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MUSK TESLA MERGER NEWS
Will SpaceX paint its rocket pink? Investor questions go beyond Moon and Mars ahead of first resultsSpaceX's initial public offering allocated shares for retail investors. Shareholders submitted popular questions about Starship's lunar mis...
Elon Musk loses nearly half of his wealth as SpaceX shares crash 46%. More downside ahead?Musk’s wealth peaked at around $1.33 trillion on June 16, when SpaceX shares soared to a lifetime closing high of nearly $202 apiece. Howev...
Musk dismisses report of Tesla's potential China business saleTesla executives are preparing for a potential separation of its China business operations. This move comes as discussions about a possible...
A discarded SpaceX rocket is on a high-speed collision course with the moonA SpaceX rocket upper stage will crash into the moon on Wednesday. This event will create a crater and eject dust and rubble into space. Sc...
Elon Musk dismisses reports on Tesla weighing sale of China businessElon Musk has dismissed reports suggesting Tesla might sell its China operations. These reports indicated a potential merger between Tesla ...
Elon Musk net worth: The former trillionaire is now $750,000,000,000 poorer—almost the combined wealth of Larry Page, Sergey Brin and Jeff BezosElon Musk's net worth has dropped below seven hundred billion dollars. This significant wealth reduction stems from SpaceX and Tesla stock ...
Elon Musk says AI, robotics will drive ‘incredible abundance’Elon Musk sees AI and robotics potentially creating widespread economic abundance for everyone. He acknowledges the rapid, unstoppable pace...
Elon Musk's Boring Company seeks funding at $20 billion valuation: WSJThe Boring Company was valued at $5.7 billion in 2022 after a $675-million fundraising exercise. Musk, whose business interests include Te...
Elon Musk loses $19 billion after Tesla shares plunge 14%. What’s spooking investors?Tesla shares experienced a significant drop of over 14% on Thursday. This decline followed the company's quarterly earnings report which fa...
Tesla short sellers mint $4 billion profit as shares nosediveTesla shares plunged up to 15% after weak quarterly earnings, triggering about $4.1 billion in one-day gains for short sellers. Concerns ov...
Will robotaxi be the next big trigger for Tesla? Here’s what Elon Musk saidTesla is accelerating the rollout of its unsupervised robotaxi service in the US, with CEO Elon Musk outlining ambitious expansion plans wh...
Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
Tesla earnings disappoint Wall Street as Elon Musk’s AI push, pivot beyond cars hurt profitsTesla's second quarter earnings missed profit estimates for the first time in over two years. The company reported negative free cash flow ...
US Stock Market: Tesla-SpaceX merger speculation grows after Musk leaves door openSpeculation about a Tesla and SpaceX merger has intensified recently. Elon Musk did not rule out combining his companies during an earnings...
Musk leaves door open to Tesla-SpaceX mergerElon Musk has suggested a possible merger between Tesla and SpaceX, citing increasing overlap. Investors now believe a combination of these...
Tesla expands robotaxi service to Orlando, Tampa ahead of earningsTesla has expanded its robotaxi service to Orlando and Tampa this week. This move aims to prove the company can scale its autonomous ride-h...
Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...