Elon Musk

Elon Musk news covering his companies, including Tesla, SpaceX, xAI and X, along with his political activity and legal cases. Stories separate what Musk has posted or said from what his companies have confirmed or filed.Read moreShow lessFAQ

This page is part of our tech news coverage. His role in government and campaigns is also reported in our US politics news section.

461 articlesLast updated 2026-11-06 12:47 UTC

Nine Tech Billionaires Lost $152 Billion in One Day as Nasdaq 100 Fell Into Correction, Musk Down $80 Billion

The nine richest tech founders and executives lost a combined $152 billion in paper wealth Thursday, Nov. 5, with Elon Musk alone down about $80 billion to $785 billion on Bloomberg's index. Premarket indications Friday point to a partial bounce in Nvidia, SpaceX and Oracle, but regular trading does not open until 9:30 a.m. ET.

Musk Says Tesla Will Wind Down Cybertruck Production in Texas Around Mid-2027 to Make Room for Cybercab

Elon Musk announced on X today, Nov. 6, that Tesla will wind down Cybertruck production at Gigafactory Texas around the middle of next year to free capacity for the Cybercab. The truck was pitched at 250,000 units a year; Kelley Blue Book estimates 11,586 U.S. sales in the first nine months of 2026. The Cybercab still has an open federal safety question to answer.

Tesla and SpaceX Lose $456 Billion in Market Value Since Election Night, Musk's Fortune Falls Below $800 Billion

Tesla and SpaceX have shed about $456 billion in combined market cap since Tuesday's close, and Elon Musk's net worth is below $800 billion, according to Forbes. The drop overlaps with a broad AI-stock selloff, and analysts disagree on how much is election fallout and how much is the wider market. Congressional Democrats and a new Democratic Texas administration are the next test for Musk's data center plans.

Democrats Take Congress Despite Musk's $446 Million; NBC Exit Poll Finds 76% Oppose a New Data Center Nearby

Democrats won both chambers on Nov. 3 over the biggest donor spending of any midterm cycle, and the AI industry's own PAC money lost in South Carolina. Exit polling and Democratic platforms now put data center construction in the political crosshairs. Vance blames the Iran war for the loss, so the cause of the rout is still disputed inside the GOP.

Quilty Space Projects 150-Launch Shortfall Through 2030 as SpaceX Winds Down Falcon 9

Analytics firm Quilty Space estimates the world outside China will be about 150 medium- and heavy-lift launches short of demand by 2030, with 2028 the worst year. SpaceX, which flew 85% of U.S. launches in 2025, is reportedly closing Falcon 9 bookings after 2028 and has not publicly said how Starship will fill the gap.

Musk Spent Roughly $450 Million on GOP Causes. Texas Elected a Democratic Senator and Governor Anyway

Elon Musk gave between $446 million and $474 million to Republican efforts this cycle, depending on the count, the most any individual has donated. Texas still elected Democrat James Talarico to the Senate and Gina Hinojosa as governor. Both ran on tighter rules for AI data centers, so the future of Texas's buildout is now an open question.

Qualcomm to Supply 5G Gear for Tens of Thousands of SpaceX Starlink Mobile Cell Sites, Starting 2027

SpaceX picked Qualcomm's Dragonwing platform to power the ground network for Starlink Mobile, a multiyear deal with first deployments in 2027. Financial terms are undisclosed. SpaceX now has to line up towers, permits and FCC approval for its spectrum before it can compete with Verizon, AT&T and T-Mobile.

Tesla and SpaceX Down 6% to 7% Pre-Market After Democrats Win Texas Governor and Senate Seats; Data Center Stocks Slide

The market-moving piece of the Democratic sweep is Texas, where Gina Hinojosa and James Talarico won and Hinojosa has called for an immediate data center moratorium. Tesla and SpaceX are down about 6% to 7% before the 9:30 a.m. ET open, and AI infrastructure names are lower. Whether those losses hold at the bell is the first test.

