Space exploration and satellite internet company whose IPO in June 2026 elevated founder Elon Musk to trillionaire status.
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The Standard
… Over three days of testimony last week, Musk portrayed himself as a selfless early supporter of OpenAI, saying he contributed $38 million between 2016 and 2020 before being sidelined.The head of SpaceX and Tesla argued that he wanted to counterbalance Google's dominance and ensur …
Musk vs OpenAI trial enters second weekElon 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.
10 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.
10 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.
12 June 2026 · 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 →