There is rarely a dull day for investors in Elon Musk's companies. Now that the SpaceX IPO is done (secondary market trading will start Friday), thoughts can turn back to the long-term plans Musk might have for his business empire. A merger with Tesla is on the table.
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Elon Musk is poised to become the world's first trillionaire. His company, SpaceX, is set to begin trading on the Nasdaq Friday. It sold around $75 billion of shares Thursday in an offering that valued Musk’s stake at around $690 billion.
Investing.com -- Elon Musk’s SpaceX on Thursday said that it has priced its initial public offering at $135 per share on Thursday, raising $75 billion in the largest IPO in U.S. history.
SpaceX on Thursday raised $75 billion in its IPO, valuing Elon Musk's company at around $1.77 trillion.
Tesla had a 2025 to forget all around, as the company reported its first-ever decline in revenue, along with its second consecutive year of falling sales. One of the EV maker's biggest issues was in Europe, where the company experienced major declines in the world's second-most-mature EV market. ...
SpaceX's planned $75 billion IPO could shape investor appetite for OpenAI, Anthropic and late-stage tech offerings
Nobody ever complains about gas station anxiety. You pull in, you fill the tank, you grab a coffee if the line is short, and you are gone in five minutes. That small block of time is the invisible benchmark every electric vehicle has to meet before the average American driver will seriously ...
Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.
General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.
Jim Chanos questions SpaceX's valuation as its New York IPO seeks to raise $75B on Friday.
According to a Reuters report, Chanos said that he believes SpaceX is not worth $1.75 trillion based on reasonable assumptions over the next five years.
The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
Investing.com -- New Street Research has initiated coverage of SpaceX with a 12-month price target of $165, representing 22% upside from the proposed IPO price and corresponding to a $2.3 trillion equity value following the company's potential acquisition of Cursor.
(Bloomberg) -- SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stock
Investing.com -- Oppenheimer said Thursday that it has raised its Tesla estimates given the SpaceX IPO but pushed back on the merger narrative gaining traction among investors, arguing that two separate public companies better serve CEO Elon Musk's long-term AI ambitions.
Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.
(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapH-1B Visa Ru
SpaceX is seeking to sell 555 million shares at $135 each, raising $75 billion and valuing the rocket maker at $1.77 trillion — making it one of the largest public companies.
Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.
SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.If all goes as expected, the space and rocket company co-founded by Musk in 2002 will begin trading on the Nasdaq exchange on Friday morning, with all eyes on how Wall Street will absorb the blockbuster IPO that could send tremors across global markets.
The U.S. launched fresh strikes on Iran on Wednesday, even as the war in the Middle East has stretched over 100 days now.
Recent filings clarify SpaceX's biggest growth opportunities.
Multiple social media users confirmed they received their vehicles in the past few days.
Elon Musk unveiled a more detailed look at an early version of an AI data-center satellite that SpaceX plans to build, offering new insight into one of the most ambitious projects underpinning the company's expected record initial public offering. Musk...
If your crowd likes to talk stocks, chances are the group chat has been busy lately: The SpaceX IPO might be the hottest topic with retail investors since shares of Nvidia began their rocket ride to a $5 trillion market cap.
Elizabeth Warren urged the SEC to delay the SpaceX IPO, but $150 billion in demand keeps Friday's Nasdaq debut on track.
Tesla stock was lower early Wednesday after a flare-up in tensions in the Middle East, leaving investors nervous. Shares of the electric-vehicle maker were down 1.5% at $390.91 in premarket trading, while and futures were down 0.8% and 0.7%, respectively. The move came after the U.S. military retaliated after Iran downed an Apache helicopter, threatening a fragile cease-fire.
SpaceX (NASDAQ:SPCX) is preparing for one of the most closely watched stock market debuts in recent history, with its upcoming listing expected to provide a major test of the so-called “Elon premium” that has helped propel Tesla (NASDAQ:TSLA) to among the highest valuations in the U. S.