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The Latest Breaking News from SpaceX

AAP Rolling News Bulletin June 15, 0800

AAP Rolling News Bulletin for June 15 at 0800

AAP

AAP Rolling News Bulletin June 15, 0730

AAP Rolling News Bulletin for June 15 at 0730

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.

AAP

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SpaceX's First Full Week, FOMC and Other Key Things to Watch this Week

Markets face a complex week as SpaceX begins its first full trading week following Friday's historic IPO, creating ongoing capital flow dynamics and liquidity pressures that could amplify volatility across broader equity markets.

Barchart

Former SpaceX welder who once knew nothing about the company now holds shares worth over $1 million

A former SpaceX welder, Juan Hernandez, saw his decade-old stock grant blossom into over $1 million following the company's IPO. Initially hired as a contract worker, Hernandez received $10,000 in stock, which he largely overlooked until its significant appreciation. He continues to work, crediting his immigrant background and strong work…

The Economic Times

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.

The Times of India

The $700 Billion Jump: How Donald Trump's Election Propelled Elon Musk to Trillionaire Status

Elon Musk's net worth surpassed 11 trillion after SpaceX's Nasdaq debut, sparking political debate on wealth inequality led by Bernie Sanders and other politicians.

International Business Times UK

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Business lesson from world's first trillionaire Elon Musk: 'Rely less on business gurus and their books and more on biographies' What business owners can learn from world's richest man's success mindset

Elon Musk, the world's first trillionaire, eschews traditional business gurus, drawing wisdom from history and biographies of innovators. His approach, exemplified by SpaceX and Tesla, emphasizes long-term vision and persistence. This strategy has fueled his vast business empire, spanning electric vehicles, space exploration, and AI, demonstrating the power of learning…

The Economic Times

The Self-Made Myth: How Billions in Taxpayer Contracts and Grants Built Elon Musk's Trillion-Dollar Fortune

Elon Musk becomes the world's first trillionaire following SpaceX's record IPO, highlighting the significant role of government contracts and support in his companies' success.

International Business Times UK

CEA Anantha Nageswaran says AI stock valuations definitely in a bubble

India's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narrative around AI's productivity gains and impact on jobs is exaggerated. Global investors have poured billions into AI-linked companies, driving record valuations for firms like Nvidia. Concerns are rising about a…

The Economic Times

SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history

Elon Musk once gave SpaceX less than a 10% chance of surviving.

Fortune

Ahead of Market: 10 things that will decide stock market action on Monday

Markets rallied sharply as easing US–Iran tensions and softer crude prices boosted sentiment. Sensex and Nifty surged 2%, adding Rs 10 lakh crore in market value. Broader markets outperformed, volatility eased, and technical indicators turned bullish. Analysts expect momentum to continue, with geopolitical developments and oil prices remaining key triggers.

The Economic Times

A 1% mistake costs $10 billion: Inside the impossible math of managing Elon Musk's trillionaire SpaceX wealth

SpaceX's record IPO made Musk a trillionaire—and created a wealth-management challenge no advisor has ever faced.

Fortune

Elon Musk and co may relish march of the robots but there must be AI boundaries in the workplace

As technology advances quickly, firms should not lose sight of what qualities humans bring to jobs

The Guardian - UK

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The Economic Times

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

One investor said that when SpaceX was privately held, he used a connection with a cousin of the billionaire entrepreneur to buy $10 million worth of stock in the satellite maker in 2018. A portfolio manager at a $500 billion U.S. fund said he had to use his relationship with…

The Economic Times

Elon Musk becomes world's first trillionaire, but lives in a 20x20-foot home with an almost empty fridge

Elon Musk has achieved a historic milestone, becoming the world's first trillionaire. This unprecedented wealth follows SpaceX's successful stock market debut. Despite his immense fortune, Musk reportedly lives in a small 400-square-foot home in Texas. His lifestyle prioritizes ambitious projects over personal luxury, a stark contrast to his record-breaking financial…

Fortune

The hottest debate on Wall Street right now: Does the flood of mega-IPOs and new shares signal a downturn ahead? That depends

"The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated."

AAP

AAP Rolling News Bulletin June 14, 0830

AAP Rolling News Bulletin for June 14 at 0830

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AAP

AAP Rolling News Bulletin June 14, 0800

AAP Rolling News Bulletin for June 14 at 0800

AAP

AAP Rolling News Bulletin June 14, 0730

AAP Rolling News Bulletin for June 14 at 0730

AAP

AAP Rolling News Bulletin June 14, 0700

AAP Rolling News Bulletin for June 14 at 0700

AAP

AAP Rolling News Bulletin June 14, 0630

AAP Rolling News Bulletin for June 14 at 0630

The Times of India

'When I give my savings to Elon Musk...' Senator Elizabeth Warren trolled for demanding wealth tax on world's first trillionaire

Senator Elizabeth Warren was royally trolled as she called for a wealth tax on Elon Musk after Musk became the world's first trillionaire after SpaceX's Nasdaq debut. "Elon Musk just became the world's first trillionaire. The typical American household would have to work more than 11 MILLION years to make…

AAP

AAP Rolling News Bulletin June 14, 0600

AAP Rolling News Bulletin for June 14 at 0600

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AAP Rolling News Bulletin June 14, 0530

AAP Rolling News Bulletin for June 14 at 0530

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