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Elon Musk, after DOGE and politics, bets on SpaceX IPO
AFP58d agoneutral
Elon Musk, after DOGE and politics, bets on SpaceX IPO

Elon Musk has become the most powerful, prolific and bewildering human on earth and is about to become the world's first trillionaire if his latest brainchild -- the IPO of his rocket and AI company SpaceX -- goes as planned.Without Musk, OpenAI would go on to become the dominant AI giant, and this year he lost a blockbuster lawsuit against the company and its CEO Sam Altman over Musk's claims that it had reneged on its original mission of being a non-profit working for AI to benefit humanity.

Wall Street sees AI trade bearing fruit with MANGOS ahead of IPOs
Yahoo Finance Video58d agoneutralVIDEO
Wall Street sees AI trade bearing fruit with MANGOS ahead of IPOs

MANGOS — no, not the tropical stone fruit — is the latest Big Tech acronym to be at the top of investors' minds ahead of 2026's biggest IPOs. MANGOS consists of Meta Platforms (META), Anthropic (ANTH.PVT), Nvidia (NVDA), Alphabet (GOOG, GOOGL), OpenAI (OPAI.PVT), and SpaceX (SPCX, SPAX.PVT). Yahoo Finance Senior Business Reporter Ines Ferré explains the latest AI tech groupings being coined by Wall Street analysts.

Investing.com58d agoneutral
Potential implications from SpaceX IPO for Tesla?

Investing.com -- With SpaceX set to go public this week, Wolfe Research is examining what the listing could mean for Tesla investors, particularly as speculation around a potential merger between the two Elon Musk-led companies gains traction on Wall Street.

Bloomberg59d agoneutral
Elon Musk Shows Detailed Design of AI Data Center Satellite

(Bloomberg) -- Elon Musk unveiled a more detailed look at an initial version of an AI data center satellite SpaceX plans to build, providing fresh insight into the ambitious project driving the company’s highly anticipated initial public offering.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalTrump’s $100,000 H-1B Visa Applicatio

Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg
Reuters59d agoneutral
Bolt, Stellantis, Pony.ai to launch autonomous vehicle test program in Luxembourg

Estonian vehicle sharing platform Bolt will launch its first ‌autonomous mobility test program in ‌Luxembourg in collaboration with carmaker Stellantis and Chinese ​robotaxi operator Pony.ai, the companies said on Monday. The announcement followed a joint declaration of intent signed by 18 ‌European Union member ⁠states on large-scale cross-border tests for autonomous vehicles under the ⁠European Automotive Action Plan. Their pilot program will focus on validating the safety, ​performance and ​regulatory readiness ​of Pony.ai's autonomous vehicles ‌in Luxembourg's traffic environment, the companies said.

Tesla Stock Rises Ahead of SpaceX’s Friday IPO
Barrons.com59d agoneutral
Tesla Stock Rises Ahead of SpaceX’s Friday IPO

Shares of the electric-vehicle maker were up 1.4% at $396.65 in premarket trading, while futures were up 0.4% and futures were down 0.1%. Investors are waiting to see if some investors will sell Tesla stock to buy SpaceX shares. Technical factors like that can create short-term price distortions.

Panasonic to start US data centre battery production by fiscal 2028
Reuters59d agoneutral
Panasonic to start US data centre battery production by fiscal 2028

Panasonic Holdings said on Monday it plans to ‌start mass production of battery ‌cells for data centre applications at a plant ​in the U.S. state of Kansas in the financial year 2028, which ends March 2029. • Panasonic Energy also plans to build a third plant in Mexico with mass production scheduled for the fiscal year 2028. • Panasonic ‌Energy CEO Kazuo Tadanobu ​said the unit's 950 ​billion yen ​sales target for data centre-related ‌energy storage systems in ​the 2028 ​financial year was a "minimum commitment", adding that the business would aim to ​lift sales ‌to more than 1 trillion yen.

“Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.
24/7 Wall St.60d agoneutral
“Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.

While much of the market is gearing up to chase the SpaceX listing on day one, Constellation Research Chairman Ray Wang appeared on CNBC’s Squawk Box this morning, June 5, with a different message for retail investors: “I would actually wait for the IPO and wait for the first dip and then come in,” Wang ... “Wait for the First Dip and Then Come In.” How Wall Street Experts Are Playing the SpaceX IPO.

JPMorgan Turns Rosy on Tesla a Day After Dimon Lauds Musk
Bloomberg62d agoneutral
JPMorgan Turns Rosy on Tesla a Day After Dimon Lauds Musk

(Bloomberg) -- The morning after Jamie Dimon offered Elon Musk an audience to talk up SpaceX, JPMorgan Chase & Co.’s new lead autos analyst completely changed the bank’s tune on Tesla Inc.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDCSaylor’s Bitcoin Machine Is Misfiring on Eve

Bloomberg62d agoneutral
SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500

(Bloomberg) -- Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch a

SpaceX IPO could turn Elon Musk into world's first trillionaire
Yahoo Finance Video62d agoneutralVIDEO
SpaceX IPO could turn Elon Musk into world's first trillionaire

Tesla (TSLA) CEO Elon Musk is just one week away from his next big venture: the IPO of his space company SpaceX (SPAX.PVT). This event will be enough to push Musk's net worth over the edge and make him the world's first trillionaire. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down Musk's net worth and some of the risks that Wall Street is floating around the IPO. SpaceX is slated to begin trading publicly on the Nasdaq next Friday, June 12, aiming for an IPO price of $135 per share.