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The Latest Breaking News from Elon Musk

US Stock Market: Starship, AI ambitions fuel bullish Wall Street outlook on newly listed SpaceX

SpaceX joins the Nasdaq-100 index, attracting billions in passive investment flows. Wall Street brokerages initiated coverage with overwhelmingly positive ratings for the company. Analysts see long-term growth potential in space transportation and satellite connectivity. Starship, SpaceX's reusable rocket, is a major pillar of this optimistic outlook. The company's artificial intelligence…

The Economic Times

Elon Musk's DOGE Officially Shuts Down as Gavin Newsom Decries 'Chaos' and Lawmakers Demand Federal Investigation

Elon Musk's Department of Government Efficiency has officially shut down, sparking criticism from political figures who claim it caused chaos and lasting damage to federal agencies.

International Business Times UK

EXCLUSIVE: SpaceX Stock Could ‘Eventually Double,’ Market Expert Jay Woods Says ‘Put it Away, Don’t Look At It’

SpaceX (NASDAQ:SPCX) analysts are initiating coverage on the stock nearly a month after the highly anticipated IPO. Freedom Capital Markets Chief Market Strategist Jay Woods shares with Benzinga why SpaceX valuation scares him, but he’s not willing to bet against CEO Elon Musk.

Benzinga

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SpaceX Has Officially Joined the Nasdaq 100; The Stock's Influence On Markets Is About To Grow

SpaceX officially joined the Nasdaq-100 on Tuesday, becoming one of the fastest companies ever added to the technology-heavy benchmark after its blockbuster initial public offering less than a month ago.

International Business Times

Wall Street banks are sky-high about SpaceX, but investors remain cautious

Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound

The Independent UK

He went from working in a factory to being rich enough to retire at 32—but 3 decades later, this millionaire still works and takes public transport

Bill Holland, who led Canada's CI Financial for more than a decade, still rides public transit—a frugal mantra shared by Warren Buffett and Elon Musk.

Fortune

'Mars Will Be Part of America': Elon Musk's Sinking Ship Warning and His Vow That He Will 'Die in US'

Elon Musk had warned that 'if the ship of America sinks, we all sink with it', vowing he will 'die in America' and even claiming any future Mars colony would be 'part of America'.

International Business Times UK

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Dear TSLA Stock Investors, Don’t Count on Tesla’s Latest Robotaxi Win Driving Share Price Growth Anytime Soon

Tesla is rolling out its robotaxi service in Miami.

Barchart

'There Will Be Revolution First': Michael Burry Clashes With Elon Musk Over Wild 'Universal High Income' AI Plan

Elon Musk's ambitious AI-driven 'Universal High Income' plan faces scepticism from Michael Burry, who warns of potential societal upheaval. The debate highlights concerns over AI's impact on labour markets.

International Business Times UK

Elon Musk’s new SpaceXAI logo looks surprisingly familiar

The design is drawing unexpected comparisons.

Creative Bloq

What will define Elon Musk’s legacy? Doge cuts to USAID Ebola programs

Experts say cuts have hindered the response to DRC’s Ebola outbreak and resulted in ‘significant numbers’ of deaths

The Guardian - US

Morgan Stanley Analyst Initiates SpaceX Coverage, Sees Nearly 90% Upside for Elon Musk's SPCX

Morgan Stanley (NYSE:MS) analyst Adam Jonas began coverage of Elon Musk-led Space Exploration Technologies Corp. (NASDAQ:SPCX), sharing a price target of $300/share for the commercial space flight giant.

Benzinga

Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weapon

Morgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies beyond rockets. The brokerage believes SpaceX's vertically integrated AI infrastructure, combining terrestrial and orbital compute, could transform it into one of the world's most powerful AI infrastructure platforms.

The Economic Times

Elon Musk Says Optimus, AI Will Enable 'Excellent' Healthcare—Cathie Wood Sees $50 Billion AI Compute Need

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk believes that the company’s Optimus Humanoid robot, as well as its Artificial Intelligence efforts, will enable accessible healthcare for all in the future.

Benzinga

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International Business Times UK

UK Extends £100,000 Political Donation Cap to Recent Returnees

UK's new political finance rules: recent arrivals must wait a year before donating over £100,000 to curb foreign influence. Learn how it affects wealthy donors and political parties.

Benzinga

Gavin Newsom, Robert Reich Say Elon Musk's DOGE Damage Will 'Never Be Forgotten' as Fourth of July Sunset Clause Takes Effect

Gov. Gavin Newsom (D-CA) and economist Robert Reich delivered heavy criticism of Elon Musk-led Department of Government Efficiency (DOGE) on Monday as the organization officially shut down over the weekend.

International Business Times UK

Bitcoin in Trump Accounts? Pres Says 'Something Could Happen,' Dells, SpaceX Back Billions in Donations

Trump says Bitcoin could eventually play a role in Trump Accounts as Dell and SpaceX pledge billions to expand the children's investment programme.

Fortune

‘The risks are growing and the resources are shrinking’: Experts blame DOGE cuts for intensifying the Ebola outbreak, which has killed more than 500

U.S. humanitarian foreign aid fell from $14 billion in 2024 to $3.7 billion last year, in large part a result of the gutting of USAID.

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The Independent UK

SpaceX president gifts $320M in company stock to fund new Trump Accounts

Trump Accounts were launched to mark America’s 250th anniversary

Benzinga

EXCLUSIVE: Tesla Thinks the Money Is in Robots. This CEO Says the Bigger Opportunity Starts After They're Sold

Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk has made no secret of his ambitions for humanoid robots, predicting that machines like Optimus could one day outnumber the company’s cars. But one robotics executive believes investors may be overlooking where the industry’s biggest opportunity really lies.

The Economic Times

Elon Musk's bid to set aside Twitter fraud verdict rejected by US judge

U.S. District Judge Charles Breyer in San Francisco also denied Musk's motion to decertify the class of investors, and granted the investors' motion for prejudgment interest. The judge did, however, find Musk not liable for one of his challenged tweets.

International Business Times UK

Elon Musk Says Optimus Production WIll be 'Extremely Slow at First': Tesla Stock Reacts Negatively

Tesla's stock fell 7.5% after Elon Musk clarified that Optimus robot production will be slow initially due to its complexity.

The Times of India

SpaceX president to donate company stock to Trump Accounts; Katie Miller does the '$325 million' math

SpaceX president Gwynne Shotwell announced that she and her husband will be donating company stock to the Trump Accounts of more than 2 million American children. The announcement comes days after Trump said in an interview with CNBC that he expects Elon Musk to donate SpaceX stock to the program.…

International Business Times UK

'Outrageous': Senator Slams Elon Musk for Paying Same Social Security Tax as an 'Electrician'

US Senator Patty Murray has accused Elon Musk of paying the same Social Security tax as a $185,000‑a‑year electrician, reigniting a fierce debate over how America taxes its first trillionaire.

The Economic Times

Not just Elon Musk, retail investors are losing money in Tesla and SpaceX crash. What should you do?

The sharp correction in Tesla and SpaceX has dented retail investors' portfolios, including those of Indians investing in US stocks. Experts say the selloff reflects a broader repricing of AI-linked stocks and advise investors to review portfolio allocation, risk appetite and investment horizon instead of reacting to short-term volatility.

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