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Tag: Elon Musk

Finance/Business

Elon Musk’s $60 billion Cursor deal sees Indian-origin Aman Sanger and Pakistan-born Sualeh Asif gain $2.7 billion

June 20, 2026June 20, 2026 - by cmedia

IBNS-CMEDIA: Indian-origin Aman Sanger and Pakistan-born Sualeh Asif are set to receive approximately $2.7 billion each after Elon Musk’s SpaceX agreed to acquire Cursor parent company Anysphere in a $60 billion deal.  The acquisition …

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Technology

xAI raises the stakes in AI video with the launch of striking Grok Imagine 1.5

June 18, 2026June 18, 2026 - by cmedia

IBNS-CMEDIA: The AI race to deliver more capable generative platforms is intensifying every month. Days after OpenAI and Google unveiled increasingly advanced text-to-video models, Elon Musk-owned xAI has now entered the competition …

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News

India flags security risks in Starlink’s Satellite Laser network, may restrict key technology: Report

June 16, 2026June 16, 2026 - by cmedia

The technology, known as Inter-Satellite Laser Links (ISLs), enables Starlink satellites to communicate with each other and create a mesh network above Earth without relying solely on ground stations.

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News / US

World’s first trillionaire! Elon Musk reaches milestone following SpaceX share surge

June 13, 2026June 13, 2026 - by cmedia

IBNS-CMEDIA: Elon Musk, the world’s richest person, has reportedly become the world’s first trillionaire after shares of his rocket company SpaceX surged sharply on their first day of trading. The …

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All Finances

Elon Musk’s SpaceX heads for a Nasdaq debut as $250 billion demand ignites Wall Street buzz

June 11, 2026June 11, 2026 - by cmedia

New York/IBNS-CMEDIA: The massive SpaceX initial public offering is entering its final stages, with investor demand continuing to surge ahead of the company’s highly anticipated Nasdaq debut on Friday (June 12). The order book for …

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US

Shivon Zilis opens up on the complicated relationship with Elon Musk during OpenAI trial

May 8, 2026May 8, 2026 - by cmedia

IBNS-CMEDIA: Shivon Zilis, the mother of four children with Elon Musk, gave rare insight into their personal relationship while testifying in Musk’s legal battle against OpenAI. Her testimony has drawn …

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News / US

In A Rare Twist, Elon Musk Joins PM Modi-Trump Phone Call amid Hormuz Crisis

March 28, 2026March 28, 2026 - by cmedia

IBNS-CMEDIA: Billionaire entrepreneur Elon Musk reportedly joined a high-level phone conversation between Prime Minister Narendra Modi and US President Donald Trump earlier this week, according to a report by The New York Times. The …

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Canada / News

Ontarians kept in dark on payout on confidential settlement for cancelled Starlink deal

March 13, 2026March 13, 2026 - by cmedia

Toronto/CMEDIA: A confidential settlement reportedly over a cancelled Starlink contract was made between  Ontario’s premier Doug Ford and Elon Musk’s SpaceX. A $100-million was considered by the province  “significantly less than the contract …

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Technology

“Highest usage of 𝕏 ever”: Elon Musk amid Iran-Israel tensions

March 1, 2026March 1, 2026 - by cmedia

IBNS-CMEDIA: Tech entrepreneur Elon Musk on Sunday announced that social mediaplatform X recorded its highest-ever usage amid escalating tensions in the Middle East, marking a historic milestone for the company. …

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Foreign / Technology

Big AI push as Tesla launches AI training hub in China

February 10, 2026February 10, 2026 - by cmedia

IBNS-CMEDIA: Elon Musk-owned Tesla has launched an artificial intelligence (AI) training centre in China, in a move aimed at strengthening the company’s self-driving capabilities in the world’s largest electric vehicle (EV) market, …

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