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Musk Becomes World's First Trillionaire After SpaceX IPO

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.

Musk Hits $1 Trillion as SpaceX Lists on Nasdaq

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.

Intel, Lam Research, Tesla Q1 Earnings Due

Intel, Lam Research, and Tesla are all scheduled to report Q1 earnings as Intel's stock rallies sharply. The results will test whether Intel's foundry pivot and cost cuts are translating to margin recovery, while Lam Research's numbers will signal semiconductor equipment spending trends. Tesla's report is expected to

Tesla Recruits Taiwan Chip Engineers for Terafab

Tesla is recruiting chip engineers in Taiwan for an internal initiative called Terafab, targeting talent from the island's dense semiconductor ecosystem. The move extends Tesla's vertical integration strategy into advanced chip development, potentially reducing dependence on external suppliers for AI and autonomous

Tesla Reclaims 50-Day Line, Watches For Buy Signal

Tesla's stock has reclaimed its 50-day moving average, a technical level closely tracked by institutional investors as a momentum indicator. The recovery is notable given recent pressure on the EV maker, but analysts suggest the stock is not yet at a formal buy point. A confirmed breakout above a key pivot on heavy

Tesla Q1 Earnings: Robotaxi Timeline and Capex Scrutinized

Tesla's Q1 earnings report puts its robotaxi deployment timeline and large-scale capital expenditure plans under direct scrutiny. Both factors carry significant valuation weight, with autonomous ride-hailing central to Tesla's long-term growth thesis and heavy capex threatening near-term free cash flow. Any concrete

Tesla Energy Storage Set to Offset Car Margin Pressure

Tesla is leaning on its energy storage division to compensate for shrinking automotive margins and declining regulatory credit income. The shift reflects sustained vehicle price cuts and an expected drop in credit purchases from legacy automakers building their own EV fleets. Megapack and Powerwall deployment rates

Musk Proposes Government Income to Counter AI Job Losses

Elon Musk proposed a government-funded universal high income as a buffer against AI-driven job losses. The suggestion acknowledges automation displacement as a structural economic risk rather than a distant concern. No funding mechanism or policy vehicle was attached to the proposal.

Tesla, Apple Drag Magnificent 7 Lower as TSMC Flags AI Demand

Tesla and Apple led the Magnificent 7 technology stocks lower while TSMC signaled strong artificial intelligence demand, splitting the cohort along AI-exposure lines. TSMC's outlook matters as the primary foundry for AI chips used by Nvidia and major cloud operators. Upcoming earnings from chip designers and hyperscale

JPMorgan Warns Tesla Could Fall 60%

JPMorgan flagged Tesla with a high-caution warning, projecting a potential 60% stock decline driven by what it calls an inflated 'Musk premium' disconnected from core business fundamentals. The call underscores a persistent tension: valuation-based shorts on Tesla have historically backfired due to retail momentum and

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Tag

tesla

Elon Musk Is the World’s First Trillionaire

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

Tesla seeks Taiwan chip engineers for Terafab project

Tesla is recruiting chip engineers in Taiwan for an internal initiative called Terafab, targeting talent from the island's dense semiconductor ecosystem. The move extends Tesla's vertical integration strategy into advanced chip development, potentially reducing dependence on external suppliers for AI and autonomous

2mo ago · 1 min · Technology

Tesla Regains 50-Day Line. Here's When The Stock Could Become Actionable.

Tesla's stock has reclaimed its 50-day moving average, a technical level closely tracked by institutional investors as a momentum indicator. The recovery is notable given recent pressure on the EV maker, but analysts suggest the stock is not yet at a formal buy point. A confirmed breakout above a key pivot on heavy

2mo ago · 1 min · Markets

Tesla Q1 earnings preview: Robotaxi rollout, mega capex spending in focus

Tesla's Q1 earnings report puts its robotaxi deployment timeline and large-scale capital expenditure plans under direct scrutiny. Both factors carry significant valuation weight, with autonomous ride-hailing central to Tesla's long-term growth thesis and heavy capex threatening near-term free cash flow. Any concrete

2mo ago · 1 min · Markets

Tesla's energy storage division to pick up slack as car margins drop and credits fade

Tesla is leaning on its energy storage division to compensate for shrinking automotive margins and declining regulatory credit income. The shift reflects sustained vehicle price cuts and an expected drop in credit purchases from legacy automakers building their own EV fleets. Megapack and Powerwall deployment rates

2mo ago · 1 min · Business

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