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Donald Trump Purchased Shares in Elon Musk's SpaceX in June
BusinessReutersBarron'sSCMP+5aktualne-czYahoorolling-stonechannel-news-asiainvesting-com2h ago8 sources

Donald Trump Purchased Shares in Elon Musk's SpaceX in June

Financial disclosures reveal that former President Donald Trump bought shares in Elon Musk's aerospace company, SpaceX, in June. This investment was made public through official financial filings.

Ukraine Seeks Starlink for Strikes Against Russia
Worldlsm-lvbalkan-web3d ago2 sources

Ukraine Seeks Starlink for Strikes Against Russia

Ukraine has reportedly asked Elon Musk to allow the use of Starlink for strikes against targets in Russia. Kyiv is seeking assistance to utilize the satellite internet service for offensive military operations.

China's SpaceSail Secures $1 Billion Funding to Rival Starlink
BusinessSCMP4d ago

China's SpaceSail Secures $1 Billion Funding to Rival Starlink

Chinese start-up SpaceSail has raised approximately 7 billion yuan (US$1 billion) in a record funding round for China's satellite internet sector. This investment will accelerate the development of its low-Earth-orbit network, aiming to compete with Elon Musk's Starlink.

Cognition CEO Denies SpaceX Acquisition Attempt
TechnologyYahoo5d ago

Cognition CEO Denies SpaceX Acquisition Attempt

The CEO of Cognition has publicly denied reports suggesting that Elon Musk's aerospace company, SpaceX, attempted to acquire the startup. This statement addresses recent speculation regarding a potential corporate takeover.

Investors Undecided on SpaceX's IPO Classification
BusinessmarketwatchYahoo6d ago2 sources

Investors Undecided on SpaceX's IPO Classification

Two months after its IPO, investors are still debating whether SpaceX should be classified as an AI play or a space stock. Prediction markets also suggest that Anthropic could potentially surpass SpaceX for the largest IPO in 2026.

Retail Investors Sell SpaceX Shares for First Time Since Debut
Technologycyprus-mail6d ago

Retail Investors Sell SpaceX Shares for First Time Since Debut

Retail investors, who had previously supported SpaceX through its post-IPO run, became net sellers on Friday, marking the first instance of such activity since the company's blockbuster debut in June. Mom-and-pop traders sold a net $4.5 million in Elon Musk’s rocket company shares.

DOGE's Impact on US Environmental Intelligence
Businessforbes7d ago

DOGE's Impact on US Environmental Intelligence

An article highlights how Elon Musk’s DOGE initiative led to staffing and budget cuts at NOAA and the National Weather Service, leaving critical sectors like fishing, farming, and insurance exposed.

Elon Musk's Stake in SpaceX Revealed to Be 48.4%
Technologydie-presseseeking-alpha10d ago2 sources

Elon Musk's Stake in SpaceX Revealed to Be 48.4%

A recent filing has disclosed that Elon Musk holds a 48.4% stake in his aerospace company, SpaceX. This information clarifies the extent of his ownership in the private space exploration firm.

Elon Musk's Plans for World's Largest Building
Businessfaz11d ago

Elon Musk's Plans for World's Largest Building

Elon Musk is reportedly planning the construction of the world's largest building, as part of broader business news updates that also touched on Meta's legal challenges, Hapag-Lloyd's navigation through crises, and Roger Federer's financial status.

Elon Musk's Companies Advance Solar and AI Initiatives
TechnologyBusiness InsiderobservadorTimes of India11d ago3 sources

Elon Musk's Companies Advance Solar and AI Initiatives

Tesla has unveiled new solar plans aimed at expanding US panel capacity, while Elon Musk has instructed SpaceX employees to take ownership of AI development. Separately, SpaceX has reserved a palace for an eclipse viewing, though Musk himself will not be attending.

Lerma Awaits Elon Musk's Appearance
Businessla-vanguardia12d ago

Lerma Awaits Elon Musk's Appearance

The Spanish town of Lerma is anticipating the arrival of Elon Musk, as SpaceX reserved the city's national parador eighteen months ago for these days.

Elon Musk Blocks Ukraine's Starlink Use for Deep Strikes into Russia
Worldukrainska-pravdadelfi-ltdigi24+3il-sole-24-orebalkan-webkyiv-independent16d ago6 sources

Elon Musk Blocks Ukraine's Starlink Use for Deep Strikes into Russia

Elon Musk has reportedly refused to allow Ukraine to use the Starlink satellite network for deep strikes into Russian territory. This decision comes as Ukraine's President Zelensky expresses satisfaction with the country's 40-day campaign and hints at further strikes on Russian logistics.

