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Full coverage· Tech· Updated

Elon Musk Denies SpaceX Is Buying Israeli AI Startup Decart

Elon Musk has denied reports that SpaceX is negotiating to buy Israeli AI startup Decart for 6 to 7 billion dollars. The denial followed a social media post citing an Israeli news report, which was later deleted.

3 newsrooms · 1 language · since

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Elon Musk Denies SpaceX Is Buying Israeli AI Startup Decart
Illustration by baba

What happened

  1. 01Elon Musk denies SpaceX is acquiring Israeli AI startup Decart for $6-7 billion.
  2. 02A social media post claiming the deal was imminent was deleted after Musk called it fake news.
  3. 03Decart is reportedly negotiating a sale with a major tech firm, identity undisclosed.
  4. 04Amazon, Nebius, and Nvidia were also mentioned as potential buyers in earlier reports.
  5. 05Decart was founded in 2023 by former Unit 8200 members and employs about 100 people.
  6. 06The startup recently raised $300 million at a $4 billion valuation, totaling $450 million raised to date.

Decart is reportedly in talks with a major tech company for a multi-billion dollar sale, but the buyer remains undisclosed.

Translated and summarized by baba from Globes, the latest report. Read Globes’s original

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