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The Latest Breaking News from Elon Musk

Row between Elon Musk and German broadcaster ZDF sparks major controversy

German broadcaster ZDF has reacted to a cease-and-desist suit from Elon Musk, deleting a line from a programme intro over his links to UK right-wing activist Tommy Robinson.

Euronews

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

Fortune

Who is Aman Sanger? Indian-American MIT graduate whose AI startup could boost his net worth to $2.6 billion after Cursor's $60 billion SpaceX deal

At just 25, Aman Sanger has gone from an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition by SpaceX.

The Times of India

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Elon Musk's Insane 1 Billion-Share SpaceX Bonus Revealed After Smashed Warren Buffett's Records

Elon Musk's latest SpaceX-driven surge has widened the gulf between him and Warren Buffett, with Forbes tracking a huge one-day jump in paper wealth.

International Business Times UK

I once protested against the G7. I feel no need now, because it’s collapsing all by itself

You cannot take a rules-based order seriously when only some of the participants are playing by the rules, says Guardian columnist Zoe Williams

The Guardian - UK

Bulletin world briefing: How Elon Musk’s Grok AI was used to strike Iran

Pentagon admits using Elon Musk’s chatbot to launch strikes on Iran Huge 6.7-magnitude earthquake hits Sulawesi in Indonesia Asteroid named after firefighter who died in Hong Kong inferno Vietnam police rescue hundreds of stolen pet cats from meat trade Episodes of Bluey to be dubbed in Indigenous Australian language Get…

The Independent UK

Elon Musk Just Made $33.6 Billion In A Single Day, The Internet Can't Believe It

A market rally driven by US-Iran deal optimism added £247 billion to the wealth of the world's richest, with Elon Musk gaining £121 billion, largely due to SpaceX's performance.

International Business Times UK

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Elon Musk's SpaceX Is Buying Cursor For 60 Billion Making Four Young Friends Billionaires

SpaceX acquires AI startup Cursor for $60 billion, enhancing its position in enterprise AI. The deal highlights Musk's vision for software's role in SpaceX's future.

International Business Times UK

Elon Musk Takes Legal Action Against German Broadcaster Over Belfast Riots Claim

Elon Musk has launched legal action against German public broadcaster ZDF after the network aired a report linking him to anti-migrant unrest in Belfast, a claim the broadcaster has since partially retracted and amended.

Latin Times

AI will lead to labour shortages, Jeff Bezos says in optimistic talk

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new ‌AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people…

The Economic Times

Dan Ives Predicts a Tesla-SpaceX Megamerger. Here’s What Investors Need to Know.

A merger of Elon Musk's companies would be valued at $3.6 trillion.

Barchart

Could a Tesla-SpaceX Merger Be Closer Than Investors Think?

With SpaceX now public and Dan Ives putting merger odds at 80%, Tesla's biggest catalyst may have nothing to do with robotaxis at all.

MarketBeat

Michael Burry is ‘tempted’ to face Elon Musk’s wrath, but says SpaceX put options aren’t enticing enough for ‘fundamentally a small space company’

“I am not involved with SpaceX now. Neither short nor, ahem, long,” wrote Burry.

Fortune

U.S. gov't asks court to dismiss NAACP lawsuit against Elon Musk's xAI over use of unpermitted gas turbines — DOJ says Grok model running at Colossus 2 ‘supports mission-critical operations’

The US government is seeking dismissal of a lawsuit from the NAACP, arguing that the Colossus 2 data center is crucial for national security. The data center runs the Grok Gov AI model, and the government claims a shutdown "directly threatens ongoing national security interests."

Tom’s Hardware

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The Guardian - UK

‘A neoliberal nightmare’: my ride on the Vegas Loop – Elon Musk’s answer to traffic jams

Ten years ago, after complaining that traffic was ‘driving him nuts’, Musk’s Boring Company began building underground tunnels to ease congestion on the roads. Did he overpromise and underdeliver?

The Economic Times

SpaceX-Tesla Inc. is inching closer. Watch out, Nvidia?

That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because it would advantage the likely acquirer, SpaceX — where Musk has far greater control and now derives the vast majority of his net worth — if Tesla became relatively cheaper.

Euronews

SpaceX overtakes Amazon to become the world's fifth most valuable company

Just three trading days after its record IPO, SpaceX has leapfrogged Amazon to become the world's fifth most valuable listed company, with its shares briefly carrying it past Microsoft during a frenetic Tuesday session.

International Business Times UK

Pentagon Says Elon Musk's Grok Helped Deliver 2,000 Iran Strikes in 96 Hours

The Pentagon has revealed that Elon Musk's AI tool, Grok, was crucial in directing missile strikes in Iran, sparking debates on AI's role in warfare and civilian safety.

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The Times of India

Meet Gina Rinehart: Australia’s richest woman who just invested $1.4 billion in Elon Musk’s SpaceX

For decades, the fortune of Australia's wealthiest citizen has been tied to iron ore buried deep beneath the country's red earth. Yet in recent years, Gina Rinehart has gradually expanded her interests far beyond mining, backing sectors she believes will shape the decades ahead. Space exploration now appears to sit…

International Business Times UK

SpaceX's $60 Billion Cursor Deal Comes With a Twist: It Didn't Spend a Dollar in Cash

Elon Musk's SpaceX acquires AI coding startup Cursor for £44.7 billion in an all-stock deal, riding its post-IPO share surge. This move boosts SpaceX's AI capabilities and market position.

The Guardian - UK

Wednesday briefing: In a new era of far-right organising, how can we tackle hate?

In today’s newsletter: The far right are using social media to foster division, from Southampton to Belfast, but there are calls for clear and urgent ways to counter digital radicalism

International Business Times UK

Can't Buy SpaceX? Wall Street Says EchoStar Could Be the Backdoor Bet as Analyst Sees $161 Share Price

EchoStar's valuation is soaring with a 37% upside, driven by its strategic SpaceX stake. Learn how this satellite firm offers a unique investment opportunity following SpaceX's record-breaking IPO.

International Business Times UK

Amazon Dethroned: SpaceX Is Worth More Than the Retail Giant Despite Generating Just a Fraction of Its Revenue

Elon Musk's SpaceX has surpassed Amazon in global wealth rankings after a record-breaking IPO and a $60 billion AI acquisition, raising questions about its long-term profitability.

The Times of India

2,000 targets in 96 hours: How Elon Musk's Grok AI helped US military strike Iran

The US military used Elon Musk's artificial intelligence tool Grok to help plan and execute strikes against Iran, the Pentagon has revealed in a legal filing, marking the first official confirmation of xAI's technology being deployed in lethal military operations.

The Guardian - UK

Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why

Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmful, says economist and philosopher Ingrid Robeyns

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