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Elon Musk is poised to become the world's first trillionaire when SpaceX stock debuts next week, with the company's target IPO price valuing his stake at a considerable $866.5 billion on paper.
The bank's new analyst shifted focus to Tesla's robotics and autonomous driving potential, away from its slowing EV business
It’s big news as the buzz gets louder surrounding the most publicized IPO in years. CNBC reporter Robert Frank reported on June 5 that SpaceX’s IPO is set to price next Friday, June 12, at $135 per share. The deal would potentially lift Tesla (NASDAQ:TSLA) CEO Elon Musk’s net worth past $1 trillion, crowning him ... SpaceX’s IPO is Set to Make Elon Musk a Trillionaire. Here’s 4 Key Figures That Will Become Billionaires.
S&P Dow Jones Indices stated that it will not be changing its rules to fast-track SpaceX (SPAX.PVT) and other mega-IPOs into the S&P 500 index (^GSPC). Morning Brief Host Julie Hyman and Vanity Fair contributing editor Bethany McLean discuss SpaceX's valuation in the lead up to the space company's public launch a week from now. JPMorgan Chase (JPM) CEO Jamie Dimon hosted Elon Musk as part of SpaceX's (SPAX.PVT) pre-IPO roadshow, as the company sets its sights on an IPO price of $135 per share next Friday, June 12.
Tesla bear JPMorgan revised its view on Elon Musk's electric vehicle company. The stock is down about 4% this week.
Gupta shifts the valuation framework to robotics and autonomy to justify the upgrade
Few IPOs in history have generated as much excitement as SpaceX‘s planned June 12 debut on Nasdaq under the ticker SPCX. The company is targeting a valuation of $1.75 trillion, putting it in the top 10 largest companies in the world by market cap — above Tesla‘s (NASDAQ:TSLA) current $1.57 trillion and within striking distance ... SpaceX Reveals It’s Really an AI Company — and That Changes Everything for Investors
On CNBC’s Squawk Box on June 4, 2026, Andrew Yang, CEO of Noble Mobile and founder of the Forward Party, made a candid admission about how AI is reshaping his own company and called for a sweeping change to how the U.S. taxes automation. When he was asked whether companies are cutting entry-level hiring because ... AI CEO On CNBC: ‘We Are Replacing Junior Employees with AI.’ The Only Solution is a Tax on AI and Robots
Pre-Market Stock Futures: Futures are trading mixed on Friday as we prepare to close out one of the craziest weeks on Wall Street this year. On a day when we saw yet another all-time high, investors rotated out of chip stocks and into healthcare and industrials after Broadcom (NASDAQ: AVGO) posted disappointing results. When the ... Here Are Friday’s Top Wall Street Analyst Research Calls: Airbnb, Broadcom, Chipotle Mexican Grill, CrowdStrike, Fiserv, Lululemon Athletica, NVIDIA, Tesla, Walmart,
(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
Tesla stock has one less Sell rating. J.P. Morgan analyst Rajat Gupta on Friday upgraded Tesla to Hold from Sell. Gupta recently took over coverage for Ryan Brinkman, who was a longtime Tesla bear.
SpaceX details are coming out ahead of its expected IPO. Trading in the space stock should start June 12.
JPMorgan hiked its price target for Tesla to $475 from $145, while upgrading the stock to ‘Neutral’ from ‘Underweight’.
Tesla Bitcoin Holdings Lose More Than $220 Million as Crypto Selloff Deepens
Sustainability LIVE: The London Summit 2026 has announced its first panel discussion, which will focus on the automotive sector's transition to net zero emissions. Scheduled for September 8-9 at the QEII Centre in London, the event will gather senior industry leaders to discuss decarbonisation challenges and opportunities in the automotive industry. The panel titled 'The Future of Net Zero Automotive' will feature key executives from Toyota Motor Europe, Constellation Automotive Group, and...
Broker sees robotics and autonomous driving becoming bigger drivers of value than EV sales.
J. P. Morgan has upgraded Tesla (NASDAQ:TSLA) to “neutral” from “underweight”, arguing that the company’s market valuation is becoming increasingly tied to its long-term ambitions in autonomous technology and robotics rather than its near-term financial performance.
The June 2026 crypto rout just erased $62 billion in combined market capitalization from public companies holding Bitcoin as a treasury asset. MicroStrategy, Tesla, and Marathon Digital are leading the damage. The question that matters now is not whether the losses are recoverable; it is whether the entire structural model ...
SpaceX has informed banks in its planned $75 billion initial public offering that it won't change th
Fidelity says SpaceX has reserved up to 30% of the IPO for retail investors, well above the typical 5%-10% allocation.
The JPMorgan CEO is headlining the IPO roadshow.
(Bloomberg) -- Elon Musk can still enchant investors with his vision of the future.Most Read from BloombergSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderGlazer Family Members Study Manchester United Stake Sale‘Sell Indonesia’ Sweeps Trading Desks as Prabowo Tightens GripRepublican-Led House Votes to Stop Iran War, Rebuking TrumpAny questions about SpaceX’s record-breaking initial public offering — be it about the valuation, the compa
The electric-car maker's business is stabilizing, but the stock's three-year path comes down to one expensive bet.
Tesla (NasdaqGS:TSLA) has expanded its unsupervised robotaxi service to cover the entire Austin metropolitan area. The company reports a rebound in vehicle sales, with higher registrations in Europe, Japan, and China for May compared with prior months. These updates arrive alongside earlier reports of declining registrations in several of those regions, indicating a shift in recent monthly trends. Tesla operates across electric vehicles, autonomous driving, and energy products. A broader...
(Bloomberg) -- Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Begins Rebuilding
SpaceX and Anthropic reflect some of the most exciting debuts we've seen in years. But will they live up to the hype?
In the closing of the recent trading day, Tesla (TSLA) stood at $418.45, denoting a -1.24% move from the preceding trading day.
SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars.The sky-high valuation for SpaceX -- nearly $1.8 trillion -- is based on the idea that his legendary run will continue and that Musk can achieve his goal of data centers in space and putting people on Mars.
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