The Wall Street Journal reported on July 1, 2026, that SpaceX showed a prototype of a slim, AI-driven device to select investors. The device was described as thinner than an iPhone, powered by a Qualcomm Snapdragon chipset, and deeply integrated with xAI technology.
Elon Musk immediately denied it, taking to X to call the report “utterly false.”
What we know about the device
According to the WSJ report, the prototype was presented to institutional investors and stakeholders as part of SpaceX’s capital-raising efforts ahead of its anticipated IPO. The company has been preparing to go public, with its offering projected for June 2026.
Musk denied SpaceX was developing a phone as recently as February 2026. That’s barely four months before the company allegedly showed one to investors.
