Elon Musk's dramatic cost‑cutting experiment in Donald Trump's second term has ended with the shutdown of the Department of Government Efficiency and an $11 billion hole in the US budget.
Bgie Areña
Jul 05, 2026
SpaceX has quietly shown investors a slim AI phone prototype, months after Elon Musk publicly denied any phone plans, raising fresh questions over his wider tech ambitions.
Kenneth Axl
Jul 05, 2026
Stocks included in the Nasdaq 100 index get a boost, as exchange-traded funds buy shares of the newly included firms as they seek to replicate the index's performance. J.P. Morgan has reportedly estimated that the entry of SpaceX in the Nasdaq 100 may likely infuse $4.3 billion in passive inflows.
U.B. Prem
Jun 27, 2026
Elon Musk's Grok AI ran the numbers on Ethereum and came back with a target that treats years of brutal underperformance as the setup, not the warning.
Isaiah McCall
Jun 24, 2026
SpaceX shares fell below the company's IPO price of $150 as a wider rout in tech stocks continues.
Demian Bio
Jun 23, 2026
SpaceX announced a bond sale on Monday, saying it will use the funds to pay for bridge financing and general purpose needs. Stocks are plummeting during the session.
Demian Bio
Jun 22, 2026
Elon Musk argues AI could lead to economic abundance, impacting inflation and currency. SpaceX's Bitcoin holdings highlight his interest in digital assets amid debates on AI's societal impact.
Chrys Brent Deiparine
Jun 21, 2026
The so-called "godfather of AI" called Elon Musk's xAI a "failure" while also voicing concerns about an AI "big bubble explosion."
Brian Slupski
Jun 18, 2026
SpaceX is now the fourth largest company in the U.S. by market capitalization in its third day of trading.
Demian Bio
Jun 16, 2026
SpaceX continued climbing in its full trading session on Monday, building on large gains from last Friday, when it marked the biggest initial public offering in history.
Demian Bio
Jun 15, 2026
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.
Chelsie Napiza
Jun 14, 2026
Stocks climbed on Friday after SpaceX's IPO and Donald Trump's claim that a deal with Iran is imminent.
Demian Bio
Jun 12, 2026
SpaceX began trading in Nasdaq on Friday at $150 after a $135 pricing.
Demian Bio
Jun 12, 2026
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.
Demian Bio
Jun 11, 2026
Iran threatened to strike Elon Musk's companies, including SpaceX's Starlink service.
Demian Bio
Jun 11, 2026
SpaceX has told banks working on its IPO that it won't change its share price, currently set at $135, according to a new report.
Demian Bio
Jun 05, 2026
SpaceX is seeking a valuation of approximately $1.75 trillion in its planned initial public offering, positioning the Elon Musk-led company for one of the largest stock market listings ever recorded.
Merin Rebecca Thomas
Jun 02, 2026
xAI asked employees for their tax returns to train its model and promised to pay them for it, but months later that has not changed, according to a new report.
Demian Bio
May 19, 2026
A federal court on Monday dismissed the lawsuit Elon Musk filed against OpenAI and its leadership, saying he took too long to do so.
Demian Bio
May 18, 2026
A nine-person jury in Oakland began deliberating Monday in the most consequential corporate governance trial in the history of American artificial intelligence, weighing whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted a nonprofit AI research lab into an $852 billion public benefit corporation.
Kyle Belmonte
May 18, 2026
A cash-printing satellite network, an entrenched launch monopoly, and a $14-billion-a-year AI furnace are about to be priced under a single ticker. The hard part isn't the size. It's deciding what SpaceX actually is.
Tom Kong
May 16, 2026
A nine-person jury in Oakland will begin deliberating Monday on whether OpenAI CEO Sam Altman and president Greg Brockman violated charitable-trust law when they converted the nonprofit AI lab they co-founded with Elon Musk into a $500-billion for-profit corporation.
Kyle Belmonte
May 15, 2026