NAACP

Money Moves

Plaintiff in Clean Air Act lawsuit against SpaceXAI over 33 unpermitted gas turbines in Southaven, Mississippi

In February 2026, SpaceX bought xAI for $250 billion, the largest acquisition in corporate history. By mid-May, all 11 original xAI co-founders had left, and more than 50 SpaceXAI researchers and engineers had departed for Meta and Thinking Machines Lab. SpaceX's prospectus, published around May 15, confirmed the cost: a $4.94 billion net loss on $18.67 billion in 2025 revenue, driven by $14 billion in AI infrastructure spending.

Updated 30 minutes ago

Rule Changes

Condemned Callais ruling; held emergency national town hall April 30; calling for voter mobilization in 2026 midterms

The Supreme Court ruled 6-3 on April 29, 2026, in Louisiana v. Callais that Section 2 of the Voting Rights Act of 1965—the main federal tool minority voters have used for four decades to challenge racially discriminatory maps—now requires plaintiffs to prove intentional discrimination before courts can order a remedy. Justice Samuel Alito wrote the majority opinion; Justice Elena Kagan dissented for the three liberal justices, writing that the ruling makes Section 2 'all but a dead letter' and marks 'the latest chapter in the majority's now-completed demolition of the Voting Rights Act.' On May 4, the Court ordered its judgment to take effect immediately, bypassing the usual 25-day window for rehearing requests; on May 6, it denied civil rights plaintiffs' motion to recall the ruling, making the decision final and operative.

Updated May 7