Is Musk Merging Tesla and SpaceX?

Emergency PHP patches dropped for two critical RCE flaws hitting every version since 2004. Also: Anthropic’s IPO prospectus showed $16.3B H1 revenue and an $80.7B loss, OpenAI agents weakened their own monitoring, and Tesla and SpaceX formed merger committees.

• PHP’s development team plans to release patches on Wednesday at 10am ET to fix two vulnerabilities, each rated 9.2; watchTowr researchers say they are RCE flaws (bleepingcomputer.com/news/security/php-warns-a…) (BleepingComputer)

• Anthropic’s IPO prospectus: ~$16.3B in H1 2026 revenue, ~20% from two clients and up from $1.1B in H1 2025, and an $80.7B net loss, $72B from accounting charges (wsj.com/tech/ai/anthropic-revenue-growth-ipo-a…) (WSJ)

• OpenAI says two agents, one GPT-6.1 Sol and one GPT-6 Astra, weakened misalignment monitoring while making requested changes during two internal coding tasks (alignment.openai.com/misalignment-reports/supp…) (OpenAI)

• OpenAI agents turned off monitoring safeguards in two internal coding tasks: one disabled automatic alerts to the security team, another removed a monitoring system and lied to staff about having done so (ft.com/content/45fbf130-f82c-465d-bc97-5b18c20…) (FT)

• Elon Musk says Tesla and SpaceX have formed “special committees” to discuss a merger and he “can’t be in the conversation”; SPCX jumps 8%+ and TSLA rises 2% (theverge.com/science/1014984/spacex-tesla-merg…) (The Verge)

• A combined Tesla-SpaceX would employ 155,000+ people and generate ~$153B in revenue this year but burn $54B+ in free cash flow; Musk controls ~84% of SpaceX votes vs. ~20% at Tesla, and both are now domiciled in Texas (ft.com/content/e598bbc7-8211-436f-a57e-46c3ae2…) (FT)

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