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.
A Delaware judge ruled on Tuesday (local time) that Elon Musk's lucrative 2018 compensation package, instrumental in elevating him to the title of the world's richest person, was unfair and should be reversed, The Washington Post reported.
Elon Musk took to Twitter to share the news, stating that the revolutionary technology allows users to control their devices, including phones and computers, through mere thoughts.
Elon Musk, the billionaire founder of Neuralink, announced on Monday that the first human recipient of an implant from the brain-chip startup underwent the procedure on Sunday and is recovering well.
Elon Musk-run X has finally blocked searches for Taylor Swift after her AI-generated explicit images went viral on its platform last week.
LVMH shares were up over 13 per cent on their last close on Friday.