Construction of the first phase of the Dubai Loop has officially moved into execution with the start of production of thousands of precast concrete tunnel segments that will form the underground transport system's lining, marking a major milestone for the high-profile project.
Elon Musk has become the world’s first trillionaire, a milestone that offers investors a glimpse into where the next generation of “extraordinary wealth creation is likely to emerge”, affirms Nigel Green, CEO of global financial advisory deVere Group.
SpaceX has acquired artificial intelligence startup xAI in a transaction that media reports said values the combined entity at around $1.2 trillion, creating one of the most ambitious technology platforms ever assembled. Financial details were not formally disclosed by the companies.
