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The Latest Breaking News from Elon Musk

From $2 per share to a $1.75 trillion giant: How Elon Musk's SpaceX could make employees millionaires overnight

SpaceX IPO: SpaceX employees are set for a major financial boost. As the company prepares for its public listing, stock grants are now worth millions. This wealth transfer is reaching engineers, welders, and other staff. Many workers who held onto their shares will see their fortunes change dramatically. This event…

The Economic Times

SpaceX IPO could turn a 27-year-old recovery boat engineer into a millionaire overnight: Meet the worker who invested 10% of every pay cheque

For most people working at sea, stock ownership is rarely part of the job. For 27-year-old Maryellyn Musselman, it could be life-changing. The former engineering officer spent two years aboard a SpaceX recovery vessel off Florida's coast. During that time, she quietly built a stake in Elon Musk's space company.…

The Times of India

SpaceX IPO: What risks should investors consider? What to do if you don't get SpaceX IPO allocation?

SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for investors if the company falls short of expectations.

The Economic Times

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Inside the gilded world of the banking elite

The SpaceX listing will make millions for Goldman Sachs, but the image-conscious firm kept its celebrations quiet. Has the finance world changed? Don’t bank on it, says Chris Blackhurst

Evening Standard

SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreams

SpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the company's prospectus reveals plans for space-based data centers, hinting at Musk's strategy to fund his AI endeavors. This move addresses the escalating costs and logistical challenges of terrestrial AI infrastructure.

The Economic Times

Who is Sriram Krishnan? Indian-origin Trump AI adviser backed by Elon Musk set to leave White House role

Sriram Krishnan, the Indian-American technology executive serving as Senior White House Policy Adviser on Artificial Intelligence, is set to leave his position at the end of June 2026 after an 18-month tenure in the Trump administration.

The Times of India

SpaceX IPO: How to buy shares in U.S.? Full list of countries from which international investors can buy stocks in Elon Musk company

SpaceX IPO: Trading under the symbol SPCX, SpaceX has picked a handful of brokerage firms to distribute shares in the IPO to retail customers in the U.S.

The Economic Times

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SpaceX IPO gets Cryptocurrency touch. Here's how

SpaceX, which began its roadshow last week, has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it ‌is seeking to raise, said two people familiar with the matter on Friday.

The Economic Times

Left in the Dust: How Elon Musk's New Fortune Will Eclipse Bezos, Ellison, Page and Brin Combined

Elon Musk is expected to become the world's first trillionaire if SpaceX floats at its predicted valuation, putting his paper wealth above the economies of most countries.

International Business Times UK

OpenAI’s Sam Altman says his highly disciplined daily routine has ‘fallen to crap’—and now unwinds on weekends at a ranch with no cell phone service

The new father is working out how to balance business and the “significantly underhyped” experience of raising a child.

Fortune

Google signs $920M monthly compute deal with SpaceX — company’s projected annual data center revenue to exceed its combined proceeds from Starlink, launch services, and AI in 2025

Google's $920-million-a-month deal with SpaceX will let it secure 110,000 Nvidia GPUs starting October 2026. This is the second data center deal that SpaceX has secured in a matter of weeks, especially as it's quickly approaching its IPO on June 12, 2026.

Tom’s Hardware

‘A driver of political violence’: how the breakneck AI boom is fueling anti-tech extremism

Backlash against AI is taking an extremist turn, following in the footsteps of earlier techno-pessimist militants

The Guardian - US

More than 100 campaigners and organisations back MP suing Elon Musk’s xAI over deepfake images of her

Exclusive: Jess Asato says the support she has received ‘feels like a shout for women’s freedom on the internet’

The Independent UK

Elon Musk is directly interfering in British politics on X. He must be stopped

THE INDEPENDENT VIEW: The British government cannot stop Donald Trump and JD Vance talking rubbish about the UK to Americans, but it can fight foreign interference in our own politics

The Independent UK

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Barchart

Tesla Sales in China Are Popping, But That Means Nothing If You Can’t Stomach TSLA Stock’s Absurd P/E Ratio

Tesla China sales jumped almost 40% in May as its FSD software rolled out globally. Here's why TSLA stock still belongs on your watch list now.

The Economic Times

Elon Musk's tweet on India's falling birth rate goes viral

Elon Musk's comment on India's falling birth rate has gone viral. India's total fertility rate has now dropped below the replacement level. This trend is observed across the country, with Delhi showing a significantly low rate. Experts warn of future demographic shifts. The issue highlights changing family planning trends.

The Times of India

Sriram Krishnan, Trump's AI brain, to exit White House

TOI Correspondent from Washington: Sriram Krishnan, the Indian-born technology investor who helped shape the Trump administration's artificial intelligence strategy and became one of the most influential Silicon Valley voices inside the White House, announced Saturday that he will leave his post at the end of the month.

The Times of India

How a murder in England by a Brit-Sikh triggered a MAGA meltdown over 'decline of western civilisation'

A British student's murder has ignited a transatlantic political firestorm. US Vice President JD Vance and Elon Musk have seized on the case, criticizing UK immigration and multicultural policies. This has sparked outrage in Britain, with accusations of American interference and a widening ideological rift between London and Washington.

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International Business Times UK

Elon Musk's DOGE Allegedly Planned to Mark 2.7 Million Living People — Including US Citizens — as Dead

A whistleblower says Elon Musk's branded government unit DOGE backed a Trump‑era plan to mark 2.7 million living people as dead in US Social Security records as an immigration tactic.

The Guardian - UK

SpaceX IPO: how can I buy shares, and what are the risks?

Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsides

MarketBeat

Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test

U.S. EV sales fell 27% in Q1 2026 after federal tax credits ended, creating diverging outlooks for Rivian, Lucid, and Tesla amid continued global EV growth.

The Economic Times

SpaceX and other mega IPOs may wait years to join the S&P 500

SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitability requirement for index inclusion. Despite their massive valuations, companies such as SpaceX, OpenAI and Anthropic must demonstrate sustained profits before becoming eligible for the benchmark.

Fortune

Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision

Even the world’s richest people borrow money to buy homes. Financial experts say mortgages can actually be a strategic wealth move for the ultrarich.

Fortune

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla

The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center.

Fortune

SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation

SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.

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