SpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyw ...More

SpaceX is trading at around 107 times its 2025 sales, an astronomical valuation. By comparison, AI heavyweight chipmaker Nvidia recently traded at 21 times sales. ...Less

SpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challen ...More

SpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T. The Elon Musk-led company, which already offers supplemental coverage with T-Mobile, is considering building its own terrestrial network. This move follows SpaceX's acquisition of significant wireless spectrum licenses, positioning Starlink for a major disruption in the communications industry. ...Less

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidate ...More

Elon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while lowering annual interest costs. This strategic financial maneuver leverages SpaceX's strong revenue streams from Starlink and government contracts to support the ambitious, cash-burning AI ventures. ...Less

SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in mark ...More

SpaceX shares fell another 3%, extending a three-day selloff that has wiped out over $600 billion in market value and pushed the stock below its listing price. Concerns over valuation, debt-funded AI expansion and broader technology sector weakness have weighed on investor sentiment despite the company's anticipated Nasdaq-100 inclusion. ...Less

Elon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A signific ...More

Elon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares following its IPO, coupled with a dip in Tesla's stock, has seen his net worth plummet by hundreds of billions. While he remains the wealthiest individual globally, his fortune has fallen below the trillion-dollar mark, underscoring the volatility of tech market valuations. ...Less

SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive inve ...More

SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nasdaq's relaxed entry criteria, making it easier for companies like SpaceX, despite recent losses, to enter major indices. While some see it as a positive sign of demand, others, like Morningstar, express concerns about the stock's valuation. S&P 500, however, maintains stricter entry rules for SpaceX. ...Less

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% ...More

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction. ...Less

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This de ...More

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price, with strong retail investor interest noted. Analysts suggest the company's future growth potential is already factored into its current valuation. ...Less

Elon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX a ...More

Elon Musk's net worth has dipped below the trillion-dollar mark following a significant slump in SpaceX and Tesla shares. Just weeks after becoming the world's first trillionaire post-SpaceX's IPO, investor enthusiasm has waned. Despite recent volatility and concerns about AI valuations, credit agencies maintain a stable outlook on SpaceX's financial standing. ...Less

SpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash bala ...More

SpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial position suggests the company is well-funded for its ambitious future plans, including further Starship development and its ongoing Starlink satellite internet expansion. ...Less

SpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion i ...More

SpaceX shares jumped 19 per cent in their Nasdaq debut on June 12, when it raised more than $75 billion in a record offering. ...Less

Musk said reinforcement learning is continuing to improve the model and that "Grok Build," xAI's coding-a ...More

Musk said reinforcement learning is continuing to improve the model and that "Grok Build," xAI's coding-agent harness, is being refined daily. He framed the SpaceX and Tesla deployment as an internal proving ground before any wider release. ...Less

SpaceX shares rebounded Tuesday, halting a three-day slump that saw over $600 billion vanish from its val ...More

SpaceX shares rebounded Tuesday, halting a three-day slump that saw over $600 billion vanish from its valuation. The stock climbed significantly after a brief dip below its IPO price. Meanwhile, the company is experiencing immense investor interest, attracting approximately $89 billion in demand for its inaugural US bond sale, signaling a major financial event in the investment-grade market. ...Less

SpaceX is witnessing immense investor interest, with demand reaching approximately $89 billion for its in ...More

SpaceX is witnessing immense investor interest, with demand reaching approximately $89 billion for its inaugural US bond sale. The company, led by Elon Musk, aims to raise between $20 billion and $25 billion to refinance a loan and cover corporate costs. This significant demand highlights investor confidence in Musk's vision, even as SpaceX anticipates substantial cash expenditure in the coming years. ...Less

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, acco ...More

SpaceX's massive market debut, reaching a $2 trillion valuation, is largely fuelled by AI ambitions, according to valuation expert Aswath Damodaran. While Starlink contributes significantly, he cautions that the AI business is nascent with uncertain economics and high costs. Damodaran warns against equating growth with value, emphasising that even compelling narratives must align with financial realities for sustainable investment. ...Less

Elon Musk has identified family relocation as one of SpaceX's biggest hiring challenges in Texas, saying ...More

