Financial News

Genesis AI, a global full-stack robotics company, today announced the appointments of two senior leaders as the company rapidly expands its talent pool and accelerates toward the introduction of its first general-purpose robot. Damien Kieran, who was formerly Chief Legal and Privacy Officer at Sam Altman's Tools for Humanity and Chief Privacy Officer and Deputy General Counsel at X, joins as Head of Legal. Pally Kumar has been appointed Head of Operations, and has leadership experience in roboti

SpaceX long-awaited IPO filing arrived Wednesday afternoon, offering investors their first detailed look at Elon Musk’s rocket and AI empire. SpaceX is going after what it describes as a $28.5 trillion addressable market “to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The IPO is expected to raise a record amount of money, valuing Elon Musk’s company at roughly $2 trillion—enough to turn the world’s richest person into a trillionaire.

Somewhere between a thought experiment and a margin call, SpaceX has a price. On Hyperliquid, a decentralized derivatives venue, a synthetic contract called SPCX-USD recently changed hands around $203. Plug that price into the company’s share count and the implied valuation lands at roughly $2.4 trillion. At that level, a SpaceX initial public offering would ... SpaceX Is Quietly Trading at a Price That Would Make It 23x Bigger Than Facebook’s IPO

Investors are in a new age of commercial space activity—and a new era of personal wealth. Tesla and SpaceX CEO Elon Musk, already the world’s richest person, is now the world’s first trillionaire. On Wednesday, his rocket company, SpaceX, released its initial public offering registration statement to the public.

The U.S. government is stepping directly into the quantum race, committing billions in incentives — and taking equity stakes in the companies it’s backing.

SpaceX's latest filing shows new details about the agreements with Tesla and Intel, its two partners in the Terafab AI chip factory.

Analysts speculate that Elon Musk will merge his two companies but traders on prediction markets are not so certain.

Dan Ives, Wedbush, Joel Shulman, Entrepreneurshares, and CNBC's Seema Mody join 'Power Lunch' to weigh in on the SpaceX IPO.

Here is the part of the SpaceX IPO story most coverage glossed over: Tesla (NASDAQ:TSLA) wrote a $2 billion check to xAI in January 2026, and weeks later that check effectively cleared into SpaceX. The $2 billion that quietly changed addresses According to the SpaceX S-1, in January 2026, Tesla entered into an agreement with ... Tesla’s $2 Billion xAI Bet Just Got Folded Into SpaceX: The Hidden Story Behind the IPO

Tesla's China launch comes as rivals expand their own assisted-driving systems.

Filings show growing financial links across Elon Musk's companies.

The last deliveries of the Tesla Model S and Model Y are complete and the vehicles are no longer being produced. Here's how Tesla stock has performed since the Model S launched.

In the shadow of the massive SpaceX IPO, the stock of Elon Musk’s other big company is struggling. SpaceX could debut with a $2 trillion market cap as it raises $80 billion. It will need the money. The SpaceX loss in the first quarter was $4.3 billion against $4.69 billion in revenue. The loss was ... Tesla’s Stock Price Problem Refuses To Go Away

Australian judge questions company's handling of class action case

SpaceX (SPAX.PVT) has officially filed for its initial public offering (IPO). Elon Musk's company is reportedly expected to raise $80 billion for a $2 trillion valuation. Yahoo Finance Technology Editor Dan Howley and Morning Brief host Julie Hyman take a deeper dive into the company's numbers and prospects in the video above.

Imagine looking at your retirement account and seeing that your money is helping build a city on Mars. That scenario is no longer science fiction. SpaceX has officially filed its S-1 paperwork to go public, opening its doors to Wall Street and retail investors alike. An S-1 is a formal document a company must file ... Wall Street is About to Fund the First City on Mars. Here are the Craziest Details from the SpaceX S-1.

Virtuix Inc. (NASDAQ:VTIX) is pushing its VR treadmill technology beyond gaming and into military training, robotics and virtual simulation as the company expands into defense and enterprise markets. In recent weeks, Virtuix announced a U.S. Marine Corps infantry training project...

The transactions, disclosed in SpaceX's IPO filing, reveal the scale of commercial dealings between two companies controlled by Elon Musk

TSLA launches Full Self-Driving in China, opening new software revenue opportunities as XPeng, BYD and Geely ramp up self-driving competition.

(Bloomberg) -- The S&P 500 Index has had a fitful 2026 as it aims for a fourth-straight year of double-digit percentage gains, something it hasn’t done since the 1990s, while contending with risks from the war in Iran and rising inflation. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to L

Tesla CFO Offloads Stock While Investors Focus on Robotaxi and China

Ticker SPCX will trade on Nasdaq with Musk retaining 85.1% of voting power

Ferrari N.V. stands alone in the auto sector, boasting stable 22% profit margins and a filled order book through 2027. Read more on RACE stock here.

CNBC’s “Halftime Report” Investment Committee discusses whether Nvidia's outlook after the company's latest earnings report.

The latest quarterly earnings from Big Tech companies have given investors ample reason to stay invested in the AI trade, helping lift equities despite the unprecedented disruption in ‌the oil markets that has clouded the economic growth outlook. Nvidia rounded out the results from the so-called ‌Magnificent Seven that includes Alphabet, Apple, Microsoft, Amazon.com, Meta Platforms and Tesla. Revenue ​growth at the Magnificent Seven remains highly uneven, with Nvidia's blistering pace helping maintain its dominant lead.

Tucked inside SpaceX’s pre-IPO S-1 filing are two project names most investors have never heard. Macrohard is an agentic AI software platform, and Terafab is a vertically integrated chip fabrication initiative. Tesla is the partner on both. SpaceX disclosed that financial terms, intellectual property rights, and the ultimate term of the collaboration are not yet ... Macrohard and Terafab: The Tesla and SpaceX Joint Ventures Wall Street Hasn’t Priced In

Houston, TX, May 21, 2026 (GLOBE NEWSWIRE) -- Giga Energy today announced that Angad Sandhu has joined the company as Chief Technology Officer. Sandhu brings experience from both Tesla and Google, where he helped lead large-scale manufacturing and data center infrastructure projects during a period of rapid growth in AI and cloud computing. Angad Sandhu, Chief Technology Officer at Giga Energy “We could not be more excited to have Angad on our team,” said Matt Lohstroh, CEO of Giga Energy. “Not

Tesla stock rose early Thursday after SpaceX filed its IPO registration statement, fueling speculation about a megamerger between the two companies as their ties and overlap deepen. Tesla stock was up 1.2% in premarket trading at $422.18, while and futures were down 0.3% and 0.2%, respectively. The move comes after the Wednesday evening release of SpaceX’s IPO filings.

The S-1 IPO registration statement for Elon Musk’s rocket company SpaceX arrived late Wednesday afternoon. SpaceX is going after what it describes as a $28.5 trillion addressable market “to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars.” The IPO is expected to raise a record amount of money, valuing Elon Musk’s company at roughly $2 trillion—enough to turn the world’s richest person into a trillionaire.

Shares of Tesla Inc.‘s (NASDAQ:TSLA) Chinese rival Li Auto Inc. (NASDAQ:LI) have seen its Benzinga Edge value score surge to 93.52 percentile, revealing a glaring disconnect between its battered equity price and fundamental worth. Deep Fundamental Value Amid Market Selloff While short, medium, and long-term price trends remain heavily pressured, value score expansion comes after a punishing year for the EV manufacturer, with shares tumbling 42.73% over the past 12 months. Benzinga Edge Stock Ran