Elon Musk Leaves Cubana Chiefpriest, 30BG Members & Others in the Shadows as He Becomes First Person to Hit $500 Billion Net Worth.

Tesla CEO Elon Musk has made history by becoming the first individual to achieve a net worth of half a trillion dollars, according to Forbes’ real-time billionaires index.

As of 4:15 p.m. ET on Wednesday, Musk’s fortune stood at $500.1 billion, fueled by a rebound in Tesla shares and soaring valuations of his other ventures, including SpaceX and artificial intelligence startup xAI.

Musk, who holds more than a 12% stake in Tesla, saw his wealth jump by over $6 billion on Wednesday alone after the electric carmaker’s stock closed 3.3% higher. The company’s shares have gained more than 14% so far this year, despite ongoing concerns over weak sales and profit margins.

Investor sentiment has improved in recent weeks as Musk renewed his focus on Tesla following months of political activity in Washington. He also boosted confidence by purchasing about $1 billion worth of Tesla shares in September, signaling his long-term commitment as the company pivots from being just an automaker to a leader in AI and robotics.

Tesla’s board has even proposed a $1 trillion compensation plan for Musk, tying ambitious financial and operational targets to his demand for a larger ownership stake.

Beyond Tesla, Musk’s other companies have significantly boosted his net worth. SpaceX was valued at about $400 billion in recent insider share sales, while xAI has been pegged at around $75 billion, with reports suggesting it could climb to $200 billion.

Trailing Musk on the Forbes rich list is Oracle co-founder Larry Ellison, whose net worth stands at $350.7 billion.

Ajaokuta Steel Company Will Not Work — Billionaire Dangote Declares, cites reasons.

The President and Chief Executive Officer of Dangote Refinery, Aliko Dangote, has dismissed the viability of the Ajaokuta Steel Company, insisting it cannot function.

Speaking with newsmen, Dangote stressed that no nation can thrive without a steel industry, but maintained that Ajaokuta cannot deliver on that role.

He said, “There is no nation that you can build without a steel industry and honestly within us here, Ajaokuta Steel Company will not work. We can keep deceiving ourselves and keep being passionate about it, but it’s not possible.”

Drawing comparisons, he added: “It’s like you now, if you remember those vehicles we used to produce for Volkswagen, Igala. If you bring Igala now, will you compare it with the current Kia? No. Things have changed.”

Dangote recounted his recent experience in Italy, saying: “I was waiting for my driver in Italy and we didn’t see him on Tuesday and my assistant called an Uber going to a restaurant. The guy was nice to us and gave us mint but I said no thank you. I said this vehicle is nice and he said no it’s Tesla electric and our electricity is very expensive here. I said what does it cost you? He said about €20 to fully charge to run 500km.”

According to him, the world has moved on and Nigeria must adapt: “Things have changed and all of us have to keep changing or you will become archaic, it’s like you going to the grave yards to try being a dead person or you go hospital to bring somebody from his dying bed to run 100 meters, it’s impossible.”

Dangote also took a swipe at Nigerians’ travel habits: “I love Nigerians because it’s only Nigerians who would rush to the airport without having a confirmed booking and he would make much noise.”

Larry Ellison Surpasses Elon Musk to Become World’s Richest Person after his fortune increased by over $100 billion in one day.

Oracle co-founder Larry Ellison has overtaken Elon Musk as the world’s richest individual after a sharp surge in Oracle’s share price lifted his fortune to $393bn, edging past Musk’s $384bn.

The 81-year-old billionaire, who holds a 41% stake in Oracle, saw his wealth soar on Wednesday when the software giant posted stronger-than-expected results. Oracle’s stock jumped over 40% in early trading to $340 per share, valuing the company at $958bn. Bloomberg’s Billionaires Index noted it was both the firm’s largest single-day rise & the biggest one-day wealth gain ever recorded.

Ellison & Musk now rank far ahead of Facebook’s Mark Zuckerberg & Amazon’s Jeff Bezos. Ellison’s wealth also comes from a stake in Tesla, ownership of the Hawaiian island of Lanai, a sailing team & the Indian Wells Open tennis tournament. He has long ties with Musk, whom he has often been described as mentoring.

He served on Tesla’s board from 2018 to 2022 and invested $1bn in Musk’s purchase of Twitter (now X). According to Walter Isaacson’s biography of Musk, when asked to invest, Ellison replied he would contribute a billion dollars or “whatever you recommend.” Musk is also a frequent guest on Ellison’s Hawaiian island.

