A broad market selloff pushed Musk's net worth below $1 trillion, to $957 billion, according to Bloomberg
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An analysis of 30 of the most-hyped, tech-driven initial public offerings (IPOs) since May 2012 bodes poorly for SpaceX.
SpaceX (NASDAQ:SPCX) continued to recover in premarket trading on Wednesday after rebounding from losses that briefly pushed the stock below its post-IPO opening price. Shares closed Tuesday up 0.
Elon Musk is no longer a trillionaire after a global rout in tech shares wiped $500bn (£379bn) off his fortune.
Elon Musk is no longer a trillionaire after a global rout in tech shares wiped $500bn (£379bn) off his fortune.
The stock market selloff this week has been painful for investors but spare a thought for Elon Musk. The SpaceX and Tesla CEO has already lost his trillionaire status following a sharp drop in the share price of both companies. Tesla’s 5.8% drop Tuesday took Musk’s net worth to $957 billion, according to the Bloomberg Billionaires Index.
The “Magnificent Seven” plus Broadcom and Oracle have lost roughly $2.7 trillion in market value in June, according to Yahoo Finance analysis, as investors take a harder look at the companies funding the AI build-out.
Tesla is better than SpaceX, and once SpaceX realizes this, it just might buy Tesla.
SpaceX, and Tesla have been highlighted in this Investment Ideas article.
SpaceX and Tesla have no shortage of big ideas, and putting both companies under one umbrella could make the most sense for long-term investors.
The global investment bankJefferies just added a fresh twist to the Tesla (TSLA) stock debate. According to TheFly, veteran analyst Philippe Houchois kept his cautious stance on Tesla, but his latest take goes beyond deliveries, margins, robotaxis or EV demand. His concern is tied to SpaceX ...
NatPower and Tesla have signed a multi-year agreement to deploy more than 25 GWh of battery storage across Europe.
Investor Ross Gerber of Gerber Kawasaki has hailed Alphabet Inc.-backed Robotaxi service Waymo ahead of Elon Musk-led Tesla Inc., saying the former is better at navigating Los Angeles traffic. Can Tesla Catch Up? In a post on X on Sunday, Gerber shared that he had been using Waymo recently to commute. The Gerber Kawasaki co-founder shared that the Robotaxis drove better than human drivers in LA. “Interestingly they’ve trained it to avoid some difficult areas and turns where tesla tries and fails
Tesla Inc. wants to sell modular artificial intelligence data center hardware, according to a new trademark application for a product called "Megapod," which points to the automaker’s next possible AI infrastructure push. Tesla Files Intent To Use Megapod Trademark The filing was first spotted Saturday by X user @xdNiBoR, which describes a complete, self-contained computing system for AI workloads, less than a year after Tesla shut down Dojo, its only in-house AI training computer. Tesla filed t
Shares of digital insurance provider Lemonade (NYSE:LMND) jumped 1.4% in the afternoon session after the company announced the expansion of its Autonomous Car insurance product to Colorado.
Tesla registered 21,767 new passenger cars last month in the EU, compared to 8,623 units in May 2025, according to data from the European Automobile Manufacturers’ Association (ACEA).
Space Exploration Technologies Corp. and Tesla Inc. CEO Elon Musk says the world economy could grow up to 10 times its current size in the next decade, barring a scenario wherein there is another world war. Musk Shares Bullish Prediction In a conversation with influencer Peter Diamandis on Saturday, Musk shared that the world economy could grow by 10 times its current size by 2036. The Tesla CEO called it a “fairly comfortable” prediction in his appearance. “If there’s World War III or something
UBS raises deliveries estimates for Tesla -- and thinks the stock will fall 10%.
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 4.8% in the morning session after sentiment weakened following a fresh federal safety probe into its driver-assistance software as the broad tech/AI selloff continued to weigh on the Magnificent Seven.
Automotive execs tout automated driver assistance systems like Ford BlueCruise, General Motors Super Cruise, and Tesla Full Self-Driving (Supervised) as the ultimate key to unlocking safer roads. There were more than 40,000 motor vehicle-related deaths in 2023, according to the Insurance Institute ...
Tesla registrations more than doubled in May, supported by strong growth in Germany and the UK.
Think SpaceX is just a rocket company? Think again. SPCX has evolved to dominate global telecom, AI infrastructure, and the modern space economy.
Tesla disputed claims that its driver-assistance software caused a fatal crash in Texas after a Model 3 left the road, plowed through a brick house at high speed, and killed a woman inside.

Tesla (TSLA) is facing a federal investigation into a fatal car crash in Texas, in which the driver claimed that Tesla's full self-driving (FSD) was engaged. Yahoo Finance Senior Autos Reporter Pras Subramanian chats with Yahoo Finance's Julie Hyman about what we know so far.
The multiyear agreement covers 25 GWh of battery storage across Italy and Britain
BYD Overtakes Expectations as Tesla Roars Back in Europe's Growing EV Market
U.S. safety regulators are reviewing a fatal Model 3 crash in Texas.
Electric vehicles continue taking market share.
Tesla (NASDAQ:TSLA) stock is having a difficult session, falling 5% to $383 even as other electric vehicle (EV) names are showing far more resilience. Meanwhile, Lucid Group (NASDAQ:LCID) stock is up 1% to $5.22, and Rivian Automotive (NASDAQ:RIVN) stock is down just 1% to $14.99. The divergence is notable because Tesla often serves as a ... Tesla Declines 5% While Lucid and Rivian Hold Steady: What’s Going On With EV Stocks Today?