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Elon Musk defended his roughly $908 billion fortune after Bernie Sanders criticized the concentration of his wealth, arguing that most of it is company stock rather than cash. Key Points: Musk says his wealth is concentrated in Tesla and SpaceX shares, not a large cash reserve. Sanders says Musk own

Elon Musk endorsed a physics theory capping quantum computers near 400 qubits, and Bitcoin (BTC) traders read it as proof the 835 qubits needed to break the network are unreachable. Key Points: Musk endorsed a discrete-universe theory that caps usable qubits near 400, without mentioning Bitcoin. Bre

Elon Musk said SpaceX and Nvidia plan a 2027 Vera Rubin orbital launch, but both stocks fell, with Nvidia down 2.91% and SpaceX closing at $135. Key Points: SpaceX and Nvidia are targeting Q4 2027 for the first space-optimized Vera Rubin NVL72 launch, with broader scaling planned in 2028. Nvidia clo

SpaceX could generate up to $500 billion a year from artificial intelligence infrastructure after expanding AI compute capacity nearly sevenfold by the end of 2027, Elon Musk said. Key Points: Musk said SpaceX aims to increase AI compute capacity from 1.4 GW to 10 GW by the end of 2027. He estimated

Elon Musk backed Cloudflare's forecast that non-human internet traffic could reach 1,000 times human levels within five years, after machines overtook humans in May. Key Points: Musk said Cloudflare’s forecast is accurate and AI agent traffic will vastly exceed human internet use. Cloudflare CFO Tho