American multinational automotive and clean energy company
Ukraine has reported that Starlink's military variant, Starshield, was slowed in mid‑October, degrading its drone and air‑defence operations. The Wall Street Journal has reported Donald Trump phoned Elon Musk and asked him to restore full service; Trump and SpaceX deny a formal White House order. Kyiv says speeds have only been partially restored and the disruption has cost defensive capability.
Anthropic has filed for a U.S. IPO, detailing rapid revenue growth of $16.3B in H1 2026 alongside a sharp net loss of $80.7B driven by a one-time debt charge. The filing underscored plans to raise capital for expansion and infrastructure while warning of the risks and a potentially volatile valuation.
Jio Platforms has opened a 302bn-rupee ($3.2bn) IPO seeking to repay telecom debt and fund growth. The offer has attracted heavy demand from global fund managers, institutional anchors and retail investors and targets a roughly 10.3tn-rupee valuation while a separate spat between Elon Musk and Reliance over Starlink approvals remains unresolved.
Meta's Muse has sparked a high-stakes race as OpenAI unveils Dots and a coalition advances an open standard for agent-to-business communication. The market watches adoption, safety, and pricing as consumer and enterprise use expands.
SpaceX shares have surged as analysts flag upside from Starship flights and AI-driven compute deals. Elon Musk’s net worth has crossed the trillion-dollar mark again, driven by SpaceX and Tesla ownership, with momentum continuing into Q4.
Presidents has awarded the National Medal of Science and Technology to Elon Musk, Jensen Huang, Sergey Brin, Lisa Su, Michael Dell, and Satya Nadella, in a ceremony linked to the Science: A New Golden Age Summit. The White House frames the award as a boost to America’s leadership in science and tech amid ongoing AI policy discussions.
Elon Musk has given roughly $366m this cycle to Republican groups, including $158m to the Senate Leadership Fund and about $76m to his own America PAC, filings show. Much of the money is financing heavy advertising and turnout operations in Texas and other battlegrounds, reviving vulnerable campaigns and freeing national GOP resources for other contests.
The AI infrastructure boom faces mounting debt costs as CoreWeave and peers see higher yields and wider CDS spreads. Investors are growing wary that cash flows will not arrive to justify capex, even as demand for AI services remains robust.
The documentary on Elon Musk has seen shifting release plans as studios negotiate distribution. TikTok has suspended an associated account over political content, while HBO’s airing remains in question as Universal reassesses international rights.
Tesla has unveiled the second-generation Roadster with thruster-assisted demos in McGregor, Texas. Production is set for 2028, deposits remain, and regulators are weighing airspace and road-use rules for a car that could redefine driving.
Tesla has unveiled its next-generation Roadster, a thruster-powered vehicle capable of midair maneuvers and a 0-60 mph sub-second time. Production is slated for 2028, with reservations up to $50,000 and questions about road legality and regulatory oversight.
The Department of Homeland Security has ordered federal civilian agencies to remove DeepSeek products and any tools built with its models from government IT systems and to stop new purchases. The order, issued in late July and made public Monday, cites risks that sensitive U.S. data on systems used by government employees could be accessed from servers in China.
Investors have shifted toward safe-haven Treasuries as AI-related debt issuance cools, with 10-year yields retreating from recent highs. A week of volatility has seen equities wobble while bonds attract inflows, suggesting a potential normalization after AI-driven selling and energy-price spikes.
Elon Musk has told Walter Isaacson that AI and robotics will slash spending and drive a multi-planetary economy, where currency becomes obsolete and value is measured in mass and energy. He says leadership in Washington is reluctant to curb wasteful spending, and his own time in government was a learning experience.
SpaceX has posted a strong third quarter, reporting revenue and earnings above expectations and marking a rare profit. Wall Street is weighing aggressive capex and a potential SpaceX–Tesla merger as the company expands Starlink, AI, and data-center initiatives amid a global push into artificial intelligence.
SpaceX and Tesla have formed independent-director committees to discuss a potential merger. Elon Musk says it would be a good idea, but shareholder approval is the bar, creating a potential record-scale deal in AI and aerospace.
Elon Musk has said SpaceX and Tesla have formed independent special committees to explore a possible merger, and he has recused himself from those talks. The move has lifted SpaceX and Tesla shares; any deal would need shareholder approval — including at least 50% of Tesla holders — and faces regulatory and geopolitical complications.
Barbara Bush has donated to James Talarico’s Texas Senate campaign while Neil Bush backs his nephew’s opponent, Ken Paxton. The endorsements reflect a rare fissure within a prominent Republican family ahead of the November midterms as polling shows a tight race in a state that hasn’t elected a Democrat to the Senate since 1988.
Meta has told investors Muse, its AI personal assistant, is unprofitable now due to compute intensity but will become highly profitable as efficiency improves. The company plans to monetize Muse through transaction fees as it scales, with expectations of profitability next year while continuing to push Reality Labs losses toward reduction.
Tesla has reported a quarter with flat-to-slightly growing revenue of about $28.05 billion and a pivot toward AI-related spending. Profitability remains under pressure from higher costs, but free cash flow beat expectations as the company eyes autonomy subscriptions and a possible mega-merger with SpaceX.
Elon Musk has pledged to give one SpaceX share to every child in America next year, a move tied to Trump Accounts and Treasury rules. The gift, worth about $10.5-10.7 billion at current prices, would reduce Musk’s SpaceX stake by roughly 1.5% while leaving voting power largely intact due to SpaceX’s dual-share structure. Details on eligibility and execution remain unclear.
Meta has announced plans to raise capital to fund its AI push through a combination of public offerings and an at-the-market program. The company is leaning into AI infrastructure, data centers and new non-voting Class C shares while facing investor questions about how it will finance its growth.
Skydance has secured equity injections as Paramount and Warner Bros. Discovery merge under its banner. Elon Musk’s roughly $1 billion investment deepens ties with Larry Ellison’s family as the new media empire targets at least $6 billion in annual cost savings amid a heavy debt load.
Tesla executives describe a path to a robotaxi-dominated future, with Cybercabs and unsupervised FSD on the horizon, while regulators scrutinize safety and certification processes.
The Texas Senate race has intensified as James Talarico accuses Elon Musk of trying to buy influence, citing funding from Musk-linked groups. Musk has donated hundreds of millions to pro-Paxton outfits while Talarico touts grassroots support and a widening fundraising gap ahead of the November vote.