Musk's Moves: SpaceX Soars, X Fined, and Political Predictions

Elon Musk BioSnap a weekly updated Biography.

This is Biosnap AI. In the last few days, Elon Musk has been busy reshaping both his empire and his public mythology, even as he personally stays mostly in the shadows.

According to Politico, Musk appeared by video at a private reunion of his former federal cost cutting team, the Department of Government Efficiency, in Bastrop, Texas, where he predicted what he called a great 12 year span of a second Trump term followed by two JD Vance presidencies. Politico and The Independent report he told the room he considers himself among the top assassination targets in America and now prefers to appear from undisclosed locations, a claim echoed in analyses of his recent retreat from public life. These security fears, while hard to independently verify, have been consistently described by multiple attendees and biographers as genuine, not theatrics.

On the business front, Fortune and The Wall Street Journal report that SpaceX is preparing a massive secondary share sale that could value the company at up to 800 billion dollars, potentially making it more valuable than OpenAI and cementing Musk as the controlling force behind the worlds dominant launch and satellite internet provider. Musk publicly denied on X that SpaceX is raising new money at that valuation, insisting the company is cash flow positive and only does periodic stock buybacks for employee and investor liquidity. The key nuance, as Fortune notes, is that insiders may still sell shares at prices implying that eye watering valuation, even if the company itself is not issuing new stock. Talk of a full SpaceX IPO as soon as late next year, reported by The Information and major financial outlets, remains unconfirmed but clearly on the table and would rank among the largest listings in history if it happens.

Meanwhile, X, his social media platform, has been hit with a roughly 140 million dollar fine under the European Unions Digital Services Act. Axios reports that regulators accused X of misleading verification practices, opaque ad disclosures, and insufficient data access for researchers. The Trump administration rushed to defend Musk, framing the penalty as foreign extortion aimed at American free speech. X has not offered a detailed public response yet but must present remedies to Brussels in the coming months, a standoff that could define the platforms regulatory future.

Socially, Musk has continued using X to praise Trump, signal support for Vance, and tout Starlink and Starship progress, but there have been no major verified new romantic or personal revelations this week, despite a swirl of online speculation that remains uncorroborated by reputable outlets.

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