Beyond Hype
The stock market’s romance with technological disruption has once again collided with an inconvenient reality: even the most visionary companies must eventually be judged by their ability to generate sustainable profits.
The stock market’s romance with technological disruption has once again collided with an inconvenient reality: even the most visionary companies must eventually be judged by their ability to generate sustainable profits.
SpaceX closed nearly 19 per cent above its IPO price on its Wall Street debut, pushing its valuation past $2.2 trillion and making Elon Musk the first person in history to reach trillionaire status.
The IPO pricing has reportedly increased Musk’s net worth to nearly $970 billion, placing him within reach of the trillion-dollar mark.
Elon Musk's reaction came to a report claiming that India's total fertility rate (TFR) has dropped below the replacement threshold of 2.1 children per woman for the first time in the history of the country.
The rapper took to X on Wednesday to ask for the return of its audio post feature. She addressed the request directly to Elon Musk with several choice words attached. The feature has been missing from the platform since early 2025.
X users slammed the decision, saying this is “excessively stupid” and will “greatly reduce engagement”.
Musk also posted a meme with X leading the team of apps, along with an image of a post by Meta spokesperson Andy Stone.
In a blog post, the ChatGPT maker alleged that Musk wanted “majority equity, initial board control, and to be CEO.”
A user named Steven Mackey shared a post on X, in which he showed reports claiming Google's interference in the US elections.
SpaceX’s Falcon-9 rocket has successfully aced three major launches -- all under a span of 20 hours, the company said on Tuesday.
