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The Latest Breaking News from Elon Musk

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.

Benzinga

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.

International Business Times UK

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

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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.

The Economic 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.

International Business Times

Why AI’s environmental footprint won’t disappear into orbit

AI companies increasingly want to move their operations into space. Elon Musk’s SpaceX has applied to launch over a million AI data centre satellites and ultimately build them on the moon.

The Conversation

Elon Musk Net Worth Falls $612B in 31 Days: More Than Jeff Bezos and Larry Page Have Made Combined

Elon Musk's net worth drops by $612B due to SpaceX share fluctuations. Explore the implications for investors and the broader market impact.

International Business Times UK

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SpaceX aborts Starship launch attempt as Elon Musk’s net worth falls

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The Independent UK

Starship launch fails to take off as SpaceX stock plunges to new low

Shares in Elon Musk’s company have fallen below the IPO price for the first time

The Independent UK

Leaving Blue Origin for SpaceX? Jeff Bezos Reportedly Puts Employees in 'Golden Handcuffs' With New Equity Clause

Jeff Bezos’ Blue Origin has reportedly introduced a new equity scheme for its employees that includes an unusual non-compete clause.

Benzinga

Four engine failures abort Starship's 13th launch bid at the last second

The world's biggest rocket was grounded Thursday when four of its 33 engines failed to ignite, leaving SpaceX to replace two engines ahead of a new launch attempt early next week.

Euronews

Elon Musk announces X will open-source its entire codebase: What does he mean?

Additionally, xAI also open-sourced its Grok Build coding agent following a data-privacy controversy. "Open sourcing Grok Build allows anyone to support making a reliable and robust harness. Check out our code, including the Git repo for the Grok Build CLI," SpaceXAI said in a post on X.

The Economic Times

Gina Rinehart’s estimated A$700m profit from SpaceX IPO wiped out as stock price dips

Analyst says mining billionaire unlikely to be worried by lost paper profits after Elon Musk’s company dipped below its debut share price

The Guardian - AU

SpaceX Starship Flight 13 Launch Aborted Seconds From Liftoff: What the Engine Halt Means for Starlink Users

SpaceX scrubbed Starship Flight 13 at T-0 after engines failed to ignite, grounding the first Starlink V3 satellites and delaying upgrades for millions of rural US users.

International Business Times UK

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Benzinga

Elon Musk Says Engines 'Didn't Start' — SpaceX Stock Trending After Hours As Starship Test Aborts

Space Exploration Technologies Corp. (NASDAQ:SPCX) shares are trending on Thursday night.

The Economic Times

SpaceX selloff's an ominous sign as lockup expiry looms

SpaceX shares have fallen below their initial public offering price, signaling potential future volatility. Insider restrictions are set to lift soon, which could increase available trading shares. This event may impact the company's market valuation significantly in the coming months. Analysts remain largely positive, recommending buys despite the recent stock…

Space

SpaceX's Starship Flight 13 test launch aborts at last second (video)

SpaceX aborted Flight 13 of its giant Starship rocket at the last second on Thursday (July 16). It's unclear when the company will try again.

Fortune

Airbnb CEO Brian Chesky’s X account was hijacked in an AI slop hack

Airbnb CEO Brian Chesky appears to have been the target of a cyberattack, sources tell Fortune.

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TechRadar

China and Russia have a secret 'no limit' pact to eliminate Elon Musk's Starlink at all cost, researchers claim

Leaked documents reported by multiple publications have revealed a three-pronged Chinese plan to neuter Elon Musk's Starlink.

International Business Times

SpaceX's Next Test: Can Share Prices Survive The Upcoming Multi-Billion Share Unlock?

Short sellers have made billions as SpaceX shares fell below the IPO price and more shares will hit the market soon.

TechRadar

China beats Elon Musk’s Neuralink to the world’s first commercial brain-computer interface implant — car crash victim given coin-sized chip that turns neural signals into hand movements

Regulatory approval of brain implants in China mean they can now be fixed to the brains of anyone who wants to try them.

The Independent UK

Fed probe suggests Tesla's self-driving feature wasn't to blame in crash that killed a grandmother

Federal safety investigators say the driver of a runaway Tesla that killed a grandmother in her home last month had pressed the accelerator to full speed, suggesting the vehicle’s self-driving software was not to blame

Benzinga

Elon Musk Just Agreed With Google — And Microsoft's CEO Did Too

The artificial intelligence race has been defined by fierce competition, billion-dollar bets and increasingly powerful models. Agreement has been much harder to find.

International Business Times UK

DOJ Defends Musk's Unpermitted Gas Turbines, Saying Shutting Down Grok Threatens National Security

SpaceX has bought a $1 billion gas turbine company and installed dozens of unpermitted units to power its Grok AI centre, with US officials now arguing that shutting them down would endanger national security.

The Times of India

Gallup CEO Jon Clifton warns: Elon Musk’s Mars vision may become reality before fixing the global workplace productivity crisis costing $10 trillion

For many workers, the frustrations of modern employment are familiar: meetings that drain time, managers who fail to support their teams and policies that leave people feeling disconnected from their jobs. While technology companies are looking towards ambitious futures beyond Earth, the workplace on this planet remains a much harder…

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