Elon Musk

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

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

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

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

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

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

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

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

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?

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

Elon Musk-led Starlink continues to be in active discussion with the Indian government and has received encouraging feedback on its capabilities to advance India's connectivity goals, a senior official of the satellite firm said on Wednesday. Starlink has applied for a licence to start satellite communications services in India. The government has issued a letter of intent to the company and the final license is awaited. "Starlink remains in active and productive discussions with the Government of India contrary to misleading stories based upon unsubstantiated claims from anonymous sources. We have worked with the Government through all of the required regulatory and compliance processes in a transparent and responsible manner," Lauren Dreyer, Vice President, Starlink Business Operations, said on social media platform X. Her post came in response to a source-based report that claimed India has effectively frozen approvals for Starlink to begin commercial operations, citing concerns

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.

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

SpaceX IPO fever sparks global hunt for aerospace, satellite stocks

With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally

Gwynne Shotwell, the force behind SpaceX's rise and Musk's ambitions

As SpaceX prepares for a landmark IPO, president Gwynne Shotwell emerges as the executive who transformed Elon Musk's vision into a global space powerhouse

India's birth rate has fallen below replacement level, says Elon Musk

SpaceX CEO Elon Musk on Saturday noted that India's birth rate has fallen below replacement. "India's birth rate has fallen below replacement. Among those most educated, India's birth rate fell below replacement many years ago," the billionaire said in a post on X. Musk was quoting data by media outlet AF Post which said on the social media site that India's fertility rate has fallen below replacement for the first time in the country's history, "declining from a TFR (Total Fertility Rate) of 2.3 to 1.9 in just a decade. Delhi's fertility rate now sits at 1.2, lower than Finland's." AF Post cited a June 4 article from The Economist titled 'India's population will soon be falling-probably quite fast.' Last year, United Nations Population Fund (UNFPA) 2025 State of World Population (SOWP) Report said that India's total fertility rate has declined to 1.9 births per woman, falling below the replacement level of 2.1, which means that on average, Indian women are having fewer children th

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

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

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

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

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