SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It’s an impossible bar
The pending SpaceX IPO is generating lots of buzz by introducing the most valuable enterprise of all time…
SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500
(Bloomberg) — Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P…
U.K. Lawmaker Says She’s Suing Elon Musk’s Company Over Fake Grok Bikini Images
LONDON (AP) — A British lawmaker said Thursday she is suing Elon Musk’s company xAI for invasion of…
SpaceX blocked from early U.S. benchmark index entry as S&P reaffirms existing rules
SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow…
CNBC Daily Open: Chips are down — but not for the Dow
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE)…
xAI Asks Court to Strip Alleged Grok Deepfake Nudes Victims of Anonymity
“Factoring out the deepfake image itself—as it will remain under seal—there is nothing inherently stigmatizing about revealing the…
UK MP Fights Back Over Grok’s Deepfakes of Her
A British lawmaker is taking Elon Musk’s AI company to court over what she says it helped…
SpaceX confirms it will seek $75 billion in record IPO
Confirming earlier reporting, SpaceX (SPAX.PVT) said in a filing it will seek proceeds of $75 billion from its…
SpaceX IPO Pricing At $135 Per Share Will Value The Rocket Maker At $1.77 Trillion — Musk To Keep Ironclad Control
The money raised will help expand the company’s three main businesses, including Starship development. Only about 5% of…
CNBC Daily Open: Fresh Iran escalation worries halt stock rally
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on June…
UK police attacked during protest over death of teen Henry Nowak in Southampton
LONDON (AP) — Britain’s interior minister accused activists of hijacking a tragedy to stir up violence after police…
SpaceX targets fixed $135 IPO price for roadshow, source says
Elon Musk‘s SpaceX is planning to set a fixed price of $135 per share ahead of officially marketing…