Tag: Elon Musk
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SpaceX stock-purchasing by Congress members fuels conflict concerns
Five of the Congress members serve on committees whose work touches SpaceX’s federal contracts, defense programs, AI, telecommunications or securities markets.
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SpaceX has now lost the equivalent of a full Tesla in market capitalization
Elon Musk’s space company has wiped off more than $1.2 trillion in market cap since hitting a high of $225.64 per share in June.
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Sam Altman to meet with Trump administration, Senators this week. Here’s what he plans to say
Altman will preview the capabilities of the company’s upcoming family of AI models and answer questions about cybersecurity and open-weight models.
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Analysis: A powerful new coalition of AI skeptics is coalescing right in Trump’s blind spot
Evangelicals, labor unions and anti-AI-data-center activists are part of a groundswell worrying about how fast technology is changing.
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SpaceX launches massive Starship rocket in first test flight since IPO
Elon Musk’s rocket maker is conducting the first test fight for its massive Starship rocket since the company’s IPO last month.
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Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.
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CNBC Daily Open: Brent crude is back at $100 — and Trump renews tariffs
Houthi strikes on Saudi tankers pushed Brent past $100 and Treasury yields to an 18-month high, while an AI spending jitters punished Tesla and Alphabet.
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‘Let’s enjoy the ride’ says Elon Musk, as AI risk concerns mount
Talking to The Economist, Musk said he doesn’t care if people hate him and said he was not a racist.
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IRS chief Frank Bisignano may have misled Congress, Democrats say
The IRS alone hemorrhaged more than 31,000 employees as of January in President Trump’s government cuts, according to the agency’s inspector general.
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Alphabet and Tesla test Wall Street’s patience as AI spending overshadows growth
Shares of Alphabet and Tesla dipped after the companies reported massive spending increases in their quarterly earnings reports.
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