Elon Musk's space exploration and AI company SpaceX may be looking to compete with Apple and the iPhone, even though Musk has denied the reports.SpaceX has been showing off a prototype of a "handset-like device" to investors recently, according to a new report from the Wall Street Journal. The device is reportedly focused on bringing AI capabilities to users, running on the company's own operating system and integrating xAI's technology to power its AI features. It's been described as having a "sleek design" and being "slimmer than an iPhone." The device is powered by Qualcomm's Snapdragon chipset.

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However, Musk weighed in on the Wall Street Journal report, calling it "utterly false" on his social media platform, X, without elaborating any further.Musk has previously denied reports from earlier this year that SpaceX was working on a phone that would connect directly to Starlink satellites.

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