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The Latest Breaking News from Elon Musk

Minister admits under-16s social media ban not a ‘silver bullet’ as Musk hits out at ‘censorship’

Liz Kendall, accepted that many children will succeed in getting around the ban but insisted the restriction would lead to a ‘significant change in behaviour’

The Independent UK

UK ministers lobby Trump to avert backlash against social media ban

No 10 is worried about retaliation from White House over restrictions on under-16s’ internet use

The Guardian - UK

Elon Musk just made Warren Buffett’s entire net worth in a single day

Elon Musk’s net worth soared by a record $164 billion in a single day after SpaceX shares surged nearly 20%, pushing his fortune to $1.27 trillion. The gain alone exceeded Warren Buffett’s entire net worth, underscoring the extraordinary wealth creation driven by SpaceX’s blockbuster market debut.

The Economic Times

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SpaceX at $2.1 Trillion Is 'Still Cheap', Investor Claims in $50 Trillion Thesis as Musk Responds

SpaceX's valuation debate intensifies as investors predict a potential worth of $50 trillion, driven by Starship's promise to lower space access costs and enable new industries.

International Business Times UK

Social media ban for children ‘no silver bullet’, minister says

Technology firms have hit back over the plan to ban under-16s from social media.

Evening Standard

Elon Musk never stopped believing today's impossibility can become tomorrow's reality: Anand Mahindra

Elon Musk has achieved a historic milestone becoming the world's first trillionaire after SpaceX's successful stock market debut. Mahindra Group Chairman Anand Mahindra lauded Musk's unwavering belief in transforming today's impossibilities into tomorrow's realities. Mahindra recalled supporting Musk during tough times in 2018, emphasizing that innovators are often judged during…

The Economic Times

Murdered MP Jo Cox would be deeply concerned by divisions in UK, says sister

Kim Leadbeater says it is crucial to ‘push back’ on divisive rhetoric and dangerous language.

Evening Standard

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SpaceX Faces Major Lawsuit as Starship Tests Destroy Homes in Port Isabel and South Padre Island

Homeowners in South Texas are suing SpaceX, alleging that Starship rocket tests caused structural damage to their properties, including cracked walls and shifting foundations, due to sonic booms and vibrations.

International Business Times UK

US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAI

U.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge confidential information related to its Grok chatbot, or that OpenAI engineers knew Li ‌might have ⁠disclosed any.

The Economic Times

Bernie Sanders Is Wrong About Trillionaires

Plus: the Supreme Court's biggest pending decisions, renewed court-packing debates, and the economic fallout from the Iran war

Reason

Nicki Minaj Slammed as 'Pathetic' After Posting AI Trump Birthday Pic with Sydney Sweeney and Elon Musk

Nicki Minaj's AI-generated birthday tribute to Donald Trump sparked intense backlash, with critics questioning her use of AI and perceived political support, leading to widespread online debate.

International Business Times UK

Jo Cox’s sister warns of UK’s ‘divisive rhetoric and dangerous language’ ten years after MP’s murder

‘You’ve got to decide if you want to take the debate forward and you want to work on solutions’, says Kim Leadbeater, a decade after her sister’s murder

The Independent UK

Australia’s richest person just bought a SpaceX stake worth more than $1 billion. ‘Elon has done what very few people in history have done’

Gina Rinehart, a mining mogul, is backing the rocket maker, citing Musk’s record on space travel and government.

Fortune

Top analyst: 71% of SpaceX’s $2 trillion value rests on AI. Grok’s numbers are ‘almost comical’ by comparison

Keith Snyder at CFRA can’t justify SpaceX’s $2 trillion post-IPO market cap without assuming growth that current Grok adoption data doesn’t support.

Fortune

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Barchart

Elon Musk Needs ASML for Terafab. You Don’t Need ASML Stock in Your Portfolio.

Elon Musk’s Terafab ambitions highlight ASML’s critical role in advanced chip manufacturing, but investors must decide whether the company’s strong AI-driven growth prospects still justify its elevated valuation.

AAP

Defiance Launches SPCQ: Daily 2X Short ETF for SpaceX

MIAMI, June 15, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), expanding its lineup of single-stock leveraged ETFs designed for active traders seeking amplified exposure to innovative growth companies. SPCQ is designed for traders seeking magnified, short-term inverse…

The Guardian - UK

Memories that snap, crackle and pop

Brief letters: Analogue music | Football songs | Money matters | Medical mysteries | Vintage comedy

The Economic Times

US stocks: SpaceX IPO haul rises to $85.7 billion after underwriters exercise greenshoe

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand. The company's stock saw significant gains following its market debut. This event marks a major milestone for SpaceX and Elon Musk's ventures. Investor interest was exceptionally high for this…

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The Mary Sue

Elon Musk Is the World’s First Trillionaire. Disgusting

Elon Musk has officially broken the record for becoming the world’s first trillionaire. Online reactions have varied, with some congratulating Musk and others criticizing the obscene wealth he has amassed. According to Bloomberg, Tesla and SpaceX founder became the world’s richest man in history after his net worth reached $1.1…

International Business Times

SpaceX Climbs Further On First Full Day Of Trading Amid Broader Gain In Stocks

SpaceX continued climbing in its full trading session on Monday, building on large gains from last Friday, when it marked the biggest initial public offering in history.

AAP

Defiance ETFs Announces Resumption of Trading in the Defiance Daily 2X Space ETF (SPCL) on Cboe BZX Exchange, Inc.

MIAMI, June 15, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced that Cboe BZX Exchange, Inc. (the “Exchange”) has authorized the resumption of trading in shares of the Defiance Daily 2X Space ETF (Cboe BZX: SPCL), following the temporary trading halt initiated…

International Business Times UK

Elon Musk Strips His 14 Children of Inheritance, Calling Trillion-Dollar Nepotism a 'Mistake'

Elon Musk says he will not automatically leave his vast fortune or control of his companies to his 14 children, despite becoming the world's first trillionaire after SpaceX's $1.77 trillion IPO.

AAP

AAP Rolling News Bulletin June 15, 2200

AAP Rolling News Bulletin for June 15 at 2200

AAP

AAP Rolling News Bulletin June 15, 2130

AAP Rolling News Bulletin for June 15 at 2130

The Economic Times

Tesla presented misleading 'Full Self-Driving' safety data to European regulators

In a bold move to secure European approval for its Full Self-Driving technology, Tesla has shared crucial safety data with Swedish and Dutch regulators. Nevertheless, independent analysts have voiced concerns, suggesting that the data could misrepresent the system's actual safety. As competition heats up in Europe, Tesla is eager to…

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