Elon Musk has identified family relocation as one of SpaceX's biggest hiring challenges in Texas, saying many engineers and technicians hesitate to move to Starbase because employment opportunities for their partners are limited. Speaking on a podcast, Musk described it as the company's "significant other problem" and explained how the remote South Texas location differs from SpaceX's former base in California. ...Less

Jefferies' Chris Wood says investing in SpaceX is ultimately a bet on Elon Musk rather than valuation met ...More

Jefferies' Chris Wood says investing in SpaceX is ultimately a bet on Elon Musk rather than valuation metrics. He highlighted the explosive demand for leveraged SpaceX ETFs and warned that changes to index inclusion rules could reshape passive investing, further strengthening the dominance of US equities in global benchmarks. ...Less

SpaceX share price drop: Shares of other U.S. space companies were also down. Rocket ⁠Lab and Planet Labs ...More

SpaceX share price drop: Shares of other U.S. space companies were also down. Rocket ⁠Lab and Planet Labs dropped around 3 per cent, while AST SpaceMobile and Intuitive Machines declined around 7 per cent and 3 per cent, respectively. ...Less

The consensus signals broad ⁠confidence ⁠in SpaceX's financial stability, as the company moves forward wi ...More

The consensus signals broad ⁠confidence ⁠in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push in a competitive market. ...Less

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose m ...More

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns. ...Less

SpaceX shares saw a sharp decline on Thursday, following a strong initial public offering. This dip comes ...More

SpaceX shares saw a sharp decline on Thursday, following a strong initial public offering. This dip comes as investors evaluate the company's ambitious AI expansion plans, including a major acquisition. The post-IPO excitement has cooled, leading to profit-taking. Other US space companies also experienced stock drops. SpaceX is preparing for a substantial bond offering to fund its growth. ...Less

SpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at leas ...More

SpaceX is preparing to discuss a massive bond offering with investors. The company plans to raise at least $20 billion. This move follows its record initial public offering. The funds will refinance a significant bridge loan. This is SpaceX's first foray into issuing investment-grade US dollar bonds. The company is also embracing artificial intelligence. ...Less

SpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that ...More

SpaceX shares experienced their first decline since their IPO on Wednesday, ending a three-day rally that briefly surpassed Amazon's valuation. The stock saw significant intraday swings, though it remains well above its IPO price. Analysts suggest limited free float and upcoming lockup expirations could influence future trading. ...Less

NYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, ...More

NYU professor Aswath Damodaran has cautioned that the rush to include newly listed giants such as SpaceX, OpenAI and Anthropic in the S&P 500 could reshape passive investing. While these firms may quickly become some of the market’s largest companies, Damodaran argues they could still be loss-making, have evolving business models and governance concerns a year after listing. ...Less

SpaceX's market valuation surged past Amazon and briefly exceeded Microsoft's on Tuesday, driven by inten ...More

SpaceX's market valuation surged past Amazon and briefly exceeded Microsoft's on Tuesday, driven by intense trading in its newly listed option contracts. The company's shares jumped significantly above its IPO price, reflecting investor confidence in its diverse business ventures. This rapid ascent places SpaceX among the world's most valuable companies. ...Less

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in ...More

US chip stocks experienced a significant tumble, impacting the broader market and wiping out billions in value. While tech giants like Nvidia and Tesla saw declines, bargain hunters emerged, offering some support. This selloff, attributed to concentrated trading and shifting sentiment rather than AI fundamentals, highlights the volatility in the tech sector, especially for newly public companies like SpaceX. ...Less

SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets ...More

SpaceX shares surged early on Tuesday as investors bet on Elon Musk's sprawling empire that spans rockets to AI, even though the stock carries a higher valuation than the other trillion-dollar behemoths. ...Less

A massive $150 billion trading surge is expected Friday as FTSE Russell's indexes undergo their annual ov ...More

A massive $150 billion trading surge is expected Friday as FTSE Russell's indexes undergo their annual overhaul, now happening twice a year. This year sees SpaceX fast-tracked into the Russell 1000, while tech giants like Microsoft and Apple see shifts. AI's influence is clear, with semiconductor firms gaining prominence. This event is a key liquidity driver for investors. ...Less

