Elon Musk

As investors debate whether SpaceX‘s blockbuster IPO is priced for perfection, Nancy Tengler says they’re asking the wrong question. The CEO and CIO of Laffer Tengler Investments argues that SpaceX isn’t the kind of company investors buy for near-term earnings projections or...

Economist Robert Reich slammed Elon Musk-led SpaceX‘s IPO scheduled for Friday, criticizing the event as a “Ponzi scheme” and comparing it with the short-lived Department of Government Efficiency (DOGE). Largest Ponzi Scheme In a post on X on Thursday, Reich shared a link to a...

GLJ Research analyst Gordon Johnson on Thursday said that the Iranian government’s adding Elon Musk-led SpaceX to its target list is a smart move for Tehran. Iran To Target SpaceX? In a post on X, Johnson said that Iran targeting SpaceX infrastructure was smart for Iranians because “the...

Investment bank Oppenheimer Holdings Inc. (NYSE:OPY) has launched the first coverage of commercial space flight company SpaceX on Wall Street, predicting a near 41% upside for the Elon Musk-led company ahead of Friday’s IPO. Oppenheimer Sets $190 Price Target In a new investor note released...

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk is on the verge of becoming the world’s first trillionaire as his space venture SpaceX’s blockbuster initial public offering pushed his estimated fortune to within $29 billion of the historic milestone. SpaceX IPO Drives Musk’s Wealth To...

Punters on prediction markets are ramping up bets that Elon Musk may eventually combine Tesla Inc. (NASDAQ:TSLA) and SpaceX into one entity. What’s Happening On Polymarket And Kalshi? Polygon (CRYPTO: POL)-based Polymarket assigned a 38% chance that the two companies will officially merge by...

Late Thursday, U.S. stock futures moved higher as investors prepared for what could become the largest initial public offering in history, with Elon Musk's SpaceX set to make its Nasdaq debut at a valuation of approximately $1.77 trillion. Dow Jones Jumps 930 Points, Nasdaq Surges As Futures Rise...

Major U.S. stock indexes finished Thursday in positive territory, with the Dow Jones Industrial Average advancing 1.86% to 50,848.75, the S&P 500 climbing 1.75% to 7,394.30, and the Nasdaq surging 2.54% to 25,809.66. The following stocks gained significant attention from retail traders and...

SpaceX is facing a new legal challenge as tribal and conservation organizations filed a lawsuit to block a federal land exchange tied to the Lower Rio Grande Valley National Wildlife Refuge in Texas. The plaintiffs argue the deal would shift hundreds of acres of refuge property into SpaceX's hands...

Retail investors are liquidating some of the biggest winners in the AI trade to raise cash for Friday’s SpaceX (SPCX) IPO, and the selling pressure is landing hardest on semiconductors. MU stock is moving. See the chart and price action here.  Data from Vanda Research shows individual...

Oracle (NYSE:ORCL) reported record fourth quarter revenue and beat analyst estimates Wednesday night, but the stock fell on weaker-than-expected guidance. The stock's drop has made co-founder Larry Ellison worth significantly less and falling down the billionaires list. Larry Ellison's Wealth Falls...

EV sales in the U.S. hit a record high in May since President Donald Trump rescinded the former President Joe Biden-era $7,500 Federal EV Credit. EV Sales Hit Record High, Average Transaction Price Goes Down On Wednesday, Cox Automotive shared that the average transaction price for a new vehicle in...

Elon Musk said on Wednesday that he keeps engaging in cultural and political fights because he views them as part of a broader struggle for the survival of civilization, in response to a French user who questioned why the world's richest man does not simply enjoy his wealth. Musk Says Civilization...

Investor Kevin O’Leary said investors should avoid trying to predict a single winner among the highly anticipated IPOs of OpenAI, Anthropic and SpaceX, arguing that owning all three may be the smarter long-term bet. O’Leary Calls For Diversification As AI IPO Wave Approaches Speaking on...

The upcoming SpaceX IPO, which is scheduled to kick off on Friday, June 12, could result in Tesla Inc. (NASDAQ:TSLA) investors exiting their positions in the EV giant, according to investor Gary Black of The Future Fund LLC. Investors To ‘Lighten’ TSLA Positions? In a post on X on...