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.
The Head of Infrastructure Engineering, Uday Ruddarraju of xAI, the artificial intelligence company founded by Tesla CEO Elon Musk, announced his resignation, marking the end of his tenure with the company after being in the position for just over a year.
Social media platform X CEO Linda Yaccarino has announced her decision to step down from her role. She has led Elon Musk-owned X for the past two years.
Trump also stated that the Department of Government Efficiency (DOGE), which Musk led during his stint at the White House, should review the subsidies the Tesla chief has received.
The White House said that US President Donald Trump has acknowledged Tesla CEO Elon Musk's apology for his recent comments, signalling a possible cooling of tensions between the two high-profile figures.
The Axiom-4 mission to the International Space Station (ISS), carrying Indian astronaut Shubanshu Shukla and three others, has been postponed again—this time due to a technical glitch in the launch vehicle.