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after ...More

SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut. The acquisition hands xAI's Grok a foothold in AI coding tools, tapping Cursor's $2 billion annualized revenue and rapid enterprise adoption. Closing is expected in Q3 2026. Now the bigger question is whether Cursor AI can help xAI challenge Anthropic's lead in enterprise AI coding. ...Less

SpaceX options trading saw massive investor interest on Tuesday. Over half a million contracts traded in ...More

SpaceX options trading saw massive investor interest on Tuesday. Over half a million contracts traded in the first hour. This made SpaceX the most heavily traded company ever on its debut options day. Demand was high for bullish call options. This activity helped boost the stock price. SpaceX shares climbed significantly, placing it among the top-five most valuable companies. ...Less

SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This ...More

SpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster SpaceX's enterprise AI market presence, following its recent blockbuster IPO. The deal, expected by Q3 2026, could significantly boost xAI's capabilities. ...Less

SpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has su ...More

SpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has surpassed Amazon in market value, becoming the fifth-largest stock worldwide. This rally shows strong demand following its record IPO. Investors anticipate future IPOs from AI rivals. Key economic and geopolitical events are also on the horizon. ...Less

That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because ...More

That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because it would advantage the likely acquirer, SpaceX — where Musk has far greater control and now derives the vast majority of his net worth — if Tesla became relatively cheaper. ...Less

Options trading on SpaceX is expected to begin as early as Tuesday, giving investors new ways to hedge, s ...More

Options trading on SpaceX is expected to begin as early as Tuesday, giving investors new ways to hedge, speculate, and gain leveraged exposure to the stock following its blockbuster IPO. The move comes after SpaceX shares surged over 25% on their Nasdaq debut, pushing the company's valuation above $2 trillion. Analysts expect heavy options activity from both retail and institutional investors, with traders likely to bet on the stock's volatility while existing shareholders use options to manage risk. ...Less

SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly ...More

SpaceX shares surged over 14% Tuesday, briefly surpassing Amazon and challenging Microsoft with a nearly $2.9 trillion valuation. The rally, fueled by options trading and anticipation of index inclusion, saw the stock climb significantly from its IPO price. Despite remaining loss-making, investor focus remains on its space launch dominance, Starlink, and AI ventures. ...Less

Wall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that ...More

Wall Street stocks fell on Friday, capping a roller-coaster week for tech stocks as traders fretted that valuations may be entering bubble territory. This was in part caused by Elon Musk's rocket company SpaceX seeing its valuation drop from its IPO-day highs this week, pointing to a rockier landing zone for blockbuster public offerings on Wall Street. ...Less

Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While ...More

Tech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it also suggests increased borrowing and capital expenditure, particularly for AI infrastructure. Investors are wary, as recent bond performance indicates concerns about future debt burdens and the sustainability of these massive investments in a historically volatile industry. ...Less

SpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI dri ...More

SpaceX's massive valuation highlights the immense potential in space technology, with Starlink and AI driving value. While India's space startups are gaining traction, particularly in upstream capabilities, significant opportunities lie downstream. Tailoring services to India's unique context, like small landholdings and remote connectivity needs, presents the next frontier for growth and value creation. ...Less

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolste ...More

SpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move positions SpaceX strongly in the AI coding tools segment, competing with giants like OpenAI and Anthropic. Cursor, cofounded by Indian-origin entrepreneur Aman Sanger, boasts substantial annual revenue and a growing user base. ...Less

SpaceX shares extended gains in pre-market trading on Monday after a record-breaking IPO debut that pushe ...More

SpaceX shares extended gains in pre-market trading on Monday after a record-breaking IPO debut that pushed its valuation above $2 trillion last week. Investor optimism strengthened further after Elon Musk said the company could generate over $1 trillion in annual revenue by 2030, fueling enthusiasm around its long-term growth prospects. ...Less

Two asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of ...More

Two asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies including Meta, Nvidia, Google, SpaceX, Anthropic, and OpenAI. This move follows SpaceX's record IPO, fueling investor enthusiasm for AI-linked stocks and creating a potential successor to the Magnificent Seven trade. ...Less

SpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in U ...More

SpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on platforms like Vested Finance and IndMoney surging by 20-25%. SpaceX raised $75 billion in its IPO at a valuation of over $1.7 trillion. ...Less

