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The Latest Breaking News from Elon Musk

SpaceX, the sprawling company targeting the stars, Mars and an IPO

Elon Musk founded SpaceX in 2002 with the lofty goal of ferrying humans to Mars and setting up colonies on the neighboring planet. Musk, the South African-born serial entrepreneur, founded SpaceX when he was 30 years old.

The Economic Times

AAP Rolling News Bulletin June 4, 1130

AAP Rolling News Bulletin for June 4 at 1130

AAP

SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion

SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. The company will offer 555.6 million shares at $135 each, surpassing Saudi Aramco’s record $25.6 billion IPO in 2019.

France 24

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SpaceX's public offering could make Musk a trillionaire

SpaceX's decision to publish a ‌price a week ahead of its landmark offering has few if any precedents among major US initial public ‌offerings.

AAP

SpaceX reveals its share price and record valuation: 555.6 million shares at $135 apiece, at a $1.77 trillion valuation

The SpaceX filing starts the timer on a hot IPO summer complete with two other highly anticipated IPOs: Anthropic and OpenAI.

Fortune

SpaceX targets $135 IPO price with Elon Musk keeping 82.4% of company voting power

SpaceX stock is expected to be available on the Nasdaq beginning June 12

The Independent UK

Why Elon Musk’s SpaceX joining Wall Street could have a big impact on your 401K

The aerospace company, owned by the world’s richest person, is set to go public later this month

The Independent UK

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SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire

SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire

AAP

SpaceX may be the biggest IPO ever, but Morningstar says it is overvalued by half and the smart investors will wait out the hype and buy later

A top analyst says its IPO is overvalued and the best buying opportunity may come after insiders get the chance to sell.

Fortune

Affluent Trump officials may get richer with SpaceX IPO, among them-Steve Witkoff

SpaceX stands out for the unprecedented size of its planned IPO, and for its close ties to government and members of the administration. The IPO, expected to happen as soon as next week, is set to make Musk the world's first trillionaire if it achieves its targeted valuation of at…

The Economic Times

SpaceX IPO date countdown begins: When is the SpaceX IPO and how can you buy SpaceX stock before the biggest IPO in market history?

The SpaceX IPO is shaping up to be one of the most anticipated financial events in modern market history. Reports suggest that Elon Musk’s aerospace giant could price its shares on June 11, with trading potentially beginning on June 12. If the proposed valuation holds, the SpaceX IPO could become…

The Economic Times

Labour MP suing Elon Musk’s xAI over Grok deepfakes

Jess Asato said she filed a claim at the High Court on Wednesday in a bid to seek accountability for the design choices that allowed Grok to create such images

The Independent UK

SpaceX Aims To Be the Largest IPO Ever — But It Just Posted a $4.28 Billion Quarterly Loss

For many investors, the math isn't mathing on the SpaceX IPO. Here's what to know.

Barchart

2.4 million homes, 10,000 private jets & every NFL team: What all could Elon Musk buy as he edges closer to becoming world's first trillionaire?

Elon Musk Net Worth: Elon Musk's estimated net worth has reached around $970 billion, bringing him closer than anyone else in history to becoming the world's first trillionaire. Much of his wealth is tied to his stakes in SpaceX and Tesla, making his fortune larger than the annual economic output…

The Economic Times

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International Business Times UK

Elon Musk Net Worth: Starlink CEO Set to Become First Trillionaire From SpaceX IPO

Elon Musk's net worth has climbed to around $835 billion, with a planned SpaceX IPO in June 2026 set to test whether he becomes the world's first trillionaire.

International Business Times UK

Elon Musk Blames Daughter Vivian's Gender Transition for Making Him a Right-Winger

Elon Musk attributes his political shift to his daughter Vivian's gender transition, which has led to a more conservative stance.

International Business Times UK

Student's Murder Sparks Debate Over Whether UK Police Failed White Victims

The murder of Henry Nowak has sparked a national debate in Britain about race, policing, and institutional bias, following controversial police actions and political reactions.

International Business Times UK

Who Gets To Buy SpaceX IPO Shares? Global Investors Are Scrambling For Access

Investors worldwide are eager to gain exposure to SpaceX as its IPO approaches, exploring alternative routes such as ETFs and prediction markets due to limited direct access to its shares.

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The Economic Times

When IPOs go wrong: SpaceX, AI firms face a delicate process

As SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, from Google's Playboy interview during a quiet period to Zuckerberg's casual attire. Executives must navigate roadshows and regulatory filings carefully to avoid costly missteps and ensure investor confidence.

International Business Times UK

Elon Musk Says 'True' to Claim His Transgender Daughter Vivian Wilson Drove His Political Shift

Elon Musk attributes his political transformation to a personal family rift, particularly his estrangement from his transgender daughter, Vivian Wilson, which has reshaped his worldview and public persona.

The Economic Times

SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: Report

SpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaking IPO tradition by fixing the price before investor presentations, with a significant portion allocated to retail investors. Proceeds will fund AI computing and satellite…

The Economic Times

Will SpaceX IPO make Elon Musk a trillionaire?

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire. Robinson said Musk could take on an "aura of God" for some people should he become the world's first trillionaire -- but…

The Economic Times

SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say

SpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 billion by selling new shares. This move is expected to be the largest IPO ever. Investors will get a chance to buy into Elon Musk's vision for…

The Independent UK

Elon Musk slammed for using trans daughter Vivian as ‘scapegoat’ for his entry into politics

Vivian Jenna Wilson came out as transgender in 2020

The Independent UK

Katie Miller blames the victims in response to report about pervasive sexual harassment in DC

Miller’s comments came after CNN reported female staffers face widespread harassment but don’t alert authorities because of fear of reprisal

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