The June 15 brief defends the gas turbines used by a giant data center belonging to the trillionaire’s company xAI, which are the target of an environmental lawsuit. In the brief, the US Department of Justice argued that the lawsuit “threatens American national, economic, and energy security by seeking to shut off the power supply […]
He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet’s first trillionaire. Forbes magazine on Tuesday estimated Musk’s net worth at nearly $835 billion, as compared with $342 billion in its annual rich list in March 2025. He is […]
Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on […]
