Elon

In a significant development for the South African technology landscape, the government is contemplating extending a special exemption to Elon Musk, allowing his ambitious satellite internet service, Starlink, to operate within its borders. This move bypasses the stringent Black ownership requirements that characterize the country’s economic policies, particularly those aimed at promoting Black Economic Empowerment. This proposed exemption emerges amid rising tensions involving not only Musk but also former U.S.…

Starlink Lights Up the Digital Landscape in the Democratic Republic of Congo In a significant leap towards bridging the digital divide, SpaceX CEO Elon Musk announced on Sunday that the company’s satellite internet service, Starlink, is now fully operational in the Democratic Republic of Congo (DRC). This development, shared via his platform, X, has the potential to transform lives in a nation where connectivity has often been a distant dream. According to the International…

Confidence Amidst Uncertainty: Tesla's Historical Leadership Dynamics In a world marred by volatility, a significant discussion unfolded on Wednesday regarding Elon Musk's stewardship of Tesla. Robyn Denholm, the board chairwoman, expressed unwavering confidence in Musk’s leadership following a report by The Wall Street Journal that hinted at internal tensions, suggesting the board had considered seeking a new CEO. The dynamics between an influential CEO and a board of directors can be a…

The High Stakes of Elon Musk’s Political Investment Elon Musk, the visionary behind Tesla, made bold bets in the political arena during the Trump campaign, investing what many estimated to be hundreds of millions of dollars. At the time, many observers felt this was a wise expenditure, a calculated risk that could yield substantial returns for both Musk and his electric vehicle empire. Dan Ives, a Wall Street analyst from Wedbush, encapsulated this sentiment shortly after Trump’s election victory. He referred to Musk’s…

Elon Musk's Strategic Shift: From Government Efficiency to Tesla "Starting next month, I will be allocating far more of my time to Tesla," said Elon Musk during Tuesday's earnings call. His announcement marked a significant moment, particularly as he shared that the extensive groundwork for the Department of Government Efficiency (DOGE) had reached a satisfactory completion. This statement paved the way for a new chapter in Musk's ambitious journey. While one might ask, what does this mean for the future projects at…

Starlink Takes a Giant Leap in Somalia Imagine a star-speckled night, where the sky is not just a decorative canopy, but a functional expanse connecting the remote corners of our planet. In this cosmic dance, Elon Musk's SpaceX has scripted a new chapter, extending its groundbreaking Starlink satellite internet service to the landscapes of Somalia. With a mere tweet from Musk on the platform he owns, X, on a seemingly quiet Sunday, the world was informed of this monumental leap. Africa, a continent rich in culture and…

Starlink's Journey to Somalia MOGADISHU, Somalia – Excitement and anticipation ripple through the airwaves as SpaceX's Starlink satellite internet service sets its sights on a new frontier: Somalia. Yes, on a seemingly ordinary Sunday, Elon Musk, the enigmatic and ever-inventive entrepreneur, announced via the social media platform X that Starlink is now officially available in Somalia. Yet, behind this announcement lies a tale of collaboration, ambition, and a shared vision. "We have been in talks with this…

"A PhD in Econ from Harvard is a bad thing, not a good thing," declared Elon Musk, the CEO of both Tesla and SpaceX. These words weren’t spoken in passing; they were shared in a social media post, sparking curiosity and raising a few eyebrows. "Results in the ego/brains>>1 problem," Musk appended in his characteristically concise style. This got many of us scratching our heads, questioning what underlies this bold assertion.…

Since the grand announcement of the xAI project back in June 2024, the local planning and development agency finds itself inundated with no fewer than fourteen construction permit applications. This remarkable surge, however, might raise a curious eyebrow or two. Why so many, and why now? Altogether, these permits paint a picture of a project that's nothing short of ambitious. A staggering $405.9 million in estimated project costs is at stake here. Yet, what's piquing…

Elon Musk has announced that his artificial intelligence startup, xAI, is acquiring his social networking platform, X, in a deal that values the company, formerly known as Twitter, at an impressive $33 billion. In a recent post on X, Musk shared, "This combination will unlock immense potential by blending xAI's advanced AI capability and expertise with X's massive reach." With more than 600 million users, the future of X is described as "intertwined" with xAI, which was launched two years ago. “Today, we officially take…