Financial News

Here’s a prediction worth marking on the calendar: Tesla (NASDAQ:TSLA) CEO Elon Musk will become the world’s first trillionaire on June 12, the reported IPO date for SpaceX. The catalyst is easy to figure out: SpaceX’s public debut will, for the first time, place a continuously quoted market value on the largest single component of ... Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th

More diversified companies are expected to adopt Bitcoin as part of treasury diversification and fiat currency hedging strategies, Grayscale’s Head of Research says.

More diversified companies are expected to adopt Bitcoin as part of treasury diversification and fiat currency hedging strategies, Grayscale’s Head of Research says.

It is becoming easier to get into the $1 trillion market-cap club. SK Hynix and Micron Technology now belong because of the demand for memory chips. SK Hynix’s 12-month stock price jump reached 1000%. The two joined Samsung, which was recently added to the list. The $1 trillion plus list has 14 members. (The club ... 14 Companies Now Worth Over $1 Trillion

It is becoming easier to get into the $1 trillion market-cap club. SK Hynix and Micron Technology now belong because of the demand for memory chips. SK Hynix’s 12-month stock price jump reached 1000%. The two joined Samsung, which was recently added to the list. The $1 trillion plus list has 14 members. (The club ... 14 Companies Now Worth Over $1 Trillion

Tesla (NASDAQ:TSLA) is dominating every financial feed again after a 15.22% one-month rip back to $433.59, fueled by the same robotaxi and Optimus narrative that has powered the stock for years. But here’s what you should actually be watching. The Tesla Story Has a Quality Problem Tesla trades at a trailing P/E of roughly 391 ... Forget Tesla: This Cash-Rich Automotive Underdog Is A Value Buy

Tesla (NASDAQ:TSLA) is dominating every financial feed again after a 15.22% one-month rip back to $433.59, fueled by the same robotaxi and Optimus narrative that has powered the stock for years. But here’s what you should actually be watching. The Tesla Story Has a Quality Problem Tesla trades at a trailing P/E of roughly 391 ... Forget Tesla: This Cash-Rich Automotive Underdog Is A Value Buy

According to data from the European Automobile Manufacturers’ Association, Tesla sold 9,169 cars in the European Union in April, up from 5,483 units in the same period a year ago.

Green Rain Energy Holdings, Inc. is evaluating a blockchain-enabled framework to advance electric vehicle (EV) infrastructure, aiming to expand scalable and clean energy projects through innovative financing strategies. The company is considering blockchain technology and fractional economic interests in EV charging networks, potentially enhancing transparency, revenue management, and underutilized charger monetization. This approach might support decentralized EV charging networks and...

Weak Under Surface

Robotaxis may soon be a $10 trillion business.

The technical Wall Street term for investors short-selling space stocks right now is “getting your face ripped off.” Shares of commercial space companies are on fire lately. Coming into Wednesday trading, shares of Rocket Lab and AST SpaceMobile to name two, were up 74% and 55%, respectively, over the past month, leaving them both up more than 380% over the past 12 months.

Tesla (TSLA) stock rises as a 67% European EV sales explosion collides with rumors of an historic merger with a $1.25T SpaceX. See why RBC Capital targets a bullish $475 target in 2026.

Helping were sales data from Europe that showed Tesla sold 10,654 cars in April, up 46.5% year over year. It’s been a strong year for European EV sales, amid higher oil prices. In 2025, Tesla sold 238,656 vehicles in Europe, down 26.9% year over year.

Rivian stock formed a Death Cross as investors weigh the upcoming R2 launch, Rivian's challenge to Tesla's Model Y, and continued concerns around EV demand and cash burn.

American Airlines will include SpaceX's Starlink internet service on its flights; Could frequent flyer miles become "Starship miles"?

Rico Lumen, senior sector economist at ING, discusses the auto sector, EV demand and new car registrations.

SpaceX will become the largest diversified public company holding Bitcoin (CRYPTO: BTC) when it lists June 12, according to Grayscale Research.

Here are five key things investors need to know to start the trading day.

Nell Minow, ValueEdge Advisors chair, joins 'Squawk Box' to discuss the impending SpaceX IPO, questions about the company's corporate governance, lease agreement between SpaceX and Valor Equity Partners, and more.

Musk fueled excitement by calling for a “major base on the Moon” and calling lunar and Martian colonies SpaceX’s “prime directive.”

General Motors, will supply battery-electric propulsion for a lunar terrain vehicle as NASA's Moonbase goals progress.

The Mag 7 is breaking apart. Strategist Gina Martin Adams explains why Google and Amazon are emerging as AI winners based on free cash flow.

Grayscale says SpaceX will be the largest diversified public Bitcoin holder after its June IPO with 18,712 BTC.

In the EU alone, sales grew over 67%, a sign that Elon Musk’s EV maker continues to regain momentum in the region after a slump stretching more than a year.

Tesla, BYD, and Geely saw positive sales growth in Europe in April as EV sales continue to rise in the region.

-European Automobile Manufacturers' Association

Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Read Also: Tesla Sales Re

Surging demand for the memory chipmaker's AI products has sent its stock soaring. But a rally this steep doesn't come without risk.