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Tag Archives: Elon Musk

Elon Musk’s Starlink secures Letter of Intent

Elon Musk’s Starlink has cleared the first step towards launching satellite internet services in India by securing a Letter of Intent from the Department of Telecommunications to beam its services from Indian skies. Starlink now has to secure a licence before being able to start operations. Starlink is a satellite …

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Elon Musk to Reduce White House Role as Tesla Profits fall

THE world’s richest person, Elon Musk, has announced he will significantly scale back his role in United States President Donald Trump’s administration in May to focus on Tesla. Musk announced this on Tuesday, April 22, 2025, as the electric vehicle maker reported a 71 per cent drop in first-quarter profits. …

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US Tariffs: Protesters Storm European Cities against Trump

SCORES of people on Saturday protested across European cities against United States President Donald Trump and his adviser Elon Musk. This followed a bruising week for financial markets after Trump unveiled sweeping global tariffs. In Frankfurt, Germany, the demonstration was reportedly organised by Democrats Abroad, the official organisation of the …

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Elon Musk Sells X to his AI Startup for $33 billion

Billionaire entrepreneur Elon Musk has announced the merger of his artificial intelligence startup, xAI, with his social media platform, X, in an all-stock transaction valued at $33 billion. This move brings xAI’s valuation to $80 billion, while X is valued at $33 billion. Both xAI and X are privately held …

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South Africa Rejects Elon Musk’s Starlink Ban Claim

SOUTH Africa has rejected a claim by billionaire Elon Musk that his Starlink satellite service is banned in the country due to his race. According to Reuters, the country’s telecoms regulator, the Independent Communications Authority of South Africa (ICASA), confirmed that Starlink has not applied for an operating licence. Musk, who was born …

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Elon Musk changes his name to ‘Kekius Maximus’ on X

Tech billionaire, Elon Musk has changed his name to Kekius Maximus on X. Musk effected the change on Tuesday without giving any reason for the latest development. Musk is the owner of X. The change came amid allwgation that he was trying to influence the presidential election in Germany. Musk’s …

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Elon Musk Donates About $75m to Trump’s Presidential Campaign

Billionaire Elon Musk has donated almost $75 million to the political action committee he founded to support Donald Trump’s US presidential campaign, according to filings made late on Tuesday, illustrating the Tesla founder’s growing commitment to the Republican cause. Musk, estimated to be the world’s richest man, has taken an …

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