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Tesla Wobbles as SpaceX IPO Sparks Investor Shift Fears
The march of trillicorn initial public offerings doesn’t portend doom for investors. But it’s worth keeping an eye on just the same.
SpaceX shares opened at $150 on Friday, June 12, and popped above its IPO price of $135 per share, making Elon Musk the world's first trillionaire.
On a recent Diet TBPN segment, co-host John Coogan read at length from an Economist piece making a striking claim about where corporate America now lives. The thesis, quoted directly: “Texas is steadily establishing itself as America Inc.’s new center of gravity. No state receives more business investment or is adding more people to its ... Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’
Investing.com -- Tesla Inc (NASDAQ:TSLA) shares fell about 2% on Friday as investor attention moved to the market debut of SpaceX.
Elon Musk's SpaceX (SPCX) began trading on the Nasdaq after its IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Yahoo Finance Executive Editor Brian Sozzi and Market Catalysts Host Julie Hyman to discuss the public debut, making SpaceX the second Elon Musk-run company to premiere on the Nasdaq.
(Updates with recent stock movement in first and second paragraph.) Space Exploration Technologie
SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion. According to CNBC’s Melissa Lee, that places SpaceX as the seventh most valuable U.S. company, ahead of Tesla (NASDAQ:TSLA), and pushes Elon Musk to the edge ... SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.8 Trillion Valuation
Shares of SpaceX (NASDAQ:SPCX) are up 30% in midday trading Friday after the company completed the largest IPO in history. SPCX stock traded near $175, well above the $150 open and the $135 IPO price set Thursday night. This ranks among the most closely watched NASDAQ debuts in years. The SpaceX session has been volatile ... SpaceX Soars 30% in Record $75 Billion Debut as Elon Musk Becomes the World’s First Trillionaire
Tesla (NASDAQ: TSLA) and BYD (OTC: BYDDF) sit on opposite sides of the global EV map. Tesla’s Q1 2026 report delivered a margin rebound and another lift in AI subscriptions. BYD, the Shenzhen volume leader, is being repositioned by Beijing’s anti-involution campaign aimed at consolidating EV winners. Both names have slid this year, making the ... Tesla vs BYD: The Better EV Stock To Buy In June
His fortune has been boosted by the sky-high valuation of his rocket and artificial intelligence firm SpaceX on its stock market debut.
Tesla stock rose on Friday after SpaceX went public.
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 rocket and satellite company raised $75 billion in the largest IPO ever, valuing SpaceX at $1.77 trillion at its offering price
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
GLJ Research said Tesla’s second-quarter deliveries could rise 19% sequentially, mainly due to selling off excess inventory from the previous quarter.
SpaceX has finally gone public in the largest IPO in U.S. history.
Taiwan manufacturing capacity Taiwan is the world’s most critical semiconductor manufacturing hub. In 2025 its economy grew by 8.68% and it exported around $550B, growing at a staggering rate of 34% YoY. Electronics traditionally represent around 33% of the total. With the increase in CAPEX by the American and Chinese AI industry, the Taiwanese exports ... If You Missed The Korean AI ETF Boom There Are The 2 Taiwanese Options With Direct Exposure To The Supply Chain
General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e
Laffer Tengler Investments CEO & CIO Nancy Tengler joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the broader implications of the SpaceX (SPCX) IPO, from its impact on investors to what the company's public debut could mean for innovation, markets, and society.
SpaceX (SPCX) CEO Elon Musk was propelled to trillionaire status — the first-ever in history — on Friday as SpaceX's initial public offering (IPO) became the latest addition to his publicly traded corporate empire. Morning Brief host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss.
Space Exploration Technologies (SPCX) going public is an important moment for the broader technology
Tesla shares swung between gains and losses after the open, recently trading modestly lower. Elon Musk’s army of retail investor fans have long supported Tesla shares, and some analysts have raised concerns that traders defecting to SpaceX could put pressure on Tesla.
(Bloomberg) -- SpaceX’s historic $75 billion IPO drew more than $350 billion in demand from institutions and retail investors, according to people familiar with the matter.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekTrump Insists Iran Deal Is Close After Scrapping New StrikesUAE and Iran Meet Face-to-Face to Try to Deescalate TensionsThe lar
The big day is here as SpaceX (SPCX) prepares to go public on the Nasdaq via its historic IPO. Elon Musk's space operator raised $75 billion after pricing 555,555,555 shares at $135 each. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Trustless Media Founder Zack Guzman to discuss SpaceX's IPO pricing.
When SpaceX goes public with a valuation of $1.75 trillion, it will be worth slightly more than Tesla (NASDAQ: TSLA), which has a market cap of $1.5 billion. Of course, if SpaceX’s stock soars, the difference could become bigger. Despite Tesla’s position in the global EV business and $95 billion in revenue last year, it ... No One Cares About Tesla Anymore