A supporter of Donald Trump, Ellison has appeared with him at the White House, including for the launch of the $500bn Stargate AI project. Musk, who initially had close ties with Trump before a recent fallout, is also backing Trump’s 2024 campaign.

Oracle’s surge is driven by soaring demand for its cloud services from AI firms, including ChatGPT maker OpenAI, which require massive datacentres.

Musk, CEO of Tesla and founder of SpaceX, first claimed the top spot in 2021, briefly ceded it to Jeff Bezos and Bernard Arnault, and regained it last year. After just over 300 days, Ellison has now taken the crown.

Tech Billionaire Elon Musk absent as Trump Hosts Tech Leaders at White House Dinner.

U.S. President Donald Trump hosted top technology executives at the White House on Thursday night, in a high-profile dinner focused on boosting domestic investment and innovation. One notable absence was Tesla and SpaceX chief Elon Musk, once a close ally of Trump and former head of the Department of Government Efficiency (DOGE).

Their relationship soured earlier this year after Musk dismissed Trump’s “Big Beautiful Bill” as “idiotic,” warning it would worsen federal debt. The feud escalated when Musk accused Trump on X of concealing Jeffrey Epstein’s files.

Instead, the guest list featured Musk’s rivals and other industry leaders. OpenAI CEO Sam Altman, Microsoft’s Satya Nadella, Apple’s Tim Cook, Google’s Sundar Pichai, and Meta’s Mark Zuckerberg were among those seated around Trump at the long table.

“This is taking our country to a new level,” Trump declared, describing his guests as “high IQ people.” He pressed executives on their U.S. investments, with Zuckerberg claiming Meta spends $600 billion annually, Cook citing the same figure for Apple, Pichai noting $250 billion from Alphabet, and Nadella pledging $80 billion from Microsoft.

Other attendees included IBM CEO Arvind Krishna, Oracle’s Safra Catz, Google founder Sergey Brin, Microsoft co-founder Bill Gates, and OpenAI co-founder Greg Brockman. Trump also welcomed Blue Origin CEO David Limp, Micron CEO Sanjay Mehrotra, Palantir’s Shyam Sankar, Scale AI’s Alexandr Wang, and Code. org president Cameron Wilson.

Trump, who has long courted Silicon Valley while also sparring with its leaders, used the event to boast about America’s AI progress and frame tech investment as a cornerstone of his economic agenda.

News Brief: Altman vs. Musk Rivalry Escalates

The feud between OpenAI CEO Sam Altman and Tesla/X boss Elon Musk has intensified, spilling across multiple industries. Once co-founders of OpenAI in 2015, their relationship collapsed after Musk’s failed bid to control the company in 2018.

Since then, the rivalry has turned personal, with both men trading insults online and battling in court. Musk sued to block OpenAI’s shift to a for-profit entity, while Altman countersued, accusing Musk of trying to sabotage the company.

Now, Altman is openly challenging Musk’s businesses:

Neuralink: Altman co-founded Merge Labs, a brain-computer interface startup valued at $850M, set to rival Musk’s $9B Neuralink.

X (Twitter): OpenAI is reportedly developing an “X-like” social media platform, potentially threatening Musk’s platform with ChatGPT’s 700M weekly users compared to X’s 600M monthly users.

Tesla: With Tesla sales down 13.5% in Q2 2025, Musk is betting on robotaxis. But Altman announced a partnership with Applied Intuition to advance self-driving AI, claiming OpenAI tech could outperform Tesla’s.

SpaceX: Altman has invested in Longshot Space, which aims to launch satellites via a massive orbital gun, as well as Glydways, a robocar venture that could rival Tesla’s future robotaxi ambitions.

What began as shared concern about AI has become a bitter multi-front corporate war, with Altman taking aim at nearly all of Musk’s companies.

#TechFeud #AltmanVsMusk #SiliconValleyWars

Tesla 5G Smartphone Launched – 16GB RAM 512GB Storage and 100W Fast Charging
Tesla has officially entered the smartphone market with the launch of its much-awaited 5G device, the Tesla Pi Max. Known for innovation in the automotive and energy sectors, Tesla is now stepping into the premium smartphone space with powerful specifications, futuristic design, and cutting-edge features. The Pi Max is designed to compete directly with flagship models from Apple, Samsung, and OnePlus.

Tesla’s board is attempting to retain Musk as its chief executive, amid a fight for tech talent in the sector.

Tesla and SpaceX CEO Elon Musk announced on Wednesday night that his time as head of
DOGE is coming to an end and thanked @President Donald J Trump for the opportunity to cut wasteful spending. Musk was hired as a special government

Trump Suggests He May “Take a Look” at Deporting Elon Musk Amid Policy Criticism Former U.S.

