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SpaceX’s Mega-IPO Puts a Price Tag on the Fear of Missing Out
Bloomberg84d agobearish
SpaceX’s Mega-IPO Puts a Price Tag on the Fear of Missing Out

(Bloomberg) -- Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane – convincing analysts to stretch their traditional valuation tools, and assign multiples based on what one academic calls “optionalities.”Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWi

SpaceX To Go Public June 12, As Speculation Rises
24/7 Wall St.84d agoneutral
SpaceX To Go Public June 12, As Speculation Rises

Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will try to raise $80 billion at a valuation north of $1.75 tillion. Some speculate that the figure will be closer to $2 trillion, making it as valuable as Tesla (NASDAQ: TSLA). No one ... SpaceX To Go Public June 12, As Speculation Rises

Latest News In Electric Vehicles - Bi-Directional Chargers Powering Smart Energy Transformation
Simply Wall St.84d agoneutral
Latest News In Electric Vehicles - Bi-Directional Chargers Powering Smart Energy Transformation

The global market for Bi-Directional Electric Vehicle Chargers is experiencing significant growth, driven by advancements in energy storage, regulatory support for smart grids, and a surge in electric vehicle adoption. Bi-directional chargers, essential to decentralized energy management, enable vehicles to act as energy assets in grid balancing. This technology's expansion is further fueled by the need for energy flexibility amid increasing reliance on renewable energy sources. As businesses...

China’s Xpeng begins mass production of robotaxis in Guangzhou
Reuters84d agoneutral
China’s Xpeng begins mass production of robotaxis in Guangzhou

Chinese electric vehicle maker Xpeng said ‌on Monday it had ‌begun mass production of its first ​robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027. The Tesla rival is accelerating ‌its shift ⁠toward driverless vehicles and humanoid robotics as competition ⁠intensifies in the world’s largest auto market. The new robotaxi, ​built on ​Xpeng's GX ​platform, is China’s ‌first "production-ready, pre-assembled robotaxi model developed entirely with in-house technologies," the company said.

Two Tesla Robotaxi Crashes In Austin Are Putting Fresh Pressure On Elon Musk's EV Giant As Youtuber Says It's Time To 'Come Clean'
Benzinga84d agobearish
Two Tesla Robotaxi Crashes In Austin Are Putting Fresh Pressure On Elon Musk's EV Giant As Youtuber Says It's Time To 'Come Clean'

YouTuber Zack Nelson, aka JerryRigEverything, has urged Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk to clarify reports of Supervised Tesla Robotaxis reporting crashes in Austin. Supervised Robotaxi Crashes In a post on X on Sunday, Nelson quoted a post by TechCrunch, which reported that unredacted documents from the National Highway Traffic Safety Administration (NHTSA) showed that Tesla recorded 2 instances since July 2025 of Supervised robotaxis in Austin were involved in crashes. Read Also: Elon M

Bloomberg84d agoneutral
Elon Musk Says He Wants to Get SpaceX IPO Underway ‘Pretty Soon’

(Bloomberg) -- Elon Musk said he’s back in Texas working on plans for an initial public offering of SpaceX as the rocket and artificial intelligence company gears up for the largest listing of all time. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Who Vo

Why SpaceX Split Its Stock and 2 More Trillion-Dollar Issues
Barrons.com85d agoneutral
Why SpaceX Split Its Stock and 2 More Trillion-Dollar Issues

Three recent tidbits: SpaceX split its stock. Bloomberg reported Friday that SpaceX had split its stock five-to-one ahead of its massive IPO, which could raise $75 billion and value the company at up to $2 trillion. SpaceX didn’t respond to a request for comment about the split.

Tesla Just Raised Its EV Prices. Here’s Why.
Barrons.com85d agoneutral
Tesla Just Raised Its EV Prices. Here’s Why.

Tesla often zigs when other companies zag. Tesla didn’t respond to a request for comment about the increases. Tesla hasn’t raised Model Y prices in the U.S. since 2024, according to Barron’s tracking.

Tesla Robotaxi Hubs Highlight Autonomy Potential As Australian Scrutiny Builds
Simply Wall St.85d agoneutral
Tesla Robotaxi Hubs Highlight Autonomy Potential As Australian Scrutiny Builds

Tesla, Inc. (NasdaqGS:TSLA) has started building dedicated robotaxi maintenance hubs, preparing for large scale autonomous ride hailing operations. At the same time, Tesla is facing rising legal and regulatory scrutiny in Australia over alleged misleading claims about vehicle safety and self driving features. Tesla, best known for its electric vehicles and energy products, is now moving further into autonomous mobility with these new robotaxi maintenance hubs. This shift takes the story...

Elon Musk, Chip Giant?
Motley Fool86d agoneutral
Elon Musk, Chip Giant?

Elon Musk’s empire may be expanding if recent plans to spend up to $119 billion in new chip fab facilities become reality. The team discusses the implications for the industry and Musk’s companies.

Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights
MarketBeat86d agoneutral
Automotive Properties Real Est Invt TR Q1 Earnings Call Highlights

Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said

Bloomberg86d agoneutral
SpaceX Holders Sign Off on 5-for-1 Stock Split Ahead of IPO

(Bloomberg) -- SpaceX notified investors that it is executing a 5-for-1 stock split, a move that will reduce the price investors will pay for each share offered in its impending initial public offering.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Iran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsNigerian Tycoon Femi Otedol

Tesla China Financing Push Tests Growth, Margins And Rich Valuation
Simply Wall St.86d agoneutral
Tesla China Financing Push Tests Growth, Margins And Rich Valuation

Tesla has introduced new, more affordable financing offers for its locally made vehicles in China. The move comes after April retail sales in China declined and the company dropped out of the country's top ten EV makers. The offers are targeted at improving affordability and shoring up Tesla's position in the world's largest EV market. Tesla, listed as NasdaqGS:TSLA, is responding to tougher conditions in China with these financing changes at a time when competition and slowing demand are...