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.
Navarro got offended by the community note on his post and accused Musk of allowing propaganda into people's posts.
US President Donald Trump and First Lady Melania hosted top tech CEOs at the White House to discuss AI and investment, while Elon Musk’s absence underscored his growing rift with Trump following their feud over the ‘Big Beautiful Bill’.
US President Donald Trump has nominated Sergio Gor as the next American ambassador to India, also assigning him the role of special envoy for South and Central Asia. The appointment, however, faces controversy after Tesla CEO Elon Musk branded Gor a “snake” over security clearance and NASA-related disputes.
Elon Musk-run electric car-maker Tesla was all set to enter the national capital on Monday with opening its second showroom in India.
Tesla is set to open its second Indian showroom in New Delhi’s Aerocity on August 11, just weeks after its Mumbai debut, marking a swift expansion in the country’s fast-growing electric vehicle market.
