Page 4 - Latest Updates on Elon Musk
Elon Musk drops fraud claims against OpenAI, Altman ahead of trial
US District Judge agreed to Musk's request to 'streamline' the case, leaving just two claims to proceed to trial of the 26 included in his November 2024 complaint
 "Elon Musk drops fraud claims against OpenAI, Altman ahead of trial")
At Elon Musk's SpaceX, AI is burning the cash that Starlink earns
While SpaceX's outlay is super-sized by most measures, it is dwarfed by Silicon Valley rivals
 "At Elon Musk's SpaceX, AI is burning the cash that Starlink earns")
Tesla boosts spending plan to $25 billion amid Musk's AI, robotics push
The investments will be put toward a dramatic expansion of factory operations, including production of its Optimus humanoid robot, artificial intelligence initiatives and the Cybercab autonomous car
 "Tesla boosts spending plan to $25 billion amid Musk's AI, robotics push")
Tesla to spend $3 billion on research chip factory, use intel tech
The research facility will be built on the electric-vehicle maker's existing Giga Texas campus, Musk said Wednesday during the company's quarterly earnings call
 "Tesla to spend $3 billion on research chip factory, use intel tech")
SpaceX IPO filing shows Elon Musk to retain control via supervoting shares
Though Musk was paid $54,080 last year, according to the excerpts, he stands to gain billions in equity after the company's stock market debut
 "SpaceX IPO filing shows Elon Musk to retain control via supervoting shares")
French prosecutors summon Musk over allegations of child abuse images on X
Musk was summoned after a search took place in February at the French premises of X as part of an investigation opened in January 2025 by the cybercrime unit of the Paris prosecutor's office
 "French prosecutors summon Musk over allegations of child abuse images on X")
Best of BS Opinion: Govt must build consensus for Constitutional amendments
From the setback to the women's quota Bill and rising fertiliser subsidies to tensions in the Strait of Hormuz, here is a curated selection of Business Standard's top Opinion pieces today
 "Best of BS Opinion: Govt must build consensus for Constitutional amendments")
The architecture of autonomy: How 'Muskism' is remaking the global order
A new book frames "Muskism" as a system blending tech power, state dependence and libertarian rhetoric, shaping a disruptive and unequal political economy
 "The architecture of autonomy: How 'Muskism' is remaking the global order")
Apple warned Musk's xAI of removing Grok from App Store over AI deepfakes
Apple reportedly found Grok in violation of its guidelines over sexualised deepfakes and asked for fixes, warning the app could be removed if issues were not addressed
 "Apple warned Musk's xAI of removing Grok from App Store over AI deepfakes")
Amazon's $11.6 bn deal with Globalstar ramps up rivalry with Elon Musk
The e-commerce giant has been trying for years to break into satellite services to gain new sources of growth beyond its enormous retail and cloud-computing businesses
 "Amazon's $11.6 bn deal with Globalstar ramps up rivalry with Elon Musk")
Amazon to buy Globalstar in $11.57 bn deal to rival Musk's Starlink
Amazon has been working to ramp up its network by deploying about 3,200 satellites in Earth's low orbit by 2029, with roughly half required to be in place by a July 2026 regulatory deadline
 "Amazon to buy Globalstar in $11.57 bn deal to rival Musk's Starlink")
Amazon nears deal to acquire Globalstar in push to rival Musk's Starlink
Globalstar's shares have almost quadrupled in the past year, giving the company a market value of about $9.4 billion
 "Amazon nears deal to acquire Globalstar in push to rival Musk's Starlink")
OpenAI accuses Elon Musk of 'ambush' as $100 billion-plus trial looms
OpenAI said the objectives Musk proposed earlier appear to be aimed at 'sandbagging the defendants and injecting chaos into proceedings, while trying to recast his public narrative about his lawsuit'
 "OpenAI accuses Elon Musk of 'ambush' as $100 billion-plus trial looms")
Elon Musk seeks ouster of OpenAI CEO Sam Altman in lawsuit escalation
Musk said in a court filing that the goal of his lawsuit is to 'unwind OpenAI's for-profit conversation and restructuring' which he said would involve removing Altman and Prez Greg Brockman
 "Elon Musk seeks ouster of OpenAI CEO Sam Altman in lawsuit escalation")
Intel joins Musk's Terafab AI chip project for robots, data centers
The company also posted a photo of CEO Lip-Bu Tan and Musk shaking hands, saying it hosted the world's richest man at its campus the past weekend.
 "Intel joins Musk's Terafab AI chip project for robots, data centers")
SpaceX targets record IPO with massive retail allocation, June roadshow
SpaceX plans $75 billion raise at up to $1.75 trillion valuation, with retail investors set to take an unprecedented share
 "SpaceX targets record IPO with massive retail allocation, June roadshow")
Big banks seeking a piece of spacex's IPO must subscribe to Musk's grok
Some of the banks have agreed to spend tens of millions on the chatbot, and they have already started integrating Grok into their IT systems
SpaceX targets more than $2 trillion valuation ahead of record-breaking IPO
At more than $2 trillion, SpaceX's valuation would increase by nearly two thirds in a matter of months
 "SpaceX targets more than $2 trillion valuation ahead of record-breaking IPO")
Tesla sales rise after year of Musk boycotts but still miss expectations
Tesla has had to contend with lower demand due to the September expiration of a $7,500 tax credit for EV buyers, a blow to sales across the industry
 "Tesla sales rise after year of Musk boycotts but still miss expectations")
Elon Musk, US SEC head toward trial over Twitter investor fraud case
US Securities and Exchange Commission sued Elon Musk, alleging he delayed disclosing a 5% stake in Twitter, costing shareholders over $150 million