General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.
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Yahoo Finance Senior Reporter Brooke DiPalma and Yahoo Finance Senior Business Reporter Ines Ferré outline what investors need to know about SpaceX's (SPAX.PVT) C-suite beyond CEO Elon Musk, including COO Gwynne Shotwell and CFO Bret Johnsen.
Tesla's (TSLA) stationary storage business could benefit from SpaceX's data center capacity spending
The stock market float on Wall Street is expected to raise 75 billion dollars (£56.2 billion) and could make Elon Musk a trillionaire.
The SpaceX IPO order book is closed. Retail investors will play a huge role in how the initial public offering goes. On Thursday, Bloomberg reported that retail investors have orders for some $70 billion worth of SpaceX stock.
Outside of purchasing a home, buying a car is the most expensive purchase most people will make in their lifetimes. Now, companies like Tesla and General Motors are developing technologies that will add value to their vehicles beyond just transportation. On June 9, General Motors announced that it ...
Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. 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. SpaceX has allocated an estimated 30% of its record-setting IPO to retail investors, much more than in a typical IPO.
New approvals in Belgium and Denmark strengthen Tesla's autonomous driving push.
Jim Chanos questions SpaceX's valuation as its New York IPO seeks to raise $75B on Friday.
TSLA's FSD Supervised gets approval in Denmark after reviewing Dutch certification, despite earlier concerns, expanding the system to a fourth EU market.
From EVs and robotaxis to charging networks and lithium, NIO, WeRide, ChargePoint and Lithium Americas offer exposure to the future of mobility.
Investing.com -- Super Micro Computer shares were in focus Thursday after Wolfe Research initiated coverage of the AI server maker with a Peer Perform rating, arguing that while the company is well positioned to benefit from surging demand for artificial intelligence infrastructure, a range of operational, financial and regulatory risks could limit upside.
According to a Reuters report, Chanos said that he believes SpaceX is not worth $1.75 trillion based on reasonable assumptions over the next five years.
The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
Investing.com -- New Street Research has initiated coverage of SpaceX with a 12-month price target of $165, representing 22% upside from the proposed IPO price and corresponding to a $2.3 trillion equity value following the company's potential acquisition of Cursor.
(Bloomberg) -- SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stock
While New Street Research analyst Pierre Ferragu went more conservative with no rating, analysts at KGI and Oppenheimer opted for a Buy rating.
Musk is expected to discuss a chip venture tied to Tesla, SpaceX, and ASML's lithography systems.
Just as Elon Musk is set to become the world's first trillionaire, Vanguard's S&P 500 ETF also is the first to hit $1 trillion-in-assets.
Scout Clean Energy has marked a significant stride in the energy transition landscape by opening a new office in Ottawa and commencing the construction of the Trail Road Battery Energy Storage System (BESS). This project, undertaken in partnership with the Algonquins of Pikwàkanagàn First Nation, aims to bolster grid reliability in response to increasing electricity demand. The planned 150 MW lithium iron phosphate (LFP) BESS represents an important development in energy infrastructure in...
Investing.com -- Oppenheimer said Thursday that it has raised its Tesla estimates given the SpaceX IPO but pushed back on the merger narrative gaining traction among investors, arguing that two separate public companies better serve CEO Elon Musk's long-term AI ambitions.
Tesla has recently expanded its unsupervised robotaxi service across the Austin metro area, while securing additional Full Self-Driving approvals in Europe and filing to produce Megapacks and Bento inverters under US foreign-trade zone procedures in Texas. These moves deepen Tesla’s shift from a pure EV manufacturer toward an AI-, software-, and energy-infrastructure platform, with new regulatory, operational, and cost implications for its autonomy and storage ambitions. We’ll now examine...
Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.
(Bloomberg) -- The initial public offering for SpaceX is poised to generate billions of dollars in profits for the fortunate few investors who got in early on Elon Musk’s rocket, satellite and artificial intelligence company.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulUS Strikes Iran in Trump Escalation Over Stalled Peace TalksTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapH-1B Visa Ru
SpaceX is seeking to sell 555 million shares at $135 each, raising $75 billion and valuing the rocket maker at $1.77 trillion — making it one of the largest public companies.