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The Latest Breaking News from Elon Musk

Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

“I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee," Cuban said.

Fortune

MAGA turns on Christopher Nolan’s The Odyssey over one surprising plot twist

Right-wing critics previously took issue with the casting of Lupita Nyong’o as Helen of Troy

The Independent UK

'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story

Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.

International Business Times UK

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‘Most people don’t know we’ve set up a doomsday system’: physicist Laura Grego on satellites, nuclear weapons and the battle for our skies

Elon Musk is trying to own it, competing powers are trying to fight in it and nobody seems to be regulating it. So who does space really belong to?

The Guardian - UK

Elon Musk Denies $52B SpaceX AI Server Deal; Dell and SMCI Stocks Rise

Elon Musk has publicly denied a report that SpaceX placed a $52 billion AI server order with Foxconn, easing pressure on Dell and Super Micro shares after sharp recent declines.

International Business Times UK

Blue Origin's stock policy leaves employees worried after Elon Musk's SpaceX IPO made workers millionaires—but there's one surprising exemption

Blue Origin's new stock policy: SpaceX's successful IPO contrasts with Jeff Bezos' Blue Origin's new stock incentive plan. This plan includes an 18-month non-compete clause for employees leaving the company. Workers may forfeit all stock options if they join a rival aerospace firm and the policy affects thousands of employees…

The Economic Times

Elon Musk Says Traffic Will Get Worse With Robot Cars, Reaffirms Tesla FSD Will Remember Individual Preferences

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has predicted that self-driving cars will cause traffic to increase in the future as more vehicles will be on the road.

Benzinga

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Starship Flight 13 Will Carry Starlink Satellites for the First Time in Test That Shapes Your Internet

SpaceX targets Thursday, 23 July for Starship Flight 13, the first to carry Starlink V3 satellites, after a last-second abort and days of shifting launch dates.

International Business Times UK

Unplanned impact: NASA says SpaceX rocket parts could hit Moon

In August, parts of a SpaceX rocket are expected to crash into the Moon. It wasn't planned, but experts are monitoring it. Will the impact be visible from Earth?

Euronews

Elon Musk's biggest population warning just got a surprising response from China

China introduced strict rules for AI chatbots, preventing emotional dependence. These regulations aim to protect users and encourage real-world relationships. AI companions cannot foster deep emotional attachments or romantic ties with minors. Companies must notify emergency contacts during user emotional crises. This move reflects concerns over declining birth rates and…

The Economic Times

SpaceX targets July 23 for next Starship launch after last-minute abort

Elon Musk's SpaceX is targeting July 23 for the 13th Starship test flight after a last-second launch abort last week. The mission will carry 20 Starlink satellites on a suborbital test as the company pushes toward routine orbital deployments by year-end.

The Economic Times

SpaceX Short Sellers Book Billions as Elon Musk Tells Them Their 'Survival Probability' Is 'Very Low'

SpaceX shares fell below their IPO price as short sellers amassed about $4bn in paper profits and Elon Musk warned bears.

International Business Times UK

Elon Musk Says If SpaceX Accomplishes Its Goals, ‘It Will Be Worth More Than The Rest of Earth’ — Though He’s Also Said ‘Money Will Stop Being Relevant’

Musk believes SpaceX could one day be worth more than the rest of Earth if it achieves its goals, despite previously arguing that money may eventually become irrelevant. Here’s how the billionaire says those seemingly conflicting ideas fit together.

Barchart

'Hope You're Ready for the Next': Ashley St. Clair Vows More Elon Musk Bombshells After NDA Snub

Ashley St. Clair says she rejected a $40 million NDA from Elon Musk and is promising fresh 'bombshell' revelations, as their bitter dispute over a child and AI deepfakes spills across TikTok and the courts.

International Business Times UK

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The Economic Times

Who is Uday Ruddarraju? Indian-origin techie who left Elon Musk’s xAI to power OpenAI’s next big push

Uday Ruddarraju now leads OpenAI's compute infrastructure as Chief Technology Officer. He previously worked at Elon Musk's xAI, focusing on AI systems. Ruddarraju's role involves expanding the company's massive computing footprint for AI development. This promotion highlights the growing importance of compute power in the AI race. OpenAI is preparing…

International Business Times UK

Elon Musk, Donald Trump Jr. Branded 'Foolish Provocateurs' After Christopher Nolan Epic Secures £155m

Christopher Nolan's The Odyssey is projected to open at £155m worldwide, as Elon Musk and Donald Trump Jr. are mocked as 'foolish provocateurs' over their failed 'go woke, go broke' warnings.

Benzinga

This Week in Tesla: Elon Musk Faces Pay Package Questions, US EV Prices Fall and More

Tesla Inc. (NASDAQ:TSLA) has had an interesting week, with investor questions about CEO Elon Musk‘s pay package, as well as a new California rebate program that could boost sales. Here’s a recap of this week’s top stories.

Fortune

Beyond rockets and satellites, SpaceX is quietly building an AI compute business that may become key to its eye-popping valuation

Deals with Google and Anthropic to rent out computing capacity could generate $26 billion a year.

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Benzinga

Elon Musk’s Net Worth Slumps Amid Tesla, SpaceX Crash

Elon Musk’s net worth is in free fall, with the world’s richest person losing his trillionaire status as shares of Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX) continue to decline. The prolonged weakness in the two companies has erased hundreds of billions of dollars from his fortune, pushing it well below its…

The Times of India

Meet Indian-origin tech leader Uday Ruddaraju, who has become OpenAI's CTO of Compute

OpenAI has promoted Indian-origin tech leader Uday Ruddaraju to the role of CTO of Compute, a year after Ruddaraju joined OpenAI after stepping down as Head of Infrastructure Engineering at xAI.

Benzinga

Benzinga Bulls and Bears: PayPal, UnitedHealth, Netflix — And Stocks End Wild Week

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

International Business Times UK

NAACP Slams Elon Musk's xAI Data Center As A 'Potential Death Sentence' For Local Neighbourhoods

Elon Musk's xAI is sued for operating gas turbines without permits, allegedly polluting Memphis communities.

The Economic Times

Pawan Kumar Chandana: Meet India's Elon Musk, the Skyroot CEO who once scored 50 in maths and is now sending Vikram-1 into space

Pawan Kumar Chandana: Skyroot Aerospace CEO and co-founder Pawan Kumar Chandana, a child who was once bad at maths, is now the head of this ambitious space company. If Skyroot is successful, it will be in a very small club of private space companies in the world. The launch is…

The Economic Times

Elon Musk's SpaceX in talks to supply the Pentagon with computing power: Report

According to the report, SpaceX employees have discussed plans to compete more directly with neocloud firms such as CoreWeave by selling computing capacity ⁠to AI ‌customers at lower prices.

International Business Times

SpaceX's Stock Has Fallen Below Its IPO Price. Now It Has 'Dampened the Mood' For Other IPOs

Shares of Elon Musk's rocket and satellite company traded near $126 on Friday, about 7% below their $135 IPO price and more than 40% below their all-time intraday high of $225.64.

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