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The Latest Breaking News from Elon Musk

Texas Democratic political candidate says SpaceX grants ‘sure looks like’ corruption

Nathan Johnson says if elected attorney general he’ll investigate rural internet deal with Elon Musk company

The Guardian - US

Billionaire Larry Ellison once fought the entire city of San Jose so he could land his private jet at midnight, but when it came to buying a $490 million megayacht, he did it over lattes and two emails

Larry Ellison, the tech titan, exemplifies contrasts through extravagant purchases and turbulent legal encounters. His lavish superyacht was created with little legal fuss, showcasing a whimsical side. Yet, after five years, he embraced minimalism amidst a notable drop in his wealth due to stock market changes. As Oracle’s fiscal health…

The Times of India

Zuckerberg Announces New AI Model on X, Not Threads: Elon Musk Says It Reached 12M Views 'For Free'

Mark Zuckerberg chose to unveil Meta's new AI model, Muse Spark 1.1, on X instead of Threads, sparking a debate with Elon Musk over platform reach and influence in the tech world.

International Business Times UK

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Could AI Pay Americans $1 Million Each? New Think Tank Forecast Sparks Jim Chanos' SpaceX Jab: 'Seems Reasonable'

The AI Futures Project, a non-profit initiative that forecasts the future of artificial intelligence, recently outlined a proposal for a citizen’s dividend by the U.S. government following AI-induced unemployment.

Benzinga

Judge reluctantly approves Elon Musk deal despite concerns over fairness

IN FULL

The Independent UK

'SpaceX Will Be Worth More Than the Rest of Earth': Elon Musk Makes Boldest Prediction Yet

Elon Musk's bold prediction about SpaceX's future value and the strategic implications of its partnership with Anthropic, the current AI leader.

International Business Times UK

Vietnam is paying women to have more babies—but there's a catch: they have to be on baby no. 2 to qualify for the cash bonus

Like Elon Musk and governments around the world, Vietnam wants more babies—and it's giving $68 million to women who have more than one.

Fortune

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Elon Musk Says SpaceX Would Be Worth More Than Earth if It Achieves Its Goals Amid First AI Satellite Reveal

Space Exploration Technologies Corp. (NASDAQ:SPCX) CEO Elon Musk says that the commercial space flight giant could potentially become worth more than the entire planet Earth if it can achieve its goals.

Benzinga

Mark Zuckerberg Posted on Elon Musk's X for the First Time Since 2023 to Promote Meta's Muse AI—MKBHD Explains How to Opt Out

On Thursday, Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg returned to X after nearly three years to unveil the company’s latest AI model.

Benzinga

Don't Want Tesla or SpaceX in Your Portfolio? Meet the New 'Ex-Elon' ETFs

Two proposed exchange-traded funds (ETFs) aim to give investors exposure to the Nasdaq-100 and S&P 500 while excluding companies founded, controlled or led by Elon Musk.

Benzinga

SpaceX and AI startup wealth fuels demand for private jets

The IPO of Elon Musk's SpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and generated unprecedented employee and founder wealth. Next in line for potential big IPOs are AI companies Anthropic and OpenAI.

The Economic Times

Judge has ‘serious misgivings’ about a $1.5M fine over Elon Musk’s Twitter takeover - but approves it anyway

Shortly before Trump was inaugurated, federal regulators accused Musk of failing to disclose his growing stake in Twitter on time in 2022, an oversight estimated to have saved him more than $150 million

The Independent UK

Michigan's Cyclospora Surge Follows a Year of Cuts to US Parasitic Disease Programmes Under Musk and RFK Jr

Michigan reports nearly 1,000 Cyclospora infections, marking the largest outbreak in state history. Experts link the rise to climate change and health programme cuts, complicating containment efforts.

International Business Times UK

New Jersey Law Would Outlaw Tesla's Camera-Based Robotaxi Tech

A bill is headed for a vote in New Jersey that would force self-driving cars to use two additional technologies, like Lidar or rader, on top of cameras.

InsideEVs

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Space

SpaceX wants to launch 100,000 Starlink satellites to orbit

SpaceX has applied for approval to operate a 100,000-member megaconstellation of next-gen Starlink satellites in Earth orbit. And each of the new spacecraft will weigh about 4,400 pounds.

The Economic Times

Are data centres uncool? Questions over AI's ecological trade-off are growing louder but solutions may be emerging

AI's environmental strain from data centers and resource exploitation is causing growing public concern. Communities face water shortages and e-waste issues while AI promises resource management improvements. AI can enhance grid efficiency and climate modeling, offering local benefits. However, equitable distribution of AI's economic gains remains a significant global challenge.…

Fortune

President Donald Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325M in stock to Trump Accounts

The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own

The Texas Tribune

Ted Cruz warns Talarico has “real chance” to flip Texas’ U.S. Senate seat

Calling into Gov. Greg Abbott's guest-hosted Hannity radio show, the Republican senator said Talarico is “charming” enough to win over voters “who may not be paying close attention to the issues.”

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International Business Times

Grok 4.5 Launches With Focus on Coding and AI Agents, Intensifying Race With OpenAI and Anthropic

Elon Musk's artificial intelligence company has unveiled Grok 4.5, the latest version of its flagship large language model.

Benzinga

Legendary Investor Jeremy Grantham Calls SpaceX IPO 'Craziest' Ever: 'You'll Be Laughing at It'

SpaceX (NASDAQ:SPCX) went public in June in what was the largest IPO of all time. Famed British investor Jeremy Grantham sees massive AI opportunities for the company and an IPO that everyone will still be talking about 50 years from now.

International Business Times UK

'Is This a One-Time Deal for Musk?': Judge Slams SEC for Letting Elon Keep $150M in Twitter Profits"

Elon Musk settles with the SEC for $1.5 million over delayed Twitter stock disclosures, keeping $150 million in alleged profits. A judge questions the fairness and implications of the deal.

International Business Times UK

Bezos Seeks $10B for Blue Origin in First Outside Fundraising: SpaceX Is Worth Nearly 15 Times More

Jeff Bezos' Blue Origin seeks $10 billion in its first external funding round, marking a strategic shift as it aims to expand its space infrastructure amidst rising industry costs and stiff rivalry from SpaceX.

MarketBeat

Grounded: SpaceX Stumbles as Grok Fails to Ignite

SpaceX shares fell 8% after Nasdaq 100 inclusion as Grok's market share slipped, while Tesla dropped 7% despite a delivery beat, reflecting fading AI-driven valuation premiums.

Benzinga

A Tesla-SpaceX Merger Just Got A $1.77 Trillion Catalyst, JPMorgan Says

One of Wall Street’s favorite hypotheticals is the merger between Tesla, Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX). JPMorgan now says the conversation has become a lot more practical.

The Economic Times

SpaceX shares crash 30% from peak; Cathie Wood buys $7 million stake. What is she seeing?

Cathie Wood's ARK ETFs purchased $7 million worth of SpaceX shares. This investment follows a significant 34% drop from the stock's peak. Wood funded these purchases by selling Alibaba shares from her portfolios. ARK Invest now holds approximately two million SpaceX shares valued over two hundred eighty million dollars. Analysts…

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