The Nasdaq slid on Tuesday as Micron and Sandisk posted sharp losses, dragging the tech-heavy index lower. SpaceX shares rebounded but could not offset the semiconductor selloff.

7d ago · 2 min · Markets

SpaceX shares rose 11% on their Nasdaq debut after a $75 billion IPO, valuing the company at nearly $1.96 trillion and making Elon Musk the world's first trillionaire. The listing gives public investors direct access to SpaceX for the first time, with Starlink as the core growth driver.

17d ago · 3 min · Markets

Elon Musk has crossed one trillion dollars in net worth, becoming the world's first trillionaire after SpaceX's stock market debut crystallised the value of his stake in the company. The listing is also a major market event, opening one of the last large private tech companies to public investors.

17d ago · 3 min · Big Stories

Elon Musk's net worth reached roughly $1.05 trillion on June 12, 2026, after SpaceX began trading on the Nasdaq, valuing his stake at over $766 billion. The listing marks the first time a single individual's publicly priced equity holdings have crossed the $1 trillion threshold.

18d ago · 3 min · Markets

SpaceX is set to go public in what is being called the largest market debut in history, with Elon Musk's rocket and satellite company finally opening to public investors. The listing will put a public-market price on both its launch business and fast-growing Starlink broadband unit.

18d ago · 3 min · Markets

SpaceX is raising $75 billion by selling 555.6 million shares at $135 each, making it the largest IPO on record ahead of its Nasdaq debut. The deal dwarfs all prior listings and could trigger index inclusion, passive fund buying, and a fresh wave of large tech IPOs.

18d ago · 3 min · Markets

SpaceX confirmed IPO pricing for 555.6 million shares at a $1.77 trillion valuation, making it the largest public offering in history. The debut gives public investors their first direct access to Musk's rocket, satellite internet, AI, and X-owning conglomerate.

18d ago · 4 min · Markets

SpaceX is approaching an IPO that could value the company at $1.75 trillion or more, making it potentially the largest public debut in history. A pre-IPO discounted cash flow analysis across its launch, Starlink, and xAI businesses puts intrinsic value at roughly $1.22 trillion, well below rumored offering prices.

1mo ago · 5 min · Markets

SpaceX's Starlink is posting accelerating user growth as the company eyes a potential public market debut, per a new report. Faster subscriber additions bolster the satellite broadband unit's standalone valuation case and could intensify pressure for a formal IPO timeline. No listing date or structure has been

2mo ago · 1 min · Business

Elon Musk is conditioning SpaceX IPO advisory roles on banks subscribing to Grok, the AI chatbot from his company xAI. The requirement leverages SpaceX's massive deal value to drive enterprise adoption of a separate Musk product, complicating banks' typical advisory selection calculus. No timeline for the IPO has been

2mo ago · 1 min · Business

SpaceX's financials identify Starlink as the central driver of the company's revenue surge, shifting the valuation narrative from launch contracts to subscription-based satellite internet. The recurring revenue model offers cash flow stability that offsets the lumpy economics of government and commercial launch deals.

2mo ago · 1 min · Business

Charlie Ergen, founder of EchoStar and Dish Network, is positioned for a multi-billion-dollar gain on a SpaceX equity stake. The holding is notable given SpaceX's soaring private valuation and its direct competition with Ergen's satellite broadband businesses. Specific transaction details and any liquidity timeline

2mo ago · 1 min · Business

SpaceX is targeting a $2 trillion valuation in what would be the largest IPO on record, with Elon Musk planning to sell only a small equity stake to raise $75 billion from public investors. The thin float structure preserves Musk's control while unlocking a historic capital raise that would reprice the private space

2mo ago · 1 min · Markets

NASA confirmed SpaceX will launch ESA's Rosalind Franklin Mars rover on a Falcon Heavy from Kennedy Space Center, targeting late 2028. The deal replaces a Russian Soyuz arrangement severed after Russia's invasion of Ukraine. The mission, originally planned for 2009, is designed to search for signs of extraterrestrial

2mo ago · 1 min · Technology

Blue Origin's third New Glenn launch will test the rocket's booster recovery system, the key capability underpinning competitive launch economics. Success would move New Glenn closer to operational reuse status, directly challenging SpaceX's cost and cadence advantage in the heavy-lift market.

2mo ago · 1 min · Technology

Senators Warren and Blumenthal launched a formal investigation into the NLRB after the agency dropped retaliation charges against SpaceX in February. The probe focuses on whether the dismissal of charges tied to alleged retaliatory firings reflected legal merit or outside influence. No findings have been released yet.

2mo ago · 1 min · Policy & Government

Amazon has agreed to acquire satellite company Globalstar, expanding its push into low-Earth orbit connectivity to challenge Elon Musk's Starlink. The deal gives Amazon access to licensed spectrum and satellite assets that could accelerate its Project Kuiper broadband rollout.

2mo ago · 1 min · Technology

SpaceX launched a Northrop Grumman Cygnus XL spacecraft aboard a Falcon 9 rocket on a NASA ISS resupply mission. The flight delivers crew provisions and scientific payloads covering microgravity research, medical studies, and space weather experiments. Mission cadence remains a key indicator of ISS program health ahead

2mo ago · 1 min · Technology