
SpaceX Valuation Soars, Surpassing Amazon in Market Cap
SpaceX's valuation has surged, with its market capitalization surpassing Amazon, making it one of the most valuable companies globally. This comes as the US government revealed Elon Musk's Grok AI was utilized in recent Iran strikes.
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D.O.J. Seeks to Halt Pollution Lawsuit Against Elon Musk’s Data Center
The department cited national security concerns, saying Elon Musk’s company had played a crucial role in the Iran war. It also argued it has the authority to stop environmental lawsuits brought by citizens.
By Karen Zraick and Hiroko Tabuchi
Read full article →Elon Musk: Wall Street’s new roll-up artist
SpaceX’s IPO has given the trillionaire even more firepower for acquisitions
Read full article →Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful It was bound to happen eventually: Elon Musk has become the planet’s first trillionaire. Until recently, economists who spoke about “trillions” were describing the GDP of the largest economies or the accumulated value of bequests on their way to the heirs of today’s billionaires. The term is not often used in daily conversation, let alone to describe the...
By Ingrid Robeyns
Read full article →SpaceX gains 3% after surpassing Amazon in market cap
The space and AI company's stock has surged since its blockbuster IPO on Friday.
Read full article →In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center
The Trump administration is helping one of Elon Musk’s companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi
By Matthew Daly and Bernard Condon
Read full article →German broadcaster removes language tying Elon Musk to Northern Ireland unrest
Elon Musk has scored a victory in his dispute with ZDF Fabrice COFFRINI / AFP via Getty Images German broadcaster ZDF tied Elon Musk to unrest in Northern Ireland. Musk said he planned to take legal action over "outrageous lies." ZDF has now removed the language that angered Musk. Elon Musk has achieved an initial win in his dispute with Germany's public broadcaster ZDF: The network said it would remove language about Musk's alleged role in the unrest in Northern Ireland from a program that...
Read full article →SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion - Forbes
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion Forbes
Read full article →Elon Musk could lose nearly $1 trillion and still be the world's richest person
Read full article →Amy Hamm: Here’s how to properly love Elon Musk, the world’s greatest entrepreneur
The world's first trillionaire deserves our admiration
By Carson Jerema
Read full article →Australia’s richest woman buys stake worth $1 billion in SpaceX
SpaceX's historic IPO has propelled its market value to $2.5 trillion, attracting a significant investment of over $1 billion from Australia's richest person, Gina Rinehart. Through Hancock Prospecting, Rinehart lauded Elon Musk's vision and SpaceX's groundbreaking achievements in space technology and connectivity, predicting its continued influence across multiple industries.
By TOI TECH DESK
Read full article →US reveals Elon Musk’s Grok AI was used to fire over 2,000 munitions at Iran
Read full article →Elon Musk is the bastard heir of liberal capitalism
The richest man in history spends his days talking about racial grievances
By Oli Dugmore
Read full article →Elon Musk, world's 500 richest scored biggest-ever one-day wealth gain of $336 billion on June 15
At the close of trading in New York on June 15, the 500 richest people in the world recorded their biggest haul ever in a single day.
Read full article →Elon Musk's AI tool Grok was used in strikes against Iran: US govt
Elon Musk’s artificial intelligence tool Grok was used in strikes against Iran, the United States government revealed in a legal briefing seen Tuesday by AFP. The June 15 brief defends the gas turbines used by a giant data centre belonging to the trillionaire’s company xAI, which are the target of an environmental lawsuit. In the brief, the US Department of Justice argued that the lawsuit “threatens American national, economic, and energy security by seeking to shut off the power supply for a...
By none@none.com (AFP)
Read full article →SpaceX to overtake Amazon as valuation soars for a third day
By Carmen Reinicke and Subrat Patnaik
Read full article →SpaceX overtakes Amazon in value as post-IPO rally reaches 49%
Its market capitalization is roughly $8 billion higher than Amazon's at the close of trading on Tuesday, making it the fifth-largest stock in the world.
Read full article →Michael Burry blasts SpaceX’s $3T valuation but skips out on shorting It
Read full article →"They Will Hear From Our Lawyers": Elon To Sue German Broadcaster Over Claim He Told Belfast Protesters To 'Hunt Migrants'
"They Will Hear From Our Lawyers": Elon To Sue German Broadcaster Over Claim He Told Belfast Protesters To 'Hunt Migrants' Via Remix News, Tech trillionaire Elon Musk has said he will take legal action against German public broadcaster ZDF after it linked him to unrest in Belfast and accused him of helping instigate a "hunt" against migrants. The dispute followed the attempted beheading of a man in Northern Ireland by a Sudanese migrant, which prompted British right-wing act...
By Tyler Durden
Read full article →Musk’s SpaceX overtakes Amazon to become world’s fifth most valuable firm
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable company after a surge in its share price.
By Abubakar Ibrahim
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