Page 2 - Latest Updates on Elon Musk
SpaceX overtakes Amazon in value to become 5th largest stock in world
At the stock's intraday high, the market value of Elon Musk's rocket and AI company topped Microsoft Corp. to briefly become the world's fourth-largest stock
 "SpaceX overtakes Amazon in value to become 5th largest stock in world")
US court rejects Musk's xAI suit accusing OpenAI of stealing trade secrets
The judge said asking job candidates to discuss their prior work was routine, and one could not infer that OpenAI pushed Li to leak anything confidential
 "US court rejects Musk's xAI suit accusing OpenAI of stealing trade secrets")
SpaceX surge further boosts this Saudi billionaire prince's fortune
Prince Alwaleed bin Talal's investment firm Kingdom Holding Co surged after SpaceX's share gains on its first day of trading drove the value of the Saudi firm's holding to almost $7 bn
 "SpaceX surge further boosts this Saudi billionaire prince's fortune")
As SpaceX makes Elon Musk trillionaire, some dissent on NYC's streets
The protest also echoed another critique that resonated with denizens of the capitalist set: the case against fast-tracking SpaceX into equity indexes
 "As SpaceX makes Elon Musk trillionaire, some dissent on NYC's streets")
SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO
Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced
 "SpaceX blows past $2 trillion valuation as stock jumps 20% after record IPO")
As trillion-dollar fortune beckons Musk, how far behind are the rest
SpaceX's blockbuster IPO could make Elon Musk the world's first trillionaire. Here's a look at the wealthiest people globally and in India
 "As trillion-dollar fortune beckons Musk, how far behind are the rest")
Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'
Elon Musk's rocket company is spending big and losing money, raising questions about whether it can justify its valuation for its blockbuster initial public offering
 "Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'")
Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share
The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion
 "Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share")
SpaceX IPO propels Elon Musk to world's first trillionaire status
SpaceX, the satellite and AI company that together with electric-car maker Tesla form the center of Musk's empire, raised a record $75 billion in its initial public offering on Thursday
SpaceX IPO explained: Share price, valuation and risks for investors
SpaceX is set for one of Wall Street's biggest IPOs, aiming to raise $75 billion. What does the listing mean, and can Indian investors buy shares?
Talks with India remain productive, awaiting final clearance, says Starlink
Starlink has already secured a licence to offer satellite broadband services in India and has established ground infrastructure to meet regulatory and enforcement requirements
 "Talks with India remain productive, awaiting final clearance, says Starlink")
SpaceX IPO marks the peak of AI euphoria, says Chris Wood of Jefferies
SpaceX is planning to sell 555.6 million shares at a fixed price $135 per share. This will raise $75 billion and value the company at $1.77 trillion.
 "SpaceX IPO marks the peak of AI euphoria, says Chris Wood of Jefferies")
Demand surges for SpaceX's record-setting IPO as orders top $10 billion
Banks leading the offering by SpaceX are expected to stop taking orders from institutional investors on Wednesday after the market closes in New York at 4 pm
 "Demand surges for SpaceX's record-setting IPO as orders top $10 billion")
SpaceX IPO fever sparks global hunt for aerospace, satellite stocks
With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally
 "SpaceX IPO fever sparks global hunt for aerospace, satellite stocks")
Gwynne Shotwell, the force behind SpaceX's rise and Musk's ambitions
As SpaceX prepares for a landmark IPO, president Gwynne Shotwell emerges as the executive who transformed Elon Musk's vision into a global space powerhouse
 "Gwynne Shotwell, the force behind SpaceX's rise and Musk's ambitions")
India's birth rate has fallen below replacement level, says Elon Musk
"India's birth rate has fallen below replacement. Among those most educated, India's birth rate fell below replacement many years ago," the billionaire said in a post on X
 "India's birth rate has fallen below replacement level, says Elon Musk")
It reflects 'compromises': US SEC defends settlement with Musk over Twitter
The SEC also said in a footnote that the settlement if approved will allow Musk to publicly deny its accusations, reflecting a recent policy change governing defendants who settle enforcement actions
 "It reflects 'compromises': US SEC defends settlement with Musk over Twitter")
Danish pension fund blacklists SpaceX over 'catastrophic governance'
SpaceX, which submitted its IPO filing on May 20, is expected to start formal marketing of its offering next month
 "Danish pension fund blacklists SpaceX over 'catastrophic governance'")
Best of BS Opinion: Quad relevance, fuel pricing, and a Cockroach Party
From the implications of warming US-China ties and the future of the Quad to fuel-pricing reforms, SpaceX governance and youth discontent, here are today's key opinion pieces
 "Best of BS Opinion: Quad relevance, fuel pricing, and a Cockroach Party")
SpaceX lowers IPO valuation target to at least $1.8 trillion
SpaceX is targeting a valuation of at least $1.8 trillion in its IPO, potentially making it the largest public offering in history
 "SpaceX lowers IPO valuation target to at least $1.8 trillion")