Elon Musk is a technology entrepreneur and co-founder of OpenAI (2015, left the board in 2018) who later founded xAI in 2023. He also owns X (formerly Twitter) and leads Tesla and SpaceX.
Elon Musk's xAI has leased its entire 220,000-GPU Colossus 1 supercomputer in Memphis to rival AI firm Anthropic for roughly $1.25 billion per month, after the facility proved unsuitable for training …
A giant inflatable caricature of Elon Musk appeared in Times Square on Thursday, one day before SpaceX's record-setting initial public offering, as advocacy group Safe AI Now protested the company's A…
SpaceX, Anthropic, and OpenAI are leading a surge of initial public offerings this summer, with SpaceX targeting a $75 billion raise at a potential $2 trillion valuation in what would be the largest I…
Elon Musk has become the world's first trillionaire, amassing a fortune so vast that it defies comprehension. A trillion dollars could solve world hunger by 2030, fund OpenAI's compute needs, and stil…
Elon Musk has become the world’s first trillionaire after SpaceX’s IPO pushed his net worth past the $1 trillion mark, 110 years after John D. Rockefeller became the first billionaire. Musk’s wealth, …
Elon Musk became the world’s first trillionaire Friday after SpaceX shares opened at $150, an 11% gain from its IPO pricing, pushing the company’s market capitalization above $2 trillion. The rocket m…
SpaceX began trading on the Nasdaq Global Select Market and Nasdaq Texas under the ticker SPCX on Thursday, with its $75 billion IPO priced at $135 per share and valuing the company at $1.77 trillion,…
SpaceX shares surged 13% above their $135 IPO price in Friday's market debut, pushing the company's valuation past $2 trillion and making it the most valuable publicly traded U.S. company behind only …
SpaceX began trading on Nasdaq on June 12 at $135 per share in one of the most anticipated and controversial public offerings in history. The IPO allows the public to buy shares of the combined rocket…
SpaceX shares are poised to jump roughly 30% from their $135 offering price when trading begins Friday on the Nasdaq under the ticker SPCX, following Elon Musk’s company completing a record $75 billio…
SpaceX, Elon Musk's rocket, satellite, and AI company, launched the largest initial public offering in history Thursday evening, pricing shares at $135 each and raising $75 billion. The IPO values Spa…
SpaceX is preparing for a June 12th IPO, raising questions about how an unprofitable company can justify going public, while CEO Elon Musk faces backlash for encouraging rioters in Belfast and posting…
SpaceX's IPO prospectus reveals that Middle Eastern sovereign wealth funds, including Saudi Arabia's Public Investment Fund and UAE-based MGX, hold significant stakes in Elon Musk's rocket company and…
SpaceX made history with a $75 billion IPO, the largest-ever amount raised in an initial public offering, as the company prepares to begin trading Friday on the Nasdaq. The $1.8 trillion rocket, satel…
Elon Musk's net worth has surpassed $1 trillion, driven by retail investors lining up to purchase shares in SpaceX's debut. The milestone underscores Musk's dominance in the space and electric vehicle…
SpaceX President Gwynne Shotwell said in a CNBC interview Friday that a merger between SpaceX and Tesla is possible, stating the two Elon Musk-led companies share synergies and a future convergence of…
SpaceX's upcoming IPO will make many people wealthy, but most retail investors will not see significant gains. The company set aside 30 percent of its shares for individual investors, yet demand has a…
SpaceX, OpenAI, and Anthropic are preparing initial public offerings with a combined valuation approaching $3 trillion, potentially reshaping public markets. SpaceX filed confidential IPO paperwork in…
Elon Musk, worth $696 billion as of Wednesday, is poised to become the world’s first trillionaire when SpaceX goes public Friday with a projected IPO valuation of $1.77 trillion. A trillion dollars eq…
SpaceX launched its initial public offering today in what is expected to become the largest IPO in history, with the company targeting a valuation of approximately $1.7 trillion. The listing could mak…