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Elon Musk

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Elon Musk
Latest news on billionaire Elon Musk, owner of X (formerly Twitter) and the founder of SpaceX, Tesla and The Boring Company.
Born
28 Jun 1971
Industry
Business, Technology
Job Title
Businessman
India’s Skyroot Aerospace orbital rocket Vikram-1 blasts off from the Satish Dhawan Space Centre in Andhra Pradesh’s Sriharikota on Saturday. Photo: AFP
India

SpaceX took 4 attempts. India’s space start-up needed just 1

Skyroot’s Vikram-1 rocket lifted off on Saturday, carrying customer payloads and in-orbit experiments on its maiden orbital mission.

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HKEX

Exclusive | HKEX eyes confidential filings, lower market cap threshold for start-ups

Alibaba

Alibaba vows to appeal US$629m EU fine for breaches of Digital Services Act

European Union

EU fines AliExpress US$630 million over illegal products

It is the largest fine ever imposed under the EU’s powerful Digital Services Act, part of the bloc’s legal armoury to police big tech.

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AliExpress is the biggest Chinese e-commerce platform in the EU with 193 million users. Photo: Shutterstock
China consumption

How Musk son’s viral bag highlights rise of China’s thriving heritage e-commerce

China’s intangible heritage crafts have evolved from handmade nostalgia into a surging online industry driven by young artisans and buyers.

Artificial intelligence

BrainCo claims mind-to-robot link at China’s World AI Conference

Hangzhou-based firm says users can control robots using only their thoughts via EEG headsets, marking a leap in embodied AI tech.

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Electric & new energy vehicles

Race against Tesla: China’s Xpeng eyes 2027 global launch for viral Iron robot

CEO He Xiaopeng projects the firm will sell 1 million robots by 2030 after ramping up mass production.

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People stand near an Xpeng Iron humanoid robot displayed at the electric vehicle maker’s booth during the China International Supply Chain Expo in Beijing on June 22. Photo: Reuters
Artificial intelligence

Brain-chip milestone: China completes world’s first commercial implant

Coin-sized implant marks a breakthrough in neurotechnology, underscoring China’s bid to lead the global race against Elon Musk’s Neuralink.

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Britain

UK to change law in bid to deport grooming gang ringleader

Home secretary proposes emergency amendment to strip 1971 legal protections from ‘the vilest foreign criminals’.

US-China trade war

Why ‘reverse tech transfer’ from China won’t happen in the US auto industry

Experts say political resistance blocks technology transfer that could help US carmakers compete with Chinese rivals.

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BYD has grown into the world’s leading electric vehicle maker, expanding rapidly overseas even as it faces mounting trade barriers in major Western markets. Photo:Reuters
China shipbuilding

China’s historic sea-based rocket recovery puts spotlight on local shipbuilder

Unlike conventional vessels, the platform must maintain exceptional stability and positioning accuracy in rough seas.

This drone photo taken last Friday shows the successful capture of the returned first stage of a Long March-10B carrier rocket on a seaborne platform. Photo: Xinhua
Science

China’s reusable rocket feat lights up the web: is SpaceX set to lose its crown?

The space race just became a real race again, says one online commentator, after net-and-cable recovery of rocket booster sparks awe.

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China economy

Opinion | A healthy economy isn’t built on asset bubbles and debt pyramids

A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis.

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Ukraine war

Russia deploys powerful jammers to disrupt Starlink in war against Ukraine’s drones

Kyiv’s ‘mid-strike’ drone campaign causes Russia problems – but the Russians are developing ways to counter the strikes.

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Ukrainians prepare a Zozulia mid-strike drone for flight, at an undisclosed location in southern Ukraine. Photo: Reuters
Artificial intelligence

China’s AI rise is powered by open-weight models. It could face a tough choice

As cutting-edge models like Zhipu AI’s GLM-5.2 rapidly close the performance gap with frontier models, policy analysts warn a regulatory shift may be imminent.

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Person holding mobile phone with logo of Zhipu Huazhang Technology on screen in front of web page. The company recently marked a breakthrough with its GLM-5.2 model. Photo: Shutterstock Images
My Take

What have the Americans ever done for us?

For its 250th birthday, it is worth remembering some of the greatest contributions that the US has made to humankind.

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India

India orders WhatsApp to halt username feature over anonymity concerns

The stand-off forces WhatsApp to weigh compliance against mounting concerns about government interference in its biggest market.

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IPO

Hong Kong loses IPO crown as swelling wave of Chinese tech no match for SpaceX

With Chinese technology giants fuelling an ‘A-to-H’ listing boom, Hong Kong appears to be on the rise as their ‘fundraising venue of choice’.

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A gong is struck to mark the HKEX’s 26th anniversary at Connect Hall on Friday. Photo: May Tse
My Take

My Take | Greenspan helped blow up capitalism. China saved it

Long-reigning Fed chair personalised the fanaticism of a US system that triggered two worldwide economic crises.

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United States

US billionaire Leon Black defends US$158 million paid to Epstein

‘I knew Jekyll. I didn’t know Hyde,’ the investor – who features prominently in the Epstein files – told US lawmakers.

Singapore

Singapore’s Lee Kuan Yew seen as cool guy amid Europe’s deadly heatwave

In the midst of record-breaking temperatures, social media users are praising the late statesman’s foresight in embracing air conditioning.

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People cool down near water misters in Cologne, Germany, on Thursday. Photo: AFP
Mainland China

Video | Could the world’s second trillionaire come from China?

China is seeing growth in its tech uber-rich as AI and other hard technologies drive wealth creation.

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Artificial intelligence

China to match Anthropic’s top AI model in 2026, Zhipu founder tells Musk

Global No 2 ranking for Zhipu’s breakthrough AI model triggers Musk exchange over whether China can close gap with US sooner than expected.

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Zhipu AI

Zhipu AI market cap tops HK$1 trillion after GLM-5.2 release

New model ranks second globally on Code Arena list for front-end web development tasks, trailing only Anthropic flagship Claude Fable 5.

Hong Kong economy

Hong Kong to roll out measures boosting offshore yuan trading in July

Government wants more listed firms trading stocks in renminbi and will use city’s hub status to help mainland Chinese firms expand overseas.

Hong Kong overtook Switzerland as the world’s largest cross-border wealth hub last year, with assets of US$2.95 trillion, according to a report by the Boston Consulting Group. Photo: May Tse
SpaceX

Letters | SpaceX’s historic IPO ignites investor appetite for space AI

Readers discuss how investor confidence in commercial space could benefit China, the US-Iran interim peace agreement, Japan’s 2-2 draw with the Netherlands in the Fifa World Cup, and the musical legacy of Anders Nelsson.

SpaceX CEO Elon Musk, displayed on a screen remotely from SpaceX headquarters in Starbase, Texas, speaks before the launch of SpaceX’s IPO at the Nasdaq MarketSite in New York City on June 12. Photo: AFP / Getty Images / TNS
United States

SpaceX bankers prepare for potential US$20 billion bond offering, sources say

The offering ⁠would mark the first time the rockets-to-AI company has issued investment-grade dollar ‌bonds.

Banking & finance

Global investors still in China’s orbit despite SpaceX IPO: HKEX chief

HKEX chief Bonnie Chan says global investors remain focused on China’s innovation story.

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