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The Latest Breaking News from Elon Musk

Elon Musk becomes world’s first trillionaire as SpaceX ends trading day with valuation of $2.1tn – as it happened

One economist says Musk’s world-first level of extreme wealth highlights massive economic disparities and could have profound effects on society

The Guardian - UK

Elon Musk's net worth crosses $980 billion as blockbuster SpaceX IPO price set at $135

SpaceX's IPO has been priced at $135 per share, valuing the company at around $1.8 trillion and adding an estimated $188 billion to Elon Musk's wealth. With most of his fortune tied to SpaceX, Musk's net worth has climbed to nearly $1 trillion and is projected to surpass $1.1 trillion…

The Economic Times

AAP Rolling News Bulletin June 12, 1630

AAP Rolling News Bulletin for June 12 at 1630

AAP

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FED:Anxious wait for Aussie investors ahead of SpaceX float

Super funds, institutional investors and tens of thousands of retail investors are waiting to see whether they have been allocated shares in the SpaceX float.

AAP

Four Indians feature in Forbes’ top 50 most successful immigrants in America

Four Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Immigrants" list. These entrepreneurs and investors have significantly contributed to the US technology and business sectors, with Khosla ranking highest at No. 14. Their inclusion highlights the vital role of Indian talent…

The Economic Times

AAP Rolling News Bulletin June 12, 1600

AAP Rolling News Bulletin for June 12 at 1600

AAP

AAP Rolling News Bulletin June 12, 1530

AAP Rolling News Bulletin for June 12 at 1530

AAP

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SpaceX's stock market debut: Five risks investors need to know

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.

Euronews

Grok Continues Hosting Sexualised Deepfakes of Famous Women Months After xAI Pledge: Report

An investigation reveals xAI's Grok platform still hosts explicit AI-generated content, raising concerns over its moderation and safety measures despite previous pledges to improve.

International Business Times UK

AAP Rolling News Bulletin June 12, 1500

AAP Rolling News Bulletin for June 12 at 1500

AAP

SpaceX to list today: Should Indian investors buy shares of Elon Musk's biggest bet after missing the IPO?

SpaceX IPO: SpaceX is set to list on Nasdaq today, marking the largest IPO in history with a $75 billion valuation. While Indian investors missed the IPO, they can now buy shares post-listing. Analysts are divided on whether to invest, citing SpaceX's unique business model and high valuation.

The Economic Times

SpaceX IPO: Giant Elon Musk protest effigy stuns Times Square in New York, has a warning for investors. Watch video

SpaceX IPO: A giant inflatable Elon Musk appeared in New York City ahead of SpaceX's historic IPO, not as a celebration, but as a protest. Organized by Safe AI Now, the display highlighted concerns over SpaceX's AI chatbot, Grok, and its potential to generate harmful content, warning investors of associated…

The Economic Times

AAP Rolling News Bulletin June 12, 1430

AAP Rolling News Bulletin for June 12 at 1430

AAP

AAP Rolling News Bulletin June 12, 1400

AAP Rolling News Bulletin for June 12 at 1400

AAP

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The Economic Times

Science fiction? Musk's 'lofty' SpaceX goals seem unrealistic, skeptics say

SpaceX has achieved much, but experts question its ambitious future goals. Plans for Mars colonies and orbital AI data centers face technological and economic hurdles. While Starship development continues, challenges remain for deep space travel. NASA's involvement may be crucial for colonization. The company's IPO provides resources, but future success…

The Economic Times

SpaceX crypto traders are betting on a $2.2 trillion valuation

Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company's valuation. This blockchain-based market's predictive power is now being…

AAP

AAP Rolling News Bulletin June 12, 1330

AAP Rolling News Bulletin for June 12 at 1330

France 24

Musk's SpaceX set to make biggest-ever initial public offering on Wall Street

Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk…

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AAP

AAP Rolling News Bulletin June 12, 1300

AAP Rolling News Bulletin for June 12 at 1300

AAP

AAP Rolling News Bulletin June 12, 1230

AAP Rolling News Bulletin for June 12 at 1230

The Economic Times

SpaceX IPO makes Elon Musk the world's first trillionaire

At a time when concerns about inequality are high and public attitudes toward the ultra-wealthy have soured, Musk has managed to retain a loyal following despite his stratospheric net worth and without the folksy persona that endeared other tycoons such as Warren Buffett to the masses.

AAP

AAP Rolling News Bulletin June 12, 1200

AAP Rolling News Bulletin for June 12 at 1200

AAP

AAP Rolling News Bulletin June 12, 1130

AAP Rolling News Bulletin for June 12 at 1130

AAP

Oil slides on peace hopes, as all eyes on SpaceX debut

European and Asian stocks have gained and oil has fallen as Donald Trump touts that an Iran deal is looming, while investors await the historic SpaceX IPO.

AAP

AAP Rolling News Bulletin June 12, 1100

AAP Rolling News Bulletin for June 12 at 1100

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