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Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public

12 December 2025 at 19:55
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.

© Meridith Kohut for The New York Times

The SpaceX launchpad in South Texas in June 2024. The company said in a letter to employees on Friday that it could go public in 2026.

Elon Musk Tests Europe’s Willingness to Enforce Its Online Laws

12 December 2025 at 09:00
Backed by White House officials, the tech billionaire has lashed out at the European Union after his social media platform X was fined last week.

© Haiyun Jiang/The New York Times

Elon Musk has grown increasingly confrontational toward Europe over the past year.

Donald Trump wants a Europe in chaos – a sure sign for Britain to shore up its democracy | Polly Toynbee

12 December 2025 at 03:00

With the US threatening to support ‘patriotic’ parties here, we need better defences, starting with tough new rules about political donations

The new threat is so dizzyingly bizarre that Europe, and especially Britain, is slow to believe it. The US declares itself our enemy. Europe emerges as its main adversary in the US national security strategy. Russia is its friend, not us. Everything that looked solid since the second world war is turned upside down; the land of the free becomes the destroyer of democratic values. Appeasement fails.

He may ramble, but Donald Trump speaks plainly. He means what he says, and he hates everything European. Except its emerging “patriotic” parties, which he wants to support. His strategy warns of “civilizational erasure”, claiming Europe will soon “become majority non-European” and parroting the racist conspiracy known as the great replacement theory. Describing Europeans as “weak”, “decaying” and “destroying their countries”, with “real stupid” leaders, Trump responded to the question of whether they would still be allies, in a Politico interview, with a hint of threat: “It depends.”

Polly Toynbee is a Guardian columnist

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© Photograph: Twitter

© Photograph: Twitter

© Photograph: Twitter

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Elon Musk teams with El Salvador to bring Grok chatbot to public schools

11 December 2025 at 18:11

President Nayib Bukele entrusting chatbot known for calling itself ‘MechaHitler’ to create ‘AI-powered’ curricula

Elon Musk is partnering with the government of El Salvador to bring his artificial intelligence company’s chatbot, Grok, to more than 1 million students across the country, according to a Thursday announcement by xAI. Over the next two years, the plan is to “deploy” the chatbot to more than 5,000 public schools in an “AI-powered education program”.

xAI’s Grok is more known for referring to itself as “MechaHitler” and espousing far-right conspiracy theories than it is for public education. Over the past year, the chatbot has spewed various antisemitic content, decried “white genocide” and claimed Donald Trump won the 2020 election.

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© Photograph: Evan Vucci/AP

© Photograph: Evan Vucci/AP

© Photograph: Evan Vucci/AP

Operation Bluebird wants to relaunch “Twitter,” says Musk abandoned the name and logo

10 December 2025 at 07:32

A Virginia startup calling itself “Operation Bluebird” announced this week that it has filed a formal petition with the US Patent and Trademark Office, asking the federal agency to cancel X Corporation’s trademarks of the words “Twitter” and “tweet” since X has allegedly abandoned them.

“The TWITTER and TWEET brands have been eradicated from X Corp.’s products, services, and marketing, effectively abandoning the storied brand, with no intention to resume use of the mark,” the petition states. “The TWITTER bird was grounded.”

If successful, two leaders of the group tell Ars, Operation Bluebird would launch a social network under the name Twitter.new, possibly as early as late next year. (Twitter.new has created a working prototype and is already inviting users to reserve handles.)

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© Getty Images | Anadolu Agency

William Hill owner Evoke considers sale or break-up after budget tax hikes – business live

10 December 2025 at 09:52

Rolling coverage of the latest economic and financial news, as Evoke decides to undertake a review of the Company’s strategic options

European stock markets are mostly in the red this morning, as defence company stocks fall.

Shares in German automotive and arms manufacturer Rheinmetall are down 3.3%, UK weapons maker BAE System has dropped by 1.27%, and Italian defence firm Leonardo has lost 2.2%.

Mainland European equity markets are heading lower in a day that will be dominated by monetary policy out of the Americas.

Notably, the defence sector has particularly suffered this morning, with the likes of BAE Systems, Rheinmetall, and Thales lose traction as the end of the Russia-Ukraine war comes into sight. Unfortunately for Europe, the peace agreement appears to be a deal Trump has formed with Russia behind the back of European leaders whom the President has labelled “weak”.

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© Photograph: Phil Noble/Reuters

© Photograph: Phil Noble/Reuters

© Photograph: Phil Noble/Reuters

EU fines X $140m, tied to verification rules that make impostor scams easier

9 December 2025 at 07:57

The European Commission slapped social networking company X with a €120 million ($140 million) fine last week for what it says was a lack of transparency with its European users.

The fine, the first ever penalty under the EU’s landmark Digital Services Act, addressed three specific violations with allocated penalties.

