Elon Musk’s net worth has fallen below $1 trillion less than two weeks after he became the first person to reach the milestone, following declines in the share prices of SpaceX and Tesla during a broader technology stock sell-off.
Amazon has launched its 30-minute delivery service in the Dallas-Fort Worth metroplex as part of a rollout of its “Amazon Now” program, the company said in a press release.
Tesla is recalling 173 Cybertruck vehicles from model years 2024 to 2026 due to a defect that could cause a wheel component to crack and increase the risk of a crash, according to a report from the National Highway Traffic Safety Administration (NHTSA).
Billionaires Michael Dell and Susan Dell donated $750 million to the University of Texas at Austin to support the development of a new medical center and expand research and health care capabilities, officials said Tuesday.
The Tesla Cybercab made its public debut on the streets of Austin during the South by Southwest, offering a first look at the fully autonomous, purpose-built ride-sharing vehicle.
The Texas Department of Licensing and Registration has received over $10 trillion in data center project applications in two months, while the state permitted the 7.65 gigawatt GW Ranch facility in West Texas. The private power campus is designed to support hyperscale data centers without straining the ERCOT grid, but environmental groups warn the gas-powered facility could emit up to 33 million tons of greenhouse gases annually.
Devon Energy and Coterra Energy will merge in a $58 billion all-stock deal, with the combined company to be headquartered in Houston and led by Devon CEO Clay Gaspar. The merger is expected to produce more than 1.6 million barrels of oil equivalent per day, generate $1 billion in annual cost savings and close in the second quarter of 2026 pending regulatory and shareholder approvals.
Amazon said Wednesday it will cut 16,000 jobs worldwide as the online retail and cloud computing company moves to streamline operations while investing heavily in artificial intelligence.
United Airlines will start a $5.4 million, 17,000-square-foot Facilities Space Centralization Project at Terminal C in Houston’s George Bush Intercontinental Airport on February 3, 2026, consolidating support teams and adding offices, shops and staff amenities while the $2.55 billion Terminal B Transformation—doubling processing space, adding new gates and rebuilding the United Club—continues toward an expected completion in fall 2026.
Bass Pro Shops will open a 72,000-square-foot store as the anchor tenant of Rainy Creek, an $80 million, 35-acre retail development along Interstate 20 in Abilene. Developer Wallace Ventures plans more than 200,000 additional square feet of shops, restaurants and a gym, as the fast-growing West Texas city adds major projects and population around its expanding I‑20 corrid