Musk's $445.8 Million in Midterm Giving Rides on Toss-Up Senate Races in Texas and Ohio as Polls Close

FEC data through Oct. 29 shows Elon Musk has put at least $445.77 million into Republican-aligned groups this cycle, a single-cycle record. Texas and Ohio, both rated toss-ups by Cook Political Report, are where tech, crypto and AI money is most concentrated. Polls close in Ohio at 7:30 p.m. ET and in most of Texas at 8 p.m. ET.

Musk Says Two More Colossus 2 Data Centers, Gun Range and Spam, Will Be Running by December

Elon Musk said on X on Oct. 31 that two new sites near Memphis and Southaven, nicknamed Gun Range and Spam, will add about 420,000 Nvidia chips to Colossus 2. Gun Range is projected for the end of November and Spam for December. A federal judge denied xAI's motion to dismiss the NAACP's turbine lawsuit last week, so the case continues as the buildout accelerates.

Tesla and Samsung Ask USTR to Hold Off on New Vietnam Tariffs as Nov. 29 IP Probe Deadline Nears

Tesla and Samsung have told the U.S. Trade Representative that new duties on Vietnamese goods would hurt American supply chains, while steel, seafood, solar and wood producers want them. The Section 301 intellectual property probe is due to conclude Nov. 29, and Vietnam already faces a 12.5% general tariff.

SpaceX Flies 700th Falcon 9 Mission as Its Rolling Launch Count Drops Below 150

A Falcon 9 lifted off from Vandenberg at 0404 UTC on Oct. 31 with 27 Starlink satellites, the 700th flight of the rocket. SpaceX's rolling 365-day launch total has fallen from a December 2025 peak of 171 to under 150, and Starship Flight 15 is expected in mid-November.

SpaceX Finishes Static Fires for Starship Flight 15; FAA Approval for Double Tower Catch Still Pending

SpaceX has completed static-fire tests on both Booster 22 and Ship 42 ahead of Starship Flight 15, targeted for November. The launch needs FAA sign-off on a license covering tower catches of both stages, something SpaceX has never attempted with the upper stage.

Alphabet Closes Down 12.6% at $283.82 After Earnings, With Search Growth at 12% and a SpaceX Mark Cutting EPS 55 Cents

Alphabet's Class A shares ended Thursday, Oct. 29, down 12.64% at $283.82 after the third-quarter report. Search revenue grew 12%, free cash flow was negative $9.1 billion, and an unrealized SpaceX loss cut EPS by $0.55. Q4 capex could run as high as $73.1 billion, and the SpaceX mark can swing again by Dec. 31.

Anthropic's IPO Filing Lists More Than $750 Billion in Compute Commitments, With Google, Broadcom and SpaceX at the Top

Since Anthropic filed its S-1 on Oct. 26, the prospectus has shown who gets paid: Google, Broadcom and Elon Musk's SpaceX lead more than $750 billion in computing deals, ahead of Amazon and Microsoft. Against that, the company reported $16.3 billion in first-half revenue and an $80.7 billion net loss, and a new music-publisher lawsuit adds to its legal exposure. The roadshow could start the week of Nov. 9.

Putin Calls Musk a 'Real Genius,' Says Russia Is in 'Close Contact' With Him on Satellites

Putin said Wednesday, Oct. 28, that Moscow is in "close contact" with Elon Musk about satellite operations while praising him as a "genius." The remarks came days after Ukraine said Starlink and Starshield speeds were restored following nearly two weeks of disruptions that Musk tied to a closed "loophole." SpaceX did not respond to the BBC's request for comment, and Zelensky hopes trilateral talks involving the U.S. and Russia take place in Abu Dhabi between 6 and 10 November.

Texas Tribune: Comptroller Huffines' Financial Disclosure Omitted His Role at Firm That Lists SpaceX as an Investment

Texas Comptroller Don Huffines did not list his executive role at Huffines Enterprises Science & Technology on the personal financial disclosure he filed in February, according to Texas Tribune reporting. His campaign says he owns no stake in the firm or SpaceX and has received no income from either. His office administers more than $1 billion in SpaceX-related tax breaks, awarded before he took office, and he faces Democrat Sarah Eckhardt on the November ballot.

