Posted inInternational
Elon Musk Launches Steering Wheel Free Cybercab Fleet in Austin
Explore the launch of autonomous Cybercabs in Austin, Texas, featuring no steering wheels or pedals as public trust is put to the test.
Posted inBusiness
SpaceX Shares Retreat as Public Debut Highlights Aggressive AI Investment Strategy
SpaceX shares fell after its first public earnings call revealed a massive shift in capital toward long term AI infrastructure over immediate profits.
Posted inTechnology
SpaceX Reports Massive Surge in AI Spending During First Post-IPO Earnings Call
SpaceX has released its inaugural quarterly financial results following its transition to a public company, revealing a significant strategic shift toward artificial intelligence. The aerospace giant reported that its capital…
Posted inTechnology
SpaceX Stock Lockup Expiration Opens Liquidity Window for Insiders Amid Record Valuation
Insiders and employees at SpaceX are preparing for a significant financial milestone this Thursday as the company's first scheduled stock lockup period officially expires. This development allows long-term staff and…
Posted inBusiness
SpaceX Valuation Plummets $600 Billion Following Market Correction
Shares of Elon Musk's private aerospace manufacturer and space transportation services company, SpaceX, experienced a historic downturn this week, shedding over US$600 billion in market value across a brutal three-session…
Posted inTechnology
Tesla Profits Decline Despite Sales Rebound as Price Cuts and AI Costs Bite
Tesla profits fell despite rising sales as aggressive price cuts and heavy investments in artificial intelligence squeezed the EV giant margins.
Posted inBusiness
SpaceX Valuation Plunges $600 Billion in Three-Day Market Selloff Following Landmark Launch
SpaceX, the aerospace pioneer led by billionaire Elon Musk, suffered a historic market selloff this week, erasing more than $600 billion in market value over a tumultuous three-day period following…
Posted inTechnology
Altman and Musk Clash Anew as OpenAI Launches GPT-5.6
OpenAI CEO Sam Altman and tech billionaire Elon Musk reignited their long-standing public feud this week on social media following the release of OpenAI's latest artificial intelligence model, GPT-5.6. Musk…
Posted inBusiness
Elon Musk Becomes World’s First Trillionaire Following Landmark SpaceX IPO
Elon Musk officially became the world's first trillionaire on Friday after shares of SpaceX began trading on the public market, propelling the aerospace company's valuation to an unprecedented US$1.96 trillion.…
Posted inBusiness
SpaceX Makes Historic Wall Street Debut with Record-Breaking Valuation
SpaceX officially commenced its journey as a publicly traded company on Friday morning, marking the most significant initial public offering in the history of the New York Stock Exchange. The…
