19 Jun 2026
A Trillion Dollars Isn’t Worth It If You Have to Be Elon Musk
"What shall it profit a man, if he shall gain the whole world, and lose his own soul?" — some homeless Palestinian Elon Musk is, at least on paper, the world’s first trillionaire. He reached that milestone on June 12, after SpaceX debuted as a publicly-traded company on the U.S. stock market at an initial offering of $150 per share. At the time of writing, that price has risen to about $185,…
19 Jun 2026
Elon Musk says his trillionaire SpaceX IPO is ‘inspiring’ for humanity. It could help smash US democracy as we know it
The disconnect between the ivory rocket ship of Silicon Valley and the rest of the country has never seemed more profound.
19 Jun 2026
Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
19 Jun 2026
Luca Guadagnino’s Sam Altman, OpenAI Film ‘Artificial’ Dropped by Amazon MGM Studios
Amazon MGM Studios has dropped Luca Guadagnino ‘s upcoming film about OpenAI CEO Sam Altman , The Hollywood Reporter has confirmed.
19 Jun 2026
Musk's SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders
SpaceX 's record-breaking IPO boosted founder and CEO's Elon Musk 's personal stake in the company to more than $1 trillion. But he isn't the only one seeing huge gains from SpaceX's blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark.
19 Jun 2026
Here's What I Think Is Going on With SpaceX Stock
Space Exploration Technologies ( SPCX 3.44% ) blasted onto the scene, completing the world's biggest initial public offering and three straight days of gains that brought market value to more than $2.5 trillion.
18 Jun 2026
Sweden tells EU to reject Tesla ‘FSD’ unless speeding is removed
Sweden’s transport authority has told the European Union it should vote against approving Tesla’s “Full Self-Driving (Supervised)” across the bloc unless the system’s ability to exceed posted speed limits is removed.
18 Jun 2026
California’s counting on an IPO tax windfall. Several factors are complicating the equation
The iconic Golden Gate Bridge and the stunning San Francisco skyline as seen from the Marin Headlands during the vibrant spring season. Dan Kurtzman | Moment | Getty Images A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The…
18 Jun 2026
Will Tesla Be Acquired by SpaceX? And Does That Make Tesla Stock a Buy?
Now that SpaceX ( SPCX 5.22% ) has successfully gone public, there is speculation that the company could acquire fellow Elon Musk-back company Tesla ( TSLA 2.19% ) . Prediction market Kalshi already places the odds of it happening before May 1, 2027, at 54%, while SpaceX President Gwynn Shotwell has also floated the idea, saying it "might make Elon's life a little easier." The two companies…
