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The Latest Breaking News from Elon Musk

SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say

SpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 billion by selling new shares. This move is expected to be the largest IPO ever. Investors will get a chance to buy into Elon Musk's vision for…

The Economic Times

Elon Musk slammed for using trans daughter Vivian as ‘scapegoat’ for his entry into politics

Vivian Jenna Wilson came out as transgender in 2020

The Independent UK

Katie Miller blames the victims in response to report about pervasive sexual harassment in DC

Miller’s comments came after CNN reported female staffers face widespread harassment but don’t alert authorities because of fear of reprisal

The Independent UK

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SpaceX Targets $1.75 Trillion Valuation In IPO Expected To Raise At Least $75 Billion

SpaceX is seeking a valuation of approximately $1.75 trillion in its planned initial public offering, positioning the Elon Musk-led company for one of the largest stock market listings ever recorded.

International Business Times

Mark Cuban put $500K into a stranger's rocket company over email. It's now a SpaceX competitor worth $4 billion

The billionaire entrepreneur has a pattern of investing in things and people he hasn’t seen before.

Fortune

Elon Musk’s Trans Daughter Vivian Continues Making Waves As She Models For Rihanna’s Lingerie Line

The 22-year-old model and activist posed in underwear sets featuring the words “Proud,” “Queer,” and “Love.”

Bored Panda

A horrific murder – and a civil war threatening to tear apart the British right

After the conviction of Henry Nowak’s killer, the right is embracing racialised language. This tragedy is now just part of a political tussle, says Joe Mulhall of Hope Not Hate

The Guardian - UK

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US SEC, Elon Musk defend 'compromise' settlement over Twitter purchases

Musk called the settlement a fair, adequate ‌and reasonable resolution where "each ⁠side gave ⁠something up and each side gained something," according to a Monday night filing in the Washington, D.C., federal court.

The Economic Times

Elon Musk Confirms He Only Got Into Politics Because His Daughter Is Trans, as She Becomes the Face of Rihanna's Fenty

Elon Musk has publicly acknowledged what critics and biographers have suggested for years: his entry into politics was deeply influenced by the gender transition of his estranged daughter, Vivian Jenna Wilson.

Latin Times

Bernie Sanders pushes for 50% public ownership of American AI companies — proposes AI sovereign wealth fund that would hold direct ownership stakes in largest AI firms

The U.S. Senator is arguing that since AI companies use public data to generate a lot of revenue, the public should benefit from it as well. He also said that the people should have a say in the direction of AI by giving them a 50% direct stake in the…

Tom’s Hardware

Quote of the day by Elon Musk: “When something is important enough, you do it even...”

Elon Musk's powerful quote, "When something is important enough, you do it even if the odds are not in your favor," underscores the necessity of unwavering commitment and action. This philosophy champions determination and resilience, urging individuals to pursue their goals despite challenges, doubts, or low success probabilities. It's a…

The Economic Times

Will SpaceX still be a launch company after its historic IPO?

What does SpaceX's coming IPO mean for the company, investors and markets in general?

Space

World's most valuable AI start-up Anthropic files for IPO: Five things to know

Anthropic appears to have gained an early lead over OpenAI in the race to go public. Its IPO filing signals that one of the industry's biggest players could become the first major generative AI company to reach public markets.

Euronews

Anthropic IPO filing ratifies Wall Street's AI obsession

Tech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price its IPO this month and Anthropic rival OpenAI, led by Sam Altman, is waiting on deck.

The Economic Times

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The Economic Times

SEC defends Musk settlement over Twitter, saying it reflects 'compromises'

In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publicly deny its accusations, reflecting a recent policy ‌change governing defendants ⁠who settle ⁠enforcement actions.

International Business Times UK

Elon Musk Labeled 'Evil' After Exposé Claims His USAID 'Wood Chipper' Killed Hundreds of Thousands

A former USAID health chief alleges Elon Musk helped dismantle the aid agency while serving in Trump's administration, harming 'hundreds of thousands' of people.

The Times of India

87-year-old Florida man dies after Tesla on Autopilot mode crashes into pond

A Florida man died after his Tesla left a road and crashed into an electrical box and plunged into a pond while operating in Autopilot mode.

The Independent UK

AI firm Anthropic confidentially files to go public

Anthropic announced last week it raised $65 billion in private funding, pushing its valuation to $965 billion

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news in one place.

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The Economic Times

SpaceX reserves up to 5% of IPO stock for staff and friends

SpaceX has reserved up to 5% of its upcoming IPO shares for employees and friends of executives, with strict lock-in rules covering most stock including Elon Musk’s holdings. The filing also highlights Nvidia chip-powered AI compute deals, water scarcity risks, and valuation targets between $1.8 trillion and over $2 trillion.

The Guardian - US

Anthropic confidentially files for initial public offering on US stock market

Financial stakes of the AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year

International Business Times UK

Elon Musk Reacts to Claim His Trans Daughter is the Reason He Bought X, Blocked a Kamala Harris Presidency

Elon Musk responded to claims involving his transgender daughter and X, while Vivian Wilson appeared as the face of a new Savage x Fenty Pride campaign.

The Independent UK

Grokalypse Now: Musk’s AI destroys civilization in just four days in AI simulation

IN FULL

The Independent UK

Elon Musk’s Grok destroyed the world after just four days in an AI simulation

The experiment saw other AI chatbots, like Anthropic’s Claude, set up stable democracies

Fortune

SpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve for its cash—and an accounting headache

“Marking $1.45 billion in Bitcoin to market each quarter can produce wild swings … that have nothing to do with rocket launches or satellite performance”

The Guardian - UK

Ghost in the Machine review – entertaining AI polemic dives into its dark history in race politics and eugenics

The roots of AI in rightwing ideology is examined in Valerie Veatch’s enjoyable doc, including an array of colourful, often crazed, figures

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