Elon Musk

Democrat Senators ask Musk to preserve documents on Starlink in Ukraine

Democrats, who have gained at least eight seats in the Senate, have vowed to make the company's role in the war in Ukraine a key issue when the new Congress is seated in January

SpaceX to invest over $74 bn in Texas, Arizona supercomputing campuses

SpaceX has announced plans to invest more than USD 74 billion across two artificial intelligence supercomputing campuses in Texas and Arizona. In a statement issued on Thursday, SpaceX outlined an investment of over USD 24 billion for a supercomputing facility in Texas's Rio Grande Valley and roughly USD 50 billion for a separate campus in Cochise County, Arizona. According to the company, the two projects will rely on distinct power infrastructures. The Starbase facility in South Texas will generate its own electricity without drawing from the public grid, whereas the Arizona campus will collaborate with local electric cooperatives and could scale up to 6 gigawatts at full buildout. The Texas development covers approximately 444 acres between Boca Chica Boulevard and the Port of Brownsville, near Brownsville's landfill. A Starbase public hearing notice identifies Space Exploration Technologies Corp. as the owner and applicant for the gas-fired power plant and supercomputing ...

Elon Musk says it would be an honor to hire Nvidia's Jensen Huang

Musk's expression of support on X, in a response to a post urging him to recruit Huang, comes as Nvidia's board meets to consider a future without its founder

Tesla found liable for fraud over $110,000 solar roof that never worked

A California judge has found Tesla liable for fraud and negligent misrepresentation after a $110,000 Solar Roof installation remained unfinished, failed inspection and never generated electricity

SpaceX director Donald Harrison resigns from board a day after US election

Harrison, who joined SpaceX's board in 2015 as part of Google's investment, stepped down on November 4. The exit comes as independent directors of SpaceX and Tesla consider a potential merger

Tesla to wind down Cybertruck production by mid-2027 after weak sales

Tesla plans to wind down Cybertruck production by mid-2027 as weak sales, repeated recalls and regulatory hurdles weigh on the electric pickup, freeing capacity for its Cybercab robotaxi.

Tesla and SpaceX lose $130 billion as Democrats sweep Texas elections

Tesla and SpaceX shares fell 3.3% and 3.8%, respectively, wiping out nearly $130 billion in combined market value as Democratic victories in Texas raised political and regulatory risks for Elon Musk's

India and the battle for satellites: The race for wider connectivity

Sly innuendos aside, the recent social media exchanges involving Starlink make a case for harnessing satellites to roll out connectivity more evenly across India

Musk says SpaceX raised $40 bn in debt deal, predicts neocloud shakeout

Musk, in a post on X, attributed the successful debt raise to the company's investment-grade status and revenue from its Starlink satellite internet and launch businesses

Musk says he was behind Starlink speed curbs after Ukraine service restored

Ukraine's access to Starlink and Starshield satellite links has been restored to the speeds it had before restrictions that disrupted front-line operations for more than a week, Ukrainian President Volodymyr Zelenskyy said on Saturday. "The speeds are now where they need to be," Zelenskyy wrote on X, adding that restoration began overnight and were sufficient by Saturday morning, improving front-line logistics and defence against Russian jet-powered Shahed drones. Musk admits he was behind Starlink's speed restriction After Ukraine said the services had been restored, Elon Musk spoke out on the speed restrictions that began last week. In a post on Saturday on X, Musk acknowledged that his company, SpaceX, throttled the Starlink satellite internet service. "Using Starlink, a civilian commercial service, for offensive drone strikes to kill people has never been allowed, nor should it be," Musk wrote. "Ukraine military violated Starlink terms of service and used it for offensive drone

Ukraine says Starlink speed limits lifted after disruptions to military ops

Kyiv said Starshield connections were stable in overnight tests, with speed limits raised to above 400 kmph from 161 kmph in recent days, after disruptions to drone missions and military logistics

Musk's donations top $445 million in push for Republicans in US midterms

The world's richest person put $77 million into America PAC, Federal Election Commission filings show, in an effort to elect Republicans in November midterm contests

Trump says Musk restored Ukraine's Starlink access, dodges call question

Ukraine uses Starlink for battlefield communications and drone operations. Restricting the satellite service ​hampered the country's attack and air defence drone missions against Russia

Trump admin offers mixed messages on limits to Ukraine's Starshield access

Recent efforts to throttle Ukraine's access to satellite systems have created a blame game of sorts among Trump administration officials and their allies, who have offered mixed messages about what led to the sudden restrictions on Kyiv's ability to intercept Russian strikes. The limitations placed on Starshield -- SpaceX's military-grade version of the Starlink satellite internet service and the backbone of Ukraine's drone operations and communication -- last week alarmed the country's military and government officials, with commanders reporting lost drones and disrupted missions. After days of handwringing, President Donald Trump asserted on Thursday that the service is again running at full speed. The episode and subsequent lack of accountability have sent shock waves through Russia hawks and Ukraine's allies on Capitol Hill. Questions have percolated since last week about who ordered the interruptions to the Elon Musk-made satellite internet system that Ukraine has relied on for

Tesla cuts capex plan to $20 billion, raising doubts over AI ambitions

Tesla cut its annual capital expenditure plan to around $20 billion from over $25 billion, raising concerns about delays in Elon Musk's AI, robotaxi and humanoid robotics ambitions.

Tesla Q3 profit falls 44% as $1.5 bn free cash flow lifts investor outlook

Tesla reported a decline in profit for the latest quarter but a measure of cash its business generated surged, leaving investors with a mixed picture as it prepares for a possible merger with Elon Musk's other big company, SpaceX. The electric vehicle maker reported third-quarter net income of USD 787 million, or 22 cents per share, down 44 per cent from the year-earlier period. Excluding certain items, though, earnings per share of 48 cents beat Wall Street analyst expectations by 3 cents. One standout for the quarter was Tesla's USD 1.5 billion in free cash flow, a measure of cash generated after subtracting investments needed to keep the business running. Given big artificial intelligence spending, analysts had expected Tesla would report it had burned through cash, not generated it. "It seems Tesla is taking a more capital-efficient approach, delaying longer-term projects to be able to self-fund their AI growth," said Morningtar analyst Seth Goldstein, calling the cash jump the

Why Musk backs a $3.5 trillion Tesla-SpaceX merger and what it means

Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.

Musk ordered slowdown of Starlink service used by Ukraine's military

Ukraine uses Starlink ​for battlefield communications and drone ​operations. Restricting the satellite service hampered the country's attack and air defence drone ​missions against Russia

Tesla shareholders to vote on Musk's re-election, $158 bn pay on Dec 3

Tesla will hold its annual shareholder meeting on December 3, with votes on Elon Musk's re-election to the board, his reported 2025 compensation and the company's auditor

Elon Musk says he will gift SpaceX shares to 'every kid in America'

It's not clear how such share contributions would work, and Musk did not elaborate on his donation plans