BN Daybreak Tues 3 Feb: Musk’s $1.25tn SpaceX-xAI Colossus; Palantir’s "N of 1" Surge; SA’s Secret Tech Weapon

Loading player...
In this episode of BizNews Daybreak, Alec Hogg covers the global tech shake-up and critical local stories moving the markets.

Top stories:

Musk’s New Titan: Elon Musk is merging SpaceX and xAI to create a "vertically integrated" tech giant valued at $1.25 trillion—essentially building data centres in orbit.

Palantir’s "Category of One": DA Davidson’s Gil Luria explains why Palantir has no competition, smashing the "Rule of 40" with a score of 127% and accelerating growth while peers slow down.

SA’s Tech Secret: ASP Isotopes CEO Paul Mann reveals how South Africa is producing the critical materials needed to keep Moore’s Law alive and power the next generation of semiconductors.

Local Industry Crisis: The DTIC runs out of funds for film incentives, leaving the local movie industry owed over R660m and facing a 50% contraction.

Markets: Gold stabilises after its collapse, the Rand holds at R16/$, and Bitcoin rebounds 5%.

Plus: A global backlash hits baby formula giants Nestle and Danone after a supply-chain toxin scare.
2 Feb 11PM English South Africa Investing · Business News

Other recent episodes

Leon Kluge: The botanist turning South Africa's flowers into gold

Leon Kluge pulled off a hat-trick no South African had managed before: three straight gold medals at the Chelsea Flower Show, the world's most prestigious garden show. But this year's win very nearly didn't happen. Storms and flooding tore through the Western Cape days before the harvest, cutting farmers off…
15 Sep 12PM 42 min

6 bodies found: Killing spree of “serial” rapist…

In this BizNews interview, Chris Steyn and Juanita du Preez, the national spokesperson for Action Society, talk about the killing spree of a suspected serial rapist (or group of rapists) in Ekurhuleni. By yesterday (Monday), five bodies had been found, four in Kempton Park, one in Olifantsfontein, and this morning…
15 Sep 7AM 15 min