In January 2018, Elon Musk needed $100 million. Instead of calling a bank, he turned to SpaceX, the rocket company he founded and where he serves as chief executive. Over the next three years, Mr. Musk borrowed a total of $500 million from his company. The loan terms were significantly lower than what most banks…
Tesla’s profit rose slightly during the first quarter, the company said Wednesday, but fell short of Wall Street expectations and was well below levels seen a few years ago as car sales remained tepid. The carmaker earned $477 million in the first three months of 2026, compared with $409 million a year earlier. Sales rose…
For years, SpaceX’s mission was clear: Get humans to Mars. “The most powerful thing we could do is establish a second, self-sustaining civilization outside of Earth,” Elon Musk, SpaceX’s chief executive, told Forbes in 2003, a year after founding the company. “And the only place that’s really feasible is Mars.” As a reminder of that…
Mike Winkelmann, the digital artist known as Beeple, has placed himself at the center of the pack — literally — with his latest viral installation at Art Basel Miami Beach, and there’s still time to see it through Sunday. His “Regular Animals” project features $100,000 robotic dogs outfitted with hyper-realistic heads resembling Elon Musk, Mark…
Shorouk Express Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email Changes at Elon Musk’s X may have unwittingly revealed that many MAGA accounts are actually foreign actors profiting from the sowing of division…
Shorouk Express Musk was reacting to von der Leyen’s unveiling of the European Democracy Shield, a new strategy to step up the fight against foreign interference online, including in elections. “Democracy is the foundation of our freedom. Democracy is the foundation of our prosperity. Democracy is the foundation of our security,” von der Leyen wrote…
Elon Musk and Sam Altman are still taking swipes at each other on Musk’s social media platform X. While both men were founders at OpenAI, where Altman is CEO, they have subsequently sparred across social media, court filings, and corporate blog posts. The latest exchange began when Altman posted what he called “a tale in…
Shorouk Express On The Ground newsletter: Get a weekly dispatch from our international correspondents Get a weekly dispatch from our international correspondents Get a weekly international news dispatch A Kremlin envoy has proposed a “Putin-Trump” rail tunnel between eastern Russia and the US state of Alaska to “symbolise unity”, even suggesting that it could be…
Shorouk Express LONDON — Keir Starmer’s U.K. government has a new line on Elon Musk: “get the hell out” of Britain. The billionaire owner of X and Tesla has repeatedly attacked Starmer on his social media platform – and in September even called for the overthrow of his government. Now Starmer’s ministers are biting back….
President Trump just made it a lot more expensive for companies to hire foreign workers through the H-1B program. The White House announced Friday that Trump signed a proclamation requiring employers to pay a hefty $100,000 fee for new H-1B visa applications, an enormous jump from the current $215 lottery registration fee. H-1B visas allow…
