A new report has claimed that Elon Musk’s company SpaceX is developing an artificial intelligence-powered smartphone, although Musk has denied the report. According to a report by The Wall Street Journal, the company has presented a prototype of the device to investors and shareholders. The report describes the prototype as a slim, smartphone-like device designed […]
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Elon Musk Loses $350 Billion in One Week as SpaceX Shares Fall
The world’s richest person, Elon Musk, has reportedly lost $350 billion in net worth within a single week. The sharp decline came after a significant drop in the value of shares of SpaceX. The Elon Musk wealth decline has attracted widespread attention across global financial markets. According to reports, Musk’s fortune fell as SpaceX shares […]
Musk predicts AI will surpass human intelligence soon
Tech billionaire Elon Musk has once again made bold predictions about the future of artificial intelligence (AI), saying the technology is advancing so rapidly that it could surpass overall human intelligence within the next few years. Responding to a user on social media platform X, Musk stated that AI is likely to move beyond human […]
Elon Musk’s AI chatbot Grok linked to US military strikes on Iran
WASHINGTON: Elon Musk’s AI chatbot Grok has been used by the United States military in operations against Iran, according to a legal filing submitted by the US government and reviewed by AFP. The disclosure emerged in a June 15 court brief defending the power supply of a major xAI data center that is facing an […]
SpaceX soars 23% in Wall Street debut and makes Elon Musk the first trillionaire
Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker´s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion. Forbes is now estimating Musk’s net worth at […]
Elon Musk edges closer to trillionaire milestone
Elon Musk has moved closer than ever to becoming the world’s first trillionaire after a dramatic surge in his wealth linked to the record-breaking public offering of SpaceX. According to recent estimates, Musk’s net worth soared by an unprecedented $274 billion in a single day, pushing his total fortune to approximately $971 billion. The sharp […]
SpaceX makes history with record $75 billion IPO
Elon Musk’s SpaceX has achieved a historic milestone by launching the largest initial public offering (IPO) in United States history, raising $75 billion and securing a market valuation of approximately $1.77 trillion. The aerospace and satellite technology company priced its shares at $135 each, selling more than 555 million shares in a landmark offering that […]
Report claims US plan to mark 2.7 million people as dead
A controversial report has alleged that a proposed plan in the US could falsely classify around 2.7 million living people as deceased, sparking political debate and concern over data use and immigration policy. Read More: Russia strikes near Polish border as Mariupol counts its dead According to the report cited in US Senate committee submissions, the […]
SpaceX launches ipo roadshow targeting record trillion valuation
SpaceX has officially launched its initial public offering roadshow, signaling the start of a major push toward what could become one of the largest public listings in corporate history. The company is reportedly targeting a valuation of around 1.75 trillion dollars as investor engagement begins. Elon Musk’s space technology company has also launched a dedicated […]
SpaceX Starship test flight achieves key milestones ahead of IPO
SpaceX completed a largely successful test flight of its next-generation Starship rocket on Friday, marking a key milestone as the company moves closer to a potential record-breaking initial public offering. The uncrewed mission, launched from Starbase, Texas, successfully deployed mock satellites and completed a controlled splashdown in the Indian Ocean, achieving most of its planned […]