Former Israeli Prime Minister Naftali Bennett revealed he initiated smuggling Starlink receivers into Ira ...More

Former Israeli Prime Minister Naftali Bennett revealed he initiated smuggling Starlink receivers into Iran to aid anti-government protesters, aiming to ensure internet continuity. He criticized the current Israeli government for halting the plan, stating it left protesters without crucial infrastructure during unrest. Bennett urged regional nations to unite against Iran's government, predicting its eventual collapse. ...Less

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over ...More

Indian markets mirrored global trends as major indices, including the Nasdaq and S&P 500, closed at over a week's low on Tuesday. Semiconductor stocks experienced significant declines, fueled by investor concerns over debt-fueled AI spending and anticipation of a more hawkish stance from the U.S. Federal Reserve. Traders are now pricing in a higher likelihood of a second interest rate hike by December. ...Less

Australian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. T ...More

Australian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes as SpaceX's initial public offering set records. Rinehart's company, Hancock Prospecting, sees potential for future collaboration with SpaceX on critical mineral supplies. SpaceX shares saw a strong debut, increasing the company's valuation significantly. ...Less

Elon Musk’s net worth soared by a record $164 billion in a single day after SpaceX shares surged nearly 2 ...More

Elon Musk’s net worth soared by a record $164 billion in a single day after SpaceX shares surged nearly 20%, pushing his fortune to $1.27 trillion. The gain alone exceeded Warren Buffett’s entire net worth, underscoring the extraordinary wealth creation driven by SpaceX’s blockbuster market debut. ...Less

Elon Musk predicts SpaceX could generate over $1 trillion in revenue by 2030, a bold statement following ...More

Elon Musk predicts SpaceX could generate over $1 trillion in revenue by 2030, a bold statement following the company's valuation exceeding $2 trillion. Despite recent revenue growth, SpaceX reported a net loss in 2025, prompting caution from some Wall Street analysts whose projections fall significantly short of Musk's ambitious target. ...Less

Elon Musk's SpaceX is experiencing a significant surge in its stock value. Shares rose over 10% in premar ...More

Elon Musk's SpaceX is experiencing a significant surge in its stock value. Shares rose over 10% in premarket trading on Tuesday. This rally puts SpaceX on track to surpass Amazon's market capitalization. It is poised to become the world's fifth-largest company. Trading volumes for SpaceX shares were exceptionally high. ...Less

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billiona ...More

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with a board member of the Musk-led Tesla for an allocation of SpaceX shares in 2023. ...Less

US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sen ...More

US stocks closed sharply higher with the Dow hitting a record close as easing US-Iran tensions lifted sentiment. Tech stocks led gains, with Nasdaq rising over 2%. Investors also focused on upcoming earnings season, while Comcast, SpaceX and Alphabet added momentum to the broader market rally. ...Less

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI benefici ...More

Wall Street witnessed a significant downturn in semiconductor stocks Tuesday, impacting major AI beneficiaries. Memory chipmakers like SanDisk and Micron saw substantial drops as investors re-evaluated high valuations amid escalating AI spending. This correction, also affecting broader tech, signals growing caution about the speed of returns from massive AI investments, prompting some to secure profits. ...Less

Juan Hernandez joined SpaceX as a welder in 2015, viewing it as just another job opportunity. Along with ...More

Juan Hernandez joined SpaceX as a welder in 2015, viewing it as just another job opportunity. Along with his employment, he received company stock that he initially paid little attention to. Following SpaceX's historic IPO, his roughly 6,500 shares are now worth nearly Rs 10 crore. Hernandez, who later moved to Blue Origin, says he plans to keep working and use his experience to teach his children about investing and long-term financial planning. ...Less

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail invest ...More

A recent tech sell-off exposed how modern speculation amplifies both rallies and reversals. Retail investors' enthusiasm for leveraged products tied to AI chips and SpaceX, alongside financial engineering in crypto, led to rapid gains and equally swift losses. These products, designed for faster, more concentrated bets, are increasingly shaping market dynamics, bringing a casino-like element to trading and posing significant risks for unsophisticated investors. ...Less

A former SpaceX welder, Juan Hernandez, saw his decade-old stock grant blossom into over $1 million follo ...More

