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SpaceX shares surge 35% after lockup expiration, defying Wall Street fearsSpaceX shares have surged significantly after a major lockup expiration. Early investors were permitted to sell millions of shares on Augus...
US Stock Market: Regulatory filing shows Elon Musk owns 48.4% of SpaceXElon Musk owns a 48.4% stake in SpaceX, according to a regulatory filing, giving him more than 82% of the company’s voting power. His holdi...
Musk discloses 48.4% stake in SpaceX in regulatory filingThe rockets-to-AI company went public on June 12 after a record-setting IPO thatraised $85.7 billion and vaulted the company's market cap...
Average pay of CEOs of S&P 500 companies rose to record $22.8 million following Elon Musk's nearly $1 trillion compensation, AFL-CIO findsElon Musk's compensation is setting new benchmarks for S&P 500 executive pay. Average CEO pay rose significantly, even as employee wages ar...
Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPOAnthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as t...
Vietnam's VinSpace signs deal with Elon Musk's SpaceX to launch its first satellites in 2027VinSpace will launch its satellites on a SpaceX Transporter rideshare mission run by Elon Musk's company, which carries satellites from mul...
Elon Musk vs Michael Burry: World's richest man says AI internet traffic will outpace humans, market expert asks who is payingElon Musk says AI agentic traffic will eventually vastly exceed human internet usage, while Michael Burry questions who will pay for AI age...
“Our top priority is to…”: Why Texas just hit pause on new data centers as Greg Abbott orders audit amid Elon Musk’s Texas pushTexas has paused approvals for new data centers as Governor Greg Abbott orders a sweeping audit of projects seeking access to the state’s p...
US Stock Market: SpaceX shares gain as first lockup expiry more than doubles tradable floatSpaceX shares rose over 6% on Thursday in heavy trading, with more than $23 billion worth of shares changing hands — likely the busiest ses...
DOGE overstated savings on federal 'receipts' website, auditors findFederal auditors found Elon Musk's government efficiency savings claims inaccurate. Many reported savings were for actions already underway...
SpaceX advances $1 trillion revenue target to 2030, Musk saysSpeaking to investors, Musk said the company’s internal financial projections had shifted from reaching the milestone in 2031 to 2030, addi...
X product head Nikita Bier steps down after one yearAnnouncing the move in a post on X, Bier wrote, "Ladies and gentlemen, it's time to pass the torch and demote myself to my natural state: a...
Not a moon crash, but AI sends SpaceX shares spiralling 14% lower on Wall Street. What lies ahead?SpaceX shares plunged 14% as investors raised concerns over the company’s aggressive AI spending plans, despite strong quarterly results. T...
SpaceX posts 92% revenue surge, but stock tumbles 7% in after-hours. Here's whySpaceX reported a strong debut quarterly performance as a public company, with revenue surging 92% year-on-year to $7.8 billion in the Apri...
Book recommendations by Elon Musk: Looking for your next read that helps you think like world's richest man? SpaceX founder suggests these 5 books on innovation, science and successElon Musk draws inspiration from diverse books for his innovative ventures. Peter Thiel's "Zero to One" guides transformative company build...
Elon Musk says Anthropic’s Dario Amodei ‘dug his own grave’ by calling Mythos terrifyingElon Musk criticized Dario Amodei for alarming the public about AI risks. He stated Amodei's messaging about Mythos AI unnecessarily alarme...
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...