Musk pledges $10bn in SpaceX shares for US children: Who really gains?
The pledge, which Trump says will go through tax-friendly 'Trump accounts', comes two weeks before the US midterms.
International news in seven languages
Topic
The pledge, which Trump says will go through tax-friendly 'Trump accounts', comes two weeks before the US midterms.
As SpaceX reports blockbuster quarterly earnings, CEO Elon Musk floats the possibility of merging the rocketry and AI firm with his electric car company Tesla. Also in this edition: OpenAI reveals more agent misbehaviour as market turmoil hits data centre companies, and France's political crisis exacerbates its bond market rout.
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
Musk and President Donald Trump have both recently criticized Ukrainian President Volodymyr Zelenskyy, who has also flagged disruptions in U.S. intel sharing.
Musk confirmed the long standing speculation of a possible merger between Tesla and SpaceX but warned that it would be premature to assume it is happening for sure.
Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.
Tech mogul says tie-up has a 'lot of merit', given firms' complementary work on AI.
Elon Musk "capped the speeds at which Ukrainian hardware could stay connected to the satellite-based network," the Wall Street Journal reported.
Elon Musk says SpaceX and Tesla are considering a merger that would form a $3.5 trillion mega company.
Musk says special committees within both companies have been formed to look at a possible mega-merger.
Elon Musk's planned SpaceX stock donation could come with strings attached if he uses Trump Accounts. New Treasury rules limit when shares can be sold.
Is Elon Musk aiming to share a piece of his staggering wealth — or is he trying to build a new generation of investors in his SpaceX? Early Monday, the tech mega-billionaire posted on X, “Next year, I will give one of my SpaceX shares to every kid in America. This will be the first […]
The SpaceX boss said Monday that he'll give one of his company shares to every child in the U.S. next year. He didn't say how the share giveaway would happen.
Ukraine says speed limits on Starlink are still hampering military efforts to fight off Russian drones, days after a surprise network slowdown that Kyiv called deliberate and Washington denied ordering.
TikTok temporarily suspended the “Musk” advertisement account on Friday ahead of the documentary’s wide release, Variety can confirm. The ad account’s ability to advertise on the platform was then restored on Sunday “after an error,” per a spokesperson for the company. Directed by Alex Gibney, “Musk” seeks to make sense of Elon Musk, the world’s […]
Elon Musk gave a record $158 million to the GOP’s Senate Leadership Fund, boosting its war chest as Republicans pour money into Texas to defend Ken Paxton.
Outerlight Entertainment, the media investment firm formerly known as First Look Entertainment, has acquired Bleecker Street, the indie film studio behind Alex Gibney’s upcoming documentary “Musk.” Financial terms were not disclosed. Under the deal, Bleecker Street will continue to operate independently under CEO Kent Sanderson and president and chief marketing officer Tyler DiNapoli. Bleecker will […]
Designed to bring internet access to remote regions, Elon Musk's Starlink has become vital in crisis regions and war zones. But Ukraine also shows the risks of depending on the service.
The recent disruption of SpaceX’s Starlink satellite internet service in Ukraine comes as Washington steps up pressure on Kyiv to halt its strikes on Russian oil refineries. The system plays a key role in Ukraine’s long-range drone operations, raising questions about the implications of the disruption and Elon Musk’s increasingly close ties with Donald Trump.
🇺🇦🇺🇸 As Ukraine reports slowdowns in the Starlink system used for battlefield communications and frontline logistics, Elon Musk says that "any limits on speed or usage are decided by the US military and ultimately POTUS."