A former SpaceX welder, Juan Hernandez, saw his decade-old stock grant blossom into over $1 million following the company's IPO. Initially hired as a contract worker, Hernandez received $10,000 in stock, which he largely overlooked until its significant appreciation. He continues to work, crediting his immigrant background and strong work ethic for his success. ...Less

Companies are exploring insurance for orbital AI data centers. This is a significant development for a ne ...More

Companies are exploring insurance for orbital AI data centers. This is a significant development for a new industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. Securing insurance is vital for these ventures to move from concept to reality. Insurers are beginning discussions about coverage for these advanced space-based facilities. ...Less

SpaceX’s historic IPO sparked massive investor enthusiasm before a sharp correction shifted focus toward ...More

SpaceX’s historic IPO sparked massive investor enthusiasm before a sharp correction shifted focus toward valuation and execution. As volatility rises, investors are closely watching earnings, AI investment plans, index inclusion and the company’s ability to translate ambitious growth into sustainable long-term returns. ...Less

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as hea ...More

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one or two rate hikes in the next year, though this could pressure emerging economies. ...Less

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not direc ...More

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical easing could also play a role. ...Less

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added ...More

SpaceX's market debut sparks debate on how stock indexes should include mega-cap newcomers. Nasdaq added the company, while S&P 500 held back, highlighting differing approaches to growth versus conservatism. This divergence could impact investor returns as more AI giants prepare to list, raising questions about market representation and risk management. ...Less

SpaceX’s post-rally decline shifted investor focus from momentum to execution as concerns grew over debt ...More

SpaceX’s post-rally decline shifted investor focus from momentum to execution as concerns grew over debt issuance, elevated AI spending and valuation. While long-term optimism around AI, Starlink and space ambitions remains intact, markets are increasingly demanding clearer paths to profitability and disciplined capital allocation. ...Less

Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are ...More

Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks came after the company’s debut propelled Elon Musk to trillionaire status and lifted SpaceX into the world’s corporate elite. ...Less

SpaceX shares surged for a second day, adding to initial gains and pushing its market value over $2.3 tri ...More

SpaceX shares surged for a second day, adding to initial gains and pushing its market value over $2.3 trillion. This valuation places the company among the world's top six largest, nearing a challenge to the current leader. The company also exercised its over-allotment option, significantly increasing the total funds raised from its IPO. ...Less

The stock, ⁠which surged more than 19% on Monday, was ⁠last up 10.1% at $211.8, giving the company a mark ...More

The stock, ⁠which surged more than 19% on Monday, was ⁠last up 10.1% at $211.8, giving the company a market capitalisation of nearly $2.8 trillion if gains hold. ...Less

SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s m ...More

SpaceX’s record-breaking IPO debut lifted its valuation above $2 trillion, making it one of the world’s most valuable companies. Strong investor demand, heavy trading volumes and retail enthusiasm boosted Elon Musk’s fortune, despite the company remaining loss-making and heavily growth-driven. ...Less

The move marks a departure from standard corporate communication practices, which typically involve newsw ...More

The move marks a departure from standard corporate communication practices, which typically involve newswire services like Business Wire or PR Newswire to reach a broad audience of investors and media outlets. ...Less

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks ...More

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as companies engage in massive borrowing for AI initiatives. ...Less

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to b ...More

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand. The company's stock saw significant gains following its market debut. This event marks a major milestone for SpaceX and Elon Musk's ventures. Investor interest was exceptionally high for this historic listing. ...Less

Mukesh Ambani's Reliance group is set to significantly boost its market presence, potentially holding nea ...More

Mukesh Ambani's Reliance group is set to significantly boost its market presence, potentially holding nearly 7% of BSE's total market capitalization post-Jio Platforms' IPO. This move positions Reliance Industries and JioP as India's two largest companies by market value, surpassing major banks and telecom players. The combined RIL group market cap is expected to rival that of top financial institutions, highlighting a substantial value creation for investors. ...Less

Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented ...More

Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial status. ...Less

More than 20 years after its founding, SpaceX made history Friday with its record-high stock market debut ...More

More than 20 years after its founding, SpaceX made history Friday with its record-high stock market debut, crowning a unique journey marked by dazzling successes but also catastrophic failures and unfulfilled promises. ...Less

