In Musk v Trump, the markets will win June 6, 2025 City AM columnist Rainer Zitelmann has been predicting a rift between Musk and Trump ever since the two started working together. Now that this has happened, the French daily newspaper L’Express has spoken to him again. The interview was conducted by Thomas Mahler. “I never believed that the alliance between Elon Musk and Donald Trump would last,” [...]
Trump and Musk: Explosive row engulfs Washington June 5, 2025 The relationship between US President Donald Trump and billionaire Elon Musk has descended into threats, abuse and accusations. A disagreement over the merits of Trump’s tax and spending legislation has turned into a dramatic feud, with Trump saying he was “surprised” at Musk’s criticism of his “big, beautiful” bill. “Elon and I had a great [...]
How capitalism will conquer space May 29, 2025 The world’s first trillionaire will be the head of a space-based business, predicts Rainer Zitelmann Space is the most undervalued industry in the world. It is particularly unappreciated in Europe, which has now fallen hopelessly behind the United States and China. The US carried out 153 launches last year, China 68 and Europe three. The [...]
Elon Musk retaliates against Tesla backlash May 21, 2025 Elon Musk has issued a stark warning to those behind violent attacks against Tesla, vowing criminal consequences for what he described as “evil” acts of politically motivated vandalism and threats. Speaking in a virtual interview at the Qatar economic forum on Tuesday, the Tesla and SpaceX chief executive said he had taken the recent wave [...]
Britain’s space launch programme could be thwarted by NATO May 19, 2025 Aspirations of UK space launch will soon collide with the new geopolitical realities of global security, writes Susan Walton.
Schiehallion: Value of Spacex stake in Baillie Gifford trust skyrockets March 26, 2025 Baillie Gifford’s Schiehallion trust marked up the value of its holdings in Elon Musk’s Spacex by 86 per cent last year, as the trust worked to close the gap between its share price and underlying assets. The valuation of Spacex, which makes up 9.4 per cent of Schiehallion’s portfolio, has increased by more than 600 [...]
Baillie Gifford slashes Tesla stake as investor calls on Musk to step down March 19, 2025 Baillie Gifford has slashed its stake in Tesla to a record low as a major shareholder has called on CEO Elon Musk to step down from the company. The Edinburgh-based investment manager first invested in Musk’s electric car company in 2013 and has been a strong backer of the billionaire’s firms ever since. However, a [...]
Elon Musk: Protesters outside London Tesla dealership call for boycott March 15, 2025 Protesters gathered outside a Tesla dealership in London have called for people to boycott the Elon Musk owned electric car maker. Organisers are encouraging Tesla owners to sell their cars and for people to dump stock. The electric car giant has already seen shares plunge since the start of the year as the firm comes [...]
Filtronic shares soar as defence firm pens fresh deal with Elon Musk’s SpaceX February 10, 2025 British defence and telecoms firm Filtronic has penned a further multi-million-pound deal with SpaceX, the aerospace behemoth owned by Elon Musk. The company won a contract with SpaceX, worth almost £17m for the financial years 2025 and 2026, according to the firm, which made the announcement to markets this morning. Filtronic, which designs and makes products [...]
Elon Musk wants to ban WFH for millions in the US government January 17, 2025 Elon Musk may terminate remote work for millions of federal employees, as he steps into his new role as head of the Department of Government Efficiency (D.O.G.E). The tech titan and outspoken Trump supporter outlined plans to announce a mandatory return to office policy to reduce the size of the US government workforce and cut [...]