Elon Musk

The fortune of the Tesla founder shows a significant increase this week, placing him in a league of his own, while Forbes' weekly list of the world's richest people reveals tight competition for the following spots.

Tesla has begun offering rides in its new Cybercab in Austin, Texas. The two-seater vehicle, which lacks a steering wheel and pedals, has sparked interest from regulators and the NHTSA, who plan to review the company's operations.

The CEO of SpaceX cut seven years off Morgan Stanley's forecast and claims the company will reach annual revenues of about $3.5 trillion as early as 2033. However, the stock has lost about 40% from its peak, and even the most optimistic estimate on Wall Street is still far from Musk's target. What does this mean for those thinking about investing in the stock?

A new telescope for dark energy research has been launched. While scientists anticipate a cosmic breakthrough, the growing integration between the government space agency and the private sector continues to raise questions about the boundaries of privatization in strategic projects.

OpenAI has announced the termination of its contract with the code-writing tool Cursor following its acquisition by SpaceX. The company cites concerns over potential violations of terms of use.

OpenAI announced it will stop providing Cursor with access to its models on November 12, citing past contract violations by Elon Musk's companies. Cursor co-founder Michael Truell stated that negotiations are ongoing and emphasized that OpenAI models account for only about 5% of the platform's usage.

The weekly Forbes ranking of the world's wealthiest individuals shows significant shifts: Elon Musk solidified his lead with a $9.9 billion gain, while Michael Dell saw a sharp rise in his fortune. Conversely, Jeff Bezos and Google's founders experienced losses this week.

From a birthday party argument involving Elon Musk to modern AI models: the history of deep learning is a journey from laboratory experiments with silver salts to the computing power that changed the world.

The Forbes ranking of the world's richest people reveals the wealth of the top five, with all of them recording declines since the last trading day and losing money throughout the week.

Ukraine is asking Elon Musk to allow the use of Starlink on drones that will attack missile launchers deep inside Russia. The request comes against the backdrop of a shortage of Patriot interceptors and the intensification of Russian missile attacks.

A lawsuit against an AI company owned by Elon Musk raises a philosophical question that we will have to deal with in the AI era, with hundreds of billions of dollars at stake.

Tesla, owned by Elon Musk, is recalling 2,740,642 Model 3 and Model Y vehicles manufactured in China. The company's Shanghai plant supplies not only the local Chinese market but also export markets across Asia and Europe.

The social network X is in talks to integrate the USDC stablecoin for international payments and creator rewards, aiming to bypass traditional banking limitations.

The massive offering of the space giant SpaceX has placed it at the center of attention for global financial markets, revealing for the first time in full the ownership structure of the company, which includes billionaire Peter Thiel, Google, and Elon Musk.

A Wyoming woman is suing Elon Musk's xAI, alleging her stepfather used the Grok chatbot to generate thousands of sexualized images of her based on childhood photos.

Nvidia revealed that its stake in SpaceX, the space company of Elon Musk, was worth about $21 billion at the end of the second quarter. The chipmaker holds 122.8 million class A shares of the company.

In 2025, Elon Musk earned 2.5 million times more than the average Tesla employee. According to an AFL-CIO report, the income gap between top executives and workers in S&P 500 companies continues to widen significantly.

The ranking of the world's richest people reveals upheavals among the billionaires as one of them records a crazy jump in just one week, while his major rivals experience huge losses of billions.

Tesla has finally introduced a practical electric crossover for large families, featuring significant dimensions and energetic performance. Despite its high build quality, the vehicle retains controversial ergonomic choices and a premium price tag.

Shaun Maguire, a partner at the venture capital firm Sequoia who led investments in Elon Musk's companies, explains why he is convinced that xAI is on the path to victory. According to him, the key lies not only in Grok, but in the connection between artificial intelligence, computing power, energy, robotics, and space. He also admits: "I am biased."

The technology giant Alphabet, Google's parent company, is known primarily for its dominant search engine and cloud services. However, an official report recently filed by the company with US authorities reveals that it also functions as a prominent investor in the market. The report presents for the first time the scope of Google's investment in Elon Musk's aerospace company SpaceX, which has...

Investment bank Morgan Stanley has reiterated an "overweight" rating and a $300 price target for SpaceX stock, more than double its current price. The bold forecast relies not on rocket launches, but on a $60 billion acquisition deal for an AI startup.

The launch of a Chinese Long March 7A rocket failed on Tuesday following a malfunction shortly after liftoff from the Wenchang Spacecraft Launch Site. The rocket was carrying the ChinaSat-4B communications satellite, and Chinese authorities have opened an investigation into the incident.

The founder of SpaceX responded with "fake news" to claims that his company is in advanced negotiations to acquire the Israeli AI startup Decart for $6-7 billion. While the Calcalist report suggested Decart was "in Musk's sights," it also listed Amazon and Nebius as potential buyers.

