Google co-founder Larry Page is the closest rival to Musk but his 296 billion dollar fortune falls far short of the new trillion-dollar mark.
Category: Business
Visa Announces Partnership with ChatGPT Allowing AI to Complete Purchases on Behalf of Users
Visa enabled ChatGPT to move beyond product recommendations and directly execute transactions through Visa’s payment network.
Morningstar Flags Concerns Over SpaceX Lofty Valuation Given Current Financials
Research firm Morningstar raised questions about SpaceX’s valuation citing the gap between the company’s current revenues and its market cap.
India Pushes for Inclusion in Bloomberg Global Aggregate Bond Index After Joining JPMorgan and FTSE Indexes
India is lobbying for entry into another major bond index after already securing inclusion in the JPMorgan Bloomberg EM and FTSE Russell benchmarks.
X Generated Only 1.8 Billion Dollars in Ad Revenue in 2025 Less Than Half of Twitter’s 2021 Peak
SpaceX’s IPO filing revealed X’s advertising revenue had declined to 1.8 billion dollars compared to 4.5 billion in 2021 under Twitter.
Indian Firms Accelerate Bond Issuances as RBI Measures Drive Down Borrowing Costs
Corporate India is rushing to issue bonds as RBI’s support for the rupee has lowered borrowing costs and boosted debt market demand.
SpaceX AI Segment xAI Posted 6.36 Billion Dollar Operating Loss in 2025 on 3.2 Billion in Revenue
The xAI segment which includes X recorded a widening operating loss in 2025 but also showed significant revenue growth of 22%.
Tata Sons Board Discusses N Chandrasekaran’s Tenure Renewal But Reaches No Decision
Tata Sons board held discussions about extending the tenure of CEO Chandrasekaran but deferred a formal decision.
CBSE Forced to Transfer Top Officials Over Discrepancies in Online Class 12 Evaluation System
Students reported major discrepancies in CBSE’s on-screen marking system prompting political pressure and the transfer of senior board officials.
India Ships 90 Percent of Its Oil and Faces Severe Exposure to Iran War Disruptions
Analysts highlighted India’s extreme vulnerability to the Iran war’s impact on oil supply as the country imports nearly all of its crude.