Key Takeaways
April 16, 2026 · 1 min read · By Rishabh Bhardwaj
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AI-assisted, human-reviewed · Our editorial standards
Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.
Donald Trump Jr. secretly acquired a stake in America First Refining, a struggling Texas oil refinery startup, before India's Reliance Industries made a nine-figure investment in the company. The deal came as the Trump administration was pressuring Reliance over Russian oil purchases, and was followed by major U.S.
India's AAIB will publish an interim factual report next month on the Air India crash that killed 260 people in Ahmedabad in June 2025. Preliminary findings suggest fuel control switches moved to 'cut off' after take-off, causing engine power loss. A final report awaits further consultations.
The White House was locked down after dozens of apparent gunshots were heard nearby, with the Secret Service and FBI responding to the scene. Journalists inside the building were moved to the press briefing room while authorities assessed the threat.