How Elon Musk is rewriting the rules on founder power

Elon Musk has SpaceX and XAI mergerBlueprinting a new Silicon Valley power structure. With its $800 billion net worth already rivaling the peak market capitalization of historic conglomerate GE, and Musk being vocal about his view that “technological victories are decided by the velocity of innovation,” the question is not whether. personal group can be…

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Tesla maintains competitive showing in China-made EV sales despite industry headwinds

Tesla remained a strong contender in Beijing’s competitive electric vehicle scene, as the company’s China-produced EV sales grew modestly in January from the year before, amid a broader industry slowdown. According to data published by the China Passenger Car Association on Wednesday, January deliveries from Tesla’s Shanghai Gigafactory rose by 9% to 69,129 units, from…

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SpaceX valuation after xAI merger nears Tesla

Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Elon Musk’s move to combine SpaceX with his cash-burning artificial intelligence venture xAI signals a changing of the guard within his corporate empire. Tesla has been the source of Musk’s…

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Elon Musk’s SpaceX reportedly combining with xAI ahead of potential IPO

A SpaceX Falcon Heavy rocket carrying the National Oceanic and Atmospheric Administration’s (NOAA) weather satellite Geostationary Operational Environmental Satellite U (GOES-U) lifts off from Launch Complex 39A at NASA’s Kennedy Space Center, Florida, June 25, 2024.  Miguel J. Rodriguez Carrillo | AFP | Getty Images Elon Musk is combining rocket maker SpaceX with his artificial…

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