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Elon Musk has become the wealthiest individual in history, with a net worth of $334.3 billion, driven by a 40% surge in Tesla's stock following the US presidential election. His fortune is largely attributed to a 13% stake in Tesla, valued at $145 billion, and a pending 9% equity award. Musk's close ties with President-elect Trump and his role in the newly established Department of Government Efficiency are expected to enhance investor confidence and benefit Tesla's Full Self-Driving program.
The EVTOL industry faces significant challenges, with many companies, including Lilium and Kitty Hawk, declaring insolvency or ceasing operations due to a lack of commercial viability and funding. Despite initial hype and investment, the sector is plagued by failures, leaving only a few firms, like eHang, with minimal success. As major players like Rolls-Royce exit the market, the future of urban air mobility appears increasingly bleak.
Magnus Drewelies, founder of CEEZER, highlights a significant shift in carbon markets towards long-term removal investments and balanced portfolios, with a 30% year-on-year increase in removal share. Despite challenges in financing and transparency, advancements in quality standards and collaborative efforts among market players aim to build trust and confidence in carbon credits. CEEZER's platform facilitates enterprises in managing negative emissions through a comprehensive supply overview and harmonized quality data.
The potential for increased tariffs under a Trump administration raises concerns for startup founders, particularly those in consumer tech and microchip industries, who may pass additional costs onto consumers. While deregulation excites software and cloud-based sectors, the working class faces job disruptions from AI advancements, with many fearing a widening divide between the wealthy and those in physical labor roles. As the venture capital market stabilizes post-pandemic, healthcare startups like LunaJoy remain optimistic about fundraising despite uncertainties surrounding new health policies.
A potential clash between JD Vance and Elon Musk is anticipated, with significant implications for the stock market and the future of American technology. Vance opposes big tech and advocates for decentralization, while Musk supports a technopolitical merger with government, reflecting a broader ideological battle in the post-Trump era. The outcome could reshape the dominance of tech giants and influence equity markets, particularly the Nasdaq.
United States Dollar UBS Group AG Credit Suisse Group Jean Tirole Lamara Von Albertini Christina Boeck Sean Hagerty Brad Slingerlend Philipp Weckherlin Nicolas Moussette Nuno Fernandes Ebrahim Attarzadeh Daniel Goleman Yves Mirabaud Miro Zivkovic Kinan Khadam Urs Schoettli Christian Gast Jean Keller Andreas Vetsch Marco Martinelli Gianluca Gerosa Matthias Hunn Serge Tabachnik Carina Schaurte Roman Balzan Thorsten Polleit Andreas Britt Denise Kenyon-Rouvinez Ingo Rauser Patrick Stauber Rudi Bogni Brigitte Strebel Dieter Ruloff Ursula Finsterwald Nick Platjouw Bertrand Binggeli Nicolas Ramelet Tom King Chris Rowe Olivier Kessler Brice Prunas Claudia Kraaz Werner Vogt Roman Gaus Jean-baptiste Berthon Judith S. Basad Craig Murray Thomas Höhne-Sparborth Michael Hasenstab Patrick Hunger Jan Brzezek Michael Welti Eric Heymann Peter Hody Hans-martin Krausmann Kim Fournais Rolando Grandi Teodoro Cocca Thomas Signer Gilles Prince Peter Fanconi Reto Jauch Jian Shi Cortesi Karam Hinduja Andrea Hoffmann Felix Bremmer Walter Wittmann Guy De Blonay Dieter Wermuth Shanna Strauss Claude Baumann Henk Grootveld Will Ballard Santosh Brivio Christian Dreyer Georg von Wyß Sherif Mamdouh Hans Ulrich Jost Bert Flossbach Werner Peyer Mirjam Staub-Bisang Marcel Hostettler Jared Cook Thomas Kupfer Robert Almeida Daniel Roarty Ken Orchard Armin Jans Johnny El Hachem Mobeen Tahir Elon Musk Marco Huwiler Zsolt Kohalmi Christine Houston