All posts tagged: Musk

Elon Musk Becomes World’s First Trillionaire After Historic SpaceX IPO

Elon Musk Becomes World’s First Trillionaire After Historic SpaceX IPO

Elon Musk’s fortune has crossed a line no individual has reached before. SpaceX’s Nasdaq debut pushed Musk’s estimated net worth above $1 trillion after shares rose 19% on their first day of trading. The milestone reflects both the scale of SpaceX’s new public valuation and Musk’s unusually concentrated stakes across Tesla, SpaceX, and other ventures. Musk was already the richest man on the planet before the SpaceX IPO, with a net worth more than three times that of the next-closest individual, Larry Page, the co-founder of Google. He is the only one among the 10 wealthiest billionaires to derive a large portion of his net worth from multiple companies. While Musk will not be able to access a large portion of his net worth, he can borrow against his shares to raise billions of dollars in cash for future acquisitions or investments. It may not be the end of Musk’s net worth growth either, with a Tesla pay package that could award him $1 trillion if he meets key objectives and the company’s valuation surpasses …

After Elon Musk, Greeks feel Christopher Nolan’s The Odyssey doesn’t sound Greek to them | Hollywood News

After Elon Musk, Greeks feel Christopher Nolan’s The Odyssey doesn’t sound Greek to them | Hollywood News

Billionaire businessman Elon Musk may have his own reasons of calling out Christopher Nolan’s “anti-white racism” for casting Black actor Lupita Nyong’o as the Helen of Troy in his upcoming ancient epic The Odyssey, a film adaptation of the text by ancient Greek poet Homer.  But his concerns of the lack of Greek representation in the film have now found resonance in people from Greece itself. A guest contributor in the Greek City Times called out Nolan’s ignorance of their people in a recent open latter.  “Greek people did not disappear after the age of myth. Greek culture was not frozen in classical marble. Greek language was not extinguished in antiquity. We are still here,” they wrote, adding, “For more than 3,000 continuous years, Greek identity has persisted through transformation rather than disappearance.” “At every stage, something essential remained unbroken: language, memory, and cultural continuity. Greek is still spoken today, the oldest continuously surviving language in Europe. Not reconstructed. Not revived. But lived. That continuity matters when stories like The Odyssey are retold,” the author argued. …

The Boys’ Elon Musk parody leaves world’s richest man fuming: ‘Pathetic’

The Boys’ Elon Musk parody leaves world’s richest man fuming: ‘Pathetic’

Amazon Prime Video’s The Boys has once again sparked controversy after the show’s finale featured a billionaire tech tycoon who was widely interpreted by viewers as a parody of Elon Musk. Elon Musk slammed The Boys, earning a response from show creator Erik Kripke. (X/@wasuptalababy) In the finale, a satirical character, named Gunter Van Ellis, was introduced as the “world’s richest man,” an “amateur astronaut,” and someone with 17 children. The details given for the character are somewhat similar to some of the details of Elon Musk, and many fans quickly linked the character to Musk. The character was later killed in a brutal sequence involving Homelander. The character and its end triggered major reactions online. Also read: The Boys Season 5 finale: Will there be a Season 6? All about possible spin-offs Musk reacted to the finale: ‘Pathetic’ Musk later reacted to criticism surrounding the finale on X, responding to a post criticizing the show’s ending with a one-word response, “Pathetic.” The backlash quickly evolved into an online feud between Musk and The Boys’ …

OpenAI defeats Musk in lawsuit over nonprofit mission, removing IPO obstacle | Technology News

OpenAI defeats Musk in lawsuit over nonprofit mission, removing IPO obstacle | Technology News

A US jury on Monday ruled against Elon Musk in his lawsuit against OpenAI, finding the artificial intelligence company not liable to the world’s richest person for having allegedly strayed from its original mission to benefit humanity. In a unanimous verdict, the jury in Oakland, California, federal court said Musk brought his case too late. The jury deliberated less than two hours. The three-week trial had widely been seen as a critical moment for the future of OpenAI and artificial intelligence generally, both in how it should be used and who should benefit from it. The verdict simplifies the path for OpenAI to proceed with a possible initial public offering that could value the business at $1 trillion. But OpenAI’s public face, Chief Executive ⁠Sam Altman, must ​also address the challenges to his reputation from some extremely personal testimony during the trial, including multiple witnesses describing him as a liar. Musk said he will appeal, repeating his claim that Altman and OpenAI President Greg Brockman viewed OpenAI as a means to great wealth. “Altman & …

Elon Musk loses lawsuit against OpenAI and its CEO Sam Altman | World News

Elon Musk loses lawsuit against OpenAI and its CEO Sam Altman | World News

1 min readUpdated: May 18, 2026 11:36 PM IST Tesla and SpaceX CEO Elon Musk on Monday lost a lawsuit against OpenAI and its CEO Sam Altman after a US jury found that the artificial intelligence company was not liable to Musk for having allegedly strayed from its original mission to benefit humanity. The jury in California federal court, Oakland, in a unanimous verdict, held that Musk brought his case too late. The trial in the matter had begun on April 28, Reuters reported. In the lawsuit, Musk had accused Altman of violating a non-profit contract by shifting OpenAI, the maker of ChatGPT, to a for-profit company after the world’s richest person donated $38 million. Musk argued that Altman swindled him by accepting the $38 million charity and then going back on OpenAI’s original non-profit mission to develop artificial intelligence for the benefit of humanity, BBC reported. Expand The Express Global Desk at indianexpress.com which delivers authoritative, verified, and context-driven coverage of key international developments shaping global politics, policy, and migration trends. The desk focuses …

