Chinese robot maker Unitree Technology is expected to be valued at more than 50 billion yuan ($7.4 billion) after its planned Shanghai IPO, according to a report by Citic Securities, which is sponsoring the initial public offering. Citic Securities expected the Hangzhou-based company to be worth 50.6 billion to 55.9 billion yuan six to 12 months after listing later this month. The valuation report, distributed to investors and seen by Reuters, is largely seen as guidance ahead of Wednesday's IPO price enquiry.
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Elon Musk’s net worth continued to plunge this week as shares of his two flagship companies, Tesla and SpaceX, retreated amid swirling merger speculation, with traders also positioning ahead of SpaceX’s upcoming earnings report. Elon Musk Net Worth is Down...
Tesla Inc. CEO Elon Musk has dismissed reports of the EV giant mulling the sale of its Chinese arm that could have reportedly paved the way for a potential merger with Space Exploration Technologies Corp.. Elon Musk Says Sale Has...
Is the space stock finally a buy?
Elon Musk's net worth has fallen below where it stood before SpaceX's initial public offering priced
“If you’re a SpaceX shareholder—if you like it or not, you’re going to get Tesla.
Tesla had already reportedly prepped for the idea in the event that Beijing invades Taiwan.
The Wall Street Journal reports some Tesla executives have been told to prepare for a separation of the company's China operations
The Wall Street Journal reports Tesla is considering selling its China business to facilitate a future merger with SpaceX.
Elon Musk has rejected a Wall Street Journal report claiming Tesla is considering selling or spinning off its China business for a potential merger with SpaceX, labeling the story “fake news.” Tesla’s China unit has also dismissed the claims as false. Ad Ad Elon Musk Calls WSJ Report on Tesla China Unit as “Fake News”
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
July 30 (Reuters) - Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a
The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.
SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.
UBS estimates SpaceX could spend about $135 billion on wafer-fab equipment over five years for Terafab.
RBC sees major AI synergies and trillion-dollar chip savings
SpaceX stock trades below its IPO price before a big August share unlock. Meta's 2012 crash shows what happens next.
Tesla influencer AleXandra Merz expects a potential Tesla-SpaceX merger to take seven to 12 months to complete.
The market has spent the past two years rewarding companies tied to artificial intelligence, robotics, and next-generation infrastructure. Investors are increasingly looking beyond a company’s original business and looking more closely at which ecosystem is building it. That shift is key because some of today’s biggest winners no longer fit neatly into a single industry. ... Historic Tesla and SpaceX Merger Looks More Likely. Is This Sell-Off Your Best Buying Opportunity Yet?
Deepwater's Gene Munster said Musk's comments revealed deeper ties, with Tesla and SpaceX collaborating across Starlink, Terafab, Grok and Digital Optimus.
Tesla CEO Elon Musk on Wednesday left the door open to the EV maker merging with his other trillion-dollar-plus-valued firm SpaceX, declining to dismiss the possibility and citing growing overlap between the companies. “As you can tell from the many collaborations on so many fronts with SpaceX, there’s more and more overlap,” Musk said on Tesla's earnings call. “We can't talk about, you know, combining companies and that kind of thing on an earnings call," he added.
Elon Musk addresses shareholder questions about a potential merger between Tesla (TSLA) and SpaceX (SPCX), noting their growing operational overlap before deferring to Tesla's General Counsel, who highlights their strategic partnership and joint work on initiatives like Terafab and Digital Optimus.
Elon Musk's companies have significant upside potential but also face substantial risks.
SpaceX stock continues to dominate headlines following scrapped plans for a Starship test flight. Thursday night's stoppage comes as SpaceX shares plumb new lows.
SpaceX stock has lost altitude recently, creating an opportunity for Cathie Wood’s ARK Invest. ARK is a big believer in Elon Musk. Coming into Thursday trading, SpaceX stock was down for three consecutive days and seven of the past nine days, leaving shares just 27 cents above the $135 IPO price.
Robinhood executives Stephanie Guild and Steve Quirk join Yahoo Finance Executive Editor Brian Sozzi to break down the unprecedented wave of upcoming AI and SpaceX IPOs, the risks of the "Magnificent Seven" market concentration, and why a looming $150 oil shock could test the stock market this summer.
Traders on Polymarket have sharply scaled back bets that a Tesla-SpaceX merger will be announced this year, even as Wall Street analysts insist a tie-up is only a matter of time. The prediction market now puts just an 11% chance on an official announcement by 30 September, down 28 percentage...
The investor said a combined company could use one balance sheet and capital structure to fund Elon Musk’s broader ambitions.