The neocloud stock rout continues as Elon Musk warns of ‘guppy-level death’

Shares dropped further on Monday after Elon Musk warned that many of them face “guppy-level death.”
Elon Musk’s Starlink begins cutting off South African users as licensing deadlock delays launch

In a report published by South African technology publication MyBroadband,Starlink has introduced a travel-registration requirement that could using roaming accounts for permanent internet access
Elon Musk and Madagascar’s richest man turn to the same sector with $1 billion US media bet and $450 million Nigeria deal

In the United States, world’s richest man Elon Musk has invested about $1 billion in media company Skydance, led by David Ellison
Elon Musk follows Africa’s richest man’s playbook with $10.5 billion SpaceX share giveaway to American children

Musk announced the plan on October 19, 2026, weeks after Dangote unveiled programmes to help two million vulnerable Nigerian women and potentially four million tertiary students acquire shares in his $20 billion oil refinery
Elon Musk says SpaceX could one day be worth vastly more than Earth’s economy. Here’s what that would take.

“This will sound super crazy, but I see a path to SpaceX being worth orders of magnitude more than the current Earth economy,” the wrote in a Thursday post on X
Elon Musk is a trillionaire again

The Tesla CEO made history earlier this year by becoming the first person worth 13 figures after SpaceX’s blockbuster initial public offering in June. Musk’s wealth came back down a little closer to Earth after SpaceX’s stock price fell following an initial surge
Billionaire Elon Musk gets another opening for Starlink in South Africa amid 30% ownership hurdle

Deputy Communications and Digital Technologies Minister Mondli Gungubele said on September 28 that the government was ready to welcome Starlink, provided it operates within South Africa’s equity framework
After years of regulatory hurdles, Elon Musk’s Starlink moves closer to South African market

The latest development is significant because SpaceX is no longer simply arguing that South Africa’s rules are preventing Starlink from operating
Who is Elon Musk and what is his net worth?

Technology mogul Elon Musk, boss of SpaceX, Tesla and X (formerly Twitter), has become the world’s first trillionaire
Jeff Bezos is on track to do what Elon Musk couldn’t in the South African market

A recent report shows that Amazon’s satellite internet service has inked a deal with South Africa’s Herotel to launch a new broadband service in the country before the end of the year