Elon Musk says SpaceX wants humanoid robots to build factories on the Moon, calling it a step towards making Earth's economy 1,000 times larger. The company also announced an AI partnership with Nvidia to power future orbital data centres and space infrastructure.


Elon Musk wants humanoid robots to build Moon factories, says it could make Earth's economy 1,000 times bigger

SpaceX reported a 92% jump in revenue to $7.8 billion, but its shares fell 9% after earnings as investors weighed AI spending, losses and Starlink growth.

SpaceX revenue jumps 92%, but shares tumble 9% after first earnings report

AI spending is exploding, but profits are struggling to keep up. Tech giants are pouring hundreds of billions of dollars into AI infrastructure, data centres, and advanced computing systems, raising concerns among investors. With global AI-related capital expenditure estimated at around $725 billion and current AI revenue far lower, questions are growing about whether the AI boom is becoming too expensive. Are companies investing for the future-or creating the next tech bubble? Here's what the numbers reveal.

SpaceX revenue soars in public debut 

Elon Musk is reportedly preparing a major push to support Republican candidates ahead of the US midterm elections. Here's what the billionaire's political strategy could mean for the GOP and the upcoming electoral battle.


Elon Musk's big midterm push: Billionaire backs Republicans in key races 

Elon Musk is reportedly preparing to spend up to $120 million to help Republicans defend their congressional majorities in the upcoming U.S. midterm elections.

According to reports, Musk's super PAC, America PAC, could invest heavily in battleground states through door-knocking campaigns, digital advertising and direct voter outreach aimed at mobilizing conservative voters.

The move would mark one of Musk's largest political investments to date and could have major implications for the battle for control of Congress.

Elon Musk plans big mid-term spending: Elections set to take place in November

Elon Musk is reportedly preparing to spend up to $120 million to help Republicans defend their congressional majorities in the upcoming U.S. midterm elections.

According to reports, Musk's super PAC, America PAC, could invest heavily in battleground states through door-knocking campaigns, digital advertising and direct voter outreach aimed at mobilizing conservative voters.

The move would mark one of Musk's largest political investments to date and could have major implications for the battle for control of Congress.

How much influence can one of the world's richest men have on America's political future?

Elon Musk's $120 million midterm bet: Can he help Republicans hold power?

Elon Musk remains the world's richest person, but his fortune has suffered one of the sharpest declines ever recorded after heavy selling in Tesla and SpaceX shares. According to the Bloomberg Billionaires Index, Musk's net worth has fallen below the level it stood at before SpaceX's blockbuster stock market debut. His estimated fortune has dropped from around $1.45 trillion to just over $700 billion, wiping out roughly $650 billion in paper wealth within just a few weeks. The decline follows a steep correction in SpaceX shares, which have fallen around 45% since their record-breaking IPO, while Tesla stock has dropped approximately 17% after reporting weaker-than-expected second-quarter earnings.

Elon Musk Loses Nearly $650 Billion In Weeks | Tesla And SpaceX Selloff Ends Trillionaire Status

Tesla is reportedly exploring options to separate its China business including a spinoff or sale as Elon Musk considers a possible merger with SpaceX. The move could ease US national security concerns but would significantly reshape Tesla's global manufacturing and business operations.

Tesla may sell its China business as Elon Musk explores SpaceX merger: Report

Elon Musk's xAI has sued Minnesota over a first-in-the-nation law targeting AI nudification tools, arguing the legislation is overly broad, threatens constitutionally protected content and unfairly holds AI developers liable. All you need to know.

Elon Musk's xAI sues Minnesota over a law banning AI nude images of children, claims it violates free speech

Elon Musk’s Boring Company is reportedly seeking around $4 billion at a $20 billion valuation, up sharply from $5.7 billion in 2022. The funding talks come as the tunnelling startup expands its Loop projects from Las Vegas to Nashville and Dubai.


Elon Musk’s Boring Company eyes $20 billion valuation, seeks $4 billion in fresh funding: Report

Elon Musk goes off the rails in the latest interview, saying that he is not a racist. He also refused to admit that the US is a more dangerous place than the UK. He got so livid that he even told the host that people hate the media.

'I am not a racist, my partner (Shivon Zillis) is half-Indian': Angry Musk says in latest interview

Elon Musk has admitted that he went overboard with politics and his role in DOGE, the body created to cut federal costs under Donald Trump. He also said that he is facing flak for it. People have expressed displeasure with the ways 

Musk finally admits he got carried away with DOGE - 'I got a little too involved'

Elon Musk isn't done talking about "The Odyssey" — and this time, he's raising the stakes. Just days after Christopher Nolan's star-studded adaptation hit theatres worldwide and became a box office sensation, Musk announced that his AI platform, Grok Imagine, will create its own full-length version of Homer's epic before the year ends, calling it "historically accurate."


Elon Musk announces new full-length movie of 'The Odyssey'

The Middle East conflict has entered another dangerous phase as the United States launched its 12th consecutive night of strikes targeting Iranian military infrastructure. President Donald Trump declared that Iran is "not ready to make a deal," while insisting Tehran will eventually agree under mounting military pressure.

Meanwhile, Yemen's Houthi rebels claimed responsibility for attacks on Saudi oil tankers in the Red Sea, intensifying fears over global shipping routes and energy security. Kuwait reported intercepting hostile drones, while the US House approved a $95 billion budget package supporting operations linked to the Iran conflict. The United States and Saudi Arabia also signed a landmark civil nuclear cooperation agreement. In South America, mass protests erupted in Argentina against President Javier Milei's austerity measures, while Tesla missed Wall Street expectations despite billion-dollar profits.

