SpaceX
- Updated
- Billionaires
Gina Rinehart bets $1.4 billion on Musk with record SpaceX stake
The mammoth bet deepens Rinehart’s ties to Musk - the world’s first trillionaire - and US President Donald Trump.
- David Swan
Latest
SpaceX’s $3 trillion debut expected to kick off wave of AI mega IPOs
The spectacular debut of SpaceX paves the way for an unprecedented series of floats this year as AI giants such as Anthropic and OpenAI plan to go public.
- Colin Kruger
Musk’s net worth is now 5 million times that of an average family
The tech mogul just became the world’s first trillionaire, signalling an eye-watering new era of ultra-affluence and widening wealth inequality.
- Ryan Mac and Ben Casselman
- Updated
- Sharemarket
Elon Musk becomes world’s first trillionaire as SpaceX soars in Wall Street debut
Elon Musk is now worth more than the world’s next four richest people combined.
- Bernard Condon
- Explainer
- Data centres
Data centres power what we do online. So why all the controversy now?
You might never go inside one of these massive structures – but your digital presence has, probably hundreds of times a day. What goes on in a data centre?
- Angus Holland
‘One could not ask for a better friend’: Elon Musk’s mate eyes $100 billion windfall
For 25 years, Antonio Gracias has dedicated himself to serving as one of Elon Musk’s most loyal lieutenants, doing anything and everything to aid the tech mogul. On Saturday, it’s payday.
- Theodore Schleifer
The $2.5 trillion space invasion coming to Wall Street
This week’s SpaceX float is set to be the biggest in history and make Elon Musk the world’s first trillionaire. Here’s what you need to know.
- Chris Zappone
- Opinion
- Interest rates
Will the AI boom lead to lower interest rates?
New US Federal Reserve Chair Kevin Warsh says the productivity gains from artificial intelligence will allow significant cuts in interest rates. More like the opposite.
- Stephen Bartholomeusz
- Opinion
- Elon Musk
Why some Australian investors will risk punting on Musk’s $2.5 trillion space vision
It’s off to the races for the Musk believers, who appreciate that no matter how many times his big promises have not been met, some of them have.
- Elizabeth Knight
- Opinion
- Sharemarket
Trump will be furious but his man’s hands are tied
A surprising jump in the latest jobs figures is good news for America but it spells doom for one of the US president’s biggest wishes.
- Stephen Bartholomeusz