Elon Musk | DD News

July 13, 2025 4:24 PM

SpaceX to invest $2 billion in Musk’s xAI startup, WSJ reports

SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, the Wall Street Journal reported on Saturday. The investment follows xAI's merger with X and values the combined company at $113 billion, with the Grok chatbot now powering Starlink support and eyed for future integration into Tesla's Optimus robots, the report added. In response ...

July 7, 2025 10:26 AM

Trump calls Musk’s formation of new party ‘ridiculous’ and criticizes his own NASA pick

President Donald Trump on Sunday called Elon Musk's plans to form a new political party "ridiculous," launching new barbs at the tech billionaire and saying the Musk ally he once named to lead NASA would have presented a conflict of interest given Musk's business interests in space. A day after Musk escalated his feud with Trump and announced the formation of a new U.S. political party, the Republican president was asked about it before boarding Air Force One in Morristown, New Jersey, as he re...

July 6, 2025 11:55 AM

Musk announces forming of ‘America Party’ in further break from Trump

The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America. A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that "Today, the America Party is formed to give you back your fr...

July 1, 2025 8:54 AM

Musk vows to punish lawmakers who back Trump’s spending bill

Billionaire Elon Musk on Monday renewed his criticism of U.S. President Donald Trump's sweeping tax-cut and spending bill, vowing to unseat lawmakers who backed it after campaigning on limiting government spending. After weeks of relative silence following a feud with Trump over the legislation, Musk rejoined the debate on Saturday as the Senate took up the package, calling it "utterly insane and destructive" in a post on social media platform X. On Monday, he ramped up his criticism, saying l...

June 20, 2025 10:31 AM

SpaceX Starship rocket explodes in setback to Musk’s Mars mission

SpaceX's massive Starship spacecraft exploded into a dramatic fireball during testing in Texas late on Wednesday, the latest in a series of setbacks for billionaire Elon Musk’s Mars rocket program. The explosion occurred around 11 p.m. local time while Starship was on a test stand at its Brownsville, Texas Starbase while preparing for the tenth test flight, SpaceX said in a post on Musk’s social-media platform X. The company attributed it to a "major anomaly" and said all personnel were sa...

June 12, 2025 9:11 AM

White House says Trump ‘acknowledges’ Elon Musk’s apology

The White House confirmed on Wednesday that former President Donald Trump has acknowledged an apology from Tesla CEO Elon Musk, suggesting a potential easing of recent tensions between the two high-profile figures. In a press briefing, White House Press Secretary Karoline Leavitt told reporters, “The President acknowledged the statement that Elon put out this morning and he is appreciative of it. We are continuing to focus on the business of the American people.” Leavitt also clarified tha...

June 11, 2025 4:27 PM

Musk says some of his posts about Trump ‘went too far’

Billionaire businessman Elon Musk said on Wednesday he regretted some of the posts he made last week about U.S. President Donald Trump as they had gone "too far". Trump said on Saturday his relationship with Musk was over after they exchanged insults on social media, with the Tesla and SpaceX CEO describing the president's sweeping tax and spending bill as a "disgusting abomination." Musk has since deleted some posts critical of Trump, including one signaling support for impeaching the presi...

June 6, 2025 9:25 AM

Trump, Musk feud explodes with threats of cutting contracts, backing impeachment

President Donald Trump threatened on Thursday to cut off government contracts with billionaire Elon Musk's companies, while Musk suggested Trump should be impeached, turning their bromance into an all-out brawl on social media. The hostilities began when Trump criticized Tesla CEO Musk in the Oval Office. Within hours, the once-close relationship had disintegrated in full public view, as the world's most powerful man and its richest launched personal barbs at one another on Trump's Truth Social...

June 4, 2025 9:08 AM

Musk calls Trump’s tax-cut and spending bill ‘a disgusting abomination’

Billionaire Elon Musk plunged on Tuesday into the congressional debate over President Donald Trump's sweeping tax and spending bill, calling it a "disgusting abomination" that will increase the federal deficit. Several fiscally conservative Republicans in the U.S. Senate supported the views Musk expressed in social media posts, which could complicate the bill's path to passage in that chamber. "I'm sorry, but I just can't stand it anymore," Tesla and SpaceX CEO Musk wrote in a post on his soci...

June 3, 2025 3:17 PM

Astronomers fear impact of Musk’s Starlink on South Africa mega-telescope observations

Astronomers working with South Africa's SKA telescope are pushing authorities to ensure that any licensing agreement with Elon Musk's Starlink will protect their groundbreaking observations, a senior scientist said. Discussions to bring Musk's internet service Starlink in South Africa have already been contentious, with parent company SpaceX criticising local shareholding laws while backing equity equivalent programmes. Attaching astronomy-linked licensing conditions may fur...