Elon Musk, the founder of SpaceX and Tesla, is now the first person in history whose net worth has exceeded $800 billion, according to Forbes magazine. The rise in his fortune came after his rocket maker SpaceX acquired his artificial intelligence and social media company xAI,

SpaceX acquires xAI for $1.5 trillion IPO targeting orbital computing centers that could revolutionize AI infrastructure costs within three years.

SpaceX’s acquisition of his AI and social networking startup, xAI. Forbes estimates the deal, which values the new company at $1.25

Become friends with Elon Musk and, likely, the clock will be ticking. Characters as diverse as Silicon Valley tech moguls and Canadian alt-pop singer Grimes have all entered his personal orbit before later screeching out again, usually followed by some ...

SpaceX, led by Elon Musk, is seeking early access to major stock market indexes ahead of its anticipated IPO, potentially positioning itself as the largest in US history with a valuation exceeding $1 trillion.

An eccentric genius arrives in the United States from a land far away and becomes both extremely wealthy and hugely divisive. To his admirers, he is a messiah from another planet – a spaceman whose unique ways of thinking hold the key to humanity’s future.

The era of Tesla Inc (NASDAQ:TSLA) as just a car company may be just about over. CEO Elon Musk announced during the Q4 earnings call that the company will end production of its flagship Model S and Model X vehicles next quarter.