Elon Musk

SpaceX shares slip for third day, shedding $600 billion in market value

The stock fell 16% Monday to close at $154.60, the lowest level since the company's first day of trading, pushing its 3-day loss to 23% and erasing over $600 billion in value over that period

Updated On: 23 Jun 2026 | 10:20 AM IST

X suffers outage for thousands of users in US, shows Downdetector

More than 27,000 users reported problems accessing Elon Musk-owned social media platform X, according to outage-tracking website Downdetector

Updated On: 22 Jun 2026 | 8:12 PM IST

Capital gains don't deserve a special tax privilege if labour doesn't

There are also social risks that accompany huge bets on labour-saving technologies like AI and robotics

Updated On: 19 Jun 2026 | 11:00 PM IST

SpaceX deal with Cursor turns four MIT classmates into billionaires

SpaceX formally agreed to buy Cursor Tuesday in an all-stock deal that values the company at $60 billion

Updated On: 17 Jun 2026 | 7:50 AM IST

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

Updated On: 17 Jun 2026 | 7:40 AM IST

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

Updated On: 16 Jun 2026 | 10:03 AM IST

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

Updated On: 14 Jun 2026 | 2:02 PM IST

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

Updated On: 13 Jun 2026 | 7:43 AM IST

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

Updated On: 12 Jun 2026 | 10:34 PM IST

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

Updated On: 12 Jun 2026 | 3:14 PM IST

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

Updated On: 12 Jun 2026 | 8:49 AM IST

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

Updated On: 12 Jun 2026 | 7:46 AM IST

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

Updated On: 12 Jun 2026 | 7:32 AM IST

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?

Updated On: 11 Jun 2026 | 2:20 PM IST

Talks with India remain productive, awaiting final clearance, says Starlink

Elon Musk-led Starlink continues to be in active discussion with the Indian government and has received encouraging feedback on its capabilities to advance India's connectivity goals, a senior official of the satellite firm said on Wednesday. Starlink has applied for a licence to start satellite communications services in India. The government has issued a letter of intent to the company and the final license is awaited. "Starlink remains in active and productive discussions with the Government of India contrary to misleading stories based upon unsubstantiated claims from anonymous sources. We have worked with the Government through all of the required regulatory and compliance processes in a transparent and responsible manner," Lauren Dreyer, Vice President, Starlink Business Operations, said on social media platform X. Her post came in response to a source-based report that claimed India has effectively frozen approvals for Starlink to begin commercial operations, citing concerns

Updated On: 10 Jun 2026 | 5:52 PM IST

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.

Updated On: 09 Jun 2026 | 10:32 PM IST

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

Updated On: 09 Jun 2026 | 1:37 PM IST

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

Updated On: 09 Jun 2026 | 12:24 PM IST

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

Updated On: 08 Jun 2026 | 6:25 PM IST

India's birth rate has fallen below replacement level, says Elon Musk

SpaceX CEO Elon Musk on Saturday noted that India's birth rate has fallen below replacement. "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. Musk was quoting data by media outlet AF Post which said on the social media site that India's fertility rate has fallen below replacement for the first time in the country's history, "declining from a TFR (Total Fertility Rate) of 2.3 to 1.9 in just a decade. Delhi's fertility rate now sits at 1.2, lower than Finland's." AF Post cited a June 4 article from The Economist titled 'India's population will soon be falling-probably quite fast.' Last year, United Nations Population Fund (UNFPA) 2025 State of World Population (SOWP) Report said that India's total fertility rate has declined to 1.9 births per woman, falling below the replacement level of 2.1, which means that on average, Indian women are having fewer children th

Updated On: 07 Jun 2026 | 6:22 AM IST