
What to watch from SpaceX and other tech stocks during the holiday-shortened week.
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What to watch from SpaceX and other tech stocks during the holiday-shortened week.
In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examination published last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they say prove its FSD driver-assistance feature is up to 10 times safer than human drivers. Tesla has presented the inflated safety data to some European regulators, according to correspondence obtained by Reuters through public records requests, as the EV maker seeks wider approval of FSD in a region where it is trying to regain market share.
Tesla bull Brad Ferguson’s valuation includes $957 from Robotaxi and $2,647 from Optimus.
The Ark Venture Fund was an early investor in the space giant.
Tesla Inc. CEO Elon Musk is on the verge of becoming the world’s first trillionaire as his space venture SpaceX’s blockbuster initial public offering pushed his estimated fortune to within $29 billion of the historic milestone. SpaceX IPO Drives Musk’s...
Rivian (RIVN) is finally moving into the part of the electric vehicle market that could determine its future. The electric vehicle business is delivering its new R2 SUV, a more compact, affordable car that many investors view as Rivian’s greatest hope for breaking out of its niche as a builder of ...
(Bloomberg) -- Friday’s debut share surge for SpaceX is bolstering the fortunes of one of Saudi Arabia’s richest men. Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata Balking at LossesPrince Alwaleed bin Talal’s investment firm Kingd
Cathie Wood's firm ARK Invest staked a large position in Elon Musk's SpaceX on Friday. The firm already has a huge chunk of Tesla stock.
The upcoming SpaceX IPO, which is scheduled to kick off on Friday, June 12, could result in Tesla Inc. investors exiting their positions in the EV giant, according to investor Gary Black of The Future Fund LLC. Investors To ‘Lighten’...
SpaceX roared into markets this past week with a valuation of more than $2 trillion, surpassing two members of Wall Street's "Magnificent Seven" and raising a key question: Does the Mag 7 name still fit? And if not, what should replace it? The IPO, the biggest in U.S. history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla, and Meta Platforms. With SpaceX's arrival, "it becomes very hard to keep using Mag 7 as the clean shorthand for market leadership because one of the most important companies in the world would immediately be outside the label," said Shay Boloor, chief market strategist at Futurum Equities.
SPCX ended its debut trading session up 19%, while TSLA closed Friday 2% higher.
SpaceX closed 19% higher, giving it a market cap around $2.1 trillion. That makes it the sixth most valuable U.S. listed company. At that lofty market cap, SpaceX makes up roughly 3% of the entire $75.
The pressure is on the company—and newly minted trillionaire Elon Musk—to deliver.
As the world’s first trillionaire, Elon Musk is incredibly wealthy even by the standards of the incredibly wealthy. (He’s worth $1.2 trillion this afternoon at recent share prices for SpaceX and Tesla.
A SpaceX-Tesla merger seems inevitable.
CNBC Wealth Editor correspondent Robert Frank delivered a milestone moment on air this morning, saying: “By the end of today, Elon Musk will likely become the world’s first trillionaire.” This comes as the result of the long-awaited SpaceX IPO, which is poised to revalue Musk’s privately held stake at public-market multiples and push his net ... Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire
The march of trillicorn initial public offerings doesn’t portend doom for investors. But it’s worth keeping an eye on just the same.

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.
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
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.
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
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