Elon Musk becomes the world's first trillionaire as SpaceX begins trading
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.
Elon Musk
Canada just found Elon Musk's Grok guilty of violating privacy laws over sexualised deepfake images
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.
Oxfam details the 'danger' of Elon Musk becoming world's first trillionaire
Elon Musk is poised to become the world's first trillionaire as SpaceX goes public, sparking intense criticism from anti-poverty advocates.
Musk gets 1 billion SpaceX shares if Mars colony succeeds
SpaceX's IPO prospectus reveals Elon Musk will receive 1 billion shares worth $135 billion at the IPO price if SpaceX successfully establishes a Mars colony of 1 million inhabitants.
Morningstar warns SpaceX $1.75 trillion valuation prices in $1.3 trillion of unproven AI bets
SpaceX prices its IPO on June 11 at $1.75 trillion, but Morningstar warns that $1.3 trillion of that valuation rests entirely on orbital AI data centers with no commercial revenue.
Elon Musk plans single chip factory to double all US semiconductor production
Elon Musk's Terafab targets one terawatt of annual chip output, double current US consumption, with Tesla and Intel anchoring a $122 billion SpaceX facility in Bastrop, Texas.
Elon Musk asked investors for $75 billion and they sent back $150 billion as the SpaceX IPO sets up a record close
SpaceX has drawn $150 billion in investor demand, twice its $75 billion target, with order books closing June 10, pricing set for June 11 and trading on Nasdaq under SPCX beginning June 12.
Elon Musk unveils AI1 satellite design to power SpaceX's orbital data centers
Elon Musk unveiled SpaceX's AI1 orbital data center satellite on June 8, revealing a 70-meter wingspan design with 150 kW of AI compute capacity ahead of the company's IPO.
Jeff Bezos takes on Elon Musk in Kenya with Amazon Kuiper satellite internet bid
Amazon Kuiper Kenya has applied for a satellite internet licence in Kenya, putting Jeff Bezos on a direct collision course with Elon Musk's Starlink in East Africa.
Google agrees to pay Elon Musk's SpaceX $920 million a month in $30 billion cloud computing deal
Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power, totalling roughly $30 billion under a deal running through June 2029.
Elon Musk becomes world's first trillionaire on June 12 2026
Elon Musk is set to become the world's first trillionaire on June 12 when SpaceX prices its historic $1.77 trillion Nasdaq IPO and begins trading.
Jamie Dimon is personally selling the SpaceX IPO to 2,500 wealthy clients at 90 locations across America
JPMorgan CEO Jamie Dimon is personally pitching the SpaceX IPO to more than 2,500 wealthy clients at 90 bank locations across 26 US states.
Elon Musk is on the brink of becoming the world's first trillionaire as SpaceX targets a $1.8 trillion IPO
SpaceX has filed to sell shares at $135 each targeting a $1.8 trillion valuation in what would be the largest stock market debut in history.
Elon Musk's SpaceX warns IPO investors of potential share dilution
SpaceX has warned prospective IPO investors that future acquisitions could dilute their ownership stakes as the company targets a $1.75 trillion listing on Nasdaq.
A SpaceX-Tesla merger would create a $3.4 trillion giant that loses money every year
Elon Musk is weighing a potential merger of SpaceX and Tesla that would create the world's largest-ever company deal at $3.4 trillion.
SpaceX proxy fund investors want out before the June 12 IPO but may be trapped
Investors who rushed into SpaceX proxy funds want out as the June 12 IPO nears, but many face liquidity constraints that could leave them stuck until SPCX begins trading.