For a short-lived but historic moment, Oracle co-founder Larry Ellison became the world’s richest man, overtaking Elon Musk after Oracle’s stock soared on the back of its booming AI cloud services. According to Bloomberg’s Billionaires Index, Ellison’s net worth touched $393 billion, surpassing Musk’s $385 billion. The sudden surge was tied to Oracle’s quarterly earnings, which revealed a massive jump in cloud revenue foreca

Elon Musk has once again secured the top spot as the world’s richest person, overtaking Oracle co-founder Larry Ellison after a dramatic shift in billionaire rankings. The change followed Oracle’s historic stock rally on Wednesday, driven by strong quarterly earnings and soaring investor confidence in its artificial intelligence (AI) infrastructure services. At one point, Ellison briefly surged past Musk with the largest single-day gain ever record

Tesla’s board of directors has proposed an unprecedented compensation package for CEO Elon Musk that, if fully realized, could make him the world’s first trillionaire. The proposal, which is entirely structured around Tesla stock awards, will be voted on by shareholders on November 6. If approved, it would cement the largest executive compensation deal in corporate history and tie Musk’s personal wealth directly to Tesla’s transformation into a technology powerhouse.

American billionaire entrepreneur Elon Musk has filed a lawsuit against Apple Inc. and artificial intelligence company OpenAI in a federal court in Texas, alleging that the two technology giants have illegally conspired to maintain monopolies in the rapidly expanding field of artificial intelligence. According to Musk, their actions have prevented fair competition, harmed innovation, and specifically suppressed his own ventures, X and xAI, from competing on equ

​Igor Babuschkin, a founding member of Elon Musk’s artificial intelligence company xAI, has announced his departure to launch a new venture dedicated to AI safety and innovation. Babuschkin, who played a crucial role in building xAI from the ground up, revealed that he is starting Babuschkin Ventures to support research in artificial intelligence and invest in startups working on agentic systems aimed at benefiting humanity and exploring the mysteries o

Tesla is reportedly preparing to launch its robotaxi service in the Bay Area as early as this weekend, signaling a major step forward in its autonomous vehicle ambitions. An internal communication shared with employees suggests the company plans to deploy self-driving vehicles starting Friday, moving up its previously anticipated timeline. The rollout includes a designated service area that reportedly covers regions not currently served by existing autonomous vehicle operators, giving Tesla a po

The Indian government has informed the Karnataka High Court that the platform X, owned by Elon Musk, cannot claim unrestricted legal immunity under the ‘safe harbour’ provision of the Information Technology Act when it comes to allowing unlawful content. The Centre stressed that promoting or tolerating harmful material under the guise of free speech poses a significant threat to democracy, public order, and social cohesion. In its written submission to the court, the g

Larry Ellison has become the world’s second-richest person for the first time, according to the latest Bloomberg Billionaires Index. His net worth has skyrocketed to $251.2 billion, fueled by a major surge in Oracle Corp.’s share price. This leap places him ahead of Mark Zuckerberg and just behind Elon Musk, who retains the top position with a net worth of $357.8 billion. Oracle has been a top beneficiary in the ongoing artificial intelligence investment wave. Since

Tesla, the Elon Musk-led electric vehicle giant, is finally making its long-anticipated debut in India with the opening of its first showroom in Mumbai on July 15. Dubbed as an “experience centre,” the space will offer Indian customers a first-hand look at Tesla's electric vehicles, particularly the Model Y SUV, which is expected to be the first offering in the country. Sources familiar with the development suggest that customer deliveries could begin as early as the end of Au

Elon Musk’s AI start-up xAI is confronting growing criticism after its chatbot, Grok, posted a series of antisemitic and pro-Hitler messages on X. The company has confirmed it is working to remove inappropriate content and implement hate speech filters, but the incident has already triggered bans and investigations in multiple countries. Screenshots circulated on X show Grok identifying Adolf Hitler as the “best person” to combat “anti-white hate,”

Bill Gates, once the world’s richest person, has now dropped out of the top 10 richest individuals for the first time in years. According to the latest Bloomberg Billionaires Index, Gates now ranks 12th with a net worth of $124 billion as of 8 July 2025. This marks a significant shift in the wealth rankings, where Gates now trails Michael Dell at number 11 with $137 billion, and his former Microsoft colleague, Steve Ballmer, is ahead at number 5 with $17

President Donald Trump has launched a scathing attack on Elon Musk after the billionaire entrepreneur announced the formation of a new political organization named the "America Party." The move has reignited tensions between the two former allies and set the stage for potential upheaval in the 2026 midterm elections. Trump labeled the third-party initiative as "ridiculous" and warned it would only create confusion in an already polarized political system. Befor

  Indian-origin executive Vaibhav Taneja, currently serving as Tesla’s Chief Financial Officer, has emerged as a key figure in Elon Musk’s latest political move — the formation of the America Party (AMEP). According to documents filed with the Federal Election Commission (FEC), Taneja has been officially listed as the Treasurer and Custodian of Records for the party. This appointment places him at the administrative and financial core of Musk’s ambitious

In a dramatic turn of events in American politics, billionaire entrepreneur Elon Musk has announced the launch of a new political party called the America Party, signaling a major break with former ally President Donald Trump. The announcement follows a bitter public fallout between the two high-profile figures over Trump’s massive domestic spending plan, which Musk has described as fiscally irresponsible and a threat to the nation’s economic stability. Once among T

Washington: As the US Senate prepares for a crucial vote on President Donald Trump's ambitious tax and immigration legislation, billionaire entrepreneur Elon Musk has launched a scathing attack on the proposal. Nicknamed the "One Big Beautiful Bill" by Trump, the legislation seeks to extend expiring tax cuts, expand military spending, and fund mass deportation efforts. However, it has sparked fierce criticism for threatening to slash social welfare programs while ballooning the

WASHINGTON — A controversial excise tax targeting wind and solar energy projects has emerged as a flashpoint in the Republicans' sweeping domestic policy bill, catching both lawmakers and industry leaders off guard. The provision, which penalizes renewable energy initiatives if a portion of their components originate from China, was inserted without clear authorship or explanation, prompting concern and confusion among several Republican senators. Despite the bill spanning 940 pages

After years of hype, shifting timelines, and skepticism, Tesla has officially launched its fully driverless Robotaxi service marking a historic moment in the company’s journey toward autonomous transportation. The pilot service, which began on June 22 in Austin, Texas, offers paid rides to the public using Tesla Model Y vehicles with no one behind the wheel. A Limited Yet Landmark Rollout

A powerful explosion rocked SpaceX’s testing facility in Massey, Texas, on Thursday, bringing preparations for the company’s next Starship launch to an abrupt standstill. The blast occurred just moments before the Starship Ship 36 prototype was set to undergo a critical static fire test. This phase involves igniting the engines of the rocket while it remains firmly secured to the ground, serving as a final trial of engine performance and systems integrity before a planned launch.

A massive crowd of approximately 5,000 people lined the stretch of Dublin Boulevard from Interstate 680 to Dougherty Road on Saturday, participating in the Bay Area’s only No Kings Protest, a global movement sparked by ongoing concerns over immigration enforcement and authoritarian leadership. Organized by Indivisible Tri-Valley, the demonstration was a loud and visual statement against U.S. Immigration and Cus

US President Donald Trump has addressed Elon Musk’s recent public apology, following a sharp online feud that drew widespread media attention. Speaking to the New York Post, Trump acknowledged Musk’s gesture, calling it “very nice” but admitted to being “a little disappointed.” The disagreement stemmed from Musk’s harsh criticism of the president’s “Big Beautiful Bill” and alleged claims rega