The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.

The CEO of Tesla & SpaceX, he holds degrees in physics and economics. He briefly attended the University of Pretoria, before transferring to Queen’s University (Canada), and later to the University of Pennsylvania.

EXCLUSIVE. According to the Nobel Prize-winning economist, Europe needs to review its innovation policy, or it will disappear as a geopolitical player.

Banríon Capital Management Founder and CEO Shana Orczyk Sissel said the moderation in U.S. economic growth in the fourth quarter might prompt the Federal Reserve to initiate "more rate cuts in 2025 than I originally thought.

Story continues below this ad Musk made headlines last year as the first individual in history to surpass a net worth of $400 billion, driven primarily by SpaceX’s staggering valuation of $350 billion. Since December 1, Musk has experienced an astounding ...

SpaceX's gigantic Starship rocket has been "lost" just minutes into its seventh test flight. The 400ft rocket - the biggest and most powerful in the world - soared from Boca Chica, south Texas, on ...

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025.

President Donald Trump struck a deal for the replacement aircraft during his first term. Boeing is working with Trump advisor Elon Musk on ways to deliver delayed, overbudget Air Force One replacements sooner, CEO Kelly Ortberg said Tuesday.

Stage one landing like deploy. Stage one landing confirmed. And back shut down. SpaceX successfully sent 21 more Starlink satellites to low-Earth orbit with a launch from Central Florida's Space ...

SpaceX is preparing to launch a Falcon 9 rocket on Monday with Starlink internet-beaming satellites from Cape Canaveral, Florida. The four-hour launch window opens at 2:21 p.m. ET, according to ...

Jan. 27 (UPI) --SpaceX launched its next round of Starlink satellites into lower Earth orbit on Monday afternoon from the Cape Canaveral Space Force Station in Florida. It marked SpaceX's 12th ...