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Elon Musk’s Boring Company Eyes $20 Billion Valuation in New Funding Round
The Wall Street Journal13d agoneutral
Elon Musk’s Boring Company Eyes $20 Billion Valuation in New Funding Round

Elon Musk’s tunneling startup, the Boring Company, is in talks to raise new funding that would value it at around $20 billion, according to people familiar with the discussions. The funding round hasn’t closed and the people cautioned that the terms could change. Steve Davis, president of the Boring Company, didn’t respond to requests for comment.

Elon Musk confirms former trillionaire status as SpaceX plunges 50%
TheStreet13d agobearish
Elon Musk confirms former trillionaire status as SpaceX plunges 50%

On July 24, Elon Musk confirmed on X that he is now a former trillionaire. The tech tycoon's wealth skyrocketed following the initial public offering (IPO) of SpaceX (Nasdaq: SPCX) more than a month ago on June 12. The space technology and artificial intelligence (AI) company also ...

SpaceX Lands With a Thud
Barrons.com13d agoneutral
SpaceX Lands With a Thud

Just over a month since its initial public offering, SpaceX has delivered one of the weakest post-debut performances of any major U.S. listing since the end of the 2008-2009 financial crisis. A Barron’s analysis found that the stock performed worse than 90% of other U.S. IPOs with market capitalizations of $1 billion or more since July, 2009. Over the first 27 trading days, SpaceX was down 23% from its first day closing price of $161.

SpaceX reschedules Starship launch to tonight, while ceasing Falcon rocket orders
Yahoo Finance Video13d agoneutralVIDEO
SpaceX reschedules Starship launch to tonight, while ceasing Falcon rocket orders

The launch of SpaceX's (SPCX) Starship rocket has been rescheduled to tonight — Friday, July 24 — after ignition failures led to last week's launch being canceled. Yahoo Finance Senior Transports Reporter Pras Subramanian joins Brooke DiPalma in assessing SpaceX's latest decision to stop producing its Falcon rockets, according to Bloomberg. SpaceX is on track to close out Friday's session with another week of losses after already falling below its IPO price.

Elon Musk’s Companies Hit Headwinds
The Wall Street Journal13d agoneutral
Elon Musk’s Companies Hit Headwinds

Elon Musk’s July slump is getting worse today. Tesla and SpaceX, the companies that helped Musk achieve trillionaire status last month, are now moving in the opposite direction, cutting his wealth by billions.

Bloomberg13d agoneutral
SpaceX at $100 Would Imply Zero AI Value, Morgan Stanley Says

(Bloomberg) -- The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump Rebuilds Tariffs With New Levies on 60 EconomiesSpaceX Turns Away Falcon C

Investing.com13d agoneutral
Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion

Someone should check on Elon Musk. The world’s richest person is bleeding billions as his 42% stake in SpaceX (NASDAQ: SPCX) has shed roughly half its peak value in just five weeks, Since Space Exploration Technologies went public in a historic $75 billion IPO on June 12, 2026, the stock has gone on a brutal, value-shredding ride. Priced at $135 per share, SPCX surged to an all-time high of $225.64 on June 16 before violently reversing course. As of Friday, the stock is trading at $112.96—down 4

Elon Musk's Starship Tries Again Today After Engine Abort, Weather Scrub: What Prediction Markets Say About Flight 13
Benzinga13d agoneutral
Elon Musk's Starship Tries Again Today After Engine Abort, Weather Scrub: What Prediction Markets Say About Flight 13

Elon Musk’s Space Exploration Technologies Corp. (NASDAQ:SPCX), aka SpaceX, will attempt to launch Starship for the third time in nine days this evening, after an engine abort on July 16 and a weather scrub on Thursday kept the rocket grounded. The window for Flight 13 opens at 6:45 p.m. EDT at Starbase, Texas. Neither stage will be recovered, with the Super Heavy booster and Starship upper stage targeting controlled splashdowns in the Gulf of Mexico and Indian Ocean. • SpaceX stock is showing n

Investing.com13d agoneutral
HSBC starts SpaceX at Hold, sees execution risks tempering long-term AI ambitions

Investing.com -- SpaceX's strong position in commercial space launches and satellite connectivity provides a solid foundation for long-term growth, but ambitious plans in artificial intelligence and full vertical integration face significant technological and execution hurdles, HSBC said as it initiated coverage with a Hold rating and a $115 price target, broadly in line with the stock's current trading price.