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The companies are combining to create what they called the largest distributed power plant in the country.

Sunrun, Tesla, and Renew Home entered into an agreement to deliver more than 16 gigawatts of flexible energy capacity to hyperscalers and utilities.

The solar-energy company is partnering with home energy platform Renew Home and electric car maker Tesla to power data centers.

SpaceX isn't likely to generate the mammoth returns that Tesla has since going public.

Wolfe expects Tesla to deliver 420,000 vehicles in Q2, above the 400,000-unit consensus.

(Bloomberg) -- A startup backed by former Google Chief Executive Officer Eric Schmidt unveiled an industrial robot powered by artificial intelligence, as investors pile into the emerging field of humanoids. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealModi Warns of ‘Shortage of Trust’ Ahead o

Shares of Elon Musk's SpaceX rose ‌more than 10% ‌in premarket trading on Tuesday, putting ​the company on course to overtake Amazon.com in market value to become the ‌world's fifth‑largest ⁠company, as it extended a post-IPO rally. The ⁠stock, which surged more than 19% on Monday, ​was last ​up ​10.1% at $211.8, giving ‌the company a market capitalization of nearly $2.8 trillion if gains hold. Amazon was last valued at $2.66 trillion.

(Bloomberg) -- STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen Horm

The Dow index jumped to a new all-time intraday high on Monday, while the Nasdaq jumped to its best close since the end of March.

SpaceX shares surged 19% on debut, yet history shows many high-profile IPOs struggle after the initial excitement fades.

Tesla Inc. CEO Elon Musk is on the verge of becoming the world’s first trillionaire as his space venture SpaceX’s blockbuster initial public offering pushed his estimated fortune to within $29 billion of the historic milestone. SpaceX IPO Drives Musk’s...

SpaceX IPO may be popular, but there are better options available.

(Bloomberg) -- Friday’s debut share surge for SpaceX is bolstering the fortunes of one of Saudi Arabia’s richest men. Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata Balking at LossesPrince Alwaleed bin Talal’s investment firm Kingd

Cathie Wood's firm ARK Invest staked a large position in Elon Musk's SpaceX on Friday. The firm already has a huge chunk of Tesla stock.

U.S. stocks gained in midday trading after SpaceX shares began trading 11% higher than their IPO price.

It makes Tesla and X owner Mr Musk – already a billionaire – the world’s first paper trillionaire.

Shares of Elon Musk's SpaceX (SPCX) rallied 19% on Friday as the rocket and satellite company debute

The S&P 500, Nasdaq, and Dow Jones Industrial Average indices are recovering after the days-long sell-off in tech stocks.

Alex Sacerdote, founder of Whale Rock Capital, dropped a line on a recent Invest Like the Best episode that stopped listeners cold: “When we were buying Nvidia in 2023, we were paying 4 times earnings. When we bought Tesla in 2019 for the car S-curve, we were paying 5 times earnings. When we were owning ... Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’

Tesla retail sales in China grew 22% year-over-year in May, ending a two-month decline. Tesla stock rose modestly early Monday after diving last week.

Tesla bear JPMorgan revised its view on Elon Musk's electric vehicle company. The stock is down about 4% this week.

(Bloomberg) -- If SpaceX’s IPO goes off as planned, it’ll be a pivotal moment for many of the company’s thousands of employees, who’ll finally be able to sell shares into the public market.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every Cylinder‘Sell Indonesia’ Sweeps Trading Desks as Prabowo Tightens GripGlazer Family Members Study Manchester United Stake SaleBloomberg Retracts Incorrect Story on RBI GoldThat prospect

The IPO may happen as soon as June 12.

Elon Musk-led SpaceX‘s upcoming IPO could trigger retirement funds, including 401 (k) accounts, worth trillions to invest in the commercial space flight giant following its June public listing. $30 Trillion Worth Of Retirement Funds In a post on X on...

The S&P 500's rebound looks a lot thinner once AI enablers are stripped out.

Musk defended SpaceX's lofty valuation, noting that Tesla's IPO market cap was just 0.1% of its current $1.3 trillion value.

Memory chip inflation is just beginning, Berkshire Hathaway buys homebuilder in CEO Abel’s first takeover, and other news to start your day.

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Memory-chip demand tied to AI infrastructure pushes Micron above the trillion-dollar threshold for the first time.

Rocket Lab, AST SpaceMobile Rally as SpaceX IPO Excitement Builds