Browsing Tag
Elon Musk
114 posts
Trump-Musk Starshield dispute eases as Ukraine restores drone connectivity after week of military disruption
Ukraine restores Starshield access after restrictions disrupted drone defenses. Discover what changed and why questions over SpaceX remain.
SpaceX (NASDAQ: SPCX) earns $4.4bn but spends $19.6bn. Can AI pay for itself?
SpaceX's first profitable quarter since its Nasdaq debut delivered US$14.6 billion in revenue, powered by a dramatic expansion in artificial intelligence. Yet capital expenditure exceeded quarterly sales, raising a bigger question about how quickly its computing business can fund its own growth.
Tesla profit falls 43% despite 486,532 deliveries as AI spending tests margins
Tesla reported third-quarter revenue of $28.05 billion and net income of $787 million as improving vehicle margins were offset by rapidly rising research and operating expenses. Capital expenditure more than doubled, putting greater pressure on the economics of its artificial intelligence and robotics ambitions.
Elon Musk faces scrutiny after reported Starshield slowdown disrupts Ukraine’s military defenses
Elon Musk reportedly restricted Ukraine's Starshield access, disrupting defenses. Discover what the controversy means for Ukraine and US relations.
Russia knocks out power to 600,000 Ukrainians as sudden Starlink limits deepen fears over Kyiv’s defenses
Russian strikes left 600,000 Ukrainians without power as Starlink limits disrupted drone defenses. Find out why winter risks are rapidly rising.
Elon Musk spends $366m on 2026 US midterm elections as Republican funding surges
Elon Musk's federal political contributions have reached approximately $366 million during the 2025–26 election cycle, including $276 million since July. The largest disclosed allocations include $158 million to the Senate Leadership Fund and more than $76 million to America PAC. The spending demonstrates the scale of private funding entering congressional contests ahead of November 3.
Elon Musk targets Mukesh Ambani over Starlink India delay as government defends satellite rules
Elon Musk has escalated his criticism of India's satellite internet market, directing a sarcastic remark at Mukesh Ambani and questioning the barriers facing Starlink. Communications Minister Jyotiraditya Scindia insists security conditions apply to all satellite operators. The confrontation now extends beyond telecom regulation into a debate about competition and market access.
Tesla and SpaceX sue over Terafab name as $16.8bn Texas chip plant advances
Tesla and SpaceX have sued nanotechnology company TERA-print over the Terafab name as the Elon Musk companies advance a semiconductor complex carrying an initial investment of more than $16.8 billion.
SpaceX finalises $60bn Cursor acquisition, targets Anthropic in AI coding fight
SpaceX closed its $60B all-stock Cursor acquisition on Aug 14, diluting 3.4% as Cursor's coding share slid from 41% to 26% under Anthropic pressure.
Elon Musk’s The Boring Company eyes $4bn raise as Vegas Loop expansion continues
The Boring Company is reportedly seeking about $4 billion at a $20 billion valuation, but investors must decide whether Vegas Loop, Nashville and Dubai can turn tunnelling ambition into scalable transport infrastructure.