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SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla
Bloomberg124d agoneutral
SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights
MarketBeat126d agoneutral
Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights

Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said

Reuters129d agoneutral
Rivian spinout Mind Robotics valued at $3.4 billion in new funding round

Mind Robotics, a spinout from Rivian, was valued at $3.4 ‌billion in a new funding round, ‌up from the $2 billion valuation it secured during its ​Series A raise in March, according to a source familiar with the matter. The industrial robotics startup has raised $400 million in the Kleiner Perkins-led ‌round, bringing its ⁠total funding to more than $1 billion in less than a year. • New investors in the round include Meritech Capital, Redpoint Ventures, SV Angel, Incharge ​Capital, A-Star ​Capital, and Garuda ​Ventures.

Rivian CEO’s Robotics Spinoff Raises $400 Million
The Wall Street Journal129d agoneutral
Rivian CEO’s Robotics Spinoff Raises $400 Million

Mind Robotics, the startup founded by Rivian Chief Executive RJ Scaringe, raised an additional $400 million from investors on Wednesday, the latest bet on an AI-powered bot revolution in manufacturing. The startup has now raised more than $1 billion to pursue its plan to develop industrial robots for vehicle production and beyond. Mind Robotics, founded late last year, is teaming up with Rivian to train and deploy hundreds of smart robots in the carmaker’s factory in Normal, Ill., with the goal of eventually becoming a supplier to broader manufacturing sectors.