Elon Musk’s artificial intelligence startup xAI is targeting a $20 billion capital raise linked to Nvidia hardware, Bloomberg News has reported.
Tesla sales hit a record 497,099 vehicles in Q3 as buyers rushed before the U.S. tax credit expired according to reports. Despite the surge, experts warn the gains may not last amid rising competition.
Elon Musk has become the first person in history to amass a net worth close to $500 billion, driven by rising Tesla shares and soaring valuations of his other ventures.
Billionaire Elon Musk's satellite internet service Starlink was back online for most users after a brief outage on Monday, according to tracking website Downdetector.com.
Elon Musk’s Starlink is experiencing a widespread service outage, the company announced on its website on Monday. Downdetector had recorded more than 43,000 users in the United States were affected as of 12:35 a.m. ET (0435 GMT).
Billionaire Elon Musk has called for “revolutionary government change” in the United Kingdom, addressing a far-right anti-immigration rally in London via livestream on Saturday.
Pope Leo has criticised corporate pay packages that grant executives hundreds of times more than workers, citing Tesla’s $1 trillion compensation plan for CEO Elon Musk. The remarks came in excerpts from his first media interview, released on Sunday by Catholic news site Crux.
Oracle co-founder Larry Ellison has overtaken Tesla Chief Elon Musk as the world’s richest person after a surge in the company’s stock lifted his net worth to $393 billion, according to the Bloomberg Billionaires Index.
SpaceX’s Dragon spacecraft successfully completed an initial test Wednesday to demonstrate a new capability that helps maintain the International Space Station’s (ISS) orbital altitude.
Billionaire Elon Musk filed a motion on Thursday seeking to dismiss a civil lawsuit brought by the U.S. Securities and Exchange Commission (SEC), which accused him of waiting too long in 2022 to disclose a significant stake in social media platform Twitter, later renamed X.
Lawyers for billionaire Elon Musk have asked a U.S. judge to prevent ChatGPT-owner OpenAI, from obtaining documents from Meta Platforms related to his previous $97.4 billion bid for OpenAI’s assets, according to a court filing.
SpaceX’s Starship rocket successfully deployed its first batch of mock Starlink satellites and tested new heat shield tiles during its tenth test flight on Tuesday, marking key development milestones after a streak of earlier failures.
SpaceX postponed Starship’s 10th launch on Monday (25 August) due to cloudy weather in Texas, another setback in the rocket’s reusable Mars-focused design.
Tesla announced on Monday via the Chinese social media platform Weibo that its Model Y L is "coming soon," following earlier plans to introduce the new model in China.
Tesla has granted Elon Musk a $29 billion share award as part of a new compensation plan to retain him as CEO while the company shifts focus from electric cars to robotaxis and AI. The move revives elements of a controversial 2018 package previously struck down by a Delaware court.
A high-stakes agreement between SpaceX and the Bahamas to allow Falcon 9 rocket boosters to land in Bahamian waters has been put on hold following political tensions and environmental concerns.
A Democratic senator has called on SpaceX CEO Elon Musk to cut off Starlink access for criminal groups in Southeast Asia accused of using the satellite service to defraud Americans.
Billionaire Elon Musk has confirmed that Tesla will source $16.5 billion (about £12.8 billion) worth of chips from Samsung Electronics until 2033, marking a major win for the South Korean firm’s struggling chip foundry business.
SpaceX's Starlink experienced one of its most significant global outages on Thursday due to an internal software malfunction that left tens of thousands of users without service. The disruption, which began around 3 p.m. EDT (1900 GMT), affected users primarily in the United States and Europe.
Elon Musk’s satellite internet service Starlink faced a rare global outage on Thursday, affecting tens of thousands of users and prompting a swift response from Elon Musk’s SpaceX.
Elon Musk's X has accused French prosecutors of launching a politically-driven criminal investigation into its platform, saying it will not cooperate with what it sees as an attack on free speech.
Elon Musk’s social network X has rejected a French organised-crime investigation that demands its recommendation algorithm and live user data, calling the case an attempt to muzzle free expression.
Tesla shares fell sharply after Elon Musk announced a new political party, intensifying his feud with Donald Trump over a controversial spending bill passed by Congress.
U.S. Treasury Secretary Scott Bessent has urged Elon Musk to steer clear of politics and prioritise his companies, after the Tesla CEO announced the formation of a new political party in defiance of President Donald Trump.
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