Elon Musk slams Christopher Nolan for casting Lupita Nyong’o as ‘race-swapped’ Helen in The Odyssey: ‘Insult to Homer’

Elon Musk slams Christopher Nolan for casting Lupita Nyong’o as ‘race-swapped’ Helen in The Odyssey: ‘Insult to Homer’

The Odyssey, Christopher Nolan‘s adaptation of Homer’s ancient Greek epic, has been facing considerable backlash on social media for its casting choices. At its centre are the casting of Elliot Page and Lupita Nyong’o. The latter plays Helen of Troy in the film. Many social media users have criticised casting a black woman to play a character from ancient Greece, while others have defended the choice saying Odyssey is a work of fiction, open for interpretation. Elon Musk has criticised Lupita Nyong’o’s casting as Helen of Troy in The Odyssey. Now, Tesla CEO and world’s richest man Elon Musk has also waded into the controversy, criticising Nolan and saying he has ‘race-swapped’ characters as ‘he wants awards’. Musk owns the social media platform X (formerly Twitter), where much of the discourse around The Odyssey is taking place. The controversy began after Nolan confirmed that Lupita would portray Helen of Troy and her sister Clytemnestra in the epic adaptation of Homer’s classic poem. Elon Musk criticises Nolan’s The Odyssey Reacting to the casting on social media …

How Elon Musk used SpaceX to benefit himself and his businesses | Technology News

How Elon Musk used SpaceX to benefit himself and his businesses | Technology News

In January 2018, Elon Musk needed $100 million. Instead of calling a bank, he turned to SpaceX, the rocket company he founded and where he serves as CEO. Over the next three years, Musk borrowed a total of $500 million from his company. The loan terms were significantly lower than what most banks offered, with an interest rate that fluctuated from less than 1% to nearly 3%, according to internal SpaceX documents obtained by The New York Times. The documents did not say how Musk planned to use the money, which he paid back to SpaceX by the end of 2021. The loans and their exceptionally kind terms, which are not permitted at public companies, were possible only because SpaceX is privately held. They were just one way Musk has used SpaceX as a kind of piggy bank over the last two decades, according to an examination by the Times based on corporate filings, lawsuits, internal documents and interviews with people close to the firm. Musk not only secured loans from SpaceX to himself, but …

Indian government refutes report of Elon Musk joining Modi-Trump phone call| India News

Indian government refutes report of Elon Musk joining Modi-Trump phone call| India News

The government on Saturday refuted a media report that billionaire Elon Musk joined a phone call between Prime Minister Narendra Modi and US President Donald Trump this week, with the external affairs ministry saying only the two leaders participated in the conversation. Ministry says only PM Modi and President Trump participated in the March 24 call, denying reports of Elon Musk’s presence. The New York Times reported that Musk participated in the phone call between Trump and Modi on Tuesday, describing it as an “unusual appearance by a private citizen on a call between two heads of state during a wartime crisis.” External affairs ministry spokesperson Randhir Jaiswal acknowledged the report and said: “The telephone conversation on March 24 was between Prime Minister Narendra Modi and President Donald Trump only.” He added, “As has been stated earlier, it provided the opportunity for exchange of views on the situation in West Asia.” People familiar with the matter said the PM spoke only to Trump. “There was no one else who spoke to the PM,” one person …

Elon Musk joined Trump-Modi call to discuss West Asia conflict: Report| India News

Elon Musk joined Trump-Modi call to discuss West Asia conflict: Report| India News

Billionaire Elon Musk had joined the phone call between Prime Minister Narendra Modi and United States President Donald Trump to dicuss the West Asia conflict, New York Times reported on Friday. PM Modi held a phone call with Trump earlier this week. (AFP) PM Modi held a phone call with Trump earlier this week, wherein the Prime Minister asserted India’s backing for restoration of peace in West Asia at the earliest and ensuring that the Strait of Hormuz remains open and secure for the global community. The US President dialled PM Modi to discuss the situation in the Gulf region amid growing concerns about food and fuel security, the Prime Minister stated. According to the NYT report, Musk’s participation in the phone call between the two leaders on Tuesday (March 24), which is unusual for a private citizen during a crisis, could also signal a thaw in relations between the entrepreneur and US President Trump. Musk, who was a part of the Trump administration earlier, had a falling out with the US President which led …

After spat with CEO and calling him an idiot, Elon Musk asks if he should buy Ryanair | World News

After spat with CEO and calling him an idiot, Elon Musk asks if he should buy Ryanair | World News

Ryanair on Tuesday announced a ‘Big Idiot Seat Sale’, which the airline said is available only for Elon Musk and any other idiot on X. Ryanair is widely known for its savage and sarcastic social media responses on social media to passenger complaints took a swipe at the world’s richest man after Musk floated the idea of buying the budget airline. Don’t thank us, thank that big “IDIOT” @elonmusk 👀 Sale now on👇https://t.co/0c6IvsKyyB pic.twitter.com/JAxRNzaYTa — Ryanair (@Ryanair) January 20, 2026 In a separate post on X, Ryanair said its CEO will “address/undress Elon Musk’s Twitter tantrum. “Ryanair CEO, Michael O’Leary, has called a press conference at 10:00 tomorrow (Wed, 21 Jan) in Dublin to address (undress??) Elon Musk’s latest Twitshit.“Musk knows even less about airline ownership rules than he does about aircraft aerodynamics”, said MOL.Perhaps Musk needs a break?? Ryanair is launching a Great Idiots seat sale especially for Elon and any other idiots on ‘X’. 100,000 seats for just €16.99 one-way.Buy now before Musk gets one!!!,” the post said. .@elonmusk pic.twitter.com/c0rHEiJrIz — Ryanair (@Ryanair) …