Friday, July 17, 2026 | 09:58 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch
Who is Elon Musk

Elon Musk

About Elon Musk

Who is Elon Musk

Elon Musk is a South African-born American industrial engineer, entrepreneur, who co-founded Paypal and founded aerospace transportation services company SpaceX. He is also one of the early investors in Tesla, an electric car company, and now the Chief Executive Officer of the firm as well. With a $70.5 bn fortune, Musk sits comfortably at the 7th spot in the world's top 10 billionaires list.
Early years
 
Born in 1971, Elon Musk displayed an early talent in computers and video games and at the age of 12 created a video game code that earned him fame, as well as a fortune. He acquired
...
Read More

Latest Updates on Elon Musk

SpaceX aborts Starship launch seconds before liftoff after engine issue

SpaceX aborted the 13th Starship test flight seconds before liftoff after some engines failed to ignite. The rocket was carrying next-generation Starlink satellites on the planned mission

Image
Updated On : 17 Jul 2026 | 9:38 AM IST

Elon Musk likely broke law by giving voters $1 mn in Supreme Court election

The Wisconsin Elections Commission last week referred 2 complaints to Brown County district attorney's office, which can choose to bring criminal charges over violating state law against bribery

Image
Updated On : 15 Jul 2026 | 7:49 AM IST

OpenAI's feud with Musk's xAI carries on as Apple secrets fight revs up

OpenAI has asked a US court to award more than $1 million in legal costs after xAI's trade secrets lawsuit was dismissed, while Elon Musk's AI startup prepares to appeal the ruling

Image
Updated On : 14 Jul 2026 | 8:56 AM IST

SpaceX shares slip for third day, shedding $600 billion in market value

The stock fell 16% Monday to close at $154.60, the lowest level since the company's first day of trading, pushing its 3-day loss to 23% and erasing over $600 billion in value over that period

Image
Updated On : 23 Jun 2026 | 10:20 AM IST

X suffers outage for thousands of users in US, shows Downdetector

More than 27,000 users reported problems accessing Elon Musk-owned social media platform X, according to outage-tracking website Downdetector

Image
Updated On : 22 Jun 2026 | 8:12 PM IST

Capital gains don't deserve a special tax privilege if labour doesn't

There are also social risks that accompany huge bets on labour-saving technologies like AI and robotics

Image
Updated On : 19 Jun 2026 | 11:00 PM IST

SpaceX deal with Cursor turns four MIT classmates into billionaires

SpaceX formally agreed to buy Cursor Tuesday in an all-stock deal that values the company at $60 billion

Image
Updated On : 17 Jun 2026 | 7:50 AM IST

SpaceX overtakes Amazon in value to become 5th largest stock in world

At the stock's intraday high, the market value of Elon Musk's rocket and AI company topped Microsoft Corp. to briefly become the world's fourth-largest stock

Image
Updated On : 17 Jun 2026 | 7:40 AM IST

US court rejects Musk's xAI suit accusing OpenAI of stealing trade secrets

The judge said asking job candidates to discuss their prior work was routine, and one could not infer that OpenAI pushed Li to leak anything confidential

Image
Updated On : 16 Jun 2026 | 10:03 AM IST

SpaceX surge further boosts this Saudi billionaire prince's fortune

Prince Alwaleed bin Talal's investment firm Kingdom Holding Co surged after SpaceX's share gains on its first day of trading drove the value of the Saudi firm's holding to almost $7 bn

Image
Updated On : 14 Jun 2026 | 2:02 PM IST

As SpaceX makes Elon Musk trillionaire, some dissent on NYC's streets

The protest also echoed another critique that resonated with denizens of the capitalist set: the case against fast-tracking SpaceX into equity indexes

Image
Updated On : 13 Jun 2026 | 7:43 AM IST

SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO

Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced

Image
Updated On : 12 Jun 2026 | 10:34 PM IST

As trillion-dollar fortune beckons Musk, how far behind are the rest

SpaceX's blockbuster IPO could make Elon Musk the world's first trillionaire. Here's a look at the wealthiest people globally and in India

Image
Updated On : 12 Jun 2026 | 3:14 PM IST

Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'

Elon Musk's rocket company is spending big and losing money, raising questions about whether it can justify its valuation for its blockbuster initial public offering

Image
Updated On : 12 Jun 2026 | 8:49 AM IST

Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share

The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion

Image
Updated On : 12 Jun 2026 | 7:46 AM IST

SpaceX IPO propels Elon Musk to world's first trillionaire status

SpaceX, the satellite and AI company that together with electric-car maker Tesla form the center of Musk's empire, raised a record $75 billion in its initial ‌public offering on Thursday

Image
Updated On : 12 Jun 2026 | 7:32 AM IST

SpaceX IPO explained: Share price, valuation and risks for investors

SpaceX is set for one of Wall Street's biggest IPOs, aiming to raise $75 billion. What does the listing mean, and can Indian investors buy shares?

Image
Updated On : 11 Jun 2026 | 2:20 PM IST

Talks with India remain productive, awaiting final clearance, says Starlink

Starlink has already secured a licence to offer satellite broadband services in India and has established ground infrastructure to meet regulatory and enforcement requirements

Image
Updated On : 10 Jun 2026 | 5:52 PM IST

SpaceX IPO marks the peak of AI euphoria, says Chris Wood of Jefferies

SpaceX is planning to sell 555.6 million shares at a fixed price $135 per share. This will raise $75 billion and value the company at $1.77 trillion.

Image
Updated On : 09 Jun 2026 | 10:32 PM IST

Demand surges for SpaceX's record-setting IPO as orders top $10 billion

Banks leading the offering by SpaceX are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 pm

Image
Updated On : 09 Jun 2026 | 1:37 PM IST