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WSJ Tech News Briefing

TNB Tech Minute: Sam Altman Has Explored Deal to Build SpaceX Competitor

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 4 December 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

Plus: The European Union plans to launch a formal bidding process for AI gigafactories early next year. And Democratic lawmakers press tech companies about White House ballroom donations. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:03.5

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Based on average new

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for sale and rental listings July 24 through June 2025. Number one trusted based on August

0:26.6

2025 proprietary survey among real estate professionals. Here's your morning TNB Tech Minute for

0:34.1

Thursday, December 4th. I'm Julie Chang for the Wall Street Journal.

0:38.4

We are exclusively reporting. OpenAI CEO Sam Altman has explored acquiring or partnering

0:44.1

with a rocket company, a move that would position him to compete against Elon Musk's SpaceX.

0:49.9

He reached out to Rocket Maker Stoke Space in the summer and the discussions picked up in the fall, according to people familiar with the talks. Among the proposals was for OpenAI to make a series

0:59.8

of equity investments and end up with a controlling stake. Such an investment would total billions of

1:04.9

dollars over time, but people close to OpenAI said the talks are no longer active. The chat GPT maker is facing market headwinds

1:12.8

after striking hundreds of billions of dollars in computing deals. Altman has been interested in

1:17.7

the possibility of building data centers in space for some time. Stoke was founded by former

1:22.6

employees at Jeff Bezos's Blue Origin and is working on building a fully reusable rocket.

1:28.2

News Corp, owner of the Wall Street Journal and Dow Jones Newswire, has a content licensing

1:32.5

partnership with Open AI. The European Union plans to launch a formal bidding process for AI

1:38.6

gigafactories early next year. The Block wants to develop large-scale AI facilities equipped with the latest chips and is hoping

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