Elon Musk’s net worth is tied mainly to these two companies – SpaceX and Tesla. (AI image) Who wants to be a millionaire? Several years ago an American show highlighted people’s aspiration of reaching the 7-digit figure. Almost three decades later, the world has got its first trillionaire – Elon Musk. A figure that has…
Elon Musk has become the world’s first trillionaire on Friday after SpaceX made its stock market debut on Nasdaq.The company’s shares jumped over 21 per cent shortly after listing, lifting Musk’s estimated fortune above the $1 trillion mark, according to Bloomberg. The bulk of his wealth exists on paper, rather than cash, derived primarily from…
How do you measure a trillion dollars? Start with the zeroes. A trillion is written as $1,000,000,000,000 — a one followed by 12 zeroes. Yet even that barely captures its scale. As SpaceX’s market debut pushes Elon Musk towards what could become the world’s first trillion-dollar personal fortune, the number is so large that it…
Not very long ago, a railway journey in India often began with a queue.Passengers would visit reservation counters, wait for printed tickets, check paper charts pasted outside coaches and rely on station inquiry windows for information about delays or platform changes.Today, much of that experience fits inside a smartphone. A passenger can book a ticket,…
India’s edible oil imports increased 6.7 per cent year-on-year to nearly 13.39 lakh tonnes in May, driven mainly by higher shipments of crude soyabean oil, industry body Solvent Extractors’ Association of India (SEA) said on Friday, reported news agency PTI.According to SEA data, edible oil imports rose to 13,38,936 tonnes in May 2026 from 12,54,883…
SpaceX is set to make its debut on Wall Street on Friday, after a blockbuster IPO. The rocket and satellite giant raised a staggering $75 billion through the sale of 555,555,555 shares priced at $135 each, valuing the company at around $1.77 trillion. If the stock surges after listing, as many investors expect, SpaceX could…
Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.Food inflation also increased during the month, with the Consumer Food Price Index (CFPI)-based inflation rate rising to 4.78% from 4.20% in April, the government data showed.The CPI…
SpaceX’s Wall Street debut is just hours away, and investors are betting that Elon Musk‘s aerospace empire could be worth more than $2 trillion once it starts trading publicly. According to shadow and prediction markets, there is strong excitement surrounding the aerospace giant ahead of one of the most closely watched stock market listings in…
Stock market rally today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Friday on hopes that the US and Iran will be able strike a peace deal. The Sensex soared more than 1,500 points, while the Nifty50 reclaimed the 23,500 mark. The sharp rally boosted the cumulative market capitalisation…
SpaceX has diverse businesses, including space launches, satellite broadband services, defence-related operations and artificial intelligence. (AI image) Should Indian investors look to get a bite of Elon Musk-led SpaceX? Set to be listed on Nasdaq on Friday, SpaceX which is making Musk the world’s first trillionaire, saw the largest ever initial public offering (IPO). The…