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The Latest Breaking News from Elon Musk

Polite but deadly: John Healey skewers Keir Starmer as he heads for the door

The defence secretary’s departure was the wrong resignation at the worst possible time for the prime minister

The Guardian - UK

Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims

Former xAI engineer Devin Kim claims he was illegally fired for trying to implement safety mechanisms for the chatbot

The Guardian - US

SpaceX heads for record $1.78tn float amid fears it is overvalued

Analysts say IPO that could make Elon Musk the world’s first trillionaire has a ‘major disconnect’ on price

The Guardian - UK

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SpaceX Has Already Drawn Over $70 Billion In Orders From Retail Investors: Report

Elon Musk's SpaceX has already drawn over $70 billion in orders from retail investors ahead of its IPO on Friday, according to a new report.

International Business Times

Elon Musk’s SpaceX set to make history with US stock market debut

The stock market float on Wall Street is expected to raise 75 billion dollars (£56.2 billion)

Evening Standard

SpaceX IPO date, price, valuation, stock symbol, how to buy shares: What US investors need to know about Elon Musk's historic listing

The SpaceX IPO date is Friday, June 12, with shares trading on Nasdaq under ticker SPCX at $135 per share. SpaceX's $1.77 trillion IPO aims to raise $75 billion, shattering the previous record set by Saudi Aramco in 2020. Retail orders alone have surpassed $70 billion, prompting SpaceX to allocate…

The Economic Times

Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders

The winners of SpaceX's blockbuster IPO—valuing the company at $1.75 trillion—might not just be investors, but also the ones who welded the rockets.

Fortune

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US stocks | SpaceX IPO draws over $70 billion from retail investors ahead of record stock market debut

SpaceX is gearing up for an IPO that has captured the attention of investors far and wide. With retail investments skyrocketing past seventy billion dollars, investors can expect to snag at least twenty percent of the shares.

The Economic Times

A look at the SpaceX IPO by the numbers

Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk's plans to take the rocket maker public

AAP

Iran Says It Will Target Elon Musk's Companies In The Middle East As Tensions Continue To Escalate

Iran threatened to strike Elon Musk's companies, including SpaceX's Starlink service.

International Business Times

Elon Musk Rejects Belfast Riot Incitement Claims: 'Murderous Migrants Make People Angry'

Elon Musk denies claims of inciting Belfast riots, attributing unrest to public anger over a knife attack and migration concerns.

International Business Times UK

Elon Musk's SpaceX is about to make its debut on Wall Street

Elon Musk's rocket company SpaceX will make its debut on Wall Street Friday

AAP

Most successful living immigrants in the US: Arnold Schwarzenegger leads, followed by Elon Musk, Jensen Huang and others

The United States has long been described through the people who arrived there rather than only those born within its borders. That idea sits quietly behind many public lists of successful immigrants in America, where origin stories begin far from American cities but end up embedded in industries that shape…

The Times of India

Can money buy happiness after all? Billionaires weigh in

ANALYSIS: Almost a third of America’s wealth is in the hands of 1 percent of people. But is it making them happier? J.R. Duren asks those with vast resources at their disposable what it means to them

The Independent UK

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The Economic Times

Northern Ireland violence: How a deadly knife attack led to riots, rise of anti-migrant demand?

Northern Ireland riots: Politicians from both parts of Northern Ireland’s power-sharing government condemned the violence.

The Independent UK

Elon Musk's SpaceX is about to make its debut on Wall Street. What to know

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece

International Business Times UK

Kevin O'Leary Says Choosing Between SpaceX, OpenAI, and Anthropic Is a Mistake — Here's Why

Kevin O'Leary advises investors to diversify by buying SpaceX, OpenAI, and Anthropic at their IPOs, treating them like an index. Here's why the 'Shark Tank' star recommends this strategy for AI giants.

Space

Elon Musk wants to put 1 million AI satellites in space. Here's how SpaceX could do it

SpaceX CEO Elon Musk outlined more details for his company’s planned data centers in space ahead of a widely anticipated IPO on Friday (June 12) expected to make him a trillionaire.

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news in one place.

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The Economic Times

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'

Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not current reality. Chanos also expresses skepticism about the data center sector's profitability. Investors are watching closely, especially after past losses betting against tech giants. SpaceX's offering is poised to…

The Economic Times

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people

Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement,…

The Economic Times

Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders

As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher

International Business Times UK

Did Elon Musk Fuel the Belfast Protests? Australian Broadcaster Thinks He 'Incited Racial Tension'

ABC News, UK politicians and Northern Ireland officials have criticised Musk's online activity following the Kinnaird Avenue stabbing and subsequent protests.

The Guardian - UK

Reform and Restore are both hard right and poisonous – but their differences could be their undoing

It is not enough to revile them both. Understanding the personal and ideological divergence is essential to taking back the ground they now occupy, says Guardian columnist Andy Beckett

Fortune

SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

The Independent UK

Ukraine-Russia war latest: Senior Russian diplomat meets UK, French and German ambassadors in Moscow

Europe has pushed for more peace talks between Ukraine and Russia

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