Deepwater's Gene Munster said Musk's comments revealed deeper ties, with Tesla and SpaceX collaborating across Starlink, Terafab, Grok and Digital Optimus.
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Canadian National will support the UP-NS merger in exchange for improved access to markets in the U.S. Midwest and Mexico. The post CN and UP reach settlement on Norfolk Southern merger appeared first on FreightWaves.
An IPO doesn't just move the value of the new stock. Here's how the SpaceX IPO has impacted millions of passive investors.
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.
Many topics came up, including questions about a potential merger with Elon Musk's other trillion-dollar company, SpaceX. Tesla robo-taxis are running version 15 of the company's Full Self Driving, or FSD, software. The updated version is designed to improve self-driving capabilities.
Financial planners who serve newly liquid tech employees describe a predictable sequence of freeze, tax shock, real estate temptation, and slow diversification
Vertis is in advanced talks to buy eight road assets from Megha Engineering, valued at about $800 million including debt.
The European Union approved Paramount's $81 billion takeover of Warner Bros. Discovery this week, effectively clearing another regulatory hurdle for a mega merger that could vastly reshape the entertainment and media landscape worldwide. The European Commission — which serves as the EU's antitrust enforcer — said that even with a Paramount-Warner combo, enough competitors would exist across markets like film production and streaming in its 27-nation bloc. To address this, the Commission said Skydance-owned Paramount agreed to end its European Economic Area stake in United International Pictures — a longstanding venture with another major studio, Universal, that Paramount has used to distribute films in theaters outside North America.
Analysts expect new details on the lead-up to the deal “are likely to reignite” investor scrutiny that Vertex overpaid in what’s poised to be its largest-ever transaction.
Investing.com -- Apple’s trade secret lawsuit named OpenAI and io Products directly as defendants, alongside two former Apple employees, but the litigation is unlikely to derail OpenAI’s IPO plans, according to Ross Carmel, a partner and IPO expert at Sichenzia Ross Ference Carmel LLP.
David Vélez of Nubank and Robin Vince of BNY will join the boards of both the OpenAI Foundation and OpenAI Group PBC
Host Kenny Polcari, Hennion & Walsh CIO Kevin Mahn, and Neostellar Capital Corp Principal Willy Lee break down Apple's intellectual property lawsuit against OpenAI, how it exposes Apple's AI vulnerabilities, and why the legal battle could push the highly anticipated IPO to 2027.
SK hynix (SKHY) is considering acquiring Intel's (INTC) semiconductor campus in New Albany, Ohio, as
Short interest in the stock keeps climbing, but Musk says those betting against SpaceX have a ‘very low’ chance of surviving.
SpaceX is down 36% from its post-IPO high, but history says the stock has further to fall.
Before buying into the hype, pros say to skip the first-day frenzy, follow the revenue, and read the prospectus.
Elon Musk’s rocket and AI company has had a rocky debut. What’s ahead for the stock as lockup expirations loom.
Customers opened 1.4 million new brokerage accounts in the quarter and daily average trades hit a record 11.9 million.
Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was
Based on the tables and data, we can expect a lot of volatility
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
OpenAI has appointed two prominent financial executives from Nubank and BNY Mellon to its board of directors in preparation for a potential initial public offering.
A Berkshire acquisition from 10 years ago gives the Oracle of Omaha's conglomerate exposure to the data center proliferation trend.
OpenAI is adding David Vélez, founder and global chief executive of Nubank, a Latin American digital services firm, and Robin Vince, the chief executive of Bank of New York Mellon to its board of directors, the company said. Vince will chair the audit committee, OpenAI said. The company has worked to improve its corporate governance after a previous set of directors abruptly fired Chief Executive Sam Altman three years ago for what they described as a lack of candor in his communications, throwing the company into disarray.
SK Hynix recently completed a $26.5 billion secondary listing on the Nasdaq.
Financial advisors say most public companies underperform for at least a year post-IPO, and investors should ask themselves whether conviction or FOMO is driving their interest.
ESPN chairman Jimmy Pitaro said most of the cuts stem from the network's acquisition of NFL Network, which closed in April
Strong biotech returns, major pharma acquisitions and new IPO filings are reshaping the 2026 U.S. listing market.
SpaceX stock is down 45% from its highs and trades below its IPO price. Is this the contrarian buying opportunity patient investors have been waiting for?