CEO pay skyrockets in 2025 amid growing income inequality in the US
Elon Musk earned 2.5 million times more than a Tesla worker’s median pay in 2025, despite revenue and sales declines.
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SpaceX shares drop below debut price before jumping amid $600bn sell-off
SpaceX shares dip below debut price, erasing $600bn in value before recovering 2.4 percent amid tech market turbulence.
From: This is America
SpaceX listing shatters financial records
SpaceX has gone public, making Elon Musk the world’s first trillionaire and giving investors the chance to buy in.
Published On 12 Jun 2026
Elon Musk poised to make history as world’s first trillionaire
SpaceX’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.
Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some
SpaceX’s IPO could challenge pension funds as concerns grow over its valuation and governance structure under Musk.
Musk’s Grok accused of violating Canadian privacy laws on deepfakes
Privacy watchdog finds xAI’s Grok lacks safeguards for sexualised deepfake image sharing, amid growing global scrutiny.
NASA announces astronauts for Artemis III spaceflight, scheduled for 2027
Questions linger over whether the explosion of the Blue Origin New Glenn rocket will affect the Artemis III mission.
Elon Musk’s SpaceX eyes $1.77tn valuation ahead of blockbuster IPO
Texas-based rocket company announces plans to sell shares at $135 apiece, aiming to raise approximately $75bn.
Blue Origin’s New Glenn rocket explodes on launchpad in Florida
The incident is the latest setback for Jeff Bezos’s space venture as it seeks to narrow the gap with Elon Musk’s SpaceX.
The kingmakers of Makerfield: English town braces for crucial by-election
On June 18, voters will determine the fate of Andy Burnham, a possible contender to replace embattled PM Starmer.
![Sarata Sawo (L) and Alia Patel (R) activists with Young Labour in Ashton-in-Makerfield [Simon Speakman Cordall/Al Jazeera]](/wp-content/uploads/2026/05/Sarata-Sawo-L-and-Alia-Patel-R-activists-with-Young-Labour-in-Ashton-in-Makerfield-1779787107.jpg?resize=770%2C513&quality=80)
Elon Musk’s SpaceX unveils filing for blockbuster IPO
A successful sale could value the company at a record-setting $1.75 trillion.
