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Elon Musk
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The clause that could hand Musk his $824bn payday without the milestonesBuried on page five of the 16-page CEO Performance Award Agreement is a change-in-control clause: if Tesla is acquired or merges, the operational milestones get disregarded and only the market-cap …X's product chief lasted one year. That's the actual newsNikita Bier joining X's product team in 2025 was framed as a coup, the app-building wunderkind behind Gas and tbh finally getting a platform with real scale. His exit after twelve months fits a pat…SpaceX's first earnings test lands right as $100bn in stock unlocksSpaceX has never had to answer public-market-style earnings questions, and the timing here is brutal: its first real scrutiny arrives days before roughly $100bn of employee and early-investor stock…Musk just paid to make the advertiser boycott lawsuit disappearElon Musk settling with the advertising industry group he sued for orchestrating an X boycott closes one of the messier legal threads from Twitter's collapse in ad revenue after the 2022 takeover. …New Zealand's Rocket Lab founder takes on Musk and BezosPeter Beck is scaling Rocket Lab into direct competition with SpaceX and Blue Origin, a bet that the launch market has room for a third serious player.SpaceX slipping below its IPO price is the market pricing Musk risk, not Starlink riskShares dipped under the listing price for the first time since going public, and bond yields are drifting toward junk territory, which is a much bigger tell than the equity move. Starlink revenue a…Frontier Airlines caving on Wi-Fi tells you Starlink won the inflight betThe last major US budget carrier holding out on inflight Wi-Fi just partnered with Starlink, which settles an argument that's run for a decade about whether low-cost airlines could skip connectivit…Tesla's Q2 sales rebound tells investors what they want to hear, but the manslaughter charge tells the harder storyTesla reported a stronger-than-expected Q2 sales figure, with deliveries rebounding sharply from a bruising Q1 and apparently signalling that the Musk-related brand damage has a ceiling. Investors …SpaceX's $75bn IPO makes Musk the world's first trillionaire and hands him an acquisition war chestSpaceX opened on Nasdaq at $150 per share, roughly 11% above its IPO price, and closed day one near $161, generating approximately $75 billion in proceeds and pushing Musk's net worth past the tril…Elon Musk's Wall Street consolidation play is the business story hiding behind the headlinesThe emerging read on Musk's corporate strategy is not the personality spectacle but the financial architecture: using Tesla's balance sheet, xAI's compute narrative, and X's data assets as interlin…Musk's SpaceX files for record $75bn IPO with trillionaire incentivesSpaceX is preparing what would be the largest IPO in history, targeting around $75-80 billion at a $1.75 trillion valuation. The filing includes extraordinary governance provisions that could grant…SpaceX seeks $75bn in largest IPO everMusk's rocket company is planning to raise $75 billion at a $1.75 trillion valuation, which would make it the largest public offering in history. The company plans to sell 555.6 million shares at $…SpaceX pulls IPO target down to $1.8 trillionSpaceX reset its IPO valuation to 'at least $1.8 trillion' after earlier talk of exceeding $2 trillion, as institutional feedback forced a reality check. The company is seeking to raise up to $75 b…SpaceX IPO structure locks in Musk's 83% voting control despite 42% stakeMusk has pre-wired his grip on SpaceX through supervoting shares and mandatory arbitration before going public later this year. The filing shows he controls 83.8% of voting power while holding just…SpaceX scrubs first Starship V3 launch moments before liftoffThe newly redesigned rocket was fueled and seconds from launch when SpaceX called a halt, marking another setback for a system the company has spent $15 billion developing. Friday's attempt represe…Starlink drives 70% of SpaceX's $13.1bn revenue as rocket dreams fund realityMusk's intergalactic ambitions run on terrestrial internet subscriptions, with Starlink's 6 million users generating the bulk of SpaceX's record revenue and $5.7 billion gross profit. The satellite…SpaceX files for $1.75 trillion IPO with Musk keeping 85% voting controlSpaceX submitted a confidential S-1 targeting a $1.75 trillion valuation that would dwarf Saudi Aramco's $29 billion record, but Musk retains 85% voting power despite a lower economic stake through…Delaware court voids Musk's $56bn Tesla pay packageDelaware's Court of Chancery voided Elon Musk's $55.8 billion Tesla compensation package, finding that he was a 'controlling stockholder' despite owning just 21.9 percent of the company due to his …Musk's expert claims OpenAI should be worth $200bn moreElon Musk's nonprofit law expert told an Oakland courtroom that OpenAI Foundation deserves "a lot more" than $200 billion in assets. David Schizer argued OpenAI's evolution from charity to $850 bil…Brockman testifies Musk threatened physical violence over OpenAI controlOpenAI president Greg Brockman told a San Francisco federal court that Elon Musk demanded 62.5% control of the company in 2017, prompting a confrontation where Brockman feared physical attack. The …Musk accuses Altman of stealing a charity in OpenAI trialElon Musk's $150 billion lawsuit against OpenAI opened Tuesday with his attorney calling Sam Altman a thief who "stole a charity." The trial in Oakland federal court hinges on OpenAI's 2019 pivot f…Intel shares jump as Musk commits Terafab to latest chipmaking techIntel stock gained after Musk confirmed his planned Terafab facility will use Intel's most advanced manufacturing processes. The endorsement provides Intel with a marquee customer for its foundry a…