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Asia stocks up, oil down on Mideast deal hopes
AFP57d agobullish
Asia stocks up, oil down on Mideast deal hopes

Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days."Donald Trump's rhetoric flipped intraday from strike risk and hard military language toward no immediate attack, high-level diplomacy with Iran and talk of a deal being close enough to sign as soon as this weekend in Europe, with Vice President JD Vance expected to attend," said Stephen Innes at SPI Asset Management.

SpaceX IPO set for liftoff in record market debut
AFP57d agoneutral
SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.SpaceX is the first out of the gates among leading AI giants eyeing public markets, with OpenAI and Anthropic both recently filing initial documents with regulators.

SpaceX Tesla Merger Odds Are Rising
Barrons.com57d agoneutral
SpaceX Tesla Merger Odds Are Rising

There is rarely a dull day for investors in Elon Musk's companies. Now that the SpaceX IPO is done (secondary market trading will start Friday), thoughts can turn back to the long-term plans Musk might have for his business empire. A merger with Tesla is on the table.

Tesla Robotaxi Rollout And FSD Expansion Test Rich Valuation Narrative
Simply Wall St.57d agoneutral
Tesla Robotaxi Rollout And FSD Expansion Test Rich Valuation Narrative

Tesla launched an unsupervised robotaxi service across the Austin metropolitan area, marking one of the first commercial scale driverless ride hailing deployments. The company gained additional European Union approvals for its supervised Full Self Driving software, including in Belgium and Denmark. Ticker: NasdaqGS:TSLA, with a recent share price of $381.59 and a 1 year return of 16.9%. Tesla, trading under NasdaqGS:TSLA, is pushing further into autonomous mobility with its new robotaxi...

Musk Poised to Be the World’s First Trillionaire
The Wall Street Journal57d agoneutral
Musk Poised to Be the World’s First Trillionaire

Elon Musk is poised to become the world's first trillionaire. His company, SpaceX, is set to begin trading on the Nasdaq Friday. It sold around $75 billion of shares Thursday in an offering that valued Musk’s stake at around $690 billion.

Elon Musk Is (Still) a Trillionaire
Barrons.com57d agoneutral
Elon Musk Is (Still) a Trillionaire

SpaceX priced its IPO, valuing the company at about $1.8 trillion. That values Musk's stake at about $866 billion. Combined with his Tesla position, Musk is worth roughly $1.1 trillion, according to Barron's.

Why Elon Musk is the 'king of big ideas'
Yahoo Finance Video57d agoneutralVIDEO
Why Elon Musk is the 'king of big ideas'

Elon Musk's SpaceX (SPAX.PVT) is on the launchpad, just one day away from its scheduled IPO. TrueCar Founder Scott Painter — an early Tesla (TSLA) advisor who sold Musk his Bel-Air mansion in 2020 — discusses his first-hand experiences witnessing Musk's leadership and vision as he seeks to expand his corporate empire. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

Tesla adds to winning streak in critical area
TheStreet57d agoneutral
Tesla adds to winning streak in critical area

Tesla had a 2025 to forget all around, as the company reported its first-ever decline in revenue, along with its second consecutive year of falling sales. One of the EV maker's biggest issues was in Europe, where the company experienced major declines in the world's second-most-mature EV market. ...

The fastest EV charger in the world isn’t coming to America
TheStreet57d agoneutral
The fastest EV charger in the world isn’t coming to America

Nobody ever complains about gas station anxiety. You pull in, you fill the tank, you grab a coffee if the line is short, and you are gone in five minutes. That small block of time is the invisible benchmark every electric vehicle has to meet before the average American driver will seriously ...

Tesla, Inc. (TSLA) Is A Top Stock In Ken Griffin’s Portfolio
Insider Monkey57d agoneutral
Tesla, Inc. (TSLA) Is A Top Stock In Ken Griffin’s Portfolio

Tesla, Inc. (NASDAQ:TSLA) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. While electric vehicle giant Tesla, Inc. (NASDAQ:TSLA)’s shares are up by 32% over the past year, year-to-date, they are down by 6.6%. As per Reuters, the firm is progressing well with its unsupervised robotaxi service. On June […]

Tesla Stock Needs the SpaceX IPO to Happen Already
Barrons.com57d agoneutral
Tesla Stock Needs the SpaceX IPO to Happen Already

Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.

Long-term SpaceX investors shouldn't be 'optimistic,' expert says
Yahoo Finance Video57d agoneutralVIDEO
Long-term SpaceX investors shouldn't be 'optimistic,' expert says

Zebra Capital Management's chairman and director of research, Roger Ibbotson, joins Yahoo Finance to explain some of his concerns surrounding SpaceX's (SPAX.PVT) initial public offering (IPO). Ibbotson is also a professor emeritus of finance at Yale University.

The Number That Complicates The Tesla Stock Story
Trefis57d agoneutral
The Number That Complicates The Tesla Stock Story

For any holder of Tesla (TSLA) stock, the long-term vision is captivating: a future of AI, robotics, and autonomous fleets. Management is backing this with a planned capital expenditure of over $25 billion for 2026. But while the company invests in a revolutionary tomorrow, one number from today’s financial reality deserves your full attention.

Tesla Is Worth More Than The Next 10 Car Companies Combined
24/7 Wall St.57d agoneutral
Tesla Is Worth More Than The Next 10 Car Companies Combined

Tesla (NASDAQ: TSLA) is not worth more than all the world’s car companies combined, although this is often raised in a “fake news” sort of way. A more accurate way to make the calculation is to note that the figure is close to 10x, or maybe slightly more, in aggregate. The numbers are still staggering. ... Tesla Is Worth More Than The Next 10 Car Companies Combined