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Elon Musk

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Elon Musk
Latest news on billionaire Elon Musk, owner of X (formerly Twitter) and the founder of SpaceX, Tesla and The Boring Company.
Born
28 Jun 1971
Industry
Business, Technology
Job Title
Businessman
The site of an overnight Russian strike on the Ukrainian village of Pukhivka near Kyiv on Saturday. Photo: Handout via EPA
Ukraine war

Russian attacks kill 4 in Ukraine, including 3-year-old boy

The child and his grandparents were among the dead after the latest attacks. Kyiv says around 9,000 drones and missiles were fired in July.

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Banking & finance

From Hong Kong’s bond futures to SpaceX: the numbers moving markets

Ukraine war

Why Russia’s ballistic missiles are breaking through in Ukraine

SCMP Highlights

BYD’s first humanoid robots; world’s biggest buyer of Chinese cars: 7 EV reads

From a Chinese vessel logging a record shipment to BYD’s humanoid robots debut, here are seven EV stories you may have missed.

Stella Li, BYD’s executive vice-president, at a press conference before the start of the International Motor Show (IAA Mobility) in Munich on September 8, 2025. In June, Li said the company had invested in humanoid robots. Photo: DPA
Hong Kong stock market

How SpaceX earnings, expiries could test Hong Kong, mainland China stocks

Elon Musk’s aerospace unit faces scrutiny as results and a share unlock loom, testing investor appetite for capital-intensive tech.

Electric & new energy vehicles

Why Elon Musk would find it hard to decouple Tesla from China

While the EV maker’s CEO has denied talk of a Tesla-China separation, the reports underscore mounting pressures amid broader US-China tensions.

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Electric & new energy vehicles

BYD to debut first humanoid robots in August as rivalry with Tesla intensifies

China’s electric car giant plans to unveil the humanoids at its Di Space showrooms within weeks, as it takes on Elon Musk’s firm in physical AI.

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Stella Li, BYD's executive vice-president, at a press conference before the start of the International Motor Show (IAA Mobility) in Munich on September 8, 2025. In June, Li said the company had invested in humanoid robots. Photo: DPA
Trending in China

‘Shy’ Chinese Elon Musk lookalike chef draws crowds, prefers work over fame

Several individuals have approached Ma with business opportunities, but he chooses to prioritise his restaurant over live-streaming.

X (formerly Twitter)

Musk’s X launches invite-only ‘X Money’ payment service

Feature enables peer-to-peer transfers, bill pay, and wire transfers directly in app for paying subscribers.

China stock market

As Musk loses US$130b, Chinese chip and AI founders’ fortunes rise

Surging stocks of CXMT, Zhipu and MiniMax create billions in wealth as world’s first trillionaire loses status amid SpaceX’s plunge.

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Elon Musk, CEO of Tesla, SpaceX, X, and xAI, became a trillionaire after SpaceX’s record US$75 billion initial public offering in June. Photo: DPA
Science

China targets new space-based computing network to process data born in orbit

SpaceX views orbital computing as a solution to Earth’s constraints, but China hopes to process data at the source to optimise efficiency.

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The Xingshu or “Star Hub” network will eventually be made up of around 1,000 satellites. Photo: Getty Images
China-EU relations

Beijing vows to protect Chinese firms after EU hits Alibaba unit with fine

Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits.

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Artificial intelligence

China’s Kimi K3 calls US safety curbs on top AI models into question

New model from Moonshot AI is ‘extremely close’ to OpenAI’s flagship after ‘very big jump’ in capabilities, researcher says.

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Taiwan

Taiwan opens door to Starlink. Now it must wait to see if Musk is ready to enter

Changes to the telecoms law remove barriers to foreign satellite internet firms and could help protect communication networks during a war.

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Starlink has said Taiwan is not a high priority. Photo: Handout
India

SpaceX took 4 attempts. India’s space start-up needed just 1

Skyroot’s Vikram-1 rocket lifted off on Saturday, carrying customer payloads and in-orbit experiments on its maiden orbital mission.

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India’s Skyroot Aerospace orbital rocket Vikram-1 blasts off from the Satish Dhawan Space Centre in Andhra Pradesh’s Sriharikota on Saturday. Photo: AFP
HKEX

Exclusive | HKEX eyes confidential filings, lower market cap threshold for start-ups

HKEX is moving towards closed listings to compete with other exchanges that allow for confidentiality.

Alibaba

Alibaba vows to appeal US$629m EU fine for breaches of Digital Services Act

The e-commerce firm described the fine as ‘disproportionate’ and said it did not reflect ‘significant, proactive enhancements’ it undertook.

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European Union

EU fines AliExpress US$630 million over illegal products

It is the largest fine ever imposed under the EU’s powerful Digital Services Act, part of the bloc’s legal armoury to police big tech.

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AliExpress is the biggest Chinese e-commerce platform in the EU with 193 million users. Photo: Shutterstock
China consumption

How Musk son’s viral bag highlights rise of China’s thriving heritage e-commerce

China’s intangible heritage crafts have evolved from handmade nostalgia into a surging online industry driven by young artisans and buyers.

Artificial intelligence

BrainCo claims mind-to-robot link at China’s World AI Conference

Hangzhou-based firm says users can control robots using only their thoughts via EEG headsets, marking a leap in embodied AI tech.

Electric & new energy vehicles

Race against Tesla: China’s Xpeng eyes 2027 global launch for viral Iron robot

CEO He Xiaopeng projects the firm will sell 1 million robots by 2030 after ramping up mass production.

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People stand near an Xpeng Iron humanoid robot displayed at the electric vehicle maker’s booth during the China International Supply Chain Expo in Beijing on June 22. Photo: Reuters
Artificial intelligence

Brain-chip milestone: China completes world’s first commercial implant

Coin-sized implant marks a breakthrough in neurotechnology, underscoring China’s bid to lead the global race against Elon Musk’s Neuralink.

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Chinese surgeons have implanted a coin-sized brain chip in a patient in the world’s first commercial surgery using an invasive brain-computer interface device. Photo: Shutterstock
Britain

UK to change law in bid to deport grooming gang ringleader

Home secretary proposes emergency amendment to strip 1971 legal protections from ‘the vilest foreign criminals’.

US-China trade war

Why ‘reverse tech transfer’ from China won’t happen in the US auto industry

Experts say political resistance blocks technology transfer that could help US carmakers compete with Chinese rivals.

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China shipbuilding

China’s historic sea-based rocket recovery puts spotlight on local shipbuilder

Unlike conventional vessels, the platform must maintain exceptional stability and positioning accuracy in rough seas.

This drone photo taken last Friday shows the successful capture of the returned first stage of a Long March-10B carrier rocket on a seaborne platform. Photo: Xinhua
Science

China’s reusable rocket feat lights up the web: is SpaceX set to lose its crown?

The space race just became a real race again, says one online commentator, after net-and-cable recovery of rocket booster sparks awe.

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A drone photo shows the capturing of the returned first stage of the Long March-10B carrier rocket on a seaborne platform via a net-capture system, near Wenchang in southern China’s Hainan province on July 10. Photo: Xinhua via AP
China economy

Opinion | A healthy economy isn’t built on asset bubbles and debt pyramids

A financial system designed to increase market valuations rather than improve people’s quality of life is prone to crisis.

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Ukraine war

Russia deploys powerful jammers to disrupt Starlink in war against Ukraine’s drones

Kyiv’s ‘mid-strike’ drone campaign causes Russia problems – but the Russians are developing ways to counter the strikes.

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