By some metrics, Musk even has iconic oil tycoon John D. Rockefeller beat.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
US stocks surged to a record high on Monday after the United States and Iran announced a tentative deal to end the conflict in the Middle East and reopen the Strait of Hormuz.
SpaceX Rockets Higher as Musk Targets $1 Trillion in Sales
By Karen Roman Enhanced Group Inc. (NYSE: ENHA) said it closed a $50 million private investment in public equity financing. The transaction was led by Apeiron Investment Group, Enhanced co-founder […]

Scott Melker breaks down how institutional players and corporate giants are aggressively shifting their financial playbooks toward tokenized assets and multi-billion-dollar crypto reserves despite a slump in retail trading volume. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Scott Melker discusses the crypto market trading volume hitting two-year lows and the drivers behind it. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Two SpaceX (SPCX) retail investors who bought shares at the initial public offering (IPO), Tamar June and Shane Williams, join Yahoo Finance to explain the process, what drew them to the company, and their future plans with the stock.
New IPO millionaires better pump the brakes on high-end home expenditures.
SpaceX is an AI company. And AI companies need to buy memory from Sandisk.
SpaceX underwriters fully exercised their option to purchase an additional 83.3 million shares, representing 15% of the original offering.
Nvidia is the latest company to tap Wall Street for the AI boom it helped create.
Gigascale Capital Founding Partner & Former Meta (META) CTO Mike Schroepfer joins Julie Hyman on Market Catalysts to discuss the energy bottleneck facing the AI buildout and where he believes the massive power needed for next-generation data centers will come from first.
There are a lot of signs pointing toward a SpaceX-Tesla merger, but also many issues that would need to be ironed out.
Let the eye-opening valuations for SpaceX begin!
It's simpler than you might think to build long-term wealth in the stock market.
All three major US stock indexes were up in late-morning trading Monday, after President Donald Trum
null
Yahoo Finance Senior Reporter Brooke DiPalma discusses Opening Bid's Stock of the Day," SpaceX (SPCX) as the company begins to reshape the space industry. Joined by B. Riley Wealth Chief Market Strategist Art Hogan, Yahoo Finance Senior Business Reporter Ines Ferré, and Markets & Data Editor Jared Blikre.
The SpaceX IPO has sent a clear signal to markets.
Remember when a $1 trillion market cap was a big deal?
SpaceX's IPO underwriters maxed out their share purchases, adding to an already historic amount of money raised.
A CNBC segment that ran last week opened with a sentence you do not normally hear from a buyer. “It’s stupid. It’s unreasonable… The valuation is really, really aggressive, in my opinion,” said Marvin Jung, a regional director of operations in veterinary care. Then he told CNBC he had requested roughly 1,000 shares of SpaceX ... Why Retail Investors Are Piling Into the SpaceX IPO Despite a Historic $2.1 Trillion Valuation
SpaceX (NASDAQ:SPCX) at $160.95 presents an interesting entry-point question on any macro-driven post-IPO consolidation at or below $140. With the stock fresh off its trillion-dollar debut, price discovery is barely underway, and the entry point chosen now defines returns for years. SpaceX runs three businesses: launch, Starlink connectivity, and a newly acquired AI compute arm ... Buy, Hold, or Sell: SpaceX Surged Past a $2 Trillion Valuation in Its Debut. Is SPCX an Absolute Buy on Its First P
SpaceX stock jumped 17% on Monday, giving the shares a two-day pop of over 35% since the rocket company's market debut on Friday.
SpaceX stock jumped 17% on Monday, giving the shares a two-day pop of over 35% since the rocket company's market debut on Friday.
SpaceX stock jumped nearly 8% in early trade, giving the shares a two day pop of over 25% since the rocket company's market debut on Friday.
SpaceX was the largest IPO in history surpassing $2.1 trillion market cap
SpaceX raised $85.7 billion in its IPO, the company said in a press release Monday. That’s up from the $75 billion that SpaceX initially sold in its public offering on Friday. The additional proceeds come from underwriters exercising their so-called “green-shoe option,” an overallotment of 83.
Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a deal to end the Middle East war and reopen the Strait of Hormuz, sending a wave of relief through global markets.The strait, through which roughly 20 percent of the world's crude oil supply normally transits, was effectively closed by Tehran after the US and Israeli strikes on Iran in late February, sending energy prices soaring.