Elon Musk

OpenAI, xAI, Google sued for training chatbots with 'pirated books'

The lawsuit, filed by an author-journalist, alleged that the companies copied and used protected literary works to develop large language models that power commercial chatbots

Nato intel suspects Russia developing weapon to target Starlink satellites

Two NATO-nation intelligence services suspect Russia is developing a new anti-satellite weapon to target Elon Musk's Starlink constellation with destructive orbiting clouds of shrapnel, with the aim of reining in Western space superiority that has helped Ukraine on the battlefield. Intelligence findings seen by The Associated Press say the so-called zone-effect weapon would seek to flood Starlink orbits with hundreds of thousands of high-density pellets, potentially disabling multiple satellites at once but also risking catastrophic collateral damage to other orbiting systems. Analysts who haven't seen the findings say they doubt such a weapon could work without causing uncontrollable chaos in space for companies and countries, including Russia and its ally China, that rely on thousands of orbiting satellites for communications, defence, and other vital needs. Such repercussions, including risks to its own space systems, could steer Moscow away from deploying or using such a weapon,

Elon Musk becomes first in world to get past $700 bn after Tesla pay ruling

The Delaware Supreme Court reinstated Tesla stock options worth $139 billion, lifting Musk's fortune to a record $749 billion and cementing his lead over the world's other billionaires

Tesla CEO Musk recovers $55 billion pay package in Delaware court ruling

Elon Musk, already the world's richest man, scored another huge windfall Friday when the Delaware Supreme Court reversed a decision that deprived him of a USD55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to steer the automaker to new heights. Besides padding Musk's current fortune of USD 679 billion, the restoration of the 2018 pay package vindicates his long-held belief that the Delaware legal system had overstepped its bounds in January 2024 when Chancellor Kathaleen St Jude McCormick rescinded the compensation in a case brought by a disgruntled Tesla shareholder. Tesla didn't immediately respond to a request for comment late Friday. McCormick's ruling so incensed Musk that it spurred him to spurn Delaware and reincorporate Tesla in Texas. That decision also caused Tesla's board to scramble for ways to keep its CEO happy, including a successful effort to persuade the company's shareholders to reaffirm the pay package, which was valued at USD 44.9

In rare space mishap, Musk's Starlink loses contact with satellite in orbit

SpaceX says a Starlink satellite suffered an in-orbit anomaly, lost communications and vented propellant, releasing debris as it dropped altitude; it will re-enter within weeks

$600 bn and counting: Elon Musk now richer than Bezos, Zuckerberg combined | World's richest people

Elon Musk has become the richest person the world has ever seen. His net worth has surged past $600 billion, driven largely by SpaceX’s soaring valuation and IPO buzz.

Top Trump aide says he has 'alcoholic's personality'; US President responds

In a Vanity Fair interview, White House Chief of Staff Susie Wiles suggested that Elon Musk is a 'drug user', and called US Vice President Vance a 'conspiracy theorist'

Musk's worth soars past $600 bn; richer than Bezos, Zuckerberg combined

Forbes' Real-Time Billionaires tracker showed Elon Musk's net worth climbing past $684 bn, a milestone no one has previously reached, after reports said SpaceX was preparing for a public listing

SpaceX prepares for IPO, insider share sale sets $800 billion valuation

In the letter dated December 12, Johnsen said SpaceX has approved an arrangement where new and existing investors and the company will buy up to $2.56 billion of shares from eligible shareholders

Elon Musk's Mars mission adds risk for investors to red-hot SpaceX IPO

Musk has always maintained that sending humans to Mars was his lifelong ambition

Musk's SpaceX to raise over $25 billion, plans IPO in 2026: Report

SpaceX has started discussions with banks about launching the offering around June or July, the person said, requesting anonymity to discuss confidential information

Starlink moves closer to India launch: What we know so far

Elon Musk’s Starlink is gearing up to enter India’s internet market with satellite-based services. Here’s a clear, concise breakdown of the regulatory status, expected pricing, competition.

How much will Starlink's monthly retail plans cost in India? Details here

Starlink plans to roll out satellite internet in India with retail plans targeting rural, maritime, aviation, and enterprise sectors after securing licences and regulatory approvals

Elon Musk calls for abolishing the EU after the bloc fined X for $140 mn

On December 5, the European Union issued a ruling against X, following a two-year investigation under the Digital Services Act (DSA), adopted in 2022 to regulate online platforms

Starlink yet to unveil India pricing, working to secure final govt approval

Experts say tariff for Indian residential users not aimed at mass market, unlikely to impact telcos

Starlink unveils monthly home plan pricing in India: Here's the breakdown

Starlink has announced monthly pricing for its residential subscription plan in India, signalling that the satellite broadband service is inching closer to rollout pending final regulatory approvals

SpaceX to offer insider shares at record-setting valuation of up to $800 bn

The latest figure would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion

EU fines Musk's X €120 mn as clash with US over free speech rules deepens

In doling out the first ever penalty under the Digital Services Act, the European Commission concluded that X's paid-for blue tick symbol misled users

Did Altman eye a SpaceX rival? What we know about the Stoke Space talks

Sam Altman explored investing in rocket maker Stoke Space, a move that would have placed him in direct competition with Elon Musk's SpaceX, but the talks stalled

'US benefited from talented Indians': Elon Musk on Nikhil Kamath's podcast

Speaking on Nikhil Kamath's podcast, Elon Musk said that while the H-1B visa programme has supported innovation in the US, certain companies have taken advantage of it