President Donald Trump has hinted at the possibility of deporting Tesla and SpaceX CEO Elon Musk following Musk’s recent criticism of Trump’s sweeping tax and spending legislation, dubbed the One Big Beautiful Bill Act.

Speaking to reporters on Tuesday before visiting an immigration facility in Florida, Trump was asked if Musk—originally from South Africa but now a naturalized American citizen—could face deportation over his opposition to the bill.

“I don’t know,” Trump said. “We’ll have to take a look.” Trump also made a veiled thr+at involving the now-defunct Department of Government Efficiency (nicknamed DOGE), a quasi-agency Musk once led during the early months of Trump’s second term. “We might have to put Doge on Elon,” Trump said.

“You know what Doge is? Doge is the m+nster that might have to go back and eat Elon.” Musk served as an unpaid government adviser leading DOGE, initially tasked with reducing costs.

However, the agency soon became known for its aggressive dismantling of government programs—most notably, the abrupt shutdown of the U.S. Agency for International Development (USAID). Musk departed the role in May after his request to stay longer in that unpaid capacity was denied.

Since returning to the private sector, Musk has become an outspoken critic of Trump’s spending bill, which he says increases national debt and funds partisan policies without bipartisan input. He has used his platform on X (formerly Twitter) to att+ck the bill and signal support for primary challenges against lawmakers who back it.

Trump, in turn, accused Musk of opposing the bill out of self-interest, particularly over provisions that would end tax breaks for electric vehicles. “He’s upset that he’s losing his EV mandate,” Trump said. “But you know, he could lose a lot more than that.”

Musk has so far avoided directly addressing Trump’s thr+ats, but in a cryptic response on X, he wrote, “So tempting to escalate this. So, so tempting. But I will refrain for now.”

Breaking News!

Elon Musk Invites Young Nigerian Boy Who Built a Tesla Truck From Scratch!

In a jaw-dropping twist of events, Elon Musk has officially invited a young Nigerian genius who built a functioning Tesla-style truck using only waste materials!

Sources say Elon was shocked and deeply impressed by the creativity and determination it took to build such a machine with little to no help. The billionaire tech mogul has invited the boy for a private talk — and who knows? This might be the beginning of something massive!

Moral Lesson: Don’t stop grinding. Don’t stop dreaming. One day you’ll make it…

"WITHOUT ME, TRUMP WOULD HAVE LOST THE ELECTION"- ELON MUSK

According to vanguard newspaper, in a striking statement that further deepens the ongoing rift between two of America’s most high-profile figures, Elon Musk claimed on Thursday that former President Donald Trump would not have won the U.S. presidential election without his influence. The remark, made on Musk’s social media platform X (formerly Twitter), has reignited speculation about the nature and extent of the billionaire entrepreneur’s political involvement in recent years.



“Without me, Trump would have lost the election,” Musk wrote in a brief but pointed post. “Such ingratitude.” The Tesla and SpaceX CEO did not provide specifics about which election he was referring to, nor did he elaborate on the kind of support he believes he extended to the former president. Nonetheless, the post immediately drew widespread attention, generating reactions across the political spectrum and among Musk’s vast online following.

The statement follows a history of shifting dynamics between Musk and Trump. Although Musk was never officially part of Trump’s administration, he served on several advisory councils during the early part of Trump’s presidency before stepping down in protest of the U.S. withdrawal from the Paris Climate Accord. In recent years, Musk has occasionally expressed views that align with conservative or libertarian positions, particularly around free speech and regulation, especially after acquiring X in 2022 and rebranding the platform to emphasize open dialogue.

However, the relationship between the two has been anything but consistent. While Trump has praised Musk’s business acumen in the past, he has also criticized him publicly. Musk, on his part, has oscillated between mild support and stark criticism of Trump, especially in the context of U.S. politics and election integrity. Thursday’s post is the most direct assertion yet by Musk that he played a decisive role in Trump’s political fortunes — a claim that could raise eyebrows among political analysts and historians alike.

Political commentators have been quick to dissect Musk’s claim, with some suggesting it might refer to indirect influence, such as shaping public opinion on social media or encouraging voter turnout among specific demographics. Musk's platform, X, has played a major role in political discourse in recent years, with its algorithm and policies influencing the visibility and reach of political messages. Some observers argue that changes Musk implemented after acquiring the platform may have benefited conservative voices, but concrete evidence linking those changes to electoral outcomes remains a matter of debate.


