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Elon Musk

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Meet the billionaires helping NASA return to the moon

Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin are among 14 companies bidding for NASA contracts as part of the agency’s plans to develop the emerging space economy and lower costs.

  • By Robert Hart
  • Forbes Staff

Billionaire Musk seeks to quash deposition in $1 million defamation suit

Billionaire X owner Elon Musk requested last month for the defamation case against him be dismissed, and is now seeking to bar his deposition.

  • By Brian Bushard
  • Forbes Staff

Putin says ‘there’s no stopping Elon Musk’ in viral Tucker Carlson interview

In a two-hour interview with ex-Fox News anchor Tucker Carlson, Russian President Vladimir Putin says Tesla founder Elon Musk can’t be stopped.

  • By Anastasia Santoreneos
  • Forbes Staff

Tesla is now worth $110 billion less than weight loss drug maker Eli Lilly

Tesla has lost $210 billion of market value in 2024 while Eli Lilly gained $140 billion, as investors trade ditch their EV optimism for the GLP-1 craze.

  • By Derek Saul
  • Forbes Staff

Tesla stock sinks to 9-month lows as Musk controversies leave ‘black cloud’

Uninspiring earnings and a “black cloud” from Elon Musk drama have sent Tesla shares down 27% in 2024.

  • By Derek Saul
  • Forbes Staff

Musk says Tesla will hold shareholder vote ‘immediately’ to move company’s incorporation to Texas

The billionaire justified the decision on the results of an unscientific poll run on his X account a day earlier.

  • By Siladitya Ray
  • Forbes Staff

Hundreds of Teslas recalled over breach of Australian safety regulations

A change to the design of new Tesla Model 3 vehicles means that infant or child car seat restraints cannot be securely attached, according to the Australian Department of Infrastructure and Transportation.

  • By Shivaune Field
  • Business Journalist

Judge voids Elon Musk’s eye-watering US$56 billion pay package from Tesla

Tesla shares dropped around 2% in after-hours trading following the ruling.

  • By Antonio Pequeño IV

Elon Musk’s Neuralink has implanted a brain chip into a human for the first time

Since 2016, Elon Musk’s startup Neuralink has been working on developing a brain chip that will allow users to control devices using only their thoughts. For the first time, it’s been implanted into a human being.

  • By Rosie Whittaker
  • Forbes Staff
Jeff Bezos, Amazon Founder & Executive Chair and Laura Sánchez attend the Los Angeles premiere of Amazon Prime Video's "The Lord of The Rings: The Rings of Power" at The Culver Studios on August 15, 2022 in Culver City, California.

Billionaires $5 trillion richer post-COVID – and run most of the world’s biggest companies

Billionaires around the world are now US$3.3 trillion (AU$5 trillion) richer than they were in 2020, with their wealth growing three times as fast as the rate of inflation, Oxfam’s Inequality Inc report has revealed.

  • By Anastasia Santoreneos
  • Forbes Staff
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