Elon Musk blasts New York City Mayor Zohran Mamdani's discount groceries plan. New York City Mayor Zohran Mamdani 's socialist policies have often provoked the wealthy class, and this time, his plan for the residents to access discounted groceries has triggered Elon Musk, the world's wealthiest individual.

The rocket-and-AI company posted stronger than expected revenue, but investors choked on the rapidly rising capital expenditures.

SpaceX plans to notch some big milestones on the next test flight of its Starship megarocket, which is tentatively scheduled for late August.

Elon Musk posted a graph to X on Sunday that has left people scratching their heads. At first glance, it appears Musk is trying to make the case that AI is revolutionary, and it’s no secret the SpaceX CEO believes AI will change the world. But if you actually look at the graph, it’s unclear what the hell it’s supposed to represent.

Elon Musk says Starlink could carry most of the world's internet within a decade.

By Akash Sriram August 3 (Reuters) - SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures.

Investors in Elon Musk’s space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects.

Elon Musk is no strange to bold promises for his businesses, and his remarks at the start of SpaceX's call with analysts are following that familiar path. SpaceX's CEO and founder said that Starlink,

A part of one of Elon Musk’s SpaceX rockets is believed to have smashed into the moon at 5,400 MPH. Researchers predicted that the section of rocket, the upper part of a Falcon 9 spacecraft, would make impact with the lunar surface at 2.