Ukraine Again Asks Elon Musk for Help
Technologyel-mundo17d ago

Ukraine Again Asks Elon Musk for Help

Ukraine has once again appealed to Elon Musk for assistance, specifically in its efforts to destroy Russian missile launchers, though the Starlink creator has not committed to support.

Rupert Lowe's Earnings from X for Divisive Posts Match MP Salary
TechnologyThe Guardian7h ago

Rupert Lowe's Earnings from X for Divisive Posts Match MP Salary

Rupert Lowe, leader of Restore Britain, is reportedly earning as much from the social media platform X (formerly Twitter) for divisive posts as he does from his salary as a Member of Parliament. Critics argue that the platform financially incentivizes inflammatory content.

Federal Judge Strikes Down Trump Administration's 75-Country Visa Ban
WorldAPReutersbloomberg+64NYTwsjFTwapoNPRAl JazeeraCNNFox News+56 more2d ago67 sources

Federal Judge Strikes Down Trump Administration's 75-Country Visa Ban

A federal judge ruled that the Trump administration's visa ban on 75 countries was illegal, striking down the policy. This decision comes amidst other developments including Trump's warning about impeachment if Republicans lose the midterm elections and new tariffs on Canada.

SpaceX Starship Tower Catch Update and Falcon 9 Moon Crater Images Released
WorldTimes of Indiaklix-ba3d ago2 sources

SpaceX Starship Tower Catch Update and Falcon 9 Moon Crater Images Released

Elon Musk has provided an update on the first-ever SpaceX Starship upper stage tower catch, while NASA has released images of a new crater on the Moon created by a falling SpaceX Falcon 9 rocket. These events highlight both the advancements and unintended consequences of SpaceX's ambitious space endeavors.

Elon Musk Pitches Starlink for Rural India Amidst Stalled Launch
TechnologybloombergBusiness InsiderTimes of India+3hindustan-timesmoneycontroltimes-of-oman3d ago6 sources

Elon Musk Pitches Starlink for Rural India Amidst Stalled Launch

Elon Musk is actively promoting Starlink's satellite internet services for rural India, emphasizing its potential to help underserved communities, despite the project's stalled launch in the country.

Trump Considers Declaring Strait of Hormuz US Territory
PoliticsBBCbloombergNYT+78wapoThe GuardianNPRAl JazeeraFox Newsyle-uutisetcbccnbc+70 more9d ago81 sources

Trump Considers Declaring Strait of Hormuz US Territory

President Trump has stated his intention to declare the Strait of Hormuz as US territory "pretty soon," a move that has drawn strong reactions from Iran. This declaration follows heightened tensions in the region and could significantly escalate the conflict.

Poland Demands Equal Starlink Treatment from Elon Musk
Politicsrzeczpospolitatvn24delfi-lt12d ago3 sources

Poland Demands Equal Starlink Treatment from Elon Musk

Polish Vice-Premier Gawkowski has demanded equal treatment from Elon Musk regarding Starlink services, following concerns about a 'gray zone' market for Starlink terminals in Poland. Poland asserts it is not a second-category market for the satellite internet provider.

TikTok Settles Children's Privacy Lawsuit for $400 Million
PoliticsBBCFox Newsle-figaro+15telexdie-pressehvgfortuneobservadorYahoola-vanguardiaseeking-alpha+7 more2d ago18 sources

TikTok Settles Children's Privacy Lawsuit for $400 Million

TikTok has agreed to pay a $400 million settlement to the US Department of Justice to resolve a lawsuit alleging the platform violated children's privacy by collecting their personal data without consent. This settlement addresses concerns about the unauthorized collection of online personal information from minors.

BusinessFT5d ago

FTAV's Further Reading Covers Diverse Topics

The Financial Times Alphaville's 'further reading' section includes articles on carrion-eaters, a pervert glass patent, Spirit's emails, and a dispute between Elon Musk and Cards Against Humanity.

Billionaire Founder Predicts Space Living and Moon Commutes by 2030
BusinessfortuneYahoo7d ago2 sources

Billionaire Founder Predicts Space Living and Moon Commutes by 2030

A billionaire founder, aligning with figures like Elon Musk, Sam Altman, and Jeff Bezos, predicts that humanity will be living and working in space, with the possibility of commuting to the moon, by 2030. This vision underscores a growing belief in the imminent expansion of human activity beyond Earth.

Elon Musk Barred From Selling SpaceX Stock Until 2027
Technologyglobe-and-mailYahoo8d ago2 sources

Elon Musk Barred From Selling SpaceX Stock Until 2027

Elon Musk is reportedly unable to sell his SpaceX shares until June 2027, though a significant number of additional shares could enter the market before then. This restriction impacts Musk's personal liquidity from his stake in the aerospace company.

