NEW DELHI: The Indian government plans a new law to punish those making hoax bomb threats against flights, which disrupt the schedules of airlines and cause massive inconvenience to thousands of passengers.
In less than two weeks, more than 120 flights operated by Indian carriers have received bomb threats, the Press Trust of India news agency reported.
Civil Aviation Minister K Rammohan said on Monday that the government is planning to introduce legislation that would put offenders on a no-fly list and amend the 1982 Civil Aviation Act so that they can be arrested and investigated without a court order.
On Tuesday, IndiGo, a private Indian airline, said nine of its flights destined for Jeddah and Dammam in Saudi Arabia and some flights from Turkiye had received such hoax calls. The flights were diverted to the nearest airports for security checks.
“We worked closely with the relevant authorities and followed standard operating procedures,” the airline said in a statement.
The hoaxers have largely gone untraced so far. The Mumbai police said they detained a 17-year-old boy from eastern Chhattisgarh state on Wednesday for allegedly posting bomb threat messages on the social media of various airlines.
Police officer Maneesh Kalwaniya said the boy’s motive was to implicate another person involved in a business dispute with him.
The Press Trust of India said 30 domestic and international flights operated by Indian airlines, including IndiGo, Vistara, and Air India, received bomb threats on Monday night alone.
“Even though bomb threats are hoaxes, things cannot be taken non-seriously,” Rammohan said.
India bringing in a new law to curb the menace of hoax bomb threat calls disrupting airlines flying
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India bringing in a new law to curb the menace of hoax bomb threat calls disrupting airlines flying
- The Indian government is working on a new law to punish those spreading the menace of hoax bomb threat calls
SpaceX acquires xAI in record-setting deal as Musk looks to unify AI and space ambitions
- The deal is the biggest M&A transaction of all time
- Deal values xAI at $250 billion, SpaceX at $1 trillion
Elon Musk said on Monday that SpaceX has acquired his artificial-intelligence startup xAI in a record-setting deal that unifies Musk’s AI and space ambitions by combining the rocket-and-satellite company with the maker of the Grok chatbot. The deal, first reported by Reuters last week, represents one of the most ambitious tie-ups in the technology sector yet, combining a space-and-defense contractor with a fast-growing AI developer whose costs are largely driven by chips, data centers and energy. It could also bolster SpaceX’s data-center ambitions as Musk competes with rivals like Alphabet’s Google, Meta, Amazon-backed Anthropic and OpenAI in the AI sector.
The transaction values SpaceX at $1 trillion, and xAI at $250 billion, according to a person familiar with the matter.
“This marks not just the next chapter, but the next book in SpaceX and xAI’s mission: scaling to make a sentient sun to understand the Universe and extend the light of consciousness to the stars!” Musk said. The purchase of xAI sets a new record for the world’s largest M&A deal, a distinction held for more than 25 years when Vodafone bought Germany’s Mannesmann in a hostile takeover valued at $203 billion in 2000, according to data compiled by LSEG. The combined company of SpaceX and xAI is expected to price shares at about $527 each, another person familiar with the matter said. SpaceX was already the world’s most valuable privately held company, last valued at $800 billion in a recent insider share sale. XAI was last valued at $230 billion in November, according to the Wall Street Journal. The merger comes as the space company plans a blockbuster public offering this year that could value it at over $1.5 trillion, two people familiar with the matter said.
SpaceX, xAI and Musk did not immediately respond to requests for comment.
The deal further consolidates Musk’s far-flung business empire and fortunes into a tighter, mutually reinforcing ecosystem – what some investors and analysts informally call the “Muskonomy” – which already includes Tesla, brain-chip maker Neuralink and tunnel firm the Boring Company. The world’s richest man has a history of merging his ventures together. Musk folded social media platform X into xAI through a share swap last year, giving the AI startup access to the platform’s data and distribution. In 2016, he used Tesla’s stock to buy his solar-energy company SolarCity.
The agreement could draw scrutiny from regulators and investors over governance, valuation and conflicts of interest given Musk’s overlapping leadership roles across multiple firms, as well as the potential movement of engineers, proprietary technology and contracts between entities.
SpaceX also holds billions of dollars in federal contracts with NASA, the Department of Defense and intelligence agencies, which all have some authority to review M&A transactions for national security and other risks.
