US Stock Market: Heavy short selling puts spotlight on SpaceX's volatile post-IPO journeyShort sellers have dramatically increased their bets against SpaceX, with nearly a third of its tradable shares now sold short. Despite ini...
02 Jul, 2026, 09.39 AM IST
Elon Musk denies WSJ report that SpaceX showed AI handset prototype before IPOThe Journal had reported, citing people familiar with the matter, that the prototype handset-like device was designed to run on a proprie...
02 Jul, 2026, 07.45 AM IST
Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
01 Jul, 2026, 04.12 PM IST
How Pete Hegseth is destroying the Pentagon: Critics cite leadership purges, falling morale, and loyalty-driven decisionsUS Defense Secretary Pete Hegseth faces intense scrutiny over allegations of damaging military morale and sidelining expertise. Critics cla...
01 Jul, 2026, 07.54 AM IST
East Wing Ballroom Executive Residence Contract worth $500 million awarded without competitive bids? Check responsible firm, Donald Trump's roleEast Wing Ballroom Executive Residence Contract: U.S. President Donald Trump was directly involved in negotiating some costs for the ballr...
30 Jun, 2026, 06.15 PM IST
Australia sues Amazon unit over alleged breach via Prime Video adsThe Australian Competition and Consumer Commission (ACCC) alleged that between November 2023 and August 2025, Amazon Australia used unfai...
30 Jun, 2026, 07.31 AM IST
No smartphones, internet or AI: This Karnataka boy from Chikkamagaluru, who learnt about space from encyclopaedias, now sends advanced satellites into orbitA Karnataka village boy, Awais Ahmed, once reliant on encyclopedias for space knowledge, co-founded Pixxel, a company now orbiting Earth wi...
29 Jun, 2026, 04.07 PM IST
Elon Musk says Grok 4.5 is now in private beta, claims performance near or above Anthropic's OpusMusk said reinforcement learning is continuing to improve the model and that "Grok Build," xAI's coding-agent harness, is being refined dai...
28 Jun, 2026, 06.24 PM IST
SpaceX initial public offering returns: Will SpaceX stock hold above $135 IPO price? Elon Musk's company is trading over 5 times than that of Nvidia salesSpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyweight chipmaker Nvidia recently tr...
27 Jun, 2026, 04.40 PM IST
Indian ambassador Kwatra meets senior US defence official Elbridge ColbyIndia's Ambassador to the US, Vinay Mohan Kwatra, met with senior US defence official Elbridge Colby at the Pentagon. Their discussion cent...
27 Jun, 2026, 12.41 PM IST
SpaceX set to join Nasdaq 100, paving way for wave of passive buyingSpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nas...
27 Jun, 2026, 08.52 AM IST
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reportsSpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T....
26 Jun, 2026, 12.42 PM IST
Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...
25 Jun, 2026, 02.14 PM IST
Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...
24 Jun, 2026, 09.37 PM IST
Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortuneElon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares followin...
24 Jun, 2026, 05.01 PM IST
Alibaba sues Pentagon over blacklist designationAlibaba Group on Tuesday filed a federal lawsuit challenging the US Defense Department's designation of the Chinese technology giant as a "...
24 Jun, 2026, 08.36 AM IST
Elon Musk's AI tool Grok was used in strikes against Iran, Trump administration saysElon Musk's AI tool Grok is now part of US military operations. The US government revealed Grok's use in strikes against Iran. This informa...
17 Jun, 2026, 07.49 AM IST