Elon Musk becomes world's first trillionaire as SpaceX soars in stock market debut
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.
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Elon Musk’s SpaceX unveils filing for blockbuster IPO | Elon Musk News
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…
Jury rules against Elon Musk in high-stakes OpenAI lawsuit
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…
Sam Altman denies betraying Elon Musk
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…
Nadella says Musk never asked him about Microsoft deals
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…
Bandwidth Blog & Smile 90.4FM Tech Tuesday: Musk and Intel partnership?
Intel has announced a strategic partnership to help Elon Musk design and construct his ambitious Terafab in Austin, Texas. The facility is a joint venture between Musk’s various enterprises, including Tesla, SpaceX, and xAI, dedicated to manufacturing the specialized hardware required for large-scale AI projects. Read: Intel partners with Elon Musk to build Terafab AI…
Musk claims paternity of OpenAI
Elon Musk reacts at a federal courthouse during a recess of the trial. Manuel Orbegozo/Reuters Elon Musk took the stand on Tuesday at a high-stakes trial over the future of OpenAI, casting his lawsuit against the ChatGPT maker as a defence of charitable giving. The world’s richest person is suing OpenAI, its co-founder and its…
Musk accuses Altman of stealing a charity as courtroom battle begins
The case over OpenAI’s history and public commitments could have major implications for the future of AI.
Greg Brockman’s diary takes centre stage in Musk vs OpenAI
The bitter legal fight between Elon Musk and the leading AI firm, OpenAI, led by Sam Altman, may come down to a few pages in one executive’s personal diary. “This is the only chance we have to get out from Elon,” wrote Greg Brockman, OpenAI’s president and a co-founder, in 2017. “Is he the ‘glorious…
Musk hurls expletives at senior SA diplomat in Starlink row
SpaceX CEO Elon Musk has attacked South Africa’s head of public diplomacy, Clayson Monyela SpaceX CEO Elon Musk has called a senior South African government official “a fucking racist” and an “asshole” in the latest escalation of his long-running public dispute with Pretoria over the licensing of his Starlink satellite broadband service. The exchange, which…