Musk Says SpaceX Closed $40 Billion GPU Debt, but Pricing and Terms Remain Undisclosed

Elon Musk says SpaceX has closed $40 billion in debt to buy Nvidia GPUs, but the company has not disclosed pricing or a structure breakdown. SpaceX's default-insurance cost hit a record on Oct. 7, and its last attempt at off-balance-sheet AI financing ended up on the balance sheet anyway.

SpaceX Filing Shows $40 Billion Apollo GPU Deal Is a Binding Commitment, With the Lease Still to Be Signed

Since Elon Musk said on Oct. 25 that SpaceX had closed $40 billion in GPU financing, a Monday SEC filing has laid out the structure: a binding commitment letter dated Oct. 24 for a master finance lease with an Apollo-managed entity. The lease is expected to be finalized by year-end, and its interest rate has not been set.

Musk Says 200+ AI Neoclouds Face 'Guppy-Level Death' as SpaceX Announces $40 Billion GPU Debt Deal

Elon Musk said in a Sunday X post that lenders have shut off financing to AI cloud firms without substantial revenue outside data centers, and that most of the 200+ neoclouds will die or consolidate. CoreWeave, Nebius and Iren were each down more than 4% in premarket trading, extending a month-long slide, and the man making the call runs a direct competitor.

Grok Imagine posts 7-minute AI 'Odyssey' episode, three months after Musk promised a full film by year-end

xAI's Grok Imagine account posted a seven-minute AI-generated 'Odyssey' episode on X on Friday, Oct. 23, with Wonder Studios and director Dev Walker credited. Musk had promised a full-length, 'historically accurate' film before the end of 2026, and no episode count or next release date has been announced. That leaves roughly two months on his own deadline.

Rep. Crow Calls Musk's Starlink Control 'Beyond Disturbing' as Ukraine Says Offensive-Strike Claim Is 'Physically Impossible'

Since Musk said Saturday, Oct. 24, that SpaceX throttled Ukraine's Starlink to close a 'loophole,' Rep. Jason Crow has gone on national TV and, with two committee Democrats, written to Trump demanding answers. Kyiv's defense technology adviser says Musk's account doesn't match how the system works in Ukraine. Neither Trump nor Musk has given a consistent account of who ordered the Starshield speed cap.

SpaceX Closes $40 Billion in Debt to Buy GPUs, Musk Says

Elon Musk said on X on Sunday, Oct. 25, that SpaceX has closed $40 billion in mostly callable debt to buy GPUs due in the first half of 2027. He credited SpaceX's investment-grade rating and Starlink and launch revenue, and predicted a wipeout among 200-plus smaller AI compute firms. SpaceX has guided to $35 billion to $40 billion in fourth-quarter capital spending, so the chips now have to earn their keep.

Odds of a Tesla-SpaceX Deal Announcement by Dec. 31 Fall to 12.5% From 29% in a Week

Since Elon Musk confirmed on Oct. 20 that special committees at Tesla and SpaceX are weighing a merger, prediction-market odds of an announcement by year-end have dropped to 12.5%. No terms have been agreed, Tesla's proxy contains no merger vote, and a Reuters source says Musk's own comments could slow the process by weeks. The next marker is Tesla's Dec. 3 shareholder meeting.

Schiff Says Hegseth Should Testify on Ukraine Starlink Slowdown as Musk Cites Terms Violation and White House Denies Ordering It

Sen. Adam Schiff said on Meet the Press Oct. 25 that Defense Secretary Pete Hegseth should be called to testify if Democrats retake the Senate. Musk now says SpaceX enforced its terms of service, while the Trump administration denies ordering any restriction. Who gave the order, if anyone did, is still unanswered.

