Page 2 - Latest Updates on Elon Musk
It reflects 'compromises': US SEC defends settlement with Musk over Twitter
The SEC also said in a footnote that the settlement if approved will allow Musk to publicly deny its accusations, reflecting a recent policy change governing defendants who settle enforcement actions
 "It reflects 'compromises': US SEC defends settlement with Musk over Twitter")
Danish pension fund blacklists SpaceX over 'catastrophic governance'
SpaceX, which submitted its IPO filing on May 20, is expected to start formal marketing of its offering next month
 "Danish pension fund blacklists SpaceX over 'catastrophic governance'")
Best of BS Opinion: Quad relevance, fuel pricing, and a Cockroach Party
From the implications of warming US-China ties and the future of the Quad to fuel-pricing reforms, SpaceX governance and youth discontent, here are today's key opinion pieces
 "Best of BS Opinion: Quad relevance, fuel pricing, and a Cockroach Party")
SpaceX lowers IPO valuation target to at least $1.8 trillion
SpaceX is targeting a valuation of at least $1.8 trillion in its IPO, potentially making it the largest public offering in history
 "SpaceX lowers IPO valuation target to at least $1.8 trillion")
Founder supremacy is eroding the discipline of corporate governance
It's not an accident that Apple's Steve Jobs, maybe the greatest of all high-tech founders and CEOs, had no need to shelter behind bespoke extra protections
 "Founder supremacy is eroding the discipline of corporate governance")
SpaceX Starship rockets grounded pending probe into test flight mishap
Minutes after Starship blasted off from Texas on Friday, the booster separated as normal, but engines conked out as it made its way back to Earth
Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans
The filing showed that SpaceX has been aggressively investing in artificial intelligence (AI), Starlink satellites and future space missions
 "Elon Musk's SpaceX files for IPO: Inside revenue, losses, and future plans")
OpenAI celebrates court win against Musk, but more challenges lie ahead
A US court victory against Elon Musk has removed one obstacle for OpenAI's IPO ambitions, but rising competition, copyright cases and safety concerns continue to mount
 "OpenAI celebrates court win against Musk, but more challenges lie ahead")
OpenAI avoids costly court loss to Elon Musk, but both sides left bruised
Musk had accused OpenAI, Altman and his top lieutenant Greg Brockman of betraying a shared vision for it to remain a nonprofit dedicated to guiding AI's development for the good of humanity
 "OpenAI avoids costly court loss to Elon Musk, but both sides left bruised")
Court rejects Musk's claims against OpenAI, saying lawsuit filed too late
The nine-person jury found that Musk waited too long to file his lawsuit and missed the deadline for the statute of limitations
 "Court rejects Musk's claims against OpenAI, saying lawsuit filed too late")
Elon Musk says he will not sell SpaceX stake ahead of planned IPO launch
SpaceX could file publicly for a record-breaking IPO next week at a valuation exceeding $2 trillion
Elon Musk's xAI unveils first coding agent in bid to rival Anthropic
The artificial intelligence model, which is in early testing and only available for paying subscribers, is the startup's initial push into professional coding
 "Elon Musk's xAI unveils first coding agent in bid to rival Anthropic")
Musk's lawyer challenges Altman's credibility as OpenAI trial nears end
OpenAI has said the organization is stronger as a for-profit entity, including the nonprofit that is now a shareholder of the corporation, and that Musk simply wanted control
China's view on Elon Musk: Visionary, occasional villain, still influential
While Tesla is being hit by local electric vehicle makers on technology and price, the company and Musk remain influential in China
 "China's view on Elon Musk: Visionary, occasional villain, still influential")
Gathered proof of Altman's dishonesty for a year: Ex-OpenAI exec Sutskever
The testimony comes in 3rd week of a trial that could determine the future of OpenAI, which has been raising billions of dollars from investors to build its computing power ahead of potential IPO
 "Gathered proof of Altman's dishonesty for a year: Ex-OpenAI exec Sutskever")
Elon Musk, Sam Altman under fire over management styles in OpenAI trial
The trial, which just finished its second week, is revisiting OpenAI's arc from scrappy startup founded in 2015 to benefit humanity to behemoth now valued at almost $1 trillion
 "Elon Musk, Sam Altman under fire over management styles in OpenAI trial")
Why Musk's $60 billion Cursor bet is really about AI's 'last mile'
SpaceX has secured an option to acquire AI coding startup Anysphere for $60 billion, placing Elon Musk in the race to control how AI-powered software is built
 "Why Musk's $60 billion Cursor bet is really about AI's 'last mile'")
Elon Musk weighed offering Sam Altman a Tesla board seat, jury told
Musk and his fellow OpenAI co-founders were then in the midst of negotiations about the future of the AI nonprofit and how they could secure enough funds to meet their computing needs
 "Elon Musk weighed offering Sam Altman a Tesla board seat, jury told")
Elon Musk agrees to pay $1.5 million to settle SEC case over Twitter stake
An SEC spokesperson said the deal, if finalised, would be the largest penalty the agency has levied against an entity or individual for allegedly failing to file a beneficial ownership report on time
 "Elon Musk agrees to pay $1.5 million to settle SEC case over Twitter stake")
OpenAI prez Greg Brockman tells court his stake in firm is worth $30 bn
The civil lawsuit accuses Altman and Brockman of double-crossing Musk by straying from the San Francisco company's founding mission to be an altruistic steward of a revolutionary technology
 "OpenAI prez Greg Brockman tells court his stake in firm is worth $30 bn")