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SpaceX’s market debut jumped 19% on day one, lifting Elon Musk’s fortune past $1 trillion and making him the world’s first trillionaire, according to the Bloomberg index.

Elon Musk has called Bitcoin an ‘energy currency’ whose value is rooted in physics and electricity rather than government policy, and mused that AI and robots could one day make money itself obsolete.

Elon Musk has unveiled AI1, SpaceX’s first orbital data-centre satellite — a 70-metre-wingspan craft carrying a Nvidia-class compute payload that SpaceX wants to mass-produce and fly off Earth’s power grid, days ahead of its IPO.

WHY THIS MATTERS IN BRIEF At the moment most ev trucks are expensive and limited in range, the Cyber Truck…

WHY THIS MATTERS IN BRIEF Elon Musk believes that autonomous transport is at least a $5 Trillion market opportunity, and…

WHY THIS MATTERS IN BRIEF Many Billionaires live in cuckoo land – yes, more will be “abundant” but companies will…

WHY THIS MATTERS IN BRIEF Musk is increasingly in all of the critical industries that matter to the future, and…

WHY THIS MATTERS IN BRIEF Tesla and other EV companies are increasingly becoming energy brokers, distributors, and retailers to compete…

WHY THIS MATTERS IN BRIEF BYD is ratcheting up the pressure on Tesla and other EV manufacturers by offering it’s…

WHY THIS MATTERS IN BRIEF Years after Elon Musk said full Self Driving would be available Tesla is now increasingly…

WHY THIS MATTERS IN BRIEF Elon Musk has a beef with Sam Altman and OpenAI, and now he wants to…

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