Tag: Elon Musk

Pretoria-born Elon Musk
BusinessHot News

Elon Musk’s fortune drops below $1 trillion after $37 billion loss

Elon Musk’s fortune fell to $987 billion after a $37.1 billion loss, as declines in SpaceX and Tesla shares ended his latest run above $1 trillion.

Omokolade Ajayi Omokolade Ajayi
Morocco’s Royal Air Maroc
BusinessHot NewsTechnology

Morocco’s Royal Air Maroc becomes first in Africa to add Starlink Wi-Fi

Royal Air Maroc seals a Starlink deal for 41 aircraft, becoming the first airline in Africa to roll out space-based Wi-Fi.

Omokolade Ajayi Omokolade Ajayi
Pretoria-born Elon Musk
BusinessHot NewsInvestments

Elon Musk eyes $40 billion loan after regaining trillionaire status

Elon Musk is seeking $40 billion in financing for SpaceX to buy Nvidia chips and expand its AI computing capacity.

Omokolade Ajayi Omokolade Ajayi
Pretoria-born Elon Musk
MarketsBusinessHot News

Pretoria-born Elon Musk regains world’s only trillionaire crown after $65 billion gain

Elon Musk has reclaimed his title as the world’s sole trillionaire after his net worth jumped $65 billion on Monday to hit $1.04 trillion.

Omokolade Ajayi Omokolade Ajayi
Pretoria-born Elon Musk
TechnologyBusinessHot News

Elon Musk’s net worth tops $800 billion again as SpaceX shares jump 15.8%

Elon Musk’s fortune rises above $800 billion as SpaceX shares jump 15.8 percent, lifting its market value to $1.75 trillion.

Omokolade Ajayi Omokolade Ajayi
Pretoria-born Elon Musk
TechnologyBusinessExclusive

Elon Musk’s SpaceX revenue jumps 92% to $7.8 billion, beats expectations

SpaceX revenue climbed 92 percent to $7.8 billion, beating estimates as Starlink expanded despite heavy AI infrastructure spending.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
BillionairesBusinessHot News

From over $1.3 trillion, Elon Musk’s net worth slips below $700 billion

Elon Musk's net worth fell below $700 billion as a SpaceX share selloff and weak Tesla earnings erased $636 billion from his fortune in 47 days.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
Hot NewsBillionairesBusiness

Elon Musk loses $601 billion as SpaceX shares crash 50 percent from post-IPO peak

Elon Musk's fortune drops $601 billion as SpaceX shares crash 50 percent from their peak, triggering $15.5 billion in short-seller gains.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
BillionairesBusinessHot News

Elon Musk loses $528 billion in five weeks as SpaceX shares plunge after IPO

Elon Musk’s fortune fell by $528 billion in five weeks as SpaceX shares tumbled nearly 47 percent following its historic stock market listing.

Omokolade Ajayi Omokolade Ajayi
World's richest person Elon Musk.
Hot NewsBillionairesBusiness

Elon Musk loses trillionaire status again after $66 billion wipeout in one day

Elon Musk drops below $1 trillion net worth as a single-day SpaceX stock selloff erases $66 billion from his fortune.

Omokolade Ajayi Omokolade Ajayi
Namibia rejects Starlink license after dismissing 624 appeals
TechnologyBusiness

Namibia rejects Starlink license after dismissing 624 appeals

Namibia upheld its Starlink ban after rejecting 624 appeals, citing local ownership rules for telecom operators.

Oluwatosin Alao Oluwatosin Alao
World's richest person Elon Musk.
TechnologyBusinessHot News

Pretoria-born trillionaire, Elon Musk, projects $1 trillion SpaceX revenue by 2030

Elon Musk projects SpaceX annual revenue could reach $1 trillion by 2030 following its historic public listing.

Omokolade Ajayi Omokolade Ajayi