Elon Musk, the world’s richest person and CEO of Tesla, SpaceX and xAI, remains at the center of global headlines in early March 2026, with fresh developments in his sprawling empire fueling speculation about a massive SpaceX initial public offering, aggressive debt management and ambitious plans for space-based artificial intelligence.

As of March 7, 2026, Musk’s net worth hovers near $850 billion, per Forbes estimates, driven largely by stakes in Tesla and the newly merged SpaceX-xAI entity. Recent activity on X — where Musk posted actively Friday, March 6 — included endorsements of Starlink’s global reach, agreement with critiques of AI models like Claude, praise for Grok’s real-time capabilities and commentary on political and cultural topics. One notable reply affirmed “Truth about @DOGE,” defending the Department of Government Efficiency’s actions at NASA amid ongoing scrutiny.

The most prominent story revolves around SpaceX’s potential IPO. Reports from Bloomberg and others indicate the company is preparing confidential filings with the SEC as early as March, eyeing a mid-2026 public listing with a valuation potentially exceeding $1.75 trillion. If achieved, it would shatter records set by Saudi Aramco in 2019 and position SpaceX among the world’s most valuable companies. Starlink, generating the bulk of revenue through satellite internet, remains the growth engine, while the February merger with xAI — valued at $1.25 trillion combined — aims to enable orbital AI data centers powered by limitless solar energy.

Musk has described space-based AI as “obviously the only way to scale,” estimating that within 2-3 years, orbital compute could become the lowest-cost option. The merger integrates Grok AI, Starlink connectivity and rocket capabilities under one roof, with plans to repay approximately $17.5 billion in tied debt fully, per Bloomberg sources. This financial cleanup bolsters balance sheets ahead of any public debut.

Tesla updates also command attention. Musk urged investors to “hold on” to shares, describing the company’s 5-10 year outlook as “extremely bright” in a recent interview clip shared on X. He highlighted autonomy advancements, with robotaxi services expected to expand “very, very widespread” in the U.S. by year-end, and regulatory progress in markets like the Netherlands potentially by March 20. Tesla warned of semiconductor supply disruptions critical for robots, vehicles and AI data centers, prompting preparations for potential shortages.

Cybertruck pricing adjustments surfaced in early March, with the dual-motor long-range model rising $10,000 to $69,990 after a brief promotional period. Production shifts continue, with lines at Fremont repurposed for Optimus humanoid robots following the phase-out of Model S and Model X.

Neuralink advances include plans for high-volume production of brain-computer interface devices in 2026, transitioning to nearly automated surgical implantation. Musk envisions scaling to restore functions like vision and speech, with ongoing human trials.

xAI’s momentum ties into broader AI efforts, with Musk predicting Tesla could be among the first to achieve AGI. The merged entity’s debt repayment and orbital data center vision underscore a push for exponential compute growth beyond Earth’s constraints.

Musk’s political footprint persists. He avoided a deposition related to his DOGE tenure and USAID dismantling after a court ruling, while backing Republican candidates — including a $10 million Super PAC donation in Kentucky’s Senate primary that yielded mixed results.

Public discourse on X Friday included Musk agreeing with claims of bias in Anthropic’s Claude, calling it “racist,” and sharing videos on various topics. His feed reflected typical eclectic style: tech endorsements, cultural commentary and Starlink promotion.

As March unfolds, Musk’s influence spans transportation, space, AI and policy. With SpaceX IPO speculation peaking, debt strategies solidifying and AI ambitions orbiting Earth, the entrepreneur continues shaping industries and markets. Investors and observers watch closely for filings, launches and announcements that could redefine his legacy in 2026.

Microsoft co-founder Bill Gates finds himself at the intersection of philanthropy, energy innovation and renewed scrutiny in early March 2026, as a House committee seeks his testimony on ties to Jeffrey Epstein and federal regulators approve construction for his TerraPower nuclear reactor in Wyoming.

The House Oversight and Government Reform Committee, led by Chairman James Comer (R-Ky.), sent a letter March 3 requesting Gates appear for a transcribed interview on May 19 regarding the federal investigation into Epstein and Ghislaine Maxwell, Epstein’s death and sex-trafficking networks. The panel cited public reporting, Justice Department documents and committee-obtained materials suggesting Gates has relevant information.

Gates’ spokesperson indicated he plans to cooperate. “Gates welcomes the opportunity to appear before the Committee,” the statement said. Gates has repeatedly denied involvement in Epstein’s crimes, expressing regret over their association in past interviews and a foundation town hall.

