17 Jun 2026
Is SpaceX Really Worth Trillions? Let Grok Explain.
Tech Tech Elon Musk’s company isn’t being overvalued at a number that’s completely untethered to reality—it’s a lesson in how to be a business alpha Getty Images/Ringer illustration Last week, Elon Musk’s space exploration company, SpaceX—which also includes xAI, an artificial intelligence business; X, a social network; and Starlink, a satellite-internet service—enjoyed a blockbuster IPO on the…
Brian Phillips
2026
17 Jun 2026
The Boring Company just doubled its tunneling power in Nashville
The Boring Company's Prufrock MB2 tunnel boring machine has completed commissioning and is ready to launch in Nashville as part of the Music City Loop project, with MB3 shipping in August 2026.
@teslarati
2026
16 Jun 2026
SpaceX Buys Cursor In Largest Startup Acquisition Ever At $60 Billion
SpaceX just executed the largest acquisition of a venture-backed startup in history, exercising its option to buy Cursor parent Anysphere for $60 billion in an all-stock deal that pulls a rocket company straight into the center of the AI coding war.
Sandy Carter
2026
16 Jun 2026
Elon's super currency: SpaceX' surging stock paid for the $60 billion Cursor acquisition in just a few hours of trading
SpaceX’s stunning IPO pop has driven Elon Musk’s net worth to astronomical levels. It’s also given him an extraordinary business tool: a supercurrency for mergers and acquisitions.
Lily Mae Lazarus
2026
15 Jun 2026
Elon Musk’s Trillion-Dollar Week Turned Out to Be Something Much Darker
The Industry His fortunes reached new heights while his online behavior reached new lows. By Nitish Pahwa
Nitish Pahwa
2026
15 Jun 2026
SpaceX Stock Soared 19% on Its Market Debut. Here's Why I'm Not Buying It.
SpaceX ( SPCX +8.28% ) went public on Friday, June 12, and ended the day with a 19% gain. The company had a market capitalization of $2.1 trillion at the close of trading, making it the world's seventh-most-valuable company. While SpaceX is best known for developing the world's first reusable rockets, management believes space-related solutions actually represent its smallest financial…
Anthony Di Pizio
2026
15 Jun 2026
The Market Crowned a Trillionaire and Caged the Boy It Trained | by Nate Erskine | Jun, 2026
On Friday, June 12, 2026, two headlines sat stacked on top of each other in my LinkedIn feed. They weren’t a moral test, but they functioned as one. The first: SpaceX surged 19% in its Nasdaq debut, closing at a $2.1 trillion market cap and making Elon Musk the world’s first trillionaire. The second, directly beneath it: a federal appeals court rejected Sam Bankman-Fried’s bid to overturn his…
Nate Erskine
2026
13 Jun 2026
How rich is a trillionaire? Elon Musk can sponsor IPL for 17,000 years, spend Rs 1 crore daily for 23,500 years
When most people hear the word 'trillion', it is difficult to grasp just how large that number really is. A million sounds huge. A billion sounds almost unimaginable. But a trillion is an entirely different scale. The question has taken centre stage after Elon Musk became the world's first trillionaire, a milestone driven by soaring valuations of his companies, including Tesla, SpaceX and xAI.…
News Desk
2026
13 Jun 2026
SpaceX stock soars in debut and makes Elon Musk the first trillionaire
Gwynne Shotwell, President and COO of SpaceX celebrates with colleagues during a bell ringing ceremony for the IPO of SpaceX at the Nasdaq MarketSite in New York, Friday, June 12, 2026, in New York. Frank Franklin II/AP Photo/Frank Franklin II NEW YORK (AP) — Elon Musk became the world’s first trillionaire after shares of his rocket company SpaceX soared in Wall Street's biggest initial public…
Bernard Condon, By BERNARD CONDON
2026
