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    1 Jul 12:05

    About our Elon Musk news

    Latest news on Elon Musk, covering Tesla, SpaceX, X (Twitter), xAI, Grok and the world's richest man.

    Elon Musk is the world's wealthiest individual, with a net worth that has crossed into the hundreds of billions of dollars, driven by his stakes in Tesla, SpaceX, and his AI venture xAI. His business empire spans electric vehicles, space exploration, social media, and artificial intelligence, making him one of the most scrutinised figures in global technology and politics.

    Musk's political prominence has grown sharply in recent years. He led the Department of Government Efficiency (DOGE) under the Trump administration before departing in mid-2025, and his public feud with President Trump — including threats to launch an "America Party" — dominated headlines before the two reconciled. Tesla, meanwhile, lost its crown as the world's best-selling electric vehicle maker to China's BYD in 2025, with sales falling around 9% amid consumer backlash over Musk's political activities. His AI company xAI raised $20 billion in fresh funding and launched Grok, an AI chatbot that has drawn both interest and controversy.

    Musk's ventures provoke fierce debate. Critics point to divisive statements on his social media platform X, concern over his influence on democratic institutions, and Tesla's removal of "sustainable" from its mission statement. Supporters argue he is accelerating humanity's technological progress through SpaceX's reusable rockets, Tesla's push for mass EV adoption, and xAI's ambitions to compete with OpenAI and Google in the AI race.

    Born in Pretoria, South Africa, in 1971, Musk co-founded PayPal before staking his early fortune on Tesla and SpaceX — both of which were close to bankruptcy in their early years. His willingness to take enormous personal financial risks, combined with a confrontational management style, has shaped a cult of personality that attracts devoted followers and fierce opponents in equal measure. He has spoken openly about wanting humanity to become a multi-planetary species, with Mars as the ultimate goal.

    SpaceX's Starship programme continues to push the boundaries of space travel, with the company developing fully reusable launch systems that could transform the economics of reaching orbit. A potential SpaceX IPO, long anticipated by investors, could make Musk the world's first trillionaire. Meanwhile, Tesla is pressing ahead with its Cybercab robotaxi and autonomous driving ambitions, while Musk predicts that advances in AI and robotics could make work "optional" within two decades.

    Whether the focus is electric vehicles, rocket launches, AI breakthroughs, or political controversy, Elon Musk rarely stays out of the news for long. Our Ðǿմ«Ã½ feed on Elon Musk aggregates the latest headlines from across the web, keeping you informed on every development across his business empire and public life.


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