One man has nearly the same net wealth as all 65 million South Africans put together
South African-born Elon Musk is closing in on a net worth of over $1 trillion, which is nearly equal to the combined net worth of all 65 million South Africans.
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South African-born Elon Musk is closing in on a net worth of over $1 trillion, which is nearly equal to the combined net worth of all 65 million South Africans.
The bulk of the sales — about $430.1 million — came from doing business with xAI, Musk’s artificial intelligence startup.
Beyond the legal arguments, it is a battle of egos: Musk is irritable; Altman is cunning.
SpaceX’s low-Earth orbit satellite Internet service, Starlink, offers faster data transmission speeds than cellular networks in specific scenarios.
SpaceX’s Internet service Starlink rolled out to less than half the African countries it planned to add to its markets in 2025.
President Cyril Ramaphosa appointed Solly Malatsi Minister of Communications and Digital Technologies in July 2024.
Starlink has warned customers with dishes that have been dormant for a long time to turn the hardware on by 17 November 2025 to avoid it becoming permanently inoperable.
Starlink’s speeds and latency have improved tremendously in South Africa in 2025, despite not being officially available.
Musk has his eyes on an even bigger prize.