Musk’s X Posts Higher Sales Amid Costly Turnaround

Elon Musk's social media platform, X, has been fined €120 million by the European Commission for breaching new digital laws, including deceptive practices related to verification badges. This fine has sparked a confrontation between Musk and European regulators, reflecting ongoing tensions in the tech industry regarding compliance with stringent regulations.

SpaceX is preparing to go public after years of resisting an initial public offering (IPO), potentially targeting 2026 for this significant move. The company is also planning to sell insider shares that could value it at up to $800 billion, reflecting a shift in strategy as it seeks to capitalize on strong investor interest and confidence in its future prospects.

South Africa's telecommunications minister has instructed the industry regulator to revise local ownership rules, potentially allowing Elon Musk's SpaceX and other satellite-internet providers to operate in the country without relinquishing ownership. This move is seen as a significant step towards enhancing internet access in South Africa.

Elon Musk's xAI has partnered with El Salvador's government to introduce the Grok chatbot in over 5,000 public schools, aiming to enhance educational resources for more than 1 million students. This initiative, announced by President Nayib Bukele, seeks to integrate AI into the curriculum despite Grok's controversial reputation for making inflammatory statements, including self-identifying as 'MechaHitler'.

El Salvador's President Nayib Bukele has announced a partnership with Elon Musk's AI company xAI to integrate artificial intelligence into over 5,000 public schools across the country. This initiative aims to enhance educational resources and improve learning outcomes for students in El Salvador.

Operation Bluebird has announced plans to revive the Twitter brand, which Elon Musk abandoned in 2023 when he rebranded the platform as X. This initiative aims to reclaim a well-known social media identity that has significant cultural and historical relevance.