The former president has yet to respond to Musk’s comment as of Thursday evening. However, the latest statement from Musk adds a new chapter to their complex rapport and could impact Trump’s efforts to consolidate support ahead of upcoming elections. If Musk continues to assert political influence, it may also shape future interactions between major tech leaders and political figures, particularly at a time when the role of digital platforms in democracy is under intense scrutiny.

As the fallout from Musk’s remark unfolds, many will be watching to see whether it leads to a broader discussion about the intersection of wealth, technology, and political power. While some view Musk as a champion of innovation and free speech, others remain wary of the growing influence tech billionaires exert over democratic institutions. Whatever the case, his claim on Thursday is a reminder of how personal dynamics and public platforms can intertwine to create moments of political drama that capture the nation’s attention.

Tesla has just suffered its worst-ever one-day loss, shedding $153 billion in market value—as the once-tight alliance between Donald Trump and Elon Musk turns into a very public power struggle.

Shares of the electric vehicle giant plunged more than 14% on Thursday after President Trump hinted at cancelling federal contracts with Musk’s companies. “The easiest way to save money... is to terminate Elon’s Governmental Subsidies and Contracts,” he wrote on Truth Social.

Musk thereafter, took to X to post: “In light of the President’s statement about cancellation of my government contracts, SpaceX will begin decommissioning its Dragon spacecraft immediately.” SpaceX's Dragon spacecraft is the company's primary vehicle for sending astronauts and cargo to orbit.

The fallout didn’t stop there. Musk, who once championed Trump’s re-election, also fired back online, claiming: “Without me, Trump would have lost the election… Such ingratitude.”

With Tesla stock now down 25% since January and the two billionaires trading insults, the clash could reshape not just US business politics—but also the future of electric vehicles.

Trump vs Musk just got very personal. Do you think this feud could hurt Tesla long term or is this just billionaire drama?

Goodbye to Tesla’s dominance – China launches its own version of the Cybertruck with the new GAC Pickup 01 and promises to fight for market share globally

Musk Confirms Departure from U.S. Government Role
Elon Musk has confirmed his departure from a special U.S. government role focused on cutting federal spending, marking a sharp turn in his collaboration with President Donald Trump following disagreements over a key spending bill.

In a statement posted Wednesday on his platform X, Musk said, “As my scheduled time as a Special Government Employee comes to an end, I would like to thank President Donald Trump for the opportunity to reduce wasteful spending.” He added, “The DOGE mission will only strengthen over time as it becomes a way of life throughout the government.”

DOGE — the Department of Government Efficiency — was Musk’s brainchild, created to streamline government operations and reduce payrolls. While the initiative led to the dismissal of tens of thousands of federal employees, Musk conceded earlier that it fell short of its broader goals.

His departure comes on the heels of public criticism of Trump’s flagship “One Big, Beautiful Bill Act,” which Musk said undermines DOGE’s work and adds to the national deficit. “A bill can be big, or it can be beautiful. But I don’t know if it can be both,” Musk told CBS News in a preview of a full interview set to air Sunday.

The legislation — a sweeping tax and spending package — recently passed the House and is the centerpiece of Trump’s domestic agenda. Critics warn it could slash healthcare funding and raise the national deficit by as much as $4 trillion over a decade.

White House officials have downplayed the rift, with Deputy Chief of Staff Stephen Miller clarifying on X that DOGE-related cuts must be implemented through separate legislation due to Senate rules. “The Big Beautiful Bill is NOT an annual budget bill,” he said.

Despite this, Musk’s criticism represents a rare public break from a president he strongly supported, including a reported $250 million donation to Trump’s 2024 re-election campaign.

In interviews with The Washington Post and CBS News, Musk expressed frustration with entrenched bureaucracy and said DOGE had become a scapegoat for broader dissatisfaction with the administration. “DOGE is just becoming the whipping boy for everything,” he said from the SpaceX Starbase in Texas. “Something bad would happen anywhere, and we would get blamed for it even if we had nothing to do with it.”

He also acknowledged that his lack of experience in Washington hindered the project. “The federal bureaucracy situation is much worse than I realized,” he admitted. “It’s an uphill battle trying to improve things in DC.”

Musk’s tenure in government took a toll on his private ventures. Tesla faced backlash, including targeted protests and arson attacks on vehicles. “People were burning Teslas. Why would you do that? That’s really uncool,” he told The Post. Meanwhile, SpaceX faced its own struggles, with its latest Starship prototype exploding over the Indian Ocean just this week.

With his departure, Musk plans to refocus on his companies and step back from political spending. “I’ve done my part,” he said, signaling a return to the private sector after a turbulent experiment in public service.