The request names Gates alongside six others — including Goldman Sachs’ Kathryn Ruemmler, Apollo’s Leon Black and others — for interviews between April and June. The probe examines alleged mismanagement in Epstein-related investigations and broader trafficking issues. Gates’ name surfaced in Epstein correspondence released by the DOJ in recent years, though no criminal allegations have been made against him.

Amid this, Gates’ energy ventures advanced significantly. On March 4, the U.S. Nuclear Regulatory Commission issued its first commercial reactor construction permit in nearly a decade to TerraPower, the company Gates founded and primarily funds. The sodium-cooled Natrium reactor in Kemmerer, Wyoming, targets 345 megawatts and aims for operation in the early 2030s, with construction starting soon and an operating license application planned for late 2027 or early 2028.

TerraPower touts the plant — estimated at up to $4 billion — as a breakthrough using high-assay low-enriched uranium fuel for safer, more efficient power. Gates has positioned nuclear as essential for AI data centers’ massive energy needs and climate goals. “This will revolutionize how power is generated,” he has said, emphasizing next-generation designs to support clean, reliable baseload energy.

The approval marks progress in Gates’ Breakthrough Energy efforts, launched a decade ago to scale clean tech. In his January 2026 annual letter “Optimism with Footnotes,” Gates warned global progress risks stalling without sustained innovation and aid, urging investments despite setbacks like foreign aid cuts.

The Gates Foundation’s 2026 agenda accelerates toward a 2045 closure, committing $200 billion total over the next 20 years — including a record $9 billion payout this year — to eradicate diseases like polio, malaria and tuberculosis while advancing AI in health and climate adaptation. CEO Mark Suzman highlighted three goals: saving lives, reducing inequities and building resilient systems.

Gates expressed cautious optimism in the letter, noting reversals in global health but predicting a “new era of unprecedented progress” within a decade if innovation pipelines hold. He stressed AI’s role in education, agriculture and healthcare, including partnerships like Horizon 1000 with OpenAI for African clinics.

Philanthropically, Gates continues divesting personal wealth to the foundation, focusing on high-impact areas. His portfolio through the foundation trust includes major stakes in Waste Management, Berkshire Hathaway and others, though specific March updates remain limited.

The dual headlines — congressional summons and nuclear milestone — underscore Gates’ enduring influence and controversies. At 70, he balances climate advocacy, health philanthropy and public accountability.

As TerraPower breaks ground and the Oversight probe unfolds, Gates’ actions in 2026 could shape energy transitions and public trust in billionaire philanthropists.

Treasury Secretary Scott Bessent said Iranians are fighting on two fronts while warning when the nation will endure its next intense military operation from U.S. forces on “Kudlow” Friday.

“Tonight will be our biggest bombing campaign, and we’ll do the most damage to the Iranian missile launchers, the factories that build the missiles, and we are substantially degrading them,” Bessent told FOX Business host Larry Kudlow Friday.

After failing on the military front after what Bessent described as the United States’ “overwhelming” strike campaign, Iran has been forced to play another card, the economy.

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Smoke rises over the city center after the Israeli army launched a second wave of airstrikes on Iran Feb. 28, 2026. (Fatemeh Bahrami/Anadolu via Getty Images / Getty Images)

“Having not been able to succeed there [militarily], they’re trying to create economic chaos, and I don’t think they’re going to be able to do it,” he added.

This comes as the Trump administration bolsters insurance for U.S. vessels traveling through the Strait of Hormuz, a vital oil transit choke point primarily controlled by Iran.

About 20% of the world’s crude oil and natural gas passes through the critical waterway, and Bessent said its closure could roil energy markets.

“When the conflict began, [insurers] dropped all the insurance for any vessels going in and out of the Strait of Hormuz or generally around the Gulf,” Bessent explained.

In an effort to restore confidence in maritime trade during the conflict in Iran, the International Development Finance Corporation (DFC) announced Wednesday it will provide up to $20 billion in insurance to vessels traveling through the strait.

A navy vessel sails in the Strait of Hormuz, a vital waterway through which much of the world’s oil and gas passes, March 1, 2026.  (Sahar Al Attar/AFP via Getty Images / Getty Images)

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“What this program will do is give shippers insurance, whether they are hauling oil, products, fertilizer,” Bessent shared.

Iran asserts that the Strait of Hormuz is open but says it will not allow ships through that are linked to Israeli or U.S. interests, the Treasury secretary explained.

Bessent went on to discuss whether U.S. vessels will need protection when crossing through the Iranian-controlled waterway as tensions intensify between the nations.

