Tag: Musk

Musk’s Tesla automaker increased revenue by a quarter, but profit declined

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American automaker Tesla increased its revenue in the second quarter by 26 percent year-on-year to $28.24 billion (approximately 600...

SpaceX on Wall Street: a historic IPO and the first trading days

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The SpaceX listing ranked among the largest IPOs in history, raising $85.7 billion. Massive investor demand expanded the capital that the company will now use to finance its next phase of development.

SpaceX joins forces with xAI

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On February 2, 2026, it was announced that the scale of technology transactions was changing. SpaceX acquired xAI, combining...

Brussels accuses Musk’s X network of violating rules, fines it €120 million

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The European Commission (EC) has accused billionaire Elon Musk's American internet network X of violating EU rules. Specifically, the...