Space exploration and satellite internet company whose IPO in June 2026 elevated founder Elon Musk to trillionaire status.
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Capital News
NEW YORK, United States, Jun 13 — Elon Musk on Friday became the world’s first trillionaire after shares in his SpaceX rocket company soared during the biggest-ever stock market debut. …
Musk becomes world’s first trillionaire as SpaceX IPO soars in record-breaking Nasdaq debutCitizen Digital
SpaceX IPO makes Elon Musk the world's first trillionaire By Reuters June 12, 2026 08:12 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter (FILES) Elon Musk looks on during a news conference with US President Donald Trump in …
SpaceX IPO makes Elon Musk the world's first trillionaireCitizen Digital
… Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline customers globally so far in 2026, after 22 in 2025 and eight in 2024, compared with three in 2022, according to Valour Consultancy, …
Musk's Starlink leads Bezos' Amazon as airlines rush to boost in-flight Wi-FiCitizen Digital
… Both companies appear set to follow Musk's SpaceX to Wall Street. SpaceX, which absorbed Musk's xAI lab, could see shares begin trading as early as Friday, targeting a valuation of roughly $1.75 trillion in what would be the largest IPO in history. …
OpenAI makes move to go public one week after rival AnthropicThe Standard
… d she was "just one of the thousands of women and even children who have been the victim of abusive and sexualised AI deepfakes"."This should never have happened -- and xAI must be held accountable," she posted Wednesday on X, the social media platform also owned by Musk's SpaceX …
UK MP sues Musk's xAI over fake sexualised imagesCitizen Digital
Will SpaceX IPO make Elon Musk a trillionaire? By AFP June 03, 2026 07:16 (EAT) Add as a Preferred Source on Google Follow us Follow on Whatsapp Follow on Google Follow on Twitter Elon Musk looks on as US President Donald Trump speaks at the US-Saudi Investment Forum at the John …
Will SpaceX IPO make Elon Musk a trillionaire?Citizen Digital
… Musk, the chief executive of both SpaceX and Tesla, had sued OpenAI over its transformation from a scrappy nonprofit into the $850 billion juggernaut behind ChatGPT. …
Musk loses blockbuster OpenAI suit as jury says too lateCitizen Digital
… Musk, the founder of Tesla and SpaceX, alleges that Altman and co-founder Greg Brockman misappropriated his $38 million donations when OpenAI abandoned its original nonprofit and philanthropic mission to become the for-profit giant behind ChatGPT. …
Sam Altman to testify at California tech titan trialCitizen Digital
… The Tesla and SpaceX founder is calling for OpenAI to revert to its original status as a nonprofit -- a move that would impact its position in the global artificial intelligence race against Anthropic, Google and China's Deepseek. …
Microsoft boss to testify on his role in OpenAI's foundingThe Standard
… The company is also partnering with Elon Musk’s SpaceX to introduce Starlink Direct-to-Cell satellite connectivity across its 14 markets, including Kenya – a move that could extend its reach into rural areas where internet coverage remains patchy. …
Airtel takes on Safaricom with Sh5.6b data centreElon Musk reached a net worth of $1.11 trillion after SpaceX's record-breaking Nasdaq debut, with the company valued at $2.2 trillion and shares opening at $150 each, raising $75 billion in its initial public offering.
9 hours ago · Capital News →
Elon Musk reached a net worth of $1.11 trillion after SpaceX's record-breaking Nasdaq debut, with the company valued at $2.2 trillion and shares opening at $150 each, raising $75 billion in its initial public offering.
9 hours ago · Capital News →
Elon Musk has become the world's first trillionaire following a SpaceX IPO. The article notes his prominence in popular culture and discusses both his loyal following and criticism regarding his wealth, business governance, and political interventions.
23 hours ago · Citizen Digital →
Airlines are increasingly adopting satellite broadband for premium in-flight Wi-Fi. Starlink has signed up 11 new airline customers globally in 2026, outpacing Amazon's Leo satellite network, which has secured deals with Delta Air Lines and JetBlue Airways.
10 June 2026 · Citizen Digital →
OpenAI has confidentially submitted an S-1 registration statement to US securities regulators, following Anthropic's similar filing the previous week. Both companies are seeking to raise capital for expansion, though OpenAI said it has not decided on timing for any potential debut.
9 June 2026 · Citizen Digital →
Jess Asato has filed a High Court claim against Elon Musk's xAI after its Grok chatbot was used to create fake sexualised images of her. Asato said she is "one of thousands of women and even children" harmed by abusive AI deepfakes created with Grok's image generation feature.
4 June 2026 · The Standard →
Forbes estimates Elon Musk's net worth at nearly $835 billion, and his wealth could exceed $1 trillion when SpaceX makes its stock market debut around June 12, with the company valued between $1.7 trillion and $2 trillion.
3 June 2026 · Citizen Digital →
A federal jury ruled that billionaire Elon Musk waited too long to sue OpenAI and its co-founders, finding his claims barred by statutes of limitations. The decision ended a three-week trial in which Musk argued that OpenAI's shift to a profit-driven model violated its original nonprofit mandate.
19 May 2026 · Citizen Digital →
OpenAI CEO Sam Altman was expected to take the stand in a California civil trial brought by Elon Musk, who alleges that Altman and co-founder Greg Brockman misappropriated his $38 million donations when OpenAI shifted from nonprofit to for-profit status. Musk is calling for OpenAI to revert to nonprofit status, while OpenAI contends that Musk's motivation is revenge after failing to gain majority control.
13 May 2026 · Citizen Digital →
Microsoft CEO Satya Nadella is expected to testify in Elon Musk's lawsuit against OpenAI regarding Microsoft's funding of OpenAI's shift from a nonprofit to a for-profit company. Musk accuses OpenAI of abandoning its original nonprofit mission and misusing his $38 million in founding donations.
11 May 2026 · Citizen Digital →
Airtel Africa is building a $44 million hyperscale data centre in Nairobi with 44 megawatts capacity, expected to be the largest in East Africa and due to go live in the first quarter of 2027. The facility is part of Airtel's strategy to challenge Safaricom's dominance in enterprise and cloud services.
10 May 2026 · The Standard →
Elon Musk's federal lawsuit against OpenAI, seeking to force the AI company to revert to a non-profit foundation, enters its second week with testimony from OpenAI co-founder Greg Brockman scheduled for Monday in Oakland. Musk testified last week that he contributed $38 million to OpenAI between 2016 and 2020 as a counterbalance to Google's dominance and to keep transformative AI technology free from profit-driven pressures.
4 May 2026 · The Standard →