Musk Says SpaceX Restricted Ukraine's Starlink to Close a 'Loophole.' Kyiv Denies Breaking Terms

Elon Musk acknowledged Saturday, Oct. 24, that SpaceX limited Ukraine's Starlink, saying Kyiv used the civilian service for offensive drone strikes. Ukrainian adviser Serhii Beskrestnov says existing restrictions make that impossible. Musk still says the Starshield limits were a U.S. government call, a claim Trump denies, so who capped the military system remains open.

Tesla Says It Needs 10,000 to 20,000 Optimus Robots to Train Themselves, Starts Fremont Production

On its Oct. 21 earnings call, Tesla announced an "Optimus Academy" where 10,000 to 20,000 humanoid robots will practice tasks and feed the data into future models. Production has started in Fremont, but Musk called the ramp "somewhat bumpy" and outside deliveries are targeted for the end of 2027. The robots' hands and the AI behind them remain unsolved problems.

NASA Says Artemis III Will Fly Next Summer, Docking With Test Versions of SpaceX and Blue Origin Landers

NASA Administrator Jared Isaacman said Friday that Artemis III remains on track for summer 2027 as an Earth-orbit docking test with SpaceX and Blue Origin lander prototypes, with the first crewed landing still set for 2028. NASA is keeping the lander choice for Artemis IV open, and neither company has yet shown it can do everything the schedule demands.

Biden and Trump Administrations Both Asked SpaceX to Switch Starlink On or Off Abroad, Six Former Officials Say

Since Ukraine accused SpaceX on Oct. 14 of throttling Starshield, new reporting shows two administrations had for years asked Musk to turn Starlink on or off in other countries, according to six former senior U.S. officials. The White House still hasn't said whether it ordered the Ukraine slowdown, while Europe and the Space Force wrestle with how much they depend on one company.

NOAA draft review suspends California coastal funding, demands talks with SpaceX and Sable Offshore

A 92-page draft federal review says California's coastal management funding is suspended until the state meets more than a dozen "corrective actions," including meeting SpaceX and Sable Offshore and pledging by January not to categorically oppose offshore drilling. The findings are preliminary, and legal experts say no state has been treated this way under the Coastal Zone Management Act. What is at stake is whether Washington can use a routine program review to set the terms of a state's coastal oversight.

Musk Has Given About $366 Million This Cycle, Roughly $276 Million of It Since July, Making Him the Top Midterm Donor

Elon Musk's representatives disclosed that he has put roughly $276 million into Republican-aligned groups since July, and campaign finance trackers now put his cycle total above $365 million. Democratic candidates are out-raising Republicans in most Senate races, but GOP-aligned outside groups hold a roughly $400 million ad-spending edge with Election Day, Nov. 3, 11 days away.

Musk Reportedly Invested About $1 Billion in Skydance. Neither Side Has Confirmed It

A person familiar with the matter says Elon Musk put roughly $1 billion into Skydance, the company formed when Paramount absorbed Warner Bros. Discovery on Oct. 6. Skydance and Musk have not confirmed it, and nothing public shows whether it is new cash or a share purchase. Skydance still carries nearly $80 billion in debt.

Starshield Slowdown Fallout: Palantir Says NATO's Maven Has No Kill Switch, Rubio Calls Ukraine Limits a SpaceX Contract Matter

Palantir told Reuters on Wednesday, Oct. 21, that neither it nor the U.S. government can switch off the Maven AI system NATO uses, as Europe questions its reliance on American tech after the Starshield throttling in Ukraine. Secretary of State Marco Rubio says the limits fall under a private SpaceX contract, while Musk says the U.S. military and the president set them. Who actually gave the order is still disputed.

Nasdaq 100 Futures Fall 1.8% Before the Open After Meta and Tesla Earnings

Nasdaq 100 futures were down 1.8% in pre-market trading today, Oct. 22, threatening to erase most of the index's 2.2% weekly gain. The slide follows mixed reactions to Meta and Tesla results and comes a week after an AI-stock rout driven by hot inflation data and worries about debt-funded data center spending. Regular trading opens at 9:30 a.m. ET.

