Musk is seeking to force his rivals in artificial intelligence (AI) development to revert to a non-profit foundation. Greg Brockman, co-founder and president of OpenAI, will face questioning from Musk’s lawyers on Monday in the Oakland courthouse. OpenAI CEO and co-founder Sam Altman, who in 10 years has gone from being Musk’s protege to a […]
Tech billionaire Elon Musk is set to end a lawsuit by the US Securities and Exchange Commission (SEC) over his share purchases during his takeover of Twitter with a payment of $1.5million. Musk and the SEC agreed on the amount in a settlement disclosed on Monday that will be submitted to the assigned judge for […]
Théo MARIE-COURTOIS Hundreds of companies raised a combined $70 billion by selling shares to the public in the United States last year. But 2026 could shatter records, with rocket and AI company SpaceX, ChatGPT-maker OpenAI and AI startup Anthropic all potentially making their stock market debuts. So what exactly does it take for a company […]
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 […]
