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Elon Musk

Stocks ·
Musk warns 200+ AI neoclouds face ‘guppy-level death’ as funding dries up

Elon Musk said on Sunday that more than 200 so-called neoclouds could collapse or be absorbed, arguing that lenders have pulled back from firms whose…

Rows of server racks inside an AI data center aisle with blue indicator lights
Business ·
Musk Reportedly Puts $1bn Into Skydance After Paramount-WBD Deal

Semafor reported Elon Musk put roughly $1bn into Skydance, the Paramount-Warner Bros Discovery combination, as it targets $6bn in cost savings.

Empty boardroom table with merger documents and leather chairs under dim corporate lighting
Business ·
Tesla tops Q3 estimates as Musk weighs SpaceX merger

Tesla reported better-than-expected third-quarter results on Wednesday, posting revenue of $28.05bn and earnings of $0.48 per share, according to The…

Electric cars behind showroom glass at dusk, reflecting warm interior lighting
Business ·
Anthropic to give 5% of shares, about $48bn, to public benefit fund

Anthropic will set aside 5% of its shares for a new fund aimed at the public good, a stake worth roughly $48bn (£36bn) at the company's most recent v…

People reviewing documents in a glass-walled meeting room at an office
Stocks ·
Musk Pledges One SpaceX Share to Every U.S. Child Next Year

Elon Musk said he will give one SpaceX share to every child in America next year, a pledge worth roughly $10.5 billion at Friday's closing price.

Smartphone showing an unreadable social post next to a model rocket and a stock chart on a desk