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The Latest Breaking News from Elon Musk

Trump UFC White House Plot Reveals Alleged Hit List Naming Musk, Vance and Netanyahu

A plot to attack a White House event with drones was thwarted, leading to five arrests. The incident highlights security risks from evolving technologies.

International Business Times UK

$2.75 trillion mcap SpaceX rockets past Amazon with 66% stock surge in 3 days

SpaceX's market valuation surged past Amazon and briefly exceeded Microsoft's on Tuesday, driven by intense trading in its newly listed option contracts. The company's shares jumped significantly above its IPO price, reflecting investor confidence in its diverse business ventures. This rapid ascent places SpaceX among the world's most valuable companies.

The Economic Times

Elon Musk's AI tool Grok was used in strikes against Iran, Trump administration says

Elon Musk's AI tool Grok is now part of US military operations. The US government revealed Grok's use in strikes against Iran. This information emerged in a legal brief defending xAI's data center. Pentagon AI chief Cameron Stanley confirmed Grok's role in military programs. This technology is enhancing operational efficiency…

The Economic Times

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Trump's birthday attack plot: FBI arrests five in foiled White House UFC conspiracy targeting US President, Vance, Netanyahu & Musk

The FBI disrupted a planned attack targeting US President Donald Trump's 80th birthday event and UFC cage-fighting show at the White House this past weekend. They have arrested five suspects who allegedly discussed using explosives-laden drones and shooting panicked crowd members as they fled, according to court papers that were…

The Times of India

Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceX

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a…

The Economic Times

Trump’s DoJ intervenes to back Elon Musk in datacenter pollution lawsuit

Justice department urges judge to throw out suit brought by NAACP over xAI’s methane-gas turbines in Mississippi

The Guardian - US

Elon Musk Condemns UK Social Media Restrictions as Government Surveillance Trick

Elon Musk has attacked UK Prime Minister Keir Starmer's plan to ban under-16s from social media, claiming it is really a surveillance move that turns Britain into a 'police state'. The row also revives Musk's bitter feud with Starmer over the killing of Henry Nowak and protests about police conduct.

International Business Times UK

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In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion data center in Mississippi

AAP

SpaceX surges past Amazon, Microsoft: Why are Elon Musk-led company's stocks, valuation rising?

SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carries a higher valuation than the other trillion-dollar behemoths.

The Economic Times

Pentagon used Elon Musk’s Grok AI to fire 2,000 missiles at Iran, official says

Top defense official says data centers powering trillionaire’s chatbot are critical to national security

The Independent UK

The Battle of the Musks: Why Cathie Wood Sold Tesla Stock to Buy SpaceX

Cathie Wood just trimmed Tesla and piled into SpaceX after its record-breaking IPO. Let’s see why one of Musk's biggest believers is changing course.

Barchart

Who Is Michael Truell? The 25-Year-Old Cursor CEO Behind Spacex's $60 Billion Deal Option

Cursor CEO sold his AI coding startup to SpaceX for $60bn. The MIT dropout became Silicon Valley's fastest-rising tech entrepreneur but tech community is divided over this record-breaking acquisition.

International Business Times UK

Dear SpaceX Stock Fans, Mark Your Calendars for June 16

Options on SpaceX will be available starting today.

Barchart

SpaceX just spent $60 billion on Cursor — and it proves AI chatbots aren't the future anymore

SpaceX's $60 billion acquisition of Cursor signals a major shift in AI — from chatbots that answer questions to agents that can actually complete work.

Tom’s Guide

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Barchart

The Risk of ‘Unproven Outcomes’ Has This Analyst Betting SpaceX Stock Will Fall 30% from Here

SpaceX may be Wall Street's newest obsession, but one analyst warns that sky-high expectations could be setting investors up for a hard landing.

Fortune

Elon's super currency: SpaceX' surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading

SpaceX's stock appreciated by the entire $60 billon price of Cursor in just a matter of hours on its first day of trading, showing the power of Elon Musk's new acquisition supercurrency.

The Independent UK

Elon Musk’s SpaceX to buy AI coding firm in $60bn deal as valuation rockets after IPO

The deal will see Musk’s spaceflight and technology business take over Anysphere, the San Francisco-based company behind the coding platform Cursor

Fortune

SpaceX just surpassed Amazon’s market cap, overtaking the 31-year-old company on day three of public trading

Elon Musk has made more money today than Warren Buffett has made in his entire career.

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The Independent UK

Trump’s DOJ defends Elon Musk-owned data center against NAACP lawsuit

IN FULL

Evening Standard

SpaceX strikes £45bn deal for AI coding firm as valuation rockets after IPO

Shares in SpaceX have rocketed since its hotly-anticipated IPO on Friday and news of the acquisition helped fuel a fresh uplift.

The Independent UK

Trump’s DOJ defends Musk’s ‘Colossus’ data center despite claims it threatens Black communities

Elon Musk’s Grok platform provides ‘critical support for the Department of War’s military operations,’ the DOJ said

The Guardian - UK

SpaceX overtakes Amazon to become world’s fifth most valuable company

Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup Cursor

The Economic Times

Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now…

International Business Times UK

Elon Musk Suffers Second Court Blow In A Month As Judge Throws Out xAI's Lawsuit Against OpenAI

Elon Musk's xAI loses a trade-secrets lawsuit against OpenAI as a federal judge dismisses the case, marking Musk's second legal defeat against OpenAI in a month.

International Business Times

SpaceX Surges Past Microsoft And Becomes The Fourth Most-Valuable Company In The U.S.

SpaceX is now the fourth largest company in the U.S. by market capitalization in its third day of trading.

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