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The Latest Breaking News from Elon Musk

Tommy Robinson meets Elon Musk’s father in Moscow

Activist, whose real name is Stephen Yaxley-Lennon, shared video of his meeting with Errol Musk

The Guardian - UK

FTSE 100 down as Asia-focused financials struggle

Oil prices also fell after US President Donald Trump said negotiations over a peace deal to end the Middle East war were in their final stages.

Evening Standard

Appeals for calm as social media stokes tensions after Belfast attack

A Sudanese man who was given leave to remain in the UK until 2028 has been arrested on suspicion of attempted murder.

Evening Standard

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Elon Musk's Starlink India launch hits security roadblock ahead of SpaceX IPO

India has halted approvals for Elon Musk's Starlink internet service. Security agencies are concerned about Starlink terminals being used in the Iran war. This delay impacts SpaceX's IPO valuation. India's broadband market remains out of reach for Starlink for now. Domestic operators also face scrutiny. India seeks assurances on security…

The Economic Times

'An Elon Musk Ego Project': Ex-NASA Expert Exposes Hidden Dangers of $1.75T SpaceX Launch

Elon Musk's SpaceX is heading for a blockbuster $1.75 trillion stock market debut that bundles rockets with an audacious AI gamble and leaves Musk firmly in control.

International Business Times UK

Elon Musk's first-gen orbital data center craft spans wider than a Boeing 747 and runs an interchangeable chip payload — AI1 satellite compute payload is 120 kW, peaks at 150 kW

Elon Musk laid out the first detailed design of SpaceX's AI1 satellite in a 30-minute video posted to the company's X account.

Tom’s Hardware

Elon Musk's Net Worth Surges Past $800 Billion — SpaceX IPO Pushes Trillionaire Dream Closer Much Faster

Elon Musk's net worth increased by $12 billion overnight on Monday to over $800 billion, as markets are increasingly predicting his wealth to swell over $1 trillion post SpaceX IPO.

International Business Times UK

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SpaceX unveils 11-million-square-foot Gigasat factory, a new manufacturing facility for space-based data centers — aims for 1 GW/year of space AI compute by late 2027 from its satellites

SpaceX's new Gigasat factory will mass-produce AI satellites for orbital data centers. Musk says the company is targeting 1 GW of space AI compute by 2027 and 100 GW per year by 2030.

Tom’s Hardware

As Spencer Pratt loses the primary, GOP lawmakers follow the president’s lead in calling California primaries a ‘Rigged Election’

California’s election process includes a slow, deliberate vote count.

We Got This Covered

SpaceX Could Deliver an $11.6 Billion Windfall for 346,000 Teachers and Retirees — Worth $33,500 Each

The Ontario Teachers' Pension Plan's strategic investment in SpaceX could yield $11.6 billion, highlighting venture capital's role in emerging tech and the impact of Musk's IPO plans.

International Business Times UK

Starmer Blasts Elon Musk for 'Whipping Up Division' After Dying Teen Handcuffed and MP Targeted by Grok Rape AI

Keir Starmer has accused Elon Musk of 'interfering in our politics' over his posts about the killing of Henry Nowak, while backing a Labour MP's legal fight against Musk's Grok AI over alleged 'rape porn' images.

International Business Times UK

OpenAI IPO: Date, share price, valuation, timing and all details investors need to know

OpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 billion. Microsoft owns 27% of OpenAI's for-profit business. The Elon Musk legal battle is largely behind it. Now Wall Street faces a historic question: how much is the future…

The Economic Times

Mexican Immigrant Earned $28 an Hour at SpaceX — The IPO Could Make Him a Millionaire

SpaceX's historic $75 billion IPO on Nasdaq could transform the lives of its employees and propel Elon Musk towards becoming the world's first trillionaire.

International Business Times UK

Think Musk the billionaire was bad? Brace yourself for Musk the trillionaire

Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step closer to full-blown oligarchy

The Guardian - US

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Fortune

Fortune Gulf Brief: Gulf investments to see liftoff from SpaceX IPO

The windfalls Gulf sovereign wealth funds are poised to receive will offer a nicely timed boost to their balance sheets.

Euronews

SpaceX IPO: How European retail investors can buy shares and the risks to be aware of

SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider.

AAP

FED:Aussie demand for SpaceX float overwhelms call centres

The lead Australian broker on the $2.5 trillion public launch of Elon Musk's SpaceX is experiencing "extremely high" call volumes as investors try to get in.

AAP

Aussie demand for SpaceX float overwhelms call centres

The lead Australian broker on the $2.5 trillion public launch of Elon Musk's SpaceX is experiencing "extremely high" call volumes as investors try to get in.

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news in one place.

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The Economic Times

SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offering

Despite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away from the offering, citing concerns over its pricing. While he values the company at around $1.3 trillion after reviewing its prospectus, the IPO is expected to value SpaceX at roughly $1.8…

International Business Times UK

OpenAI Files for IPO Just Days After Anthropic — The AI Arms Race Is Now a Wall Street Arms Race

OpenAI filed a confidential S-1 with the SEC on 8 June, a week after Anthropic, as both AI giants race to go public first and set the terms for how investors value the sector.

Euronews

ChatGPT maker OpenAI files for IPO, joining Anthropic and SpaceX in race to go public

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

The Economic Times

AI coding startup Cursor, courted by SpaceX, picks London as European hub

Elon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April ‌it had ⁠secured an ⁠option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for…

The Economic Times

Ahead of SpaceX IPO, Musk says AI satellites will use mostly existing technology

The ⁠billionaire said ⁠that much of the required technology already exists in its current Starlink satellite network. "Part of what we want to convey here is that there is not some magic that is necessary, that doesn't exist," Elon Musk said in a video discussion released by the company.

France 24

OpenAI confidentially files for US IPO as AI boom drives investor frenzy

ChatGPT maker OpenAI has confidentially filed for a US initial public offering, the company said on Monday, joining rivals such as Anthropic in a race towards public markets amid surging investor interest in artificial intelligence. The firm did not disclose terms or timing.

The Economic Times

OpenAI joins rival Anthropic in race to Wall Street

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are likely easier as a private company," it said in a statement. Reuters had reported that…

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