US hits Iran for 12th night | Trump says Iran not ready for deal | Houthis strike Saudi tankers

Donald Trump claimed that newly declassified intelligence reveals China compromised millions of U.S. voter records and exposed vulnerabilities in America's election infrastructure. The announcement comes as the U.S. launches a sixth consecutive night of strikes on Iranian military targets, while tensions continue to rise across West Asia. CENTCOM also intensified maritime operations near Iran as Ukraine reported deadly Russian missile strikes on Odesa. Meanwhile, North Korea pledged stronger ties with China, SpaceX aborted its latest Starship launch seconds before liftoff, and Japan's stock market plunged amid growing concerns over the AI sector.

Stay tuned for the latest international developments, geopolitical updates, defence news, breaking headlines, and global affairs.

Trump claims China hacked U.S. election data | U.S. strikes Iran again | Starship launch aborted 

SpaceX shares slipped below their $135 IPO price for the first time since listing, as investors weigh lock-up expiry, valuation concerns and broader market pressure.

SpaceX stock falls below IPO price first time. The worst may be yet to come

Elon Musk has admitted he was wrong about Anthropic, calling it the current AI leader and describing Claude Mythos and Fable as the best AI models available. His comments come despite SpaceXAI competing directly with Anthropic while also supplying it with massive computing power.

Elon Musk admits, 'I was wrong,' says Anthropic is the AI leader and calls Mythos the best model ever

Elon Musk has announced that Grok 4.5 will be released to the public tomorrow after private beta testing. The latest AI model is expected to offer faster performance, improved efficiency and lower operating costs as competition among leading AI companies continues to grow.

Elon Musk calls Grok 4.5 an 'Opus-class' AI model. Here's what that means

Amber Heard’s dating history may be short, but it features some of the most famous names in Hollywood: Johnny Depp, Elon Musk, and Cara Delevingne. Check the list. 

The famous exes of Amber Heard: World’s richest man, a pirate, and a supermodel (new addition)

A new report highlights how billionaires including Elon Musk and George Soros are emerging as major financial forces in the U.S. election campaign landscape. Political fundraising is surging to record levels, with Republicans reportedly leading the cash race as spending intensifies ahead of polls. The growing influence of ultra-wealthy donors is reshaping campaign strategies, raising fresh debates about money, power, and political influence in American democracy.


Report: Republicans dominate election fundraising

X owner Elon Musk sparked widespread online debate by making the full, uninterrupted 90-minute German thriller Citizen Vigilante available to watch for free on his platform for a limited window.

The movie 'Hollywood doesn't want you to see': Elon Musk stirs debate after hosting controversial thriller free on X

The strong appetite prompted the firm to secure lower borrowing costs during the sale process. The demand persisted even as SpaceX shares experienced volatility, losing roughly 25 per cent of their value over three trading sessions before recovering slightly on Tuesday.

Elon Musk's SpaceX sells $25 bn in bond to ease X and xAI debt burden

SpaceX rapidly joined the ranks of the world's most valuable corporations as investors sought exposure to Elon Musk's businesses in space exploration, satellite communications and artificial intelligence.

Elon Musk's SpaceX loses $600bn in 3 days, nearly triple combined wealth of Ambani and Adani

Elon Musk says artificial intelligence and humanoid robots could create "amazing abundance for all" by dramatically increasing productivity and lowering costs. His comments come as Tesla expands its Optimus robot ambitions and AI continues to reshape workplaces around the world.

Elon Musk predicts a future where robots make money less important

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Elon Musk wants humanoid robots to build Moon factories, says it could make Earth's economy 1,000 times bigger

SpaceX revenue jumps 92%, but shares tumble 9% after first earnings report

SpaceX revenue soars in public debut

Elon Musk's big midterm push: Billionaire backs Republicans in key races

Elon Musk plans big mid-term spending: Elections set to take place in November

Elon Musk's $120 million midterm bet: Can he help Republicans hold power?

Elon Musk Loses Nearly $650 Billion In Weeks | Tesla And SpaceX Selloff Ends Trillionaire Status

Tesla may sell its China business as Elon Musk explores SpaceX merger: Report

Musk's xAI sues Minnesota over AI nudification law, says it violates free speech

Elon Musk’s tunnel company reportedly wants $4 billion from investors

'I am not a racist, my partner (Shivon Zillis) is half-Indian': Angry Musk says

Musk admits he got carried away with DOGE - 'I got a little too involved'

Elon Musk announces new full-length movie of 'The Odyssey'

US hits Iran for 12th night | Trump says Iran not ready for deal | Houthis strike Saudi tankers

Trump claims China hacked U.S. election data | U.S. strikes Iran again | Starship launch aborted

SpaceX stock falls below IPO price first time. The worst may be yet to come

Musk praises rival Anthropic, says no AI model matches Mythos and Fable

Elon Musk calls Grok 4.5 an 'Opus-class' AI model. Here's what that means

Amber Heard’s dating history: Johnny Depp, Elon Musk, and Cara Delevingne

Report: Republicans dominate election fundraising

Elon Musk stirs debate after hosting controversial thriller free on X

Elon Musk's SpaceX sells $25 bn in bond to ease X and xAI debt burden

Elon Musk's SpaceX loses $600bn in 3 days, nearly 3x Ambani-Adani wealth

Elon Musk predicts a future where robots make money less important