SpaceX is said to be moving ahead with plans to launch the world’s largest IPO in 2026, raising significantly more than $30 billion at a valuation of about $1.5 trillion, according to people familiar with the matter. SpaceX’s faster path to IPO is in part fueled by the strength of its Starlink satellite internet service, […]
Updated on: Nov 07, 2025 06:39 am IST Elon Musk reacted to a post shared by the CEO Dell Technologies, Michael Dell. Tesla shareholders approved an epic $1 trillion pay package for Elon Musk. The deal was earlier proposed by Tesla’s board of directors. Over 75% of Tesla shareholders voted in favour of the pay […]
ChatGPT creator OpenAI, the world’s largest private company, is asking the US government to provide loan guarantees for its massive infrastructure expansion that will eventually cost more than $1 trillion. Sam Altman, chief executive officer of OpenAI Inc. (Bloomberg) Speaking at a Wall Street Journal business conference, OpenAI CFO Sarah Friar explained that government backing […]
India’s Real Estate Investment Trust (REIT) market is projected to grow from ₹10.4 trillion in 2025 to ₹19.7 trillion by 2030, according to a Knight Frank India report released in collaboration with the Confederation of Indian Industry (CII). India’s REIT market is set to nearly double from ₹10.4 trillion in 2025 to ₹19.7 trillion by […]
Apple Inc.’s market capitalisation has topped the $4-trillion mark for the first time, as surging demand for its iPhone 17 models offset feard of slow progress in a global AI race. Apple is the third company to achieve a market cap of $4 trillion after Nvidia Corp. and Microsoft Corp. (Bloomberg) On Tuesday, Apple’s share […]
Elon Musk, the world’s richest person, spent the end of Tesla Inc.’s earnings call pleading with investors to ratify his upcoming $1 trillion pay package and blasting the shareholder advisory firms that have come out against the plan. Tesla CEO Elon Musk. (AFP) “I just think that there needs to be enough voting control to […]
Citi sees AI capex across by the likes of Microsoft Azure, AWS and Google Cloud to reach $490 billion by 2026-end, up from $420 billion estimated earlier. Source link