Elon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accu ...More

Elon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through company stock. This massive employee wealth creation event saw individuals from various roles, like welders and engineers, benefit from their equity. The IPO's success transformed risky career choices into substantial financial windfalls, highlighting SpaceX's unique approach to rewarding its workforce. ...Less

SpaceX IPO raises $85.7 billion as underwriters exercise 'greenshoe' option ...More

SpaceX IPO raises $85.7 billion as underwriters exercise 'greenshoe' option ...Less

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other ...More

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , ⁠and ⁠Meta Platforms. With trillion-dollar contenders such as OpenAI and Anthropic waiting in the IPO wings, the club may soon need a name change, analysts said. ...Less

Elon Musk has achieved a historic milestone becoming the world's first trillionaire after SpaceX's succes ...More

Elon Musk has achieved a historic milestone becoming the world's first trillionaire after SpaceX's successful stock market debut. Mahindra Group Chairman Anand Mahindra lauded Musk's unwavering belief in transforming today's impossibilities into tomorrow's realities. Mahindra recalled supporting Musk during tough times in 2018, emphasizing that innovators are often judged during their most challenging moments, not their finest hours. ...Less

US and Indian IPO markets are gearing up for major listings, with AI giants like OpenAI and Anthropic set ...More

US and Indian IPO markets are gearing up for major listings, with AI giants like OpenAI and Anthropic set to capitalize on investor frenzy. In contrast, India's anticipated Jio and NSE IPOs face a less enthusiastic market after years of stagnant returns. While US IPOs may signal market tops, India's offerings are expected to be more sober, potentially reigniting foreign investor interest. ...Less

SpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first t ...More

SpaceX’s blockbuster stock market debut propelled Elon Musk’s net worth above $1 trillion for the first time. Strong investor demand pushed the company’s valuation past $2 trillion, cementing Musk’s position as the world’s richest individual by a wide margin. ...Less

SpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were s ...More

SpaceX's initial public offering saw massive retail investor interest. A substantial 30% of shares were set aside for individual buyers. Many investors eagerly bought shares on the first day, contributing to a 19% price surge. Brokerages reported record participation. Some investors received fewer shares than requested, while others bought directly in the market. ...Less

Global stock markets are experiencing a cautious rebound following a tech sell-off, fueled by AI spending ...More

Global stock markets are experiencing a cautious rebound following a tech sell-off, fueled by AI spending and hawkish US interest rate signals. While South Korea's Kospi shows volatility, AI giants are tapping bond markets for capital. Despite inflation fears, retreating oil prices and a stabilizing US-Iran deal may ease concerns. ...Less

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday w ...More

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-Iran negotiations, ...Less

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic I ...More

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon Musk the world's first trillionaire. The rocket maker raised substantial funds, surpassing Saudi Aramco's IPO. Investors are watching closely as SpaceX aims for Mars and beyond, with Starlink driving its growth. ...Less

Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, t ...More

Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond. ...Less

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now sur ...More

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other tech giants like OpenAI and Anthropic poised for public debuts, market strategists are scrambling for new labels. While some propose 'MANGOS' or 'Magna Atoms', others believe the 'Magnificent Seven' will persist, with new terms added. ...Less

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per s ...More

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company's valuation. This blockchain-based market's predictive power is now being tested with SpaceX's record-setting IPO. ...Less

SpaceX's record-breaking IPO sparked a massive rally before shares experienced their first pullback. Desp ...More

SpaceX's record-breaking IPO sparked a massive rally before shares experienced their first pullback. Despite profit booking and valuation concerns, investors remain focused on Starlink, AI, and long-term growth opportunities. ...Less

SpaceX IPO: SpaceX is set to list on Nasdaq today, marking the largest IPO in history with a $75 billion ...More

SpaceX IPO: SpaceX is set to list on Nasdaq today, marking the largest IPO in history with a $75 billion valuation. While Indian investors missed the IPO, they can now buy shares post-listing. Analysts are divided on whether to invest, citing SpaceX's unique business model and high valuation. ...Less

U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, w ...More

U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, which surged past its IPO price. Progress in peace talks eased inflation and interest rate concerns, while SpaceX's strong opening captivated investors despite its recent losses. Other space stocks saw a slight pullback. ...Less

SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks ...More

SpaceX is poised for a historic Nasdaq debut, aiming for a market valuation over $2 trillion. This marks the world's largest IPO. The company's listing is a significant event for Wall Street's trading infrastructure. Investors anticipate strong initial trading performance. SpaceX's valuation reflects Elon Musk's ambitious vision and its leading position in the space industry. ...Less

Micron Technology has partnered with AI innovator Anthropic, providing integral memory and storage soluti ...More

Micron Technology has partnered with AI innovator Anthropic, providing integral memory and storage solutions while also investing in its forthcoming IPO. This strategic collaboration is designed to enhance the development of Anthropic's Claude models by refining memory and storage capabilities. Following a substantial funding round, Anthropic has filed for an IPO and is ensuring it has the essential components to support its growing data center requirements. ...Less

Space stocks saw a significant drop on Friday. Investors took profits after a strong rally. This occurred ...More

Space stocks saw a significant drop on Friday. Investors took profits after a strong rally. This occurred on the day of SpaceX's highly anticipated market debut. The Elon Musk-led company achieved a valuation exceeding two trillion dollars. This event has drawn attention to the entire space sector. Other space companies also experienced declines in their stock prices. ...Less

Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the ...More

Elon Musk revealed that when he founded SpaceX he gave it less than a 10% chance of success. However, the aerospace giant on Friday, debuted on Nasdaq in the largest IPO ever, with its valuation surpassing $2 trillion. This blockbuster listing also propelled Musk to become the world's first trillionaire. ...Less

As SpaceX makes it historic Nasdaq debut, veteran investor Ron Baron emerged as one of the company's bigg ...More

As SpaceX makes it historic Nasdaq debut, veteran investor Ron Baron emerged as one of the company's biggest champions. The 83-year-old billionaire investor believes SpaceX will eventually become 'the largest, most profitable company on the planet,' a view that earned praise from Elon Musk. SpaceX is one Baron Capital's most successful bets. ...Less

SpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S ...More

SpaceX's Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institutions to retail fans, celebrated the record-breaking IPO, which raised $75 billion. Despite a reported loss last year, the company's ambitious vision and market opportunity captivated the market, with shares closing up 19%. ...Less

SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market cate ...More

SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coined by strategists. ...Less

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is ...More

The US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of lofty valuations, especially in the AI sector, as tech giants increasingly rely on debt for expansion. While chipmakers surge, the 'Magnificent Seven' face headwinds, creating market volatility despite positive economic fundamentals. ...Less

SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock be ...More

SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut today, June 12, 2026, after pricing at a fixed $135 per share the night before. The company raised a record $75 billion, landing an opening valuation of approximately $1.77 trillion. If the reported offering details stand, SpaceX will begin trading under ticker SPCX on the Nasdaq. ...Less

SpaceX’s blockbuster IPO has intensified investor enthusiasm around its expansion beyond rockets into sat ...More

SpaceX’s blockbuster IPO has intensified investor enthusiasm around its expansion beyond rockets into satellite communications and artificial intelligence. Supporters see long-term growth potential driven by AI and Starlink, while critics question valuation levels. The debate now centres on whether execution and future earnings can justify expectations. ...Less

The deal accelerates a long-time push beyond launch services by adding an established satellite network, ...More

The deal accelerates a long-time push beyond launch services by adding an established satellite network, globally coordinated spectrum and a customer base - capabilities that could ⁠have taken ⁠Rocket Lab several years and billions of dollars to build. ...Less

SpaceX is set to debut on Nasdaq with a massive $75 billion IPO. Investors are betting on Elon Musk's amb ...More

SpaceX is set to debut on Nasdaq with a massive $75 billion IPO. Investors are betting on Elon Musk's ambitious plans, valuing the company at $1.77 trillion. This landmark listing could reshape the market and pave the way for future tech giants. The stock's performance will be closely watched by all. ...Less

Elon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from histor ...More

Elon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. His approach, exemplified by SpaceX and Tesla, emphasizes long-term vision and persistence. This strategy has fueled his vast business empire, spanning electric vehicles, space exploration, and AI, demonstrating the power of learning from historical figures and unconventional sources. ...Less