US billionaire tech entrepreneur Elon Musk has met with a number of Emirati officials on a trip to the UAE as rumours of a 2026 SpaceX listing swirl online. DiscussionsUS billionaire tech entrepreneur Elon Musk has met with a number of Emirati officials on a trip to the UAE as rumours of a 2026 SpaceX listing swirl online. Discussions

Elon Musk meets top officials on UAE visit

2025/12/22 20:15
  • Musk $750bn net worth
  • Business interests in GCC
  • SpaceX IPO expected in 2026

US billionaire tech entrepreneur Elon Musk has met with a number of Emirati officials on a trip to the UAE as rumours of a 2026 SpaceX listing swirl online.

Discussions on artificial intelligence were high on the agenda in meetings between Musk and Emirati ruler Sheikh Mohamed bin Zayed Al Nahyan.

Musk owns electric vehicle company Tesla, space company SpaceX and artificial intelligence company xAI, which owns social media website X (formerly Twitter.)

Musk also met with the crown prince of Abu Dhabi, the crown prince of Dubai, the chairman of the UAE’s Artificial Intelligence and Advanced Technology Council and a number of other ministers and officials, the UAE state-owned news agency Wam reported on Monday.

Musk is the world’s richest person, with an estimated fortune of roughly $750 billion.

Musk’s space venture SpaceX, which is developing reusable rockets that can launch objects into space and return safely, is expected to IPO in 2026, in what some analysts have said could be the largest public offering of all time at $1.5 trillion.

In 2022, two Abu Dhabi-listed companies – International Holding Company and Alpha Dhabi – invested $25 million each in SpaceX.

Further reading:

  • PIF expected to invest in Musk’s xAI
  • Elon Musk’s Dubai Loop to be operational next year
  • Starlink team in Iraq for final licensing talks

The South African-born entrepreneur has a number of business interests in the Middle East.

Musk’s civil engineering company, The Boring Company, is building an underground road system in Dubai known as the Dubai Loop, which aims to build 17km of tunnels in its initial phase. 

Saudi Arabia’s Kingdom Holding put up nearly $2 billion for Musk’s 2022 purchase for $44 billion of Twitter and the Qatar Investment Authority handed over $375 million.

SpaceX’s Starlink is rapidly proving itself as the first satellite network capable of delivering high-quality broadband in the air, and Gulf airlines are moving aggressively to secure its services.

Market Opportunity
Dogelon Mars Logo
Dogelon Mars Price(ELON)
$0.00000005266
$0.00000005266$0.00000005266
-0.73%
USD
Dogelon Mars (ELON) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Kaisa Capital surged 250% after the company announced a strategic transformation and launched its RWA tokenization business.

Kaisa Capital surged 250% after the company announced a strategic transformation and launched its RWA tokenization business.

PANews reported on September 18 that according to Jinshi, Kaisa Capital (00936.HK) rose 250% after the company announced a strategic transformation and the development of a real-world asset (RWA) tokenization business layout.
Share
PANews2025/09/18 10:12
Unlock Yield: Upshift, Clearstar & Flare Launch New earnXRP Product

Unlock Yield: Upshift, Clearstar & Flare Launch New earnXRP Product

BitcoinWorld Unlock Yield: Upshift, Clearstar & Flare Launch New earnXRP Product For XRP holders seeking more than just price appreciation, a new opportunity has
Share
bitcoinworld2025/12/22 22:30
North America Sees $2.3T in Crypto

North America Sees $2.3T in Crypto

The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07