Danish engineering and powertrain experts Danfoss have developed a new digital hydraulic system designed specifically for electric construction equipment that can reduce energy consumption from the machine’s battery by 35%, and improve runtime by more than 50%. (!)

Elon Musk’s rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.

Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

Few are as delighted by the pending market debut as the vibrant community of space enthusiasts who want to push discovery of the final frontier.

Gwynne Shotwell, the president and chief operating officer, is the adult-in-the-room foil to Mr. Musk as SpaceX prepares for a blockbuster initial public offering.

Gwynne Shotwell, the president and chief operating officer, is the adult-in-the-room foil to Mr. Musk as SpaceX prepares for a blockbuster initial public offering.

The $135 share price means Elon Musk’s rocket maker is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised.

The billionaire has stated many plans for his businesses, but has delivered only some of what he said he would, when he said he would, according to a Times analysis.

The artificial intelligence company, which is racing OpenAI to the stock market, has seen explosive growth over the last year thanks largely to technology that can automatically write computer code.

The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.

California truckers have expressed strong interest in the Tesla Semi because it costs much less and can travel further on a charge than electric trucks sold by established manufacturers.