Elon Musk

Elon Musk’s Terafab could significantly impact the chip sector. SpaceX is projected to invest $135 billion in wafer-fab equipment over the next five years, according to UBS.

Wall Street banks are optimistic about SpaceX's future, predicting stock prices above $200 within 12-18 months, but the stock currently trades around $152. Analysts highlight SpaceX's potential in space transportation and Starlink satellites, with J.P. Morgan forecasting $225 by 2027 and Raymond James projecting $800. However, risks like delays in Starship development temper investor confidence.

Tesla’s stock could rise 20% due to a potential merger with SpaceX, according to an analyst. Wall Street increasingly views the possibility of combining Elon Musk’s two major companies as likely.

Wall Street banks have high hopes for SpaceX, but its shares remain earthbound. Investors are cautious despite the optimism from financial institutions.

Wall Street analysts recommend buying SpaceX stock, forecasting prices above $200 in 12-18 months, but the stock currently trades around $152. Analysts highlight SpaceX's potential in space transportation, Starlink satellites, and AI advancements, though risks like Starship development delays are noted. The company's IPO in June 2024 valued it at over $2 trillion, making Elon Musk the first trillionaire, though his net worth has since dropped below $1 trillion.

Experts attribute hindered response to DRC’s Ebola outbreak and significant deaths to cuts in USAID programs. Elon Musk has shifted focus to criticizing USAID, which he previously dismantled, amid SpaceX stock drops and Tesla lawsuits.

Experts claim cuts to USAID's Ebola programs have hindered the Democratic Republic of Congo's outbreak response and caused significant deaths. Elon Musk has shifted focus from his struggling companies to criticizing USAID on X, drawing attention to his previous role in dismantling the agency.

Extremist streamer Sneako declared New York City an 'Islamic Republic' during a live broadcast following Egypt's World Cup victory, chanting 'Mamdani’s New York' and vowing Islam's dominance. The incident sparked widespread backlash, with figures like Navy SEAL Rob O'Neill and conspiracy theorist Alex Jones condemning the streamer, while X owner Elon Musk briefly agreed to deport him.

Shares of SpaceX climbed on their first day of trading after a $75 billion IPO, making it one of the most valuable public companies. The IPO was listed at the Nasdaq MarketSite in New York.

Vietnam is excavating a graveyard to build a Trump International golf resort with residences along the Red River. A Starbucks coffeehouse opened on Vietnam's tallest mountain near Sapa, and Elon Musk received a Starlink satellite license to expand operations.

xAI has been rebranded to SpaceXAI following its acquisition by SpaceX, which also acquired Grok and X. The rebrand aligns with SpaceX's significant AI investments, including a $12.7 billion 2025 capital expenditure on AI and major infrastructure deals with Anthropic and Google.

Over 500 people have died in the Democratic Republic of Congo from an Ebola outbreak linked to reduced international aid, including cuts to the U.S. Agency for International Development (USAID) under the Trump administration’s Department of Government Efficiency (DOGE). Experts attribute weakened healthcare systems and delayed containment efforts to these funding reductions, which have exacerbated the spread of the Bundibugyo strain.

A federal judge rejected Elon Musk’s bid to overturn a jury’s verdict that found him liable for defrauding Twitter investors through misleading tweets during his 2022 $44 billion buyout. The judge denied Musk’s motion to decertify the class and upheld the jury’s finding that his May 13, 2022, tweet was materially false, while dismissing claims related to his May 17 tweet.

A US judge rejected Elon Musk's attempt to set aside a Twitter fraud verdict, denied his motion to decertify the class of investors, and approved the investors' request for prejudgment interest.

Elon Musk predicts AI and robots will create abundance, making work optional and enabling universal high income. Michael Burry disputes this, warning of societal revolution before such outcomes. The debate includes perspectives from Ray Dalio and Jamie Dimon on AI's impact on jobs and wealth distribution.

Gwynne Shotwell, SpaceX president and COO, announced donating SpaceX stock to Trump Accounts for 2 million US children. The donation follows President Trump's prediction that Elon Musk would contribute stock to the program, though Musk has not publicly commented. Shotwell emphasized targeting children in lower-income areas near their Texas home, with the gift valued at approximately $320 million based on current SpaceX stock prices.

The Trump administration launched 'Trump Accounts' for children, offering $1,000 in seed money for those born during Trump’s term, with over 6 million kids already enrolled. Officials plan to promote the accounts through partnerships, billboards, and collaborations, and Elon Musk is reportedly in talks to contribute stock to the program.

The article speculates on a potential merger between SpaceX and Tesla, highlighting Elon Musk's involvement with both companies. It references a photo illustration depicting Tesla vehicles on the SpaceX Starship.

Elon Musk declared Tesla's goal to deploy hundreds of thousands of self-driving taxis in the US by 2026. The article highlights how some CEOs set bold public targets while others adopt a more cautious approach.

