Page 3 - Elon Musk

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

My partner is half-Indian, son's middle name honours S Chandrasekhar: Musk

SpaceX CEO Elon Musk said his partner Shivon Zilis is half-Indian and one of their children's middle name is Sekhar' after the Nobel laureate Subrahmanyan Chandrasekhar. One of my sons with her is, his middle name is Sekhar, after Chandrasekhar, Musk said in an interview with investor and entrepreneur Nikhil Kamath on his show People by WTF'. S Chandrasekhar was a renowned Indian-American astrophysicist who was awarded the Nobel Prize in Physics in 1983 for his theoretical studies of the physical processes of importance to the structure and evolution of the stars. When asked if Zilis had spent any time in India, Musk said she was given up for adoption when she was a baby and grew up in Canada. "I think her father was like an exchange student at the university, or something like that. I'm not sure of the exact details, but, just kind of thing where I don't know... she was given up for adoption, he said. Musk has four children with Zilis - twins Strider and Azure, a daughter Arcadia

Tesla chooses suppliers based on quality, not country, says executive

Tesla's procurement decisions are based on quality, total cost, technical maturity and the continuity of long-term supply, Grace Tao, a Tesla vice president in China, wrote on Weibo

Trump admin fights attempt to get Elon Musk's testimony in DOGE case

The Justice Department has asked a federal judge in Maryland to block depositions of Musk and two former senior USAID officials, according to a recent court filing

Delhi HC grants interim relief to Musk-owned Tesla in infringement case

Musk's Tesla had moved the Delhi High Court in May 2024 to restrain Gurugram-based Tesla Power India from using the Tesla trademark for their electric vehicles

Decoded: Why Trump's DOGE office ended 8 months ahead of schedule

The Trump administration has shut down its Department of Government Efficiency, with officials confirming the unit no longer exists, even though it was meant to run for eight more months

Elon Musk, Jensen Huang to talk AI at US-Saudi investment forum

The event is planned for the day after Saudi Crown Prince Mohammed bin Salman, widely known by his initials MBS, met with President Donald Trump at the White House

Elon Musk's xAI in advanced talks to raise $15 bn at $230 bn valuation

The details of the fundraising were shared by Musk's wealth manager Jared Birchall, but it isn't clear whether the valuation number is before or after the new funding comes in