaries would be granted citizenship rights and equal access to government benefits, describing it as a firm commitment from his side.
Recalling his recent campaign visit to Jhargram, where he was seen eating jhalmuri, he made a light-hearted remark that the snack had metaphorically “shocked” the TMC. He urged voters to support the BJP-NDA alliance and predicted a strong victory in the state. Modi also referred to the first phase of polling, saying that high voter turnout indicated growing dissatisfaction with the current government. He claimed that in several regions, including Puducherry and Assam, strong voter participation has historically favored the BJP, expressing confidence that similar trends would continue in West Bengal.
He praised the Election Commission for ensuring relatively peaceful elections compared to earlier years, stating that the voting process reflected a strengthening of democracy. Modi added that fear was being replaced by trust among voters, and cited slogans supporting political change in the state. Polling for the second phase in West Bengal is scheduled for April 29, with counting of votes set for May 4.
Disclaimer: This image is taken from ANI.
Shiv Ratan Agarwal, Chairman and Managing Director of Bikaji Foods International Ltd, passed away on Thursday morning in Chennai, according to information shared by family sources. As per the details provided, the 74-year-old experienced sudden uneasiness and was immediately taken to a private hospital in the city. Despite medical attention, he could not survive and was declared dead at the hospital. Family members also mentioned that he had been staying in Chennai for some time, as his wife had recently undergone a heart bypass surgery and doctors had advised her complete rest. Because of her condition, the couple had shifted temporarily to the city for medical care and support.
Agarwal originally belonged to Sardulganj in Bikaner and went on to establish the Bikaji brand in 1993. Over the years, what began as a modest business initiative gradually developed into one of India’s well-known packaged food companies. The brand gained strong recognition both in domestic and international markets, particularly for its popular snack item, Bikaneri bhujia, which became widely associated with Indian snack culture.
Following the news of his demise, former Chief Minister of Rajasthan Ashok Gehlot expressed deep sorrow. He described the loss as significant for the industrial sector and noted that Agarwal had played an important role in taking Bikaneri bhujia to global recognition through the Bikaji brand. He also extended condolences to the bereaved family and prayed for peace to the departed soul while wishing strength to his relatives in this difficult time.
Disclaimer: This image is taken from bikaji.
Pakistan all-rounder Mohammad Nawaz is under investigation after reportedly testing positive for a recreational drug, with the Pakistan Cricket Board (PCB) confirming formal proceedings following notification from the ICC. The issue has also affected his planned participation in England’s T20 Blast with Surrey, which has now been cancelled despite earlier approval from the PCB. Reports suggest the test may be linked to the recent T20 World Cup in Sri Lanka, where he played for Pakistan. Nawaz continues to play domestic cricket in the Pakistan Super League while the ICC has yet to make an official statement.
Disclaimer: This image is taken from Business Standard.
In “Destination Anywhere,” Melanie Oliveiro interviews travel content creator Chelsea Yap, who shares insights from her solo trip to Chiang Mai in Northern Thailand. Yap reflects on her six-day yoga and meditation experience at the Suan Sati Retreat and discusses the effectiveness of its sustainability initiatives. She also highlights her other travel experiences, which she documents through snapshots on Instagram and TikTok under the handle @offbeatsingaporean.
Disclaimer: This podcast is taken from CNA.
In “Made in SG,” Melanie Oliveiro interviews the co-founders of W:RLD, a new menswear label from Singapore created for modern men in hot, fast-moving urban environments. Lucas Yong and Roger Poon share the inspiration behind starting the brand and how they teamed up with other co-founders to bring W:RLD to life. They also discuss the pieces in their debut collection, including blazers, trousers, shirts, and T-shirts, which are crafted using advanced fabric technologies designed to regulate heat, moisture, and odour.
Disclaimer: This podcast is taken from CNA.
Donald Trump continues to provoke strong reactions from his critics, yet they rarely seem to affect him politically. The bigger question now is whether his own MAGA supporters are beginning to turn away. Amid controversies involving the Epstein files, his actions regarding Iran, and a recent post viewed by some as blasphemous—showing him portrayed as Jesus—there are growing signs of tension within his base. Jonathan Freedland discusses with Rolling Stone’s Nikki McCann Ramírez the series of scandals surrounding Trump, increasing criticism from prominent MAGA figures, and what it could mean when a personality-driven movement starts losing faith in its central figure.
Disclaimer: This podcast is taken from The Guardian
In “Made in SG,” Melanie Oliveiro interviews author K. C. Vijayan about his biography The Benjamin Sheares Story: From Pioneering Gynaecologist to Singapore President. The book offers a vivid and humanising account of Benjamin Sheares, Singapore’s second President and a prominent figure in the Eurasian community, tracing his journey from working in busy maternity wards during the baby boom era to serving as President of Singapore from 1971 to 1981 at the Istana.
Disclaimer: This Podcast is taken from CNA.
