Elon Musk said he borrowed the name from a 1960s science fiction novel, but another AI startup applied to trademark it before xAI launched its chatbot.

ByteDance co-founder Zhang Yiming has seen a surge of about $14 billion to his fortune since the beginning of 2025.

Elon Musk's charity, the Musk Foundation, has failed to meet IRS mandates to stay as a non-profit for the third consecutive year.

Billionaire backers of President Donald Trump are watching their fortunes tumble as tariffs take a toll on Big Tech.

My companies are suffering because I’m in the government. Do you think it helps sales if, you know, dealerships are being fire bombed? Of course, not.”

Elon Musk saw a significant drop in his net worth over the last two days as the White House's "reciprocal" tariffs were revealed. The stock market reacted dramatically as the Dow Jones Industrial Average dropped over 2,200 points on April 4 and the S&P 500 declined almost six percent, the biggest dip since June 2020 during the pandemic.

The conservative influencer, 26, claimed she welcomed a child with the tech founder, 53, last year and has since filed for sole custody of the 6-month-old.

What’s going on here? With the sale of X to xAI, Musk is exchanging the investor base of the social network with that of his AI company.

Elon Musk made a shock announcement Friday that his artificial intelligence venture xAI has acquired his X social media platform in an all-stock transaction for $45 billion – a billion more than the mogul paid for the site in 2022.

Zhang, who co-founded ByteDance—the parent company of popular video-sharing app TikTok and news aggregator Toutiao—has become China's richest individual and the third-richest person in Asia, trailing only Indian billionaires Mukesh Ambani and Gautam Adani,

Billionaires are feeling the burn amid the fallout from Trump’s tariff announcement—with the stock market crash resulting in names like Warren Buffett, Larry Ellison, and Mark Zuckerberg all losing billions in wealth in just hours.