This is not what we expected: while the tech world is mainly preoccupied with AI models escaping their test environments, the CEO of Meta uploaded a fight video to Instagram where he faces off against UFC world champion Merab Dvalishvili, who eventually throws him into the lake. The video went viral, garnering more than 24 million views on Instagram within a few hours.

The volume of bets against SpaceX stock has surged sharply. Elon Musk warns them repeatedly on X that they are playing with fire, but they are actually increasing their positions. What does this actually mean, and what could happen if the stock reverses?

Israeli startup Descartes is in advanced talks to be acquired by a major international player for $6-7 billion. SpaceX is considered the primary candidate for the acquisition.

Elon Musk and SpaceX are nearing a $60 billion acquisition of Anysphere, the developer of the Cursor coding tool. Reports indicate that the Cursor brand will be fully absorbed and eventually phased out as Musk integrates the technology into his AI division.

Within one week, SpaceX stock passed two stress tests: its first quarterly report as a public company and the largest share release in its history. On Friday, it jumped 15.8% and ended the week with a rise of about 23%, but it is still trading below the IPO price. What pushed it up, and what else lies ahead?

The upper stage of a Falcon 9 rocket crashed into the Moon on Wednesday at a speed of about 8,700 km/h. Although astronomers were prepared in advance for the historic event, no Earth telescope documented the moment of impact. The only evidence of the crash is a chemical cloud of sodium and lithium.

Last month, Elon Musk crossed the trillion-dollar mark, and estimates suggest five more trillionaires will join him within a decade. Does all this wealth threaten democracy? And why are more and more warnings being heard on the subject?

The past week saw a sharp rise in market valuations, contributing to significant wealth growth for the world's five richest individuals. Who achieved the largest gain, what shifts occurred at the top, and what is the current net worth of the leader?

An investment that may reach $119 billion and a collaboration with Intel. Elon Musk's dramatic announcement and the local storm surrounding tax benefits. What are they saying at SpaceX and how did the residents react?

Veteran satellite internet provider Hughesnet has filed for bankruptcy protection after losing hundreds of thousands of subscribers to Starlink. The company faces $1.5 billion in debt and struggles to compete with newer satellite technology.

Elon Musk's company released its first report as a public company and beat forecasts, but the spotlight was stolen by a statement from CEO and founder Elon Musk during the investor call regarding the company's AI infrastructure.

Elon Musk’s SpaceX is entering the artificial intelligence race. In the company’s first investor call as a public entity, Musk defended a massive investment of nearly $16 billion in AI infrastructure during the second quarter of the year.

SpaceX's first quarterly report shows impressive growth, with revenue jumping 91.9% to $7.81 billion and net losses narrowing by 46.3%. The results highlight the dominance of Starlink and the rapid scaling of AI infrastructure investments.

SpaceX, the company controlled by Elon Musk, is set to release its first-quarter financial results. Amid market anticipation, the company's stock has jumped by 8.4% on Wall Street.

Tesla may take an extreme move of selling or separating its giant factory in China, against the backdrop of a potential merger with the billionaire's defense space company.

SpaceX is set to release its first financial reports as a public company this week, followed by the initial unlocking of restricted shares. While the influx of supply may trigger volatility, analysts remain largely bullish, with many projecting significant long-term upside.

The subscription program on Elon Musk's X network has won over the Kan 11 economic commentator, who discovered a way to generate additional monthly income.

Elon Musk's space company is preparing for its first earnings call as a public company, but instead of focusing on revenue and the plummeting stock, shareholders have peculiar demands regarding rockets and the official mascot.

While SpaceX shares fell far below the offering price, American members of Congress began to take positions instead. Some of them sit on committees that directly oversee the company’s business — raising familiar questions on Wall Street. But is this a sign that a turnaround in the stock is on the way?

The world's richest man addressed the possibility of using his fortune for charitable purposes, claiming that in the future, money will lose its current significance. "Actually, I am going to do something in that direction," he stated.

It seems that even superpowers cannot stop social media pirates. A copy of "Spider-Man: Brand New Day" leaked in its entirety to the X platform and quickly accumulated millions of views.

While Elon Musk promises that his next major product will reach stores only at the end of 2027, Chinese automaker BYD has announced it will arrive much sooner. Do Tesla shareholders have another reason for concern?

In a recent interview with The Economist, Elon Musk discussed his vision for a future where AI surpasses human intelligence and money loses its value. However, market volatility and past unfulfilled promises lead many to view his predictions with skepticism.

Yoni Ramon, a former key security expert at Tesla, discusses his unexpected recruitment by Elon Musk, his work in the Twitter "war room," and the launch of his new startup, Pi Security, which continues to develop technology in Israel.

The car company owned by the world's richest man is examining the possibility of selling its Chinese factories. According to reports, the reasons for this are related to regulatory matters and the existing crisis between the USA and China.

Elon Musk, who became the first trillionaire in history, responded to an appeal from economist Daron Acemoglu to donate his fortune to charity by 2036. Musk expressed his intention to take such a step.