… The Asian giant may now be in a position to challenge US dominance in reusable rockets, which until now has been led by Elon Musk's SpaceX and Jeff Bezos's Blue Origin. …
… A close ally of President Donald Trump, Musk folded xAI into his space exploration company SpaceX in February, which carried out the largest IPO in history on June 12.
… Wall Street indexes jumped, led by the tech-heavy Nasdaq, where SpaceX climbed a further eight percent after the blockbuster $75 billion IPO for Elon Musk's rockets-to-AI firm. …
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk during a visit to the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. …
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. …
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 …
… 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, …
… Both companies appear set to follow Musk's SpaceX to Wall Street. SpaceX, which absorbed Musk'sxAI 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. …
… 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 …
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 …
China successfully landed a reusable Long March-10B rocket for the first time on Friday, according to its space agency, marking a major step in its space ambitions and in reducing launch costs. The first stage was recovered via a net-capture system on a seaborne platform after the rocket placed a satellite into orbit from Hainan.
China successfully landed a reusable Long March-10B rocket for the first time on Friday, according to its space agency, marking a major step in its space ambitions and in reducing launch costs. The first stage was recovered via a net-capture system on a seaborne platform after the rocket placed a satellite into orbit from Hainan.
The US Department of Justice revealed in a legal briefing that Elon Musk's AI tool Grok was used in strikes against Iran. The disclosure came in defense of gas turbines powering xAI's data center, which is the subject of an environmental lawsuit; federal prosecutors cited Pentagon AI chief Cameron Stanley's testimony that Grok is already in use within Project Maven, the US military's AI-assisted targeting program.
Oil prices dropped towards $80 a barrel and global stock markets rallied after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz, which had been effectively closed by Tehran since US and Israeli strikes in late February.
A comparison of Elon Musk's trillionaire status with Kenya's national budget, highlighting the vast disparity in wealth as Treasury Cabinet Secretary John Mbadi presented the budget in Parliament, which will shape pricing of food, fuel, and public services in the coming year.
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.
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.
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.
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.
Jess Asato has filed a High Court claim against Elon Musk'sxAI 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.
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.
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.
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.
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.
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.
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.