Dorte Bech Hans Jakob Roth Donald Trump Claire Shaw Vega Ibanez Val Olson Christoph Sax Shaul Lifshitz Jan Beckers Alex Wolff Peter Schmidinger James Syme Swetha Ramachandran Jochen Moebert Katharine Neiss Michel Longhini Kim Iskyan Ramon Vogt Philipp Cottier Marco Bargellini Bannwart Stefan Lukas Zihlmann Sandro Occhilupo Andrew Isbester Nicholas Yeo Mike Judith David Zollinger Ana Patricia Botin Martin Gilbert Frédéric R Leroux Thomas Stucki Guillaume Compeyron Jeffrey Bohn Robert Holzach Anton Affentranger Alfred Mettler Roman Reigns Pascal R. Bersier Martin Velten Thomas Sutter Karin M. Klossek Steve Hanke Fabrizio Quirighetti Bernardo Brunschwiler Serge Becker Mark Urquhart Florian Wicki Konrad Hummler Agnieszka Walorska Richard Eggers Guido Schilling Bruno Capone Darren Williams Stefan Gerlach Fernando Fernández Adriano Lucatelli Michael Benz Fiona Frick Thomas Fedier Manuel Robles Robert W. Sharps Grégoire Bordier Lars Jaeger Mario Bassil Patrick Scheurle Bernd Kramer Arturo Bris Arthur Bolliger Beat Weiss Dan Steinbock Stuart Dunbar Asma Mhalla JD Vance Maurice Pedergnana Tatjana Greil Castro Angela Agostini Alina Donets Alannah Beer Charles-henry Monchau Jens Pongratz Oliver Berger Gerard Guerdat Kubilay Yalcin Samuel Gerber Michael Bornhaeusser Maya Bhandari Jan Boudewijns Claude-alain Margelisch Klaus Breiner Antoni Trenchev Jesper Koll Charlie Munger Carole Millet Anna Rosenberg Thomas Steinemann Benoit Barbereau Anne Richards Taimur Hyat Hui Zhang Camille Vial Harald Preissler Nicolas Forest Peter Kurer Carlo Capaul Beat Kappeler Tobias Mueller Thomas Müller Andreas Herrmann Ha Duong Dennis Larsen Rolf Banz Stefan Blum Marionna Wegenstein Fabiana Fedeli Alexander F Wagner Daniel Kobler Philipp Kaupke David Folkerts-Landau Nicolas Roth Todd Saligman Neil Shearing Stephen Thariyan Judith Wallenstein Katharina Barth Martin Dahinden Stefan Kreuzkamp Stephen Dover Juergen Braunstein George Muzinich Nicolas Faller Marc Taverner Salman Ahmad Fabrizio Pagani Robert Hemmings Frederic Pappalardo Markus Winkler Tom Naratil Stefan Schneider Pascal Mischler Albert Steck Razan Nasser Oliver Bussmann Ashley Simmons Show more
The bankruptcy of Northvolt AB highlights Europe's struggles in the clean tech sector, revealing a lack of experience and execution rather than a shortage of capital or ambition. This setback comes at a critical time as Europe faces increasing competition from the US and China, raising concerns about its commitment to climate change initiatives.
Edtech startup Newton School reported a revenue increase of 1.5x, from Rs 16.84 crore in FY23 to Rs 24.06 crore in FY24, while reducing net losses by 40% to Rs 49.74 crore. The company projects a further 2.5x revenue growth for FY25, aiming for Rs 50-60 crore, and plans to halve its losses, targeting profitability by FY26. Co-founder Siddharth Maheshwari emphasized the focus on sustainable growth through an industry-oriented learning model.
21 Invest has launched its first fund dedicated to the healthcare sector, closing at €70 million with a target of €150 million. This initiative follows the acquisition of a majority stake in French medtech company Rocamed SAM, specializing in endo-urological devices. The fund adopts an impact investment strategy, classified under article 9 of the European SFDR.
Quick commerce unicorn Zepto has raised $350 million in a funding round led by Motilal Oswal’s Private Wealth division, aiming to boost domestic shareholding ahead of a potential IPO next year. The round retained the company's valuation at $5 billion, with participation from notable investors including family offices and celebrities like Abhishek Bachchan and Sachin Tendulkar.
Stripe Inc. is repurchasing shares at a valuation of approximately $70 billion, with the price per share set at $27.51. This valuation mirrors that of a previous share sale earlier this year, indicating stability in the fintech giant's market position.

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