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The Latest Breaking News from Elon Musk

Block Stock’s Unusual Options Activity Offers Something for Both Bulls and Bears

Block's overall options volume on Wednesday came in near its 30-day average, but five contracts stood out for unusual activity — all expiring within 15 days. They provide several affordable multi-leg setups worth considering from either side of the trade

Barchart

Space startups seek insurance for orbital AI data centers

Companies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Securing insurance is vital for these ventures to move from concept to reality. Insurers are beginning discussions about coverage for these advanced…

The Economic Times

Michael Burry Skips SpaceX Short Bet Over Expensive Options Pricing

Michael Burry passed on betting against SpaceX stock, citing pricey options. Here is what the "Big Short" investor said about the company's near-$3 trillion valuation.

Barchart

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John Swinney 'won't apologise' to Elon Musk after trillionaire's 'misinformation'

JOHN Swinney has insisted he will “make no apology” to Elon Musk after last year accusing the trillionaire of spreading misinformation about an…

The National (Scotland)

Trump's 'Oligarchic Friends' Gain $210B In a Day: Bernie Sanders Says the Economy Is 'Insanely Rigged'

Senator Bernie Sanders criticises the wealth surge of tech billionaires, highlighting economic struggles faced by American families amid inflation and poverty.

International Business Times UK

Peter Thiel's Secret 'Dialog' Society Leak Exposes Elon Musk, Ted Cruz and Cory Booker Among 113 Names

A coding error exposed 113 members of the secretive Dialog society, including Elon Musk and Ted Cruz, sparking debates on privacy and influence.

International Business Times UK

Elon Musk's Baby Mama, Ashley St. Clair, Reveals Financial Crisis Despite His Claims of $500K Payments

Conservative influencer Ashley St. Clair says she is 'getting evicted' from her $15,000‑a‑month New York flat and accuses Elon Musk of slashing child support to punish her.

International Business Times UK

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Trillionaire Elon Musk Makes $6.4 Billion Every Time SpaceX Stock Rises by $1

Elon Musk's net worth surpassed $1 trillion as the SpaceX stock gained 27% since debuting last week, with the trillionaire forecasting $1 trillion in revenue by 2031.

International Business Times UK

Digital entrepreneur creates humorous 'physical NFT minting device' using a Raspberry Pi in quest for 'infinite money machine' — contraption trained on M3 MacBook can generate an NFT in 3 seconds, has so far sold one for $9.92

An enterprising young man aims to catch up with the collective wealth of Elon Musk, and his first money spinner is a portable NFT minting gadget.

Tom’s Hardware

Gina Rinehart says Australia should give Elon Musk islands to launch satellites into space

Billionaire also tells summit land could be given to skilled Israelis to build ‘advanced war drones’, according to Hancock Prospecting notes

The Guardian - AU

Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh Asif

Two young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a popular AI coding assistant, was reportedly acquired by Elon Musk for $60 billion. This deal is expected to net each of them around $2.7 billion. Cursor, founded in 2022,…

The Economic Times

Row between Elon Musk and German broadcaster ZDF sparks major controversy

German broadcaster ZDF has reacted to a cease-and-desist suit from Elon Musk, deleting a line from a programme intro over his links to UK right-wing activist Tommy Robinson.

Euronews

PayPal mafia member and ex–Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades

Roelof Botha, who spent more than two decades at VC firm Sequoia Capital, first worked with Elon Musk at PayPal.

Fortune

Who is Aman Sanger? Indian-American MIT graduate whose AI startup could boost his net worth to $2.6 billion after Cursor's $60 billion SpaceX deal

At just 25, Aman Sanger has gone from an MIT student and squash enthusiast to one of the youngest billionaires in the AI industry, thanks to the meteoric rise of AI coding startup Cursor and its $60 billion acquisition by SpaceX.

The Times of India

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International Business Times UK

Elon Musk's Insane 1 Billion-Share SpaceX Bonus Revealed After Smashed Warren Buffett's Records

Elon Musk's latest SpaceX-driven surge has widened the gulf between him and Warren Buffett, with Forbes tracking a huge one-day jump in paper wealth.

The Guardian - UK

I once protested against the G7. I feel no need now, because it’s collapsing all by itself

You cannot take a rules-based order seriously when only some of the participants are playing by the rules, says Guardian columnist Zoe Williams

The Independent UK

Bulletin world briefing: How Elon Musk’s Grok AI was used to strike Iran

Pentagon admits using Elon Musk’s chatbot to launch strikes on Iran Huge 6.7-magnitude earthquake hits Sulawesi in Indonesia Asteroid named after firefighter who died in Hong Kong inferno Vietnam police rescue hundreds of stolen pet cats from meat trade Episodes of Bluey to be dubbed in Indigenous Australian language Get…

International Business Times UK

Elon Musk Just Made $33.6 Billion In A Single Day, The Internet Can't Believe It

A market rally driven by US-Iran deal optimism added £247 billion to the wealth of the world's richest, with Elon Musk gaining £121 billion, largely due to SpaceX's performance.

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International Business Times UK

Elon Musk's SpaceX Is Buying Cursor For 60 Billion Making Four Young Friends Billionaires

SpaceX acquires AI startup Cursor for $60 billion, enhancing its position in enterprise AI. The deal highlights Musk's vision for software's role in SpaceX's future.

Latin Times

Elon Musk Takes Legal Action Against German Broadcaster Over Belfast Riots Claim

Elon Musk has launched legal action against German public broadcaster ZDF after the network aired a report linking him to anti-migrant unrest in Belfast, a claim the broadcaster has since partially retracted and amended.

The Economic Times

AI will lead to labour shortages, Jeff Bezos says in optimistic talk

Bezos put forward a rosy vision of how technology will help humanity, speaking about projects including his space venture Blue Origin and his new ‌AI startup Prometheus, ⁠which ⁠is aimed at speeding up physical manufacturing. Bezos, the world's fourth-richest person with a net ⁠worth around $250 billion, argued that people…

Barchart

Dan Ives Predicts a Tesla-SpaceX Megamerger. Here’s What Investors Need to Know.

A merger of Elon Musk's companies would be valued at $3.6 trillion.

MarketBeat

Could a Tesla-SpaceX Merger Be Closer Than Investors Think?

With SpaceX now public and Dan Ives putting merger odds at 80%, Tesla's biggest catalyst may have nothing to do with robotaxis at all.

Fortune

Michael Burry is ‘tempted’ to face Elon Musk’s wrath, but says SpaceX put options aren’t enticing enough for ‘fundamentally a small space company’

“I am not involved with SpaceX now. Neither short nor, ahem, long,” wrote Burry.

Tom’s Hardware

U.S. gov't asks court to dismiss NAACP lawsuit against Elon Musk's xAI over use of unpermitted gas turbines — DOJ says Grok model running at Colossus 2 ‘supports mission-critical operations’

The US government is seeking dismissal of a lawsuit from the NAACP, arguing that the Colossus 2 data center is crucial for national security. The data center runs the Grok Gov AI model, and the government claims a shutdown "directly threatens ongoing national security interests."

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