Elon Musk’s SpaceX acquired the billionaire’s artificial intelligence startup xAI, according to a Monday statement, consolidating two Musk-owned companies under one roof as xAI looks to build a space-based competitive edge against rivals like OpenAI, Google, Meta and more.
The gap between the planet’s two wealthiest people has never been larger heading into the New Year.
In the three years since Phoebe Gates and Sophia Kianni first asked the question “how can we make secondhand shopping easier?”, they’ve brought on investors like Kris Jenner, Sara Blakely and Hailey Bieber.
The company reported quarterly revenue that exceeded Wall Street’s expectations.
Melinda French Gates has received at least $10.8 billion from Bill to bolster her philanthropy supporting women and families.
Safariland, owned by billionaire Warren Kanders, remains the number one supplier of pepper spray and tear gas to ICE and CBP, via a large federal distributor run by a MAGA-aligned former Marine.
Musk is closing in on the $800 billion mark as his net worth sets a new record.
Filippo Ghirelli made a small fortune in Italy then bet on one of India’s largest refineries, making him a billionaire. Now he’s out to build an empire from airports to data centers.
Canada, England and Ireland are among the most coveted destinations for those considering leaving the U.S.
The world’s richest person added $62 billion to his fortune after private investors more than doubled the valuation of his AI and social media firm to $250 billion.