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The Latest Breaking News from Elon Musk

Anthropic IPO filing ratifies Wall Street's AI obsession

Tech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price its IPO this month and Anthropic rival OpenAI, led by Sam Altman, is waiting on deck.

The Economic Times

SEC defends Musk settlement over Twitter, saying it reflects 'compromises'

In a filing in the Washington, D.C. federal court, the SEC also said in a footnote that the settlement if approved will allow Musk to publicly deny its accusations, reflecting a recent policy ‌change governing defendants ⁠who settle ⁠enforcement actions.

The Economic Times

Elon Musk Labeled 'Evil' After Exposé Claims His USAID 'Wood Chipper' Killed Hundreds of Thousands

A former USAID health chief alleges Elon Musk helped dismantle the aid agency while serving in Trump's administration, harming 'hundreds of thousands' of people.

International Business Times UK

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87-year-old Florida man dies after Tesla on Autopilot mode crashes into pond

A Florida man died after his Tesla left a road and crashed into an electrical box and plunged into a pond while operating in Autopilot mode.

The Times of India

AI firm Anthropic confidentially files to go public

Anthropic announced last week it raised $65 billion in private funding, pushing its valuation to $965 billion

The Independent UK

SpaceX reserves up to 5% of IPO stock for staff and friends

SpaceX has reserved up to 5% of its upcoming IPO shares for employees and friends of executives, with strict lock-in rules covering most stock including Elon Musk’s holdings. The filing also highlights Nvidia chip-powered AI compute deals, water scarcity risks, and valuation targets between $1.8 trillion and over $2 trillion.

The Economic Times

Anthropic confidentially files for initial public offering on US stock market

Financial stakes of the AI race rise as Elon Musk’s SpaceX, OpenAI and Anthropic are slated to go public this year

The Guardian - US

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Elon Musk Reacts to Claim His Trans Daughter is the Reason He Bought X, Blocked a Kamala Harris Presidency

Elon Musk responded to claims involving his transgender daughter and X, while Vivian Wilson appeared as the face of a new Savage x Fenty Pride campaign.

International Business Times UK

Grokalypse Now: Musk’s AI destroys civilization in just four days in AI simulation

IN FULL

The Independent UK

Elon Musk’s Grok destroyed the world after just four days in an AI simulation

The experiment saw other AI chatbots, like Anthropic’s Claude, set up stable democracies

The Independent UK

SpaceX’s $1.4 billion Bitcoin hoard is a strategic reserve for its cash—and an accounting headache

“Marking $1.45 billion in Bitcoin to market each quarter can produce wild swings … that have nothing to do with rocket launches or satellite performance”

Fortune

Ghost in the Machine review – entertaining AI polemic dives into its dark history in race politics and eugenics

The roots of AI in rightwing ideology is examined in Valerie Veatch’s enjoyable doc, including an array of colourful, often crazed, figures

The Guardian - UK

A SpaceX-Tesla union would mark the largest merger of all time. But does the math work?

A new Fortune analysis gauges what a merger would mean financially.

Fortune

Michael Burry Calls Elon Musk-Nvidia AI Deal 'Fugazi' — Warns Retirees of Hidden Risks

Michael Burry criticises Nvidia and xAI for risky AI expansion tactics, potentially endangering US retirees' savings. How these strategies impact the AI industry and retirement funds.

International Business Times UK

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The Independent UK

SpaceX IPO: Stellar opportunity or an investing misfire?

Elon Musk’s AI and rockets company will launch on the stock market on 12 June

International Business Times UK

Elon Musk Sparks $2 Trillion IPO Panic After His Own Tweet Blows Hole in SpaceX and xAI Money Claims

Elon Musk's social media post has disrupted revenue assumptions for SpaceX and xAI, challenging a proposed $2 trillion valuation and highlighting uncertainties in AI.

The Times of India

The 10 richest people in the world: Elon Musk, Larry Page and Jeff Bezos lead the global wealth race

The richest people in the world have become even richer than ever before due to the ongoing emergence and development of artificial intelligence, cloud computing, and infrastructure technologies. The combined wealth of the world’s richest people has increased to around $2.9 trillion. This rise mainly occurred during the past month,…

The Economic Times

Blue Origin faces months of delays after rocket explosion damages launch pad

The mishap, which occurred during a test fire of the engines for the New Glenn rocket's launch next week, comes at a critical time for Jeff Bezos' business empire. His companies Blue Origin and Amazon are seeking to establish themselves as viable challengers in the heavy-lift and global satellite internet…

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Bangkok Post

Musks' Starship is flawed but still useful

With a record of five failures and six partial successes in his Starship program, the 12th launch on May 22 of Elon Musk's BFR (as he and the boys used to call it before the PR people intervened) was critical for the success of the whole SpaceX enterprise. Doubts were…

The Guardian - US

Our tech overlords are planning for conscious AI to conquer the cosmos. What could go wrong?

A new belief set is uniting some of the wealthiest men in the world around a ‘transhuman’ future – actual humanity be damned

Fortune

Elon Musk wants to merge SpaceX and Tesla into a $3.4 trillion giant. The problem: it would lose money from day one

A SpaceX-Tesla union would mark by far the largest merger of all time.

International Business Times UK

Elon Musk Allegedly Linked to Secret Throuple Arrangement Involving Katie and Stephen Miller

Rumours of Elon Musk's alleged 'throuple' with Katie and Stephen Miller have sparked widespread speculation in Washington DC, though no evidence supports the claims.

Barchart

The SpaceX IPO Is a Bet That Retail Investors Love Elon Musk So Much They’ll Fund His Money-Losing Empire

The SpaceX IPO is an optical illusion hiding in plain sight.

The Economic Times

Blue Origin faces months of delay after rocket explosion damages launch pad, puts launch schedule at risk

Blue Origin's New Glenn rocket launch pad suffered extensive damage after an engine test fire explosion. This incident will cause a significant delay of at least six months for rebuilding. Amazon's satellite deployment schedule faces jeopardy and SpaceX's dominance in the commercial launch market is further strengthened. NASA's lunar ambitions…

International Business Times UK

Elon Musk, Ashley St. Clair Custody Battle: Influencer Shares Rare Snap of Romulus, Drops Cryptic Message

Ashley St. Clair has shared a rare beach photo of her and Elon Musk's son Romulus, pairing it with a pointed musical message as their custody battle continues.

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