Economist Maximilian Kasy discusses AI and market regulation
Politicsfaz8d ago

Economist Maximilian Kasy discusses AI and market regulation

Economist Maximilian Kasy advocates for demystifying Artificial Intelligence and fostering a more objective debate. He discusses mathematics, AI as a tool of power, and expresses skepticism about the market's ability to regulate it, suggesting it shouldn't be left to figures like Mark Zuckerberg and Elon Musk.

Trump's Strait of Hormuz Claim Draws Iranian Rebuke
PoliticsbloombergNYTFox News+57cnbcruvder-spiegelle-figarolsm-lvSCMPFrance 24irozhlas+49 more9d ago60 sources

Trump's Strait of Hormuz Claim Draws Iranian Rebuke

Donald Trump's assertion that he would declare the Strait of Hormuz a US territory has been met with a defiant response from Iran, which stated the strait "was and will remain Iranian." This comes amidst rising tensions and reports of attacks on Emirati oil tankers in the region.

Nvidia Discloses $21 Billion Stake in SpaceX
BusinessbloombergFTcnbc10d ago3 sources

Nvidia Discloses $21 Billion Stake in SpaceX

Nvidia has revealed a significant $21 billion investment in Elon Musk's aerospace company SpaceX, as detailed in its latest 13F filing for the second quarter. This disclosure highlights Nvidia's substantial portfolio holdings, which also include a $30 billion stake in Intel shares.

Elon Musk's X to Make Algorithm Code Visible to Users
Technologyberlingske10d ago

Elon Musk's X to Make Algorithm Code Visible to Users

Elon Musk's social media platform X (formerly Twitter) plans to allow users to view the underlying code of its algorithm, particularly concerning content like violence and nudity. Experts view this as a positive initial step towards transparency.

Tesla Ends Three-Year Swedish Strike by Buying Out Union Workers
Politicsle-mondedr-dknrk+12yle-uutisetaftonbladetberlingskele-figarosvenska-dagbladetrzeczpospolitatvn24de-volkskrant+4 more10d ago15 sources

Tesla Ends Three-Year Swedish Strike by Buying Out Union Workers

Tesla has ended a nearly three-year strike in Sweden by reportedly buying out the remaining union workers, a move described by some as an unprecedented resolution to a labor dispute. The long-running conflict saw the company resist signing a collective bargaining agreement.

SpaceX Stock Surges After First Lockup Expiry
BusinessbloombergYahoozerohedge11d ago3 sources

SpaceX Stock Surges After First Lockup Expiry

SpaceX stock has surged following its first lockup expiry, with the company's valuation rallying to $500 billion. This performance comes after Elon Musk reportedly taunted short sellers.

Elon Musk Reveals Grok Bot Will Be Trained on SpaceX Data
BusinessBusiness Insiderindian-express12d ago2 sources

Elon Musk Reveals Grok Bot Will Be Trained on SpaceX Data

Elon Musk announced that his Grok bot will be trained on all of SpaceX's data, stating it will inherit the thoughts and ideas of the company's staff. This move aims to differentiate Grok from other AI models like Claude Cowork.

Profile of Revolut CEO Nik Storonsky
Businessle-figaro13d ago

Profile of Revolut CEO Nik Storonsky

A profile piece on Nik Storonsky, the Russian-born founder of neobank Revolut, details his demanding leadership style and admiration for Elon Musk as he leads the company's global banking expansion.

Microsoft Plans to Boost AI Chip Production, Unveil Maia 300 Next Month
BusinessbloombergmarketwatchYahoo+2channel-news-asiaseeking-alpha14d ago5 sources

Microsoft Plans to Boost AI Chip Production, Unveil Maia 300 Next Month

Microsoft is reportedly planning to significantly boost its AI chip production and is expected to unveil its new Maia 300 AI chip as early as next month. This move aligns with the company's efforts to enhance its AI capabilities and support its AI chip design tools.

Jim Cramer and Kevin O'Leary Discuss Investing in SpaceX
BusinessYahoo15d ago

Jim Cramer and Kevin O'Leary Discuss Investing in SpaceX

Jim Cramer highlighted the most important aspect of investing in SpaceX, while Kevin O'Leary, who missed the IPO, is now planning his entry as the stock settles. Both investors are closely watching Elon Musk's growing empire and its investment opportunities.

Elon Musk Attacks French Green Politician Marine Tondelier
Worldindex-hr17d ago

Elon Musk Attacks French Green Politician Marine Tondelier

Elon Musk has publicly called for French politician Marine Tondelier to be 'silenced' following her statements regarding network shutdowns during elections. The incident has sparked a debate about foreign interference in French politics.