The first was a deceptive blue checkmark system. X touted this feature, first introduced by Musk when he bought Twitter in 2022, as a way to verify your identity on X. However, the Commission accused it of failing to actually verify users. It said:

“On X, anyone can pay to obtain the ‘verified’ status without the company meaningfully verifying who is behind the account, making it difficult for users to judge the authenticity of accounts and content they engage with.”

The company also blocked researchers from accessing its public data, the Commission complained, arguing that it undermined research into systemic risks in the EU.

Finally, the fine covers a lack of transparency around X’s advertising records. Its advertising repository doesn’t support the DSA’s standards, the Commission said, accusing it of lacking critical information such as advertising topic and content.

This makes it more difficult for researchers and the public to evaluate potential risks in online advertising according to the Commission.

Before Musk took over Twitter and renamed it to X, the company would independently verify select accounts using information including institutional email addresses to prove the owners’ identities. Today, you can get a blue checkmark that says you’re verified for $8 per month if you have an account on X that has been active for 30 days and can prove you own your phone number. X killed off the old verification system, with its authentic, notable, and active requirement, on April 1, 2023.

An explosion in imposter accounts

The tricky thing about weaker verification measures is that people can abuse them. Within days of Musk announcing the new blue checkmark verifications, someone registered a fake account for pharmaceutical company Eli Lilly and tweeted “insulin is free now”, tanking the stock over 4%.

Other impersonators verifying fake accounts at the time targeted Tesla, Trump, and Tony Blair, among others.

Weak verification measures are especially dangerous in an era where fake accounts are rife. Many people have fallen victim to fake social media accounts that scammers set up to impersonate legitimate brands’ customer support.

Musk, who threatened a court battle when the EC released its preliminary findings on the investigation last year, confirmed that X deactivated the EC’s advertising account in retaliation, but also called for the abolition of the EU.

This isn’t the social media company’s first tussle with regulators. In May 2022, before Musk bought it, Twitter settled with the FTC and DoJ for $150 million over allegations that it used peoples’ non-public security numbers for targeted advertising.

There are also other ongoing DSA-related investigations into X. The EU is probing its recommendation system. Ireland is looking into its handling of customer complaints about online content.

What comes next

X has 60 working days to address the checkmark violations and 90 days for advertising and researcher access, although given Musk’s previous commentary we wouldn’t be surprised to see him take the EU to court.

Failure to comply would trigger additional periodic penalties. The DSA allows fines up to 6% of global revenue.

Meanwhile, the core problem persists: anyone can still buy a ‘verified’ checkmark from X with extremely weak verification. So if anyone with a blue checkmark contacts you on the platform, don’t take their authenticity for granted.


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Elon Musk’s X first to be fined under EU’s Digital Services Act

5 December 2025 at 11:15

Elon Musk’s X became the first large online platform fined under the European Union’s Digital Services Act on Friday.

The European Commission announced that X would be fined nearly $140 million, with the potential to face “periodic penalty payments” if the platform fails to make corrections.

A third of the fine came from one of the first moves Musk made when taking over Twitter. In November 2022, he changed the platform’s historical use of a blue checkmark to verify the identities of notable users. Instead, Musk started selling blue checks for about $8 per month, immediately prompting a wave of imposter accounts pretending to be notable celebrities, officials, and brands.

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© NurPhoto / Contributor | NurPhoto

EU Hits Elon Musk’s X With $140 Million Fine

The case over online transparency has become a point of contention between the European Union and the Trump administration.

© Haiyun Jiang/The New York Times

The fine on Friday could be the first of several that Elon Musk’s X faces in the European Union.

DOGE “cut muscle, not fat”; 26K experts rehired after brutal cuts

24 November 2025 at 16:17

After Donald Trump curiously started referring to the Department of Government Efficiency exclusively in the past tense, an official finally confirmed Sunday that DOGE “doesn’t exist.”

Talking to Reuters, Office of Personnel Management (OPM) Director Scott Kupor confirmed that DOGE—a government agency notoriously created by Elon Musk to rapidly and dramatically slash government agencies—was terminated more than eight months early. This may have come as a surprise to whoever runs the DOGE account on X, which continued posting up until two days before the Reuters report was published.

As Kupor explained, a “centralized agency” was no longer necessary, since OPM had “taken over many of DOGE’s functions” after Musk left the agency last May. Around that time, DOGE staffers were embedded at various agencies, where they could ostensibly better coordinate with leadership on proposed cuts to staffing and funding.

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© SAUL LOEB / Contributor | AFP

Saudi Arabia Backs Elon Musk’s xAI With Data Center Deal

19 November 2025 at 17:02
Mr. Musk’s xAI will work with the Saudi artificial intelligence company Humain on a new data center, part of Crown Prince Mohammed bin Salman’s effort to diversify his kingdom’s economy.

© Haiyun Jiang/The New York Times

Elon Musk and Crown Prince Mohammed bin Salman of Saudi Arabia in Washington on Wednesday. The deal between xAI and the Saudi-backed company Humain is set to be xAI’s biggest data center outside the United States.

