American billionaire Elon Musk lost $68 billion in October as SpaceX shares slid
Elon Musk's net worth dropped about $68 billion in October to $865 billion as an AI stock sell-off pushed SpaceX shares toward their IPO price.
Elon Musk
American billionaire Gwynne Shotwell gives 2 million SpaceX shares to children
SpaceX president Gwynne Shotwell and her husband are giving more than 2 million SpaceX shares to children from lower-income areas through Trump Accounts in December.
American billionaire Elon Musk's SpaceX loses $500 billion in value in a month
SpaceX shares fell to a nine-week low of $135.90, wiping more than $500 billion off the market value of Elon Musk's rocket and AI company.
American billionaire Elon Musk says SpaceX can build a US mobile network in two or three years
Elon Musk says SpaceX can build a US mobile network in two or three years; Verizon’s CEO says four to six years and $500 billion.
American billionaire Elon Musk’s SpaceX could get up to $120.5 billion from Anthropic
Anthropic’s IPO filing shows it agreed to spend up to $120.5 billion with SpaceX on compute through 2029, cancellable after early 2027.
American billionaire David Grain's firm sells airwaves to SpaceX for $8 billion
Grain Management, founded by African-American billionaire David Grain, is selling its nationwide 800 MHz airwaves to SpaceX for about $8 billion to power Starlink Mobile.
American billionaire Elon Musk's Tesla sell ratings hit 11-year low on merger hopes
Analysts are turning less bearish on billionaire Elon Musk's Tesla as they bet on a SpaceX merger, with sell ratings at an 11-year low.
American billionaire Elon Musk says his fortune will mostly go to a foundation, leaving descendants “a tiny fraction”
Elon Musk told biographer Walter Isaacson his fortune will mostly go to a foundation and that taxes would leave descendants “a tiny fraction” of it.
American billionaire Elon Musk's SpaceX borrows $40 billion to buy AI chips
Elon Musk says SpaceX has closed $40 billion in debt to buy AI chips arriving next year, and warns credit is drying up for rivals.
American billionaire Elon Musk offered free internet to 2.4 million South African students
The US ambassador to South Africa says Elon Musk offered schools free Starlink internet but refused the government's demand for 30% local ownership.
American billionaire Elon Musk could avoid $2.6 billion in taxes with SpaceX gift
Elon Musk's promise to give a SpaceX share to every American child could spare him about $2.6 billion in capital gains tax, economists say.
American billionaire Elon Musk becomes biggest US political donor with $446 million
Elon Musk has spent $446 million of his own money on the 2026 midterms, nearly three times the next-biggest donors, the Uihlein family.
American billionaire Elon Musk invests $1 billion in Hollywood giant Skydance
Elon Musk has invested about $1 billion in Skydance, giving the debt-heavy owner of Paramount and Warner Bros. fresh cash as it cuts costs.
American media billionaire John Malone predicts $10 billion Musk-Ellison deal for Skydance
John Malone expects Elon Musk's SpaceX to strike a global content deal with Skydance and invest up to $10 billion to help cut its debt.
American billionaire Elon Musk pledges $10.5 billion in SpaceX shares to US children
Elon Musk says he will give one of his SpaceX shares to every US child next year, worth about $10.5 billion in total.
Elon Musk settles lawsuits over $1 million voter giveaway
Elon Musk and America PAC have agreed to settle two lawsuits accusing them of misleading voters with a $1 million-a-day giveaway before the 2024 election.