The company said on Thursday that its Starship spacecraft — which was meant to lap Earth and splash down in the Indian Ocean — exploded not long after its 7th test flight took off from South Texas

Reportedly, the SEC filed a lawsuit against Musk on Tuesday, alleging the billionaire committed securities fraud in 2022 by failing to disclose he had amassed an active stake in Twitter, a secrecy that allowed him to buy shares at “artificially low prices.”

In a statement, Biden said AI will have “profound implications for national security and enormous potential to improve Americans’ lives if harnessed responsibly, from helping cure disease to keeping communities safe by mitigating the effects of climate change.”