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The Latest Breaking News from Elon Musk

SpaceX officially went public on Friday, opening at $135, and closed that same day at $160.95/share. The 19% gain was enough to boost Elon Musk into a financial orbit all on his own – he’s officially the world’s first trillionaire!

Blogging Away Debt

SpaceX shares rise 6% in pre-market after 19% gain on listing day

SpaceX shares extended gains in pre-market trading on Monday after a record-breaking IPO debut that pushed its valuation above $2 trillion last week. Investor optimism strengthened further after Elon Musk said the company could generate over $1 trillion in annual revenue by 2030, fueling enthusiasm around its long-term growth prospects.

The Economic Times

Multiple US states subpoena OpenAI over ChatGPT user safety amid IPO push

A coalition of US state chief legal officers issued OpenAI a sweeping subpoena over the safety of people using ChatGPT, landing just as the company moves towards its initial public offering.

Euronews

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AAP Rolling News Bulletin for June 15 at 1930

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SpaceX FOMO Hits Investors After Record IPO: These 3 AI Stocks Offer Better Value

A Motley Fool analyst believes Amazon, Meta, and Nebius offer better long-term AI investment opportunities than SpaceX, despite its record-breaking IPO debut.

International Business Times UK

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Afternoon Update: US and Iran reach peace deal; shark expert criticises Tony Abbott; and the Socceroos’ it-bags

Trump will attend G7 Summit in France, where Macron says the deal between US and Iran will be discussed, as global oil prices tumble

The Guardian - AU

Australia's richest person Rinehart takes $1 billion stake in SpaceX IPO, WSJ reports

Australian mining baron Gina Rinehart has invested more than one billion dollars in Elon Musk's SpaceX. This significant investment comes as SpaceX's initial public offering set records. Rinehart's company, Hancock Prospecting, sees potential for future collaboration with SpaceX on critical mineral supplies. SpaceX shares saw a strong debut, increasing the…

The Economic Times

AAP Rolling News Bulletin June 15, 1730

AAP Rolling News Bulletin for June 15 at 1730

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Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO

The Guardian - AU

FED:Australia's richest woman takes $1.4b stake in SpaceX

Gina Rinehart's company says it has made a "significant investment" in Elon Musk's SpaceX - reportedly a 10-figure one.

AAP

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AAP

Australia's richest woman takes $1.4b stake in SpaceX

Gina Rinehart's company says it has made a "significant investment" in Elon Musk's SpaceX - reportedly a 10-figure one.

Fortune

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

“I need more data than Elon does to make a decision,” Gwynne Shotwell once said.

The Economic Times

Elon Musk says SpaceX could bring $1 trillion in revenue by 2030

Elon Musk predicts SpaceX could generate over $1 trillion in revenue by 2030, a bold statement following the company's valuation exceeding $2 trillion. Despite recent revenue growth, SpaceX reported a net loss in 2025, prompting caution from some Wall Street analysts whose projections fall significantly short of Musk's ambitious target.

The Economic Times

Elon Musk, world's first trillionaire, on what it would take to reach $1,000,000,000,000,000 and become a quadrillionaire

Elon Musk has reportedly become the world's first trillionaire following SpaceX's record-breaking IPO. While acknowledging the possibility of becoming a quadrillionaire, Musk stated it would require establishing factories on the Moon and Mars, suggesting traditional currencies may become obsolete by then.

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The Economic Times

Will SpaceX's $75 billion IPO set the ball rolling for Reliance Jio and NSE listings in India?

SpaceX's massive IPO is making waves globally. However, Indian market experts believe this will not directly impact upcoming listings of Jio Platforms and NSE. The timing for these Indian mega IPOs will depend on domestic market sentiment and conditions. Geopolitical easing could also play a role.

The Times of India

Elon Musk claims: ‘SpaceX could hit $1 trillion in revenue by 2030’; far beyond Morgan Stanley's projection

Elon Musk has never been shy about stretching timelines or expectations, but his latest comment about SpaceX lands on a scale that makes even the most optimistic market forecasts look restrained. Elon Musk’s writing on X in response to a Morgan Stanley projection, he suggested the company could be pulling…

The Economic Times

Fable 5 wake-up call; Indians chase SpaceX jackpot

Happy Monday! The Fable 5 disruption has triggered fresh calls for India to build its own AI muscle. This and more in today’s ETtech Morning Dispatch.

The Economic Times

SpaceX IPO: Indians queue up to invest more in US stocks

SpaceX's blockbuster initial public offering has ignited significant interest among Indian investors in US stocks, with trading volumes on platforms like Vested Finance and IndMoney surging by 20-25%. SpaceX raised $75 billion in its IPO at a valuation of over $1.7 trillion.

AAP

Wall St ends higher as SpaceX's market debut dominates

US stocks have closed higher as Elon Musk's SpaceX became Wall Street's biggest public listing in history.

The Guardian - UK

Police stop Tommy Robinson on his way back to London from Russian trip

Met seizes far-right activist’s phones after he disembarks flight at Heathrow under counter-terrorism provisions

The Times of India

Nasa grants, tax credits and federal support: How US government helped Elon Musk become the world’s first trillionaire

Elon Musk’s rise to becoming the world’s first trillionaire has been powered not just by investors and technology breakthroughs, but significantly by years of US government support, according to analysis of SpaceX and Tesla’s early growth and financing.

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