Elon Musk

SpaceX IPO raises a recordbreaking $85.7billion, making Musk the first trillionaire

SpaceX has completed the largest initial public offering in history, raising $85.7billion in net proceeds and made Elon Musk the first trillionaire.
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Elon Musk’s OpenAI lawsuit ends on a technicality

The swift legal victory clears a major structural obstacle for OpenAI to proceed with a highly anticipated IPO that could value the company at $1trillion.
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Court questions Musk’s US$1.5million SEC settlement over Twitter stock disclosures

Elon Musk’s proposed US$1.5M settlement with the US SEC over his 2022 Twitter stock purchases is facing judicial scrutiny.
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Musk v. Altman: Tech Titans Clash Over OpenAI’s Soul in Oakland Courtroom

Elon Musk is suing OpenAI, alleging they "stole a charity" by shifting it from a nonprofit mission to a for-profit model partnered with Microsoft.
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SpaceX and xAI merge to become world’s most valuable company

On Jan 31, 2026, SpaceX and xAI officially agreed to merge, creating a combined entity valued at $1.25 trillion.
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8 pivotal moments in the AI race in 2025

2025 marked a whirlwind year in the AI race, with breakthroughs shattering cost barriers, models achieving superhuman feats, and geopolitical tensions.
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2025 TIME Person of the Year: Architects of AI

TIME Magazine named "The Architects of AI" as its 2025 Person of the Year, recognizing the tech titans and scientists behind the development of AI.
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Tesla approves $1trillion pay package for Elon Musk

In Nov 2025, Tesla shareholders approved an unpredented $1T pay package for CEO Elon Musk, which could make him the first Trillionaire.
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Nvidia first to reach $5trillion market cap

Nvidia became the first company to reach a $5 trillion market cap on Oct 29, 2025, propelled by explosive demand for its chips amid an AI boom.
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xAI acquires sister company X Corp

On Mar 28, 2025, Elon Musk’s AI startup, xAI, acquired his social media platform, X (formerly Twitter), in an all-stock transaction.
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