Keywords: Elon Musk


Musk plans 30% retail allocation for SpaceX IPO

Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation......

Elon Musk announces ambitious AI chip manufacturing project

American billionaire Elon Musk has unveiled plans for a groundbreaking project to manufacture electronic chips dedicated to artificial intelligence, robotics, and space-based data centers. The facility, named “Terafab,” will be located near Austin, Texas, with the goal of producing one terawatt......

Elon Musk offers to pay airport security staff during U.S. partial shutdown

Amid an ongoing partial government shutdown in the United States, billionaire Elon Musk has proposed an unusual solution: covering the salaries of airport security personnel affected by the budget impasse. Since mid-February, funding for the Department of Homeland Security (DHS), which oversees airport......

French prosecutors suspect Musk encouraged deepfakes to inflate X value

French prosecutors have informed U.S. authorities that they suspect tech entrepreneur Elon Musk may have encouraged the creation of sexualized deepfakes using X’s AI, Grok, to artificially inflate the value of his company ahead of a planned stock market listing in June 2026. The Paris prosecutor’s......

Tesla’s mega AI chip factory set to launch in seven days, Musk announces

Tesla CEO Elon Musk announced that the company’s Terafab project, aimed at producing advanced artificial intelligence chips, is scheduled to launch in just seven days. The project represents a significant step in Tesla’s efforts to power its autonomous driving technology with in-house AI......

Musk promotes vision of robot driven era of sustainable abundance

Elon Musk continues to promote a future in which artificial intelligence and advanced robotics perform most forms of work, making traditional employment optional and creating what he describes as an era of “sustainable abundance.” The Tesla chief executive has repeated the prediction in recent......

Musk dismisses Anthropic CEO comments about possible AI consciousness

Elon Musk rejected remarks by Anthropic chief executive Dario Amodei suggesting uncertainty about whether advanced artificial intelligence systems might possess some form of consciousness, responding with a brief remark that quickly circulated online. The exchange gained attention after the prediction......

X investigates offensive content generated by Grok AI chatbot

The social media platform X has launched an internal investigation following reports that its artificial intelligence chatbot Grok generated offensive and racist content in response to user prompts. The issue has sparked renewed debate about the risks associated with generative artificial intelligence......

Elon Musk tops Hurun rich list with $792 billion as billionaire ranks surge

Elon Musk has reclaimed the title of the world’s richest person for the fifth time in six years, according to the Hurun Global Rich List 2026. The Tesla and SpaceX chief now holds an estimated fortune of $792 billion, marking an annual increase of 89 percent and making him the first individual......