Oil tanker at a port in the Strait of Hormuz (Giuseppe Cacace/AFP via Getty Images / Getty Images)

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“There is the willingness to go through the strait if we also provide a naval escort if needed,” he told FOX Business.

Bessent noted that Iranian and Chinese vessels have been seen successfully passing through during the conflict and vowed to solve the issue.

“We will await to hear from CENTCOM in terms of when they think safe passage is possible,” he said. “I don’t know whether it’s a week or two weeks, but we are on track to get this solved.”

Meta CEO Mark Zuckerberg acknowledged in a taped deposition played during a high-stakes child safety trial that criminal activity, including harms to children, is an unavoidable reality on platforms serving billions of users like Facebook and Instagram.

The comments, revealed March 4-5, 2026, in a New Mexico courtroom, came as prosecutors played excerpts from Zuckerberg’s pretrial deposition to support allegations that Meta violated state consumer protection laws by failing to adequately disclose or mitigate risks of child sexual exploitation and mental health damage on its services.

“I just think if you’re serving billions of people, the unfortunate reality is that some very small percent of them are going to be criminals, and we should work as hard as we can to stop that activity from happening,” Zuckerberg said in the deposition. “I don’t think that the standard for our platforms would be that you should assume that it will ever be perfect.”

The statement drew sharp reactions from critics and child safety advocates, who argue Meta prioritizes engagement and profits over robust protections. Zuckerberg’s words were part of broader testimony addressing Meta’s efforts — or perceived shortcomings — in combating predatory behavior, underage access and harmful content.

The ongoing bellwether trial, brought by New Mexico Attorney General Raúl Torrez, accuses Meta of knowingly allowing dangerous conditions to persist on Facebook, Instagram and related apps. Prosecutors presented internal documents and executive statements claiming the company downplayed known risks to maintain user growth and advertising revenue.

Instagram head Adam Mosseri echoed similar sentiments in his own deposition, played alongside Zuckerberg’s, noting the inevitability of some bad actors in vast online communities. Both emphasized Meta’s investments in safety tools, including AI detection, content moderation teams and billions spent annually on enforcement.

Zuckerberg defended the company’s approach, highlighting thousands of employees dedicated to trust and safety, proactive removals of violating content and partnerships with law enforcement. He stressed the challenge of balancing privacy features like end-to-end encryption — which limits direct message scanning — with safety needs. “Our job is to build products that balance these things in appropriate ways,” he said. “Safety is obviously extremely important. People also care a lot about privacy and security, too.”

The trial builds on years of scrutiny over Meta’s handling of youth safety. It follows Zuckerberg’s February 2026 testimony in a separate Los Angeles addiction lawsuit, where he faced questions on algorithmic design and underage verification. In that case, he admitted improvements in detecting children under 13 but wished the company had acted sooner.

New Mexico’s suit focuses on consumer protection violations, alleging Meta misrepresented platform safety to users and parents. Prosecutors pointed to cases of sexual exploitation facilitated through the apps, including grooming and sextortion schemes targeting minors. They argue Meta’s scale amplifies these issues, with harms like depression, anxiety and suicide linked to exposure.

Meta counters that it discloses risks, removes harmful content aggressively and cannot eliminate every violation in open platforms. Company lawyers note adversarial actors constantly evade systems, but Meta continually upgrades defenses.

The case has spotlighted broader industry challenges. Social media giants face mounting lawsuits and regulatory pressure over youth mental health and exploitation. Section 230 protections shield platforms from liability for user content, but states like New Mexico seek to hold companies accountable for design choices and disclosures.

Public reaction to Zuckerberg’s remarks has been swift and critical. Advocacy groups called the statement an admission of defeat on child protection, urging stronger federal legislation. On social media, users debated whether billions of users inherently doom platforms to host crime or if better tools could minimize it further.

Zuckerberg has long maintained that perfection is unattainable but progress is ongoing. In past congressional hearings, he apologized to families affected by platform harms and pledged reforms.

As the New Mexico trial continues, depositions from other executives like former policy head Nick Clegg reinforced that harmful content damages business interests — bad for ads and brand trust. Clegg noted advertisers avoid proximity to toxic material.

The outcome could influence hundreds of similar suits nationwide, potentially reshaping how platforms approach safety, moderation and transparency. For Meta, the case tests the limits of scale: serving billions inevitably includes risks, but critics say Zuckerberg’s words underscore insufficient urgency in addressing them.

With testimony ongoing and more internal records expected, the trial highlights enduring tensions between innovation, privacy, safety and corporate responsibility in the social media era.