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The Latest Breaking News from Elon Musk

Afternoon Update: US and Iran reach peace deal; shark expert criticises Tony Abbott; and the Socceroos’ it-bags

Trump will attend G7 Summit in France, where Macron says the deal between US and Iran will be discussed, as global oil prices tumble

The Guardian - AU

Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports

Australian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes as SpaceX's initial public offering set records. Rinehart's company, Hancock Prospecting, sees potential for future collaboration with SpaceX on critical mineral supplies. SpaceX shares saw a strong debut, increasing the…

The Economic Times

AAP Rolling News Bulletin June 15, 1730

AAP Rolling News Bulletin for June 15 at 1730

AAP

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Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO

The Guardian - AU

FED:Australia's richest woman takes $1.4b stake in SpaceX

Gina Rinehart's company says it has made a "significant investment" in Elon Musk's SpaceX - reportedly a 10-figure one.

AAP

Australia's richest woman takes $1.4b stake in SpaceX

Gina Rinehart's company says it has made a "significant investment" in Elon Musk's SpaceX - reportedly a 10-figure one.

AAP

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

“I need more data than Elon does to make a decision,” Gwynne Shotwell once said.

Fortune

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Elon Musk says SpaceX could bring $1 trillion in revenue by 2030

Elon Musk predicts SpaceX could generate over $1 trillion in revenue by 2030, a bold statement following the company's valuation exceeding $2 trillion. Despite recent revenue growth, SpaceX reported a net loss in 2025, prompting caution from some Wall Street analysts whose projections fall significantly short of Musk's ambitious target.

The Economic Times

Elon Musk, world's first trillionaire, on what it would take to reach $1,000,000,000,000,000 and become a quadrillionaire

Elon Musk has reportedly become the world's first trillionaire following SpaceX's record-breaking IPO. While acknowledging the possibility of becoming a quadrillionaire, Musk stated it would require establishing factories on the Moon and Mars, suggesting traditional currencies may become obsolete by then.

The Economic Times

Will SpaceX's $75 billion IPO set the ball rolling for Reliance Jio and NSE listings in India?

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical easing could also play a role.

The Economic Times

Elon Musk claims: ‘SpaceX could hit $1 trillion in revenue by 2030’; far beyond Morgan Stanley's projection

Elon Musk has never been shy about stretching timelines or expectations, but his latest comment about SpaceX lands on a scale that makes even the most optimistic market forecasts look restrained. Elon Musk’s writing on X in response to a Morgan Stanley projection, he suggested the company could be pulling…

The Times of India

Fable 5 wake-up call; Indians chase SpaceX jackpot

Happy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Morning Dispatch.

The Economic Times

SpaceX IPO: Indians queue up to invest more in US stocks

SpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on platforms like Vested Finance and IndMoney surging by 20-25%. SpaceX raised $75 billion in its IPO at a valuation of over $1.7 trillion.

The Economic Times

Wall St ends higher as SpaceX's market debut dominates

US stocks have closed higher as Elon Musk's SpaceX became Wall Street's biggest public listing in history.

AAP

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The Guardian - UK

Police stop Tommy Robinson on his way back to London from Russian trip

Met seizes far-right activist’s phones after he disembarks flight at Heathrow under counter-terrorism provisions

The Times of India

Nasa grants, tax credits and federal support: How US government helped Elon Musk become the world’s first trillionaire

Elon Musk’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.

International Business Times UK

The $700 Billion Jump: How Donald Trump's Election Propelled Elon Musk to Trillionaire Status

Elon Musk's net worth surpassed 11 trillion after SpaceX's Nasdaq debut, sparking political debate on wealth inequality led by Bernie Sanders and other politicians.

The Economic Times

Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindset

Elon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. His approach, exemplified by SpaceX and Tesla, emphasizes long-term vision and persistence. This strategy has fueled his vast business empire, spanning electric vehicles, space exploration, and AI, demonstrating the power of learning…

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International Business Times UK

The Self-Made Myth: How Billions in Taxpayer Contracts and Grants Built Elon Musk's Trillion-Dollar Fortune

Elon Musk becomes the world's first trillionaire following SpaceX's record IPO, highlighting the significant role of government contracts and support in his companies' success.

Fortune

SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history

Elon Musk once gave SpaceX less than a 10% chance of surviving.

Fortune

A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk's trillionaire SpaceX wealth

SpaceX's record IPO made Musk a trillionaire—and created a wealth-management challenge no advisor has ever faced.

The Guardian - UK

Elon Musk and co may relish march of the robots but there must be AI boundaries in the workplace

As technology advances quickly, firms should not lose sight of what qualities humans bring to jobs

The Guardian - UK

X accused of giving racists ‘impunity’ after refusing to bar N- and P-word posts

Site takes no action over hate posts against UK politicians including Kemi Badenoch, Shabana Mahmood and Zia Yusuf

The Economic Times

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with…

The Economic Times

Elon Musk becomes world's first trillionaire, but lives in a 20x20-foot home with an almost empty fridge

Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial…

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Alexandria OcasioCortez

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