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Straits Times
2 days ago
- Business
- Straits Times
Elon Musk, the Rocket Man who fell to Earth
The writer says we are no longer in the realm of enterprising conquistadors but conflicted taxpayer-backed trade empires. PHOTO: REUTERS The popcorn emoji is out in force as the world's richest person feuds with its most powerful leader. Even Mr Thierry Breton, the European regulator who was a frequent target of Mr Elon Musk's ire, is at it. Still, as entertaining as the billionaire's spat with US President Donald Trump may be, it also carries costly lessons for a US$630 billion (S$811 billion) space economy dominated by Mr Musk's Space Exploration Technologies, or SpaceX – such is the danger of codependence between de facto monopolies and increasingly protectionist states. Join ST's Telegram channel and get the latest breaking news delivered to you.


Bloomberg
11-02-2025
- Business
- Bloomberg
Ken Griffin Says ‘Thank You' to Elon Musk, Attacks Trump Tariffs
By and Dasha Afanasieva Save Citadel founder Ken Griffin said he's grateful that Elon Musk is taking time away from his companies to slash government spending but offered blunt criticisms of President Donald Trump's rhetoric on tariffs. 'He will do what it takes to win,' Griffin, 56, said Tuesday at the UBS Financial Services Conference in Miami, referring to fellow billionaire Musk, who's chief executive officer of Tesla Inc. and Space Exploration Technologies.