Musk's Public Backing of SpaceX-Tesla Merger Could Delay Talks by Weeks, Reuters Source Says

Since Musk disclosed on Oct. 20 that SpaceX and Tesla have formed special committees, a person with direct knowledge told Reuters his public comments could draw shareholder scrutiny and push the process back several weeks. Early structures under discussion include a SpaceX acquisition of Tesla or a merger under a new holding company, the person said. The 2016 SolarCity litigation is the precedent insiders are watching, and Tesla's annual meeting, expected on or before Dec. 6, is the next marker.

Federal judge rules EPA cannot unilaterally dismiss NAACP's Clean Air Act suit against xAI

U.S. District Judge Debra Brown ruled this week that the Trump administration can step into a citizen Clean Air Act case but cannot end it on its own. The NAACP's suit over xAI's gas turbines continues, and whether the equipment needed permits is still undecided.

Meta Rises and Tesla Slips After Hours on Earnings as U.S. Stock Futures Fall

After Meta and Tesla reported third-quarter results Wednesday, Oct. 21, Meta gained and Tesla dropped about 3% in extended trading, and Nasdaq-100 futures fell 0.7%. Meta's Q4 revenue guide of $73 billion to $76 billion came in above expectations at the midpoint, while Tesla's call leaned on FSD, robotaxi and Optimus targets. Thursday brings more earnings and the weekly jobless claims report.

Tesla Q3 net income falls 43% to $787 million as flat revenue meets higher AI spending

Tesla reported third-quarter net income of $787 million, down 43% from a year ago, on revenue of $28.05 billion that was essentially unchanged. Gross margin improved and free cash flow turned positive at $1.53 billion, but operating income fell 56% as R&D and stock compensation climbed. Tesla's NHTSA deadline on its Cybercab questions is Oct. 30.

Sources Say Musk Ordered Starshield Slowdown in Ukraine; Musk Says the Pentagon and Trump Set the Limits

People familiar with the matter told CBS News that Elon Musk personally ordered the speed limits on Ukraine's military satellite service. Musk says the US military and the president decide, Hegseth says the Pentagon issued no directive, and Trump says he doesn't know who did. Ukraine says the limits are still in place, and no one in government has claimed responsibility.

23 House Members Urge Trump to Ask Musk to Let Ukraine Use Starlink to Target Russian Missile Launchers

Seven House Republicans and 16 Democrats sent Trump a letter today, Oct. 21, asking him to call Elon Musk and open Starlink to Ukrainian targeting inside Russia. It lands as people familiar with the matter tell CBS News that Musk himself chose to restrict Ukraine's access, and Zelenskyy's office says the throttling continues.

WSJ Reports Musk Ordered Ukraine Starlink Speed Cap Last Week; Hegseth Says Pentagon Gave No Directive

The Wall Street Journal reported today, Oct. 20, citing U.S. officials and people familiar with the matter, that Elon Musk personally ordered the speed cap on Ukraine's military Starlink access. Hegseth says the Pentagon pulled nothing back, and Trump says he doesn't know who did it. Zelensky says the service needs to be restored, and the question of who actually signed off is still open.

SpaceX Spent $19.6 Billion on Capex in Q3, More Than Its $14.6 Billion in Revenue

SpaceX's third-quarter results beat estimates, but quarterly capital spending of about $19.6 billion topped total revenue, and Starlink still generates nearly all of the profit. AI is now more than half of sales, and most of its revenue comes from renting out data-center capacity. Tesla reports Wednesday, with the merger committees Musk disclosed on the call still unexplained.

Musk Says Tesla and SpaceX Have Formed Special Committees to Weigh a Merger

On SpaceX's Q3 call today, Oct. 20, Elon Musk said both companies have special committees reviewing a possible Tesla-SpaceX combination, with no agreed terms and no guarantee of a deal. Musk, CEO of both, says he is walled off as a conflicted party, and any deal would need approval from 50% of all Tesla shares, not just those voting. Tesla reports its own Q3 results after the close Wednesday, Oct. 21.

