Tesla-SpaceX merger could fuel AI spending spree across Musk’s $3.5 trillion empire Tech Elon Musk’s proposed $3.5 trillion (£2.6 trillion) merger of Tesla and SpaceX could unlock a wave of AI investment, giving the billionaire greater access to cash and borrowing power as he races to expand his tech empire. Analysts said combining the two businesses could help Musk fund his increasingly expensive AI ambitions, bringing together Tesla’s [...]
SpaceX: To boldly go where no investor comms strategy has gone before Opinion The wait for the SpaceX IPO is finally over, but it’s what happens next that will be Musk’s greatest challenge yet, says Tim Focas For what seems like an eternity now, investors have been deliberating when exactly SpaceX will finally become a public company. With the wait soon to be over, attentions will quickly turn [...]
SpaceX helps Scottish Mortgage Investment Trust take off Tech Scottish Mortgage Investment Trust revealed the extent of the success of its early backing for Elon Musk’s SpaceX on Wednesday. The buy-and-hold investor’s stake in the rocket maker now amounts to about a fifth of the £16bn fund, as revealed in its results for the year to the end of March. Overall, SMT’s net asset value [...]
DP World Tour hits $300m sponsorship record after agreeing HCLTech deal April 29, 2026 DP World Tour sponsorship revenue is set to top $300m for the first time this year after the European professional golf circuit added HCLTech as a top-tier partner. The India-headquartered tech multinational has been named the tour’s official digital experience partner, with an initial focus on building a new website and app to improve fan [...]
DP World Tour events become first in sport to use Amazon Leo satellites April 20, 2026 Golf’s DP World Tour is to become the first live sport organiser to use Amazon Leo, the tech giant’s pioneering low-Earth orbit satellite broadband network. The European-based circuit will rely on Amazon Leo rather than miles of temporary fibre at tournaments to ensure more reliable high-speed internet connectivity essential for live scoring, broadcasting and commercial [...]
New satellite rules could prove catastrophic for UK business March 16, 2026 Satellite interference rules are being rewritten. The risks for defence and UK business interests could be catastrophic, writes Mark Allatt.
Elon Musk flirts with Ryanair acquisition and firing Michael O’Leary January 20, 2026 The space-faring entrepreneur Elon Musk is pondering whether to ground his aspirations a little closer to earth, with suggestions on social media that he could acquire Ryanair and eject Michael O’Leary as chief executive. In a post on X, the Tesla and Space X chief asked his followers in a poll whether he should buy [...]
‘He’s an idiot’: Musk and Ryanair boss trade insults in Starlink row January 17, 2026 A spat over in-flight Wi-Fi has spiralled into a verbal brawl between Elon Musk and Ryanair chief executive Michael O’Leary. The clash tumbled into the open after O’Leary dismissed Musk and his satellite internet business Starlink in a radio interview on Ireland’s Newstalk, calling him “an idiot”. The verbal row widened to O’Leary telling listeners [...]
Virgin Media O2 and Starlink race to fix London’s connectivity crisis October 30, 2025 Virgin Media O2 has switched on its first ‘giga site’ in central London, a move aimed at improving mobile connectivity across the UK. The site, which combines low-mid and high-band spectrum with Nokia’s technology, can deliver speeds of more than 10Gbps, enough to support 2,000 simultaneous HD video streams. The move is part of the [...]
Profit almost doubles at Elon Musk’s Starlink as sales surge June 24, 2025 Turnover at Starlink, Elon Musk’s satellite internet constellation, spiked in the UK as its profit almost doubled in 2024, it has been revealed. New accounts filed with Companies House show that Starlink’s turnover increased from £2.5m to £4.2m during its latest financial year. Starlink’s pre-tax profit also rose from £121,166 to £203,456. A statement signed [...]