Elon Musk blasts New York City Mayor Zohran Mamdani's discount groceries plan. New York City Mayor Zohran Mamdani 's socialist policies have often provoked the wealthy class, and this time, his plan for the residents to access discounted groceries has triggered Elon Musk, the world's wealthiest individual.

Tesla Inc. (NASDAQ: TSLA ) and Space Exploration Technologies Corp. (NASDAQ: SPCX ) CEO Elon Musk says that the new Terafab semiconductor manufacturing facility in Grimes County, Texas, will serve both the Optimus robot and SpaceX’s “AI spacecraft” .

Just nine months after Elon Musk launched Grokipedia, his anti-woke alternative to Wikipedia, the AI-generated encyclopedia appears to be dead or at least paused for now.

SpaceX’s exclusive Nvidia commitment shows how AI infrastructure standardization can accelerate deployments while deepening supplier and supply chain risk.

Elon Musk lost roughly $87 billion in a single trading session on Wednesday, Aug. 5, 2026, according to Forbes’ Real-Time Billionaires Index, which showed his fortune sliding from $783.3 billion to $696.

Residents of a Texas county are asking for more local oversight of AI infrastructure projects after Elon Musk's Terafab project got a tax break.

Former Defence Minister Mykhailo Fedorov has said he is continuing talks with SpaceX owner Elon Musk about the possibility of using Starlink internet to target sites in Russia, including ballistic missile launchers.

SpaceX and Tesla will build the Terafab chipmaking facility in Grimes County, bringing a projected $16.8 billion investment and 3,000 jobs.