The Trump administration's Department of Government Efficiency (DOGE) is dissolving without an official report detailing its impact, despite claims of budget reductions and workforce changes. OMB Director Russell Vought stated no formal documentation of DOGE's accomplishments will be published, while critics question the accuracy of reported $215 billion in savings and the effects of over 260,000 federal employee departures.

John Ternus, Apple’s incoming CEO, has a minimal LinkedIn presence, contrasting with the trend of CEOs using social media. He succeeds Tim Cook, who will remain executive chairman and maintain his X account.

Remote work remains prevalent in the U.S. despite corporate efforts to end it, with 22% of workers still working from home part-time in 2025, a minimal decline from 2024. Companies like Amazon, JPMorgan, and Tesla have mandated return-to-office policies, but most firms have not fully enforced them, and hybrid/remote work rates remain stable. Data from the Federal Reserve Bank of Minneapolis and Leesman show remote work's persistence, though it may contribute to rising youth unemployment.

The user's mother paid for a job interview with Elon Musk, was charged three times, and later disputed the charges after realizing it was a scam. She was promised $5000 weekly for answering AI training questions but now acknowledges the situation as fraudulent.

Elon Musk posted about UK race and immigration twice as often as he did about SpaceX in the weeks before SpaceX's IPO. A Guardian analysis of his X activity between 31 May and 12 June revealed his social media focus on UK politics.

Elon Musk's next target could be smartphones as SpaceX plans to compete with America's largest mobile phone companies. The article highlights SpaceX's potential expansion into the mobile phone market.

U.S. charitable giving reached a record $617.2 billion in 2025 despite inflation and economic pressures, driven by individual donations, foundation contributions, and increased bequests. The rise in bequests, linked to strong financial markets, signals the start of the Great Wealth Transfer, with $124 trillion projected to shift to younger generations by 2048.

Congressional members have made their first known stock purchases in SpaceX following its record IPO. The company, led by Elon Musk, is expanding its federal contracting role and maintaining ties to President Donald Trump's Washington.

New York City Mayor Zohran Mamdani criticized Elon Musk during a speech commemorating the 250th anniversary of American independence, stating Musk's immense wealth represents societal contradictions. Mamdani's remarks highlighted tensions between wealth accumulation and national values.

New York City Mayor Zohran Mamdani criticized U.S. Immigration and Customs Enforcement (ICE) agents, Elon Musk, and 'supremacy' in a speech during the America 250 event. He praised immigrants, invoked the Statue of Liberty and Ellis Island, and highlighted wealth inequality and monopolies in the U.S.

New York City Mayor Zohran Mamdani criticized U.S. Immigration and Customs Enforcement (ICE) agents and Elon Musk during an immigration-themed America 250 speech, highlighting wealth inequality and the contributions of immigrants. He referenced the Statue of Liberty, Ellis Island, and the struggles of immigrants, including riots and sweatshop fires, while addressing the nation's founding ideals.

Elon Musk's companies, including Tesla and SpaceX, have transformed industries and generated significant wealth. His political influence includes involvement in the 2024 Trump win and the DOGE government takeover. A Galaxy Brain episode discusses his rise, ideology, and impact through a conversation with historians and writers.

President Trump expects Elon Musk to donate SpaceX stock to Trump Accounts despite a dispute over electric vehicle subsidies; other companies have pledged support to the program.

Tesla has launched its six-seater Model Y L in the US, priced at $61,990, after it became a major sales hit in China. The vehicle features three rows of heated seats, a 325-mile range, and a limited-edition 'Launch Series' with free supercharging and Full-Self Driving tech. CEO Elon Musk had previously questioned its US viability due to self-driving car advancements, but deliveries begin in October.

Andy Burnham indicated Labour's manifesto allows flexibility on taxes to support high street businesses. The UK's culture and media department will cease using X due to concerns over abuse, misinformation, and far-right content prioritization.

MSCI, led by Henry Fernandez, added SpaceX to its indices 10 days after its IPO, ensuring large investment funds would purchase the stock. Fernandez emphasized consistent application of rules to reflect market accuracy, highlighting MSCI's growing influence in the evolving investment landscape.

Ossie and Myra discuss Elon Musk potentially becoming the first trillionaire, converting his wealth into seconds and years to highlight the vastness of a trillion dollars. The analysis emphasizes the staggering scale of such wealth in terms of time.

Trump believes Elon Musk will donate SpaceX stock to his accounts. The article mentions a SpaceX signage event at the Nasdaq MarketSite in New York on June 12.

Tesla sales have increased following a backlash against Elon Musk's political activities. The resurgence in sales is linked to public reaction against Musk's political involvement.

Tesla’s European sales rebound as rising fuel prices from the Iran war offset consumers’ dislike of Elon Musk. Germany saw a 300% sales increase in May, with Europe and UK sales up 57% year-on-year in the first five months of 2026, despite Tesla being overtaken by BYD last year as the top EV manufacturer.

Tesla reported a 25% increase in car deliveries for the second quarter, exceeding Wall Street expectations, which may indicate the worst of the backlash against Elon Musk is over. The company's sales rebounded after a decline last year due to European boycotts linked to Musk's political affiliations.