SpaceX Reports $14.6 Billion Q3 Revenue and $4.4 Billion Net Income, Guides Q1 Revenue to $33 Billion-$37 Billion

SpaceX beat revenue estimates in its second earnings report as a public company, with AI now its largest segment, and guided Q1 2027 revenue far above analyst expectations. The same quarter brought $19.6 billion in capital spending, and the company's own cautions about AI investment remain the open question.

SpaceX Reports Q3 Earnings After the Close Today, With Analysts Expecting About $12.8 Billion in Revenue and a Return to Profit

A day after Elon Musk pledged a SpaceX share to every American child, the company reports its second earnings as a public company after the bell today, Oct. 20. Analysts expect revenue near $12.8 billion and a small profit, but the numbers to watch are capital spending, financing needs and any hint on a Tesla deal. Tesla reports Wednesday, and Barclays says a merger announcement would need to come by late October or early November to be voted on at Tesla's annual meeting.

Anthropic's 5% Public Benefit Fund Is a Company-Owned LLC. Musk's SpaceX Share Pledge for Kids Has No Mechanism Yet

Since Anthropic's Sunday, Oct. 18 announcement and Musk's Monday, Oct. 19 reply, the details show two different models: a company-owned fund with board-discretion top-ups, and a pledge of one SpaceX share per child, which sources value at roughly $10.5 billion to $11 billion depending on the child count and share price, with no delivery plan from Musk. Anthropic's governance rules are due in the coming months, and its IPO filings are expected within weeks.

Musk Pledges One SpaceX Share to Every U.S. Child in 2027, Worth About $10.5 Billion at Friday's Close

Elon Musk said Monday, Oct. 19, that he will give one of his SpaceX shares to every child in America next year, and called it "the first of many." At Friday's $146.03 close that is roughly $10.5 billion, but Musk has not said who qualifies or how the shares would be delivered. SpaceX reports earnings Tuesday, Oct. 20.

Ninth Circuit Reverses Class Certification in Tesla Full Self-Driving Advertising Suit

A three-judge Ninth Circuit panel on Oct. 16 reversed all three class certifications in LoSavio v. Tesla, ruling that plaintiffs could not show every buyer saw the challenged hardware claim. The panel did not decide whether the claim was true, and the case goes back to Judge Rita Lin. Tesla's exposure shrinks, but individual suits and a narrower class remain possible.

SpaceX Agrees to Buy Nearly $8 Billion in Low-Band Spectrum for Starlink Mobile Carrier Plan; Deutsche Telekom CEO Pushes Back

SpaceX plans to turn Starlink Mobile into a fourth national U.S. carrier, backed by a spectrum purchase valued at nearly $8 billion and FCC approval for 15,000 more satellites. Shares of AT&T, Verizon and T-Mobile fell on the news, and Deutsche Telekom's CEO says Musk still has to build out ground infrastructure that Reuters says could cost more than $80 billion.

SpaceX Retakes Polymarket Lead for 2026's Biggest IPO After Report Anthropic Valuation Talk Fell to $1.5 Trillion

Polymarket bettors made SpaceX the favorite again on Oct. 16 for the largest 2026 IPO by market cap, a day after Reuters reported investors are weighing about $1.5 trillion for Anthropic, down from roughly $2 trillion. Anthropic's roadshow is expected the week of Nov. 9, so the question will be settled by an actual price, not a betting line.

Ukraine's Starshield Terminals Hit With 100 mph Speed Cap, and Musk Says Washington Sets the Limits

A speed restriction on SpaceX's military Starshield service hit Ukrainian forces overnight into Oct. 14 with no warning, disrupting missions and interceptor drones. Elon Musk says the U.S. military and ultimately the president decide such limits; the White House has not confirmed that, and two U.S. officials told CNN it was not a high-level policy decision. Ukraine has regained some connectivity but still wants the cap removed.

