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…
The two entrepreneurs represent distinct forms of business leadership, and governments must create the conditions for both to thrive. Africa’s development debate often pits traditional industrialisation through factories, refineries and ports against leapfrogging to a digital, technology-led future. The careers of two very different businessmen suggest this is a false choice. Aliko Dangote and Elon…
Dario Amodei, co-founder and chief executive officer of Anthropic, during an interview on “The Circuit with Emily Chang” at Anthropic’s headquarters in San Francisco, California, US, on Thursday, April 30, 2026. Jason Henry | Bloomberg | Getty Images OpenAI CEO Sam Altman now says his company will not go public this year, citing growing concerns…
South African Elon Musk is the first person to be worth more than $1 trillion. (Graphic by Nicola Mawson, with images from Daniel Oberhaus and SpaceX) Pretoria-born Elon Musk has become the first person in the world to be worth more than $1 trillion after SpaceX’s share price gained 25.38% almost overnight to hit a…
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…
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. Shelby Tauber/Reuters OpenAI CEO Sam Altman on Tuesday rejected Elon Musk’s claim that he betrayed the ChatGPT maker’s founding mission to serve the public good, and said it was Musk who was interested in seizing control of OpenAI and making money from it. In an August 2024 lawsuit, Musk accused Altman…
Microsoft CEO Satya Nadella took the stand in the Musk v. Altman trial on Monday, where he testified that Elon Musk never contacted him with concerns that Microsoft’s investments in OpenAI were in violation of any special terms or commitments. Nadella, wearing a navy suit with a blue tie, concluded his testimony in federal court…
