“In my opinion, 100%. It’s just a question of when,” says David Nicholson, chief technology advisor at market research firm The Futurum Group. During Tesla’s earnings call on Wednesday, Musk said he had nothing further to add about the prospect of a merger but quipped: “I feel like I’m tap-dancing through a minefield.” Musk said…
Tesla has unveiled an electric sports car that can drive upside down and use rocket-like thrusters to jump and turn mid-air. Developed with Elon Musk’s SpaceX, it can reportedly accelerate to 97km/h in under a second. First promised in 2017, the car is now expected in 2028. Published On 16 Oct 202616 Oct 2026 Share…
SpaceX founder Elon Musk has accused vested interests of blocking the launch of his company’s satellite internet service, Starlink, to protect their hold over consumers, calling it “a crime against the people of India” The country’s telecom and internet service market is dominated by billionaire Mukesh Ambani’s Jio and Sunil Mittal’s Airtel, with both companies…
This image provided by NASA-TV shows the SpaceX Dragon commercial cargo craft taken from Canadarm2’s video camera as Dragon approaches the International Space Station, Friday, May 25, 2012. In foreground is a portion of Canadarm2. Expedition 31 Flight Engineers Don Pettit and Andre Kuipers will use the Canadarm2 robotic arm to grapple the supply ship…
Elon Musk closes in on $1 trillion as SpaceX raises $75 billion. (Image created by GenAI with images by James Duncan Davidson | CC BY-NC 3.0 and SpaceX) Institutional investors piled into SpaceX, with demand for its stock at $135 a share – valuing the company at a world record listing price of $1.77 trillion…
SpaceX’s record US$75-billion public listing has made South African-born entrepreneur Elon Musk the world’s first dollar trillionaire – but US$1-trillion is a sum so gargantuan that it’s almost impossible to comprehend. How much is a trillion dollars? Let’s make it simple. Start with time. If US$1 equals one second, then a million seconds works out…
Musk is now worth $1.11tn according to the Bloomberg rich list, while SpaceX listed on the Nasdaq stock exchange with a value of $2.2tn.
Published On 20 May 202620 May 2026 SpaceX has taken off the wraps off its IPO filing, opening the books of the company that has already revolutionised rocket technology, with even larger ambitions to colonise Mars and build AI data centres in space. A successful sale could value the company at a record-setting $1.75 trillion, which…
A US federal jury in Oakland, California, has ruled against Elon Musk in his high-profile lawsuit against OpenAI. The unanimous verdict found the artificial intelligence organization not liable for allegations that it strayed from its founding mission to develop safe AI for the benefit of humanity. The jury deliberated for less than two hours before…
OpenAI CEO Sam Altman and Elon Musk during the trial. Manuel Orbegozo/Reuters A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the AI company not liable to the world’s richest man for having allegedly strayed from its original mission to benefit humanity. In a unanimous verdict, the jury in…
