2PointZero Group reports net profit of Dhs7.7 billion in H1 2026

2PointZero Group announced its financial results for the first half of 2026, reporting group net profit of Dhs7.7 billion, while revenue reached Dhs21.9 billion. Adjusted EBITDA reached Dhs5.0 billion...

A golden age of power and influence

Last month, Tesla and SpaceX founder Elon Musk added to his list of firsts when he became the world’s first trillionaire. Many people, from Wall Street to Main Street,...

SpaceX extends losses after $600b wipeout, tech stocks tumble again

Shares of Elon Musk’s SpaceX slipped further on Tuesday following a three-session ‌selloff that wiped out more than $600 billion from the company’s market value, with the highly valued...

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Elon Musk becomes world's first trillionaire as SpaceX shares jump

Shares in Elon Musk's SpaceX jumped as much as 30 per cent on their trading debut on Friday after the biggest IPO in history, making the polarising entrepreneur the...

SpaceX carries out mostly successful Starship test flight

SpaceX's Starship spacecraft splashed down into the Indian Ocean Friday after the company performed a mostly successful test flight of the latest version of its enormous rocket. The voyage...

Big risks and rewards in upcoming IPOs at SpaceX, OpenAI, Anthropic

Wall Street is licking its chops over an unprecedented slate of massive IPOs set to arrive in the coming months, beginning with Elon Musk's SpaceX in June. That is...

It’s up to SpaceX and Blue Origin to stick the moon landing

The Artemis II mission around the moon provided a conflicted nation with a much-needed wave of shared enthusiasm derived from achieving a lofty goal. The mission — a more...

No Starlink services at Myanmar scam centres

SpaceX has cut service to more than 2,500 Starlink internet devices at Myanmar scam centres, a company executive said Wednesday, after media revealed that their use had exploded in...

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