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The Latest Breaking News from Elon Musk

Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lows

Asian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also anticipated Elon Musk's SpaceX IPO, which set a record $75 billion. President Trump indicated a potential peace deal signing soon, boosting market sentiment.

The Economic Times

AAP Rolling News Bulletin June 12, 1030

AAP Rolling News Bulletin for June 12 at 1030

AAP

AAP Rolling News Bulletin June 12, 1000

AAP Rolling News Bulletin for June 12 at 1000

AAP

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AAP Rolling News Bulletin June 12, 0930

AAP Rolling News Bulletin for June 12 at 0930

AAP

Market Sees $1.75 Trillion SpaceX IPO as 'Referendum' on Elon Musk's Leadership: Report

Analysts and executives are reportedly describing the SpaceX IPO as a "referendum" on Elon Musk, with capital markets evaluating both the company's potential and the degree of faith placed in the entrepreneur driving it.

International Business Times

AAP Rolling News Bulletin June 12, 0900

AAP Rolling News Bulletin for June 12 at 0900

AAP

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had.

The Conversation

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SpaceX lowballed its bankers on fees. Goldman Sachs has another way to win big

The real money comes after the opening bell.

Fortune

AAP Rolling News Bulletin June 12, 0830

AAP Rolling News Bulletin for June 12 at 0830

AAP

After record IPO, SpaceX faces test in market debut

SpaceX has made history after raising $106 billion to become the biggest IPO ever. Now the market is set to find out the strength of the stock's "Musk premium".

AAP

Elon Musk's Fintech Plans Disrupted Outside Morgan Stanley HQ Over Claims SpaceX's Grok 'Makes AI Child Porn'

Elon Musk's SpaceX IPO, the largest in history, is overshadowed by controversy as xAI's Grok chatbot faces allegations of generating AI child pornography, prompting global regulatory scrutiny.

International Business Times UK

The SpaceX IPO: Why I Think Next Week, Not Friday, Is the Real Event

Financial media is buzzing about the SpaceX IPO. Here's why I'm not buying in, and what I'm doing instead.

Barchart

Belfast knife attack: False images, misinformation fuel anti-immigration riots

Police in Northern Ireland on Thursday prepared for further disorder, as anti-immigration riots risked entering their third night. The unrest erupted after a brutal street stabbing on Monday by Sudanese national Hadi Alodid, who has been charged for attempted murder following his attack on Stephen Ogilvie. False and outdated images…

France 24

Will the stars align for SpaceX's IPO?

Expectations are high for the IPO of SpaceX. The company – which includes rockets, satellites and AI units – could become one of the most valuable in the world following its market launch on Friday. Founder Elon Musk is set to retain near-total control of SpaceX, with 85 percent of…

France 24

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Kiplinger

SpaceX IPO: Updates and Commentary

The SpaceX IPO has come and gone, resulting in the largest offering ever. Here, Kiplinger reported on all things related to SPCX stock.

The Economic Times

US stocks: Dow soars 900 pts, Nasdaq over 2% as Trump says Iran deal likely soon

Wall Street surged Thursday as President Trump called off Iran strikes, easing oil prices and boosting stocks. Investors anticipate SpaceX's record-breaking IPO today, with shares set to debut Friday. Despite inflation concerns from producer price data, the market showed resilience, with major indexes posting significant gains. The Fed is expected…

The Economic Times

US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaire

SpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. This blockbuster debut could propel Elon Musk to trillionaire status, raising a record $75 billion. The offering, which includes Musk's xAI and X, is significantly…

The Economic Times

US stocks: Musk's SpaceX prices record $75 billion IPO at $135 a share

SpaceX has priced its record-breaking U.S. IPO at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. This makes it one of the world's most valuable companies, surpassing established giants. The offering, which saw significant retail allocation, culminates Elon Musk's ambitious project despite questions about its…

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AAP

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.

Fortune

As SpaceX goes public, a $100 billion shadow market faces a reckoning

SpaceX’s public debut could kick off months (or even years) of reckoning in the venture secondaries market, the pre-IPO Wild West.

The Economic Times

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares: Report

Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.

The Guardian - UK

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 - US

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 - UK

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

International Business Times

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.

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