Tag: elon musk

SpaceX debut draws a crowd, but few recent hot IPOs outpace the market
Posted in Startups

SpaceX debut draws a crowd, but few recent hot IPOs outpace the market

Wall Street is abuzz with next month’s expected blockbuster debut of Elon Musk‘s rocket and satellite maker SpaceX, but few of the biggest IPOs in…

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FILE PHOTO: A bust of Elon Musk, as SpaceX prepares to file for an initial public offering (IPO), in Brownsville, Texas, U.S (REUTERS)
Posted in Business

The Secrets Revealed in SpaceX’s IPO Filing

SpaceX’s IPO filing sheds light on the finances and operations of the world’s largest private company. It is expected to set a record for biggest…

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During the course of this trial, Elon Musk testified that his own AI startup OpenAI distilled many other AI models. (File photo)
Posted in Business

Tech Tonic | Musk v. Altman, and a reality of bickering adults holding AI’s keys

Absolute shambles to close the Musk v. Altman trial, with the judge ruling that Elon Musk took far too long to sue OpenAI and CEO…

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Elon Musk
Posted in Business

Elon Musk’s Tesla Compensation Last Year Surpassed $158 Billion

The world’s richest man just got a little richer.Elon Musk’s first installment of his moonshot compensation package at Tesla came in at $158.4 billion for…

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The Tesla Cybercab. The Tesla Compact SUV is likely to feature a single electric motor instead of two powered by a smaller battery, which would mean a shorter driving range. (Reuters)
Posted in Business

Tesla is working on a compact SUV, signalling revival of ‘affordable EV’ plans| Business News

Tesla Inc. is said to be working on an all-new smaller and cheaper electric car—a compact SUV—as the company led by the world’s richest person…

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SpaceX wants early inclusion on Nasdaq 100 index, making it a necessary condition for a potential listing on the tech-heavy exchange. (Reuters)
Posted in Business

SpaceX files for potentially biggest IPO in history, listing likely in June 2026| Business News

SpaceX, the rocketmaker and satellite operator controlled by billionaire Elon Musk, has confidentially filed for an initial public offering, which could pave the way for…

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SpaceX wants early inclusion on Nasdaq 100 index, making it a necessary condition for a potential listing on the tech-heavy exchange. (Reuters)
Posted in Business

Elon Musk’s SpaceX weighs Nasdaq listing after biggest IPO of all time| Business News

Elon Musk’s rocket and satellite maker SpaceX is leaning toward listing its shares on the Nasdaq for what could rank as the biggest initial public…

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A SpaceX shuttle. (Official image)
Posted in Business

Elon Musk’s companies plan to build AI data centres, in space| Business News

The fact that two of Elon Musk’s companies are merging, has nothing to do purely with accounting or resources allocation or efficiency or any of…

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Tesla vehicles are show at a Tesla dealership in Buena Park, California. (Reuters)
Posted in Business

Tesla reports 61% drop in Q4 profit on lower EV sales, higher AI spending| Business News

Tesla Inc. has reported a 61% drop in fourth-quarter profits due to lower sales even as CEO Elon Musk doubles down on AI investments. Tesla…

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SpaceX told its employees in December it’s entering a quiet period and that they should refrain from discussing the IPO (AFP)
Posted in Business

Musk’s SpaceX lines up banks to lead IPO: Report| Business News

SpaceX has lined up four banks to lead its initial public offering, according to the Financial Times, as Elon Musk’s rocket and satellite firm moves…

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