President Donald Trump announced this afternoon that Elon Musk’s SpaceX shares for children will be given through Trump Accounts. Musk said earlier today that he would give one of his SpaceX shares to “every kid in America” sometime next year. Musk had thanked Trump Account booster Brad Gerstner for “helping enable this,” and Trump appeared […]
Elon Musk says he plans to give one of his SpaceX shares to every child in the US starting next year. With around 72 million children in the US as of July 2025, Musk would be giving away about $10.5 billion worth of shares, according to a report from CNBC. Musk, who runs SpaceX and […]
Tesla’s proxy for its 2026 annual meeting, filed today, confirms that one of its supposedly independent directors now sits on SpaceX’s board. Ira Ehrenpreis, who chairs both Tesla’s compensation committee and its governance committee, joined SpaceX’s b…
That’s more than $10 billion in shares, or around 1% of Musk’s current net worth.
A four-hour documentary about Elon Musk continues to meet resistance from social media platforms.
Just ahead of the wider release of Alex Gibney’s Musk documentary, TikTok has banned the film’s social media account from its platform. TikTok did not immediately respond to a request for comment. According to The Hollywood Reporter, the film’s distributor, Bleecker Street, was informed Friday afternoon that a “permanent suspension” was imminent. Bleecker Street has […]
In 2024, Elon Musk promised to give away $1 million a day to a randomly selected registered voter in a swing state. That prompted legal challenges, raised questions about its legality, and drew lawsuits from two Arizona residents claiming the lottery was a fraud. Musk has now agreed to settle the two lawsuits filed in […]
Today, I’m talking with Walter Piecyk, a partner and analyst at LightShed Partners who covers tech, media, and telecom, about SpaceX’s recently announced plan to become a major wireless carrier. Last week, SpaceX agreed to buy a big chunk of low-band spectrum to expand the Starlink network, spectrum that’s been traded around the telecom business […]
Last night, Elon Musk gave the people what they want: a car driving vertically up a multistory ramp, launching off the edge, executing a midair “kickflip” over a lineup of Teslas, and landing via cold-gas thrusters. That’s what the people want, right? “We were promised flying cars,” sure, but isn’t the operative word in that […]
The new car used thrusters to leap over a Cybercab, Cybertruck, Tesla Semi, Model Y, and Model 3 at a demo in Texas.