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Global Market: Norway sovereign fund reveals stake in Musk’s SpaceXNorway’s $2.3 trillion sovereign wealth fund held a 0.05% stake in SpaceX worth $1.22 billion as of June 30, marking its first public discl...
Norway wealth fund holds $1.2 bln stake in SpaceXIt held a 1.28% stake worth $62 billion in Nvidia, a 1.24% stake worth $52 billion in Apple, a 1.17% stake worth $50 billion in Alphabet, a...
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...
Tesla's China footprint complicates path to possible SpaceX mergerTesla's China operations present a major hurdle for any potential SpaceX merger. Analysts highlight technical and regulatory challenges in ...
9,000 kmph: SpaceX junk is about to punch a hole in the Moon. Why scientists are happyA piece of SpaceX rocket debris is set to crash into the Moon at nearly 9,000 kmph. Here's why scientists are interested in the impact and ...
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...
Deeptech startups to ride on Skyroot’s success; likely to fuel VC fundingSkyroot Aerospace's successful launch will significantly boost India's private spacetech sector and is expected to increase capital flow an...
SpaceX selloff's an ominous sign as lockup expiry loomsSpaceX shares have fallen below their initial public offering price, signaling potential future volatility. Insider restrictions are set to...
US Stock Market: Wall Street investment banking revival gains momentum as IPOs, M&A fuel deal boomWall Street's investment banking recovery is gathering momentum, driven by a rebound in IPOs, M&A deals and corporate debt issuance. The si...
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...
JPMorgan posts record profit on big gains from dealmaking, stock tradingIn a remarkable feat, JPMorgan Chase announced its record profits for the second quarter, driven by impressive growth in investment banking...
Stocks priced for ‘sunshine and rainbows’ now face earnings testWall Street enters the second-quarter earnings season with expectations near record highs, leaving companies with little room for disappoin...
SpaceX shares crash 30% from peak; Cathie Wood buys $7 million stake. What is she seeing?Cathie Wood's ARK ETFs purchased $7 million worth of SpaceX shares. This investment follows a significant 34% drop from the stock's peak. W...
From space rocks to smartwatches, AI millionaires rewrite the luxury playbookNewly minted millionaires from tech IPOs are spending fortunes on unique items. These individuals are buying meteorites and fire trucks, di...
Regional carriers demand slots, aircraft and simpler rules as India relaunches faltering connectivity schemeOf the 669 routes made operational since the Ude Desh ka Aam Nagrik (UDAN) scheme started in 2017, commercial flights are currently operati...
Mother Sparsh sees up to 40% growth as baby-care boom defies consumer slowdownMother Sparsh anticipates a robust 30-40% revenue surge this year, defying broader consumption slowdowns. Indian parents are prioritizing t...
India’s space industry hunts for its SpaceX momentIndia's private space sector is rapidly advancing, with a space unicorn poised for launch and startups developing cutting-edge satellites. ...
Elon Musk net worth declines below $1 trillion: World’s first trillionaire loses elite status as SpaceX stocks slide and Tesla slump hit fortuneElon Musk net worth: Elon Musk's reign as the world's first trillionaire has been short-lived. A significant drop in SpaceX shares followin...
SpaceX-Tesla Inc. is inching closer. Watch out, Nvidia?That logic, and Musk’s dominant role at both companies, creates a potential conflict of interest because it would advantage the likely acqu...