SpaceX has appointed prominent South African-born venture capitalist Roelof Botha to its board of directors.
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When the largest initial public offering in history hit the market, South Africans bought in fast.
People have “endless” things to do, Jeff Bezos has argued, and AI will only remove the barriers holding them back.
SpaceX roared past Amazon’s market valuation on Tuesday and briefly topped that of Microsoft.
Elon Musk’s SpaceX is buying the start-up behind the popular AI coding agent Cursor, Anysphere, for US$60-billion.
At $1-trillion, South African-born SpaceX founder Elon Musk’s fortune is so large the human mind can barely process it.
SpaceX’s record $75-billion IPO has pushed South African-born entrepreneur Elon Musk’s fortune past $1.1-trillion.
AI mania has lifted global markets to record highs, but fears are growing of a speculative bubble and looming power constraints.
Retail investors are dumping bitcoin to fund the SpaceX, Anthropic and OpenAI listings, leaving crypto in the doldrums.
OpenAI’s listing will join SpaceX and Anthropic in a trio of trillion-dollar debuts testing investor appetite.