Two Polls Put Paxton Up a Point or Less in Texas as Musk-Backed Spending Meets Talarico's $64 Million Quarter

Since filings showed Elon Musk's $158 million passing through the Senate Leadership Fund to Texas PAC, two polls this week have Ken Paxton ahead of James Talarico by one point or less, while an RCP average still has Talarico up 2.3. Talarico reported a record $64 million quarter against Paxton's $10.2 million. Early voting starts Monday, Oct. 19, with the election on Nov. 3.

Musk's $158 Million to Senate GOP Super PAC Went to Texas PAC Within a Day, FEC Filings Show

Elon Musk gave $158 million to the Senate Leadership Fund in September, and the group moved the same amounts to a new Texas PAC the next day to back Ken Paxton against James Talarico. The filings, released Oct. 15, put Musk's 2025-26 giving at roughly $366 million, per figures his representatives gave the New York Times. With polls tight and Election Day on Nov. 3, Texas is now the most heavily financed Senate fight on the map.

Tesla Shows Roadster With SpaceX Thrusters, Targets 2028 Production, Names No Price

Tesla unveiled its second-generation Roadster on Thursday, Oct. 15, at a SpaceX test site in Texas. A car that has missed every delivery date since 2017 now has a 2028 production target, three trims and reservations of $50,000 to $250,000, but no price. Street legality remains an open question.

Atlantic Writer Says Musk and Bezos Are Racing to Commercialize the Moon and Orbit

Josh Tyrangiel, in an Atlantic cover story and an NPR interview, says SpaceX's Elon Musk and Blue Origin's Jeff Bezos both want to colonize the moon, mine it, and build data centers in space. He says the market has no ceiling and few established rules, and that each man's only real competitor is the other.

Barclays Says Tesla-SpaceX Merger Could Be Announced Before Tesla's December Annual Meeting

Barclays analysts said today, Oct. 14, that a Tesla-SpaceX merger announcement could come before Tesla's annual meeting, due by Dec. 6, with SpaceX buying Tesla in an all-stock deal as the likeliest structure. Neither company has confirmed talks. The note is a forecast, and the unanswered question is how Tesla's public shareholders would be treated when Musk's voting control is far larger at SpaceX.

Musk Says US Military and Trump Decide Starshield Speed Limits After Ukraine's Drone Links Are Throttled

Since Ukraine reported a sudden Starlink speed cap on Tuesday night, Elon Musk has said any limits on the military-grade Starshield service are set by the US military and ultimately the president. Connectivity up to 160 km/h has been partly restored, but Kyiv wants the cap gone entirely, and the White House has not commented. Who ordered the limit is still unanswered.

Space Capital: 2026 Space Investment on Track to Top $100 Billion as SpaceX Goes Public and Launch Capacity Tightens

Venture and sovereign funds put $92.5 billion into commercial space startups in the first three quarters of 2026, and Space Capital projects the year will pass $100 billion for the first time. The firm ties much of the money to SpaceX's June IPO and to a launch bottleneck after SpaceX stopped booking rideshare slots beyond late 2028. SpaceX stock, which closed at $163.42 on Oct. 12, faces more insider share supply, starting with a lock-up window on Oct. 24.

Musk's Midterm-Cycle Giving Totals $366 Million, With Federal Filings Due Thursday

Elon Musk has now given roughly $366 million this election cycle, beyond the $276 million since July, and America PAC says about $90 million of the total went to past-election work and other causes. Third-quarter super PAC filings due Thursday, Oct. 15 will put the new giving on the public record three weeks before the Nov. 3 vote.

Musk Gave More Than $276 Million to Republican Groups Since July, Making Him the Biggest Known Midterm Donor

Since July, Elon Musk has put more than $276 million into Republican Senate and turnout efforts, including $158 million to the Senate Leadership Fund, according to figures confirmed by a spokesperson for his super PAC. Federal filings due Thursday will put the numbers on the official record, but Musk's team says more was given in undisclosed donations.

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