Twitter in the hot seat again as Elon Musk faces ongoing legal battles and regulatory scrutiny tied to X/Twitter's content, AI push, and governance. Musk, tech magnate and SpaceX/Tesla founder, has steered the platform through chaos and lawsuits.
SpaceX has completed the largest IPO in history and begun trading on Nasdaq. Shares opened at $150, climbed as high as $176 and closed around $160–$166 in extended trading, valuing the company above $2 trillion at times. The offering raised about $75 billion, deeply rewarded early investors and made Elon Musk the world's first likely trillionaire.
Regulator Ofcom has accelerated crisis-response measures to curb illegal content online during UK crises. Platforms must deploy crisis protocols, dedicated law-enforcement channels, and post-crisis reviews as part of updated safety codes, following incidents including 2024 riots and the Southport murders.
On March 30, 2026, Delaware Chancellor Kathaleen McCormick recused herself from three Tesla shareholder lawsuits involving Elon Musk after his lawyers challenged her impartiality over LinkedIn activity. The lawsuits allege Musk breached fiduciary duties and violated an SEC settlement. McCormick denied bias but cited media attention as detrimental to justice and reassigned the cases to other judges.
The Elon Musk settlement with the U.S. Securities and Exchange Commission has been disclosed in federal court. A trust named after Musk will pay a $1.5 million civil penalty for late disclosure of a 2022 Twitter stake, while Musk’s personal claims are dismissed and no funds are recouped from him.
SpaceX has floated on Nasdaq under the ticker SPCX, raising about $75 billion at $135 a share and debuting with a market value above $2 trillion. The newly public group combines SpaceX's rocket and Starlink businesses with xAI and X. Analysts warn the valuation depends on unproven projects such as orbital data centres and Mars ambitions.
The UK faces a surge in AI-generated deepfake content impersonating public figures, linked to online scams and misleading ads. Officials urge vigilance as regulators consider mandatory labeling.
A wave of AI-focused coverage shows graduates and workers facing a shifting job market. Universities sign deals with AI providers; executives urge practical upskilling and on‑the‑job learning. Early-career workers are urged to build AI literacy and hands-on experience to weather automation.