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The Latest Breaking News from Tesla Inc.

Elon Musk is now worth more than most countries as the SpaceX IPO pushes him to $982 billion

IN FULL

The Independent UK

Where does Elon Musk’s phenomenal wealth come from?

South Africa-born tech entrepeneur on course to become world’s first trillionaire after lucrative SpaceX IPO

The Independent UK

Elon Musk could become the world's first trillionaire with SpaceX's IPO

Elon Musk is set to become the world's first trillionaire Friday by selling shares in his rocket company in likely the biggest stock debut ever

The Independent UK

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read the most diverse news in one place.

SpaceX's first employee, Tom Mueller, thinks the historic IPO is just the beginning

Tom Mueller, CEO of Impulse Space, says investors are buying a vertically integrated vision for space-based computing, AI, and the next industrial revolution.

Fortune

SpaceX raises £56bn ahead of biggest ever IPO

The float could make Tesla and X owner Elon Musk the world’s first paper trillionaire.

Evening Standard

After record IPO, Musk's SpaceX faces next test in market debut

SpaceX is set to debut on Nasdaq with a massive $75 billion IPO. Investors are betting on Elon Musk's ambitious plans, valuing the company at $1.77 trillion. This landmark listing could reshape the market and pave the way for future tech giants. The stock's performance will be closely watched by…

The Economic Times

Elon Musk's $1.1 Trillion Fortune Hinges on One Extraordinary Goal: Colonising Mars

Elon Musk becomes the world's first trillionaire following SpaceX's record-breaking IPO, raising questions about modern wealth limits as his empire expands across AI and electric vehicles.

International Business Times UK

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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

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…

France 24

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.

The Economic Times

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

Elon Musk’s SpaceX set to make history with US stock market debut

The stock market float on Wall Street is expected to raise 75 billion dollars (£56.2 billion)

Evening Standard

A look at the SpaceX IPO by the numbers

Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk's plans to take the rocket maker public

AAP

US markets plunge: Dow Jones, S&P 500 and Nasdaq crash as Trump’s Iran threat sparks a risk-off market selloff, pushing the U.S. dollar higher and oil prices sharply upward

Dow Jones, S&P 500 and Nasdaq crashed as Trump’s Iran threat reignited fears of a wider Middle East conflict. Investors rushed into the U.S. dollar while WTI oil surged toward $90. Rising energy prices now threaten inflation, interest-rate expectations, and economic growth. The selloff reveals how quickly geopolitics can reshape…

The Economic Times

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The Mary Sue

Los Angeles woman goes to Target. Then someone leaves M&Ms, Reese’s—and a note on her Tesla windshield

When you’re out shopping, you don’t expect too much out of the ordinary. It would certainly be ominous to stumble upon an anonymous note with candy on your windshield. One Los Angeles woman noticed this on her Tesla during her recent trip to Target, causing viewers to debate the suitability…

Barchart

Bearish Setups Alert: June 11th Bear Put Spread Scan Results

With the stock market under pressure, it’s a good time to check in on our bear put spread screener.

The Economic Times

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'

Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not current reality. Chanos also expresses skepticism about the data center sector's profitability. Investors are watching closely, especially after past losses betting against tech giants. SpaceX's offering is poised to…

The Economic Times

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people

Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement,…

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Fortune

SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

InsideEVs

Tesla Apparently Won't Let Cybertruck Buyers Transfer FSD Without Spending Another $20k

Tesla's FSD transfer program terms changed and buyers of the new Cybertruck AWD trim found themselves being unable to move the software from their trade-in.

InsideEVs

This Tesla Model 3 Went Nearly 400 Miles In A Range Test, 30 More Than Its EPA Rating

Edmunds’ latest range test shows the rear-wheel-drive Tesla Model 3 Premium easily beating its official range and showing remarkable efficiency.

MarketBeat

An Analyst Just Raised Tesla's Price Target by 227%—Here's Why

JPMorgan's dramatic Tesla reset is the latest sign that Wall Street is finally valuing the right parts of this business.

Barchart

Xpeng’s AI Progress Should Give XPEV Stock a Big Boost in the Long Term

Given Xpeng's considerable progress when it comes to technology, the valuation of XPEV stock appears to be very low.

GOBankingRates

The 12 Worst Cars for Retirees Who Want To Travel and Downsize

Auto expert Chris Pyle identifies 12 worst cars for retirees including Jeep Wrangler, Lincoln Nautilus, new trucks, Tesla and Rivian due to repair costs and depreciation.

The Independent UK

Who pays when a self-driving car crashes? BYD’s answer could change the industry

DRIVESMART: BYD has become the first major car maker to offer damage cover for accidents involving its self-driving technology in China. It has reignited the debate over who is responsible when an autonomous car crashes, writes EV editor Steve Fowler

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