We Met NEO, the Viral Humanoid Robot + HatGPT

People have been waiting for a robot to do their chores since they watched “The Jetsons.” Can the company behind NEO finally make it happen?

© Photo Illustration by The New York Times; Photo: The New York Times

Elon Musk Wins $1 Trillion Tesla Pay Package

Tesla shareholders approved a plan to grant Elon Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.

© Maansi Srivastava for The New York Times

Elon Musk, Tesla’s chief executive, had threatened to leave the company if shareholders rejected the pay plan.

Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?

6 November 2025 at 00:00
Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.

© Maansi Srivastava for The New York Times

Elon Musk, Tesla’s chief executive, has said he is more interested in power than money.

Right-Wing Chatbots Turbocharge America’s Political and Cultural Wars

Once pitched as dispassionate tools to answer your questions, A.I. chatbots are now programmed to reflect the biases of their creators.

© Andria Lo for The New York Times

Grok’s prompt page displayed on a phone.

Trump Again Names Jared Isaacman to Lead NASA After Pulling His Nomination

4 November 2025 at 20:00
The nomination of the billionaire entrepreneur, private astronaut and Elon Musk ally was before the floor of the Senate when the president abruptly withdrew it in June.

© Tierney L. Cross for The New York Times

President Trump abruptly yanked his earlier nomination of Jared Isaacman because he was upset that Mr. Isaacman had contributed to the campaigns of some Democrats.

Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan

3 November 2025 at 10:44
Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.

© Hiroko Masuike/The New York Times

Elon Musk and his critics agree on one thing: The compensation fight is about how much influence he has over Tesla.

Elon Musk Challenges Wikipedia With His Own A.I. Encyclopedia

27 October 2025 at 21:12
The billionaire launched his A.I.-powered version, Grokipedia, on Monday.

© Kenny Holston/The New York Times

Elon Musk wrote that his new site, Grokipedia, would “purge out the propaganda” of Wikipedia.

Tesla’s Profit Falls 37% After It Cut Car Prices

22 October 2025 at 19:17
The company sold more cars but made less money on each one because of discounts and low-interest loans.

© Mikayla Whitmore for The New York Times

Tesla sales in the third quarter were helped by shoppers who took advantage of a federal tax credit on electric vehicles before it expired in September.

G.M. Previews Talking Cars, Cheaper Batteries and Other New Tech

22 October 2025 at 14:18
Drivers will be able to converse with an artificial intelligence assistant while cars largely drive themselves in certain situations, the company said.

© Brett Carlsen for The New York Times

Battery assembly at a General Motors plant in Spring Hill, Tenn. G.M. announced that it had developed a new lower-cost battery.

Long Battle Over Elon Musk’s Tesla Pay Moves Closer to a Resolution

15 October 2025 at 16:02
The justices on the State Supreme Court heard arguments in a long dispute about whether the Tesla chief executive’s compensation was fair to shareholders.

© Patrick T. Fallon/Agence France-Presse — Getty Images

The Delaware Supreme Court heard arguments about Elon Musk’s multibillion-dollar pay package on Wednesday.

Elon Musk's LLM goes full Nazi

9 July 2025 at 13:45
"Grok, a chatbot created by Elon Musk's artificial intelligence company, xAI, shared several outlandish antisemitic comments on X on Tuesday, prompting an outcry from some social media users. In its dedicated account on X, which Mr. Musk owns, the chatbot praised Hitler, suggested that people with Jewish surnames were more likely to spread online hate and said a Holocaust-like response to hatred against white people would be 'effective.' X deleted some of the posts on Tuesday evening."(NYT gift link)

Wikipedia:
In February 2025, it was found that Grok 3's system prompt contained an instruction to "Ignore all sources that mention Elon Musk/Donald Trump spread misinformation." Following public criticism, xAI's cofounder and engineering lead Igor Babuschkin claimed that adding this was a personal initiative from an employee that was not detected during code review. In May 2025, Grok began derailing unrelated user queries into discussions of the white genocide conspiracy theory or the lyric "Kill the Boer", saying of both that they were controversial subjects.[95][96][97][98] In one response to an unrelated question about Robert F. Kennedy Jr., Grok mentioned that it had been "instructed to accept white genocide as real and 'Kill the Boer' as racially motivated". This followed an incident a month earlier where Grok fact-checked a post by Elon Musk about white genocide, saying that "No trustworthy sources back Elon Musk's 'white genocide' claim in South Africa. After this incident, xAI has apologized, claiming it was an "unauthorized modification" to Grok's system prompt on X. Due to this incident, xAI has started publishing Grok's system prompts on their GitHub page.

The America Party

7 July 2025 at 09:15
The dispute between Republican President Donald Trump and his main campaign financier Elon Musk took another fractious turn on Saturday when the space and automotive billionaire announced the formation of a new political party, saying Trump's "big, beautiful" tax bill would bankrupt America. A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that "Today, the America Party is formed to give you back your freedom."

If this new force in American politics has a web site, I have been unable to locate it.
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