SpaceX shares fall below $135 IPO price for the first time since debut
SpaceX shares fell below their $135 IPO price for the first time on Wednesday, leaving investors in Elon Musk's rocket company with paper losses.
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SpaceX shares fell below their $135 IPO price for the first time on Wednesday, leaving investors in Elon Musk's rocket company with paper losses.
Elon Musk's net worth has fallen below $900 billion as SpaceX shares slide toward their IPO price, wiping more than $500 billion since June.
SpaceX will test laser links between new Starlink satellites and ground stations in South Africa, the one African market where Starlink cannot legally sell service.
A US judge has approved Pretoria-born Elon Musk's $1.5 million settlement with regulators over the late disclosure of his 2022 Twitter stake.
Elon Musk has called a Wall Street Journal report that SpaceX showed investors a prototype AI device before its IPO utterly false in a post on X.
Elon Musk has reclaimed trillionaire status after SpaceX and Tesla shares surged on Monday, adding $62 billion to his fortune in a single trading session.
SpaceX will join the Nasdaq-100 on July 7 in a fast-tracked process that will force billions of dollars in mandatory purchases from passive funds tracking the benchmark.
Elon Musk became history's first trillionaire on June 12, 2026. Twelve days later, a brutal tech selloff erased up to $374 billion and ended the milestone.
Elon Musk has lost close to $100 billion in paper wealth in days as SpaceX shares tumbled more than 26 percent from their post-IPO peak.
SpaceX shares have fallen more than 20 percent from their post-IPO high and credible analysts say the stock is still significantly overvalued at current levels.
Elon Musk's SpaceX has appointed Roelof Botha, the South African born former Sequoia Capital leader, to its board days after its record $75 billion IPO.
SpaceX has agreed to acquire AI coding startup Cursor for $60 billion in an all-stock deal days after completing the largest IPO in stock market history.
Elon Musk's net worth has hit $1.4 trillion on the Forbes real-time tracker as SpaceX shares continue rising after the largest IPO in history.
Elon Musk has become the world's first trillionaire as SpaceX begins trading on the Nasdaq at $135 per share in the largest IPO in history.
Canada's privacy commissioner has found Elon Musk's Grok violated federal privacy law by launching an image generator that creates sexualised deepfake images without user consent.
Elon Musk is poised to become the world's first trillionaire as SpaceX goes public, sparking intense criticism from anti-poverty advocates.