Musk SpaceX IPO

Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that is likely to rank as the biggest ever and make its founder the world’s first trillionaire. A SpaceX IPO promises to be one of the biggest Wall Street events of the year with several investment banks lining up to help raise tens of billions to fund Musk’s ambitions to set up a base on the moon and possibly one day send a man to Mars. The sources spoke on anonymity because they were not authorized to talk publicly about the confidential registration.

Elon Musk has been summoned to Paris as part of an investigation into alleged misconduct on the social media platform X. French authorities are looking into the spread of child sexual abuse material and deepfake content. Musk and former X CEO Linda Yaccarino have been invited for voluntary interviews. It's unclear if they will attend. The investigation is still ongoing after a search at X's French premises in February. French prosecutors have alerted U.S. authorities, but the Justice Department reportedly declined to assist. Reporters Without Borders has also filed a complaint against X for allowing disinformation.

Technology tycoons Elon Musk and Sam Altman are poised to face off in a high-stakes trial revolving around the alleged betrayal, deceit and unbridled ambition that blurred the bickering billionaires’ once-shared vision for the development of artificial intelligence. The trial, which began Monday with jury selection, centers on the 2015 birth of ChatGPT maker OpenAI as a nonprofit startup primarily funded by Musk before evolving into a capitalistic venture now valued at $852 billion. The civil lawsuit accuses Altman, OpenAI’s CEO, of double-crossing Musk by straying from the company’s founding mission to be an altruistic steward of the technology.