Before the merger, Musk owned around 42% of SpaceX, which was valued at $800 billion following a tender offer in December.
Tesla CEO Elon Musk has now become the first person in history to surpass a net worth of $800 billion after the landmark merger of his rocket company .
Lucid makes some impressive cars, but it turns out beating Bugattis down the drag strip is the easy part.
The deal, which comes amid his push to prioritise AI and space exploration, signals a change within the corporate empire of Elon Musk. Here is how is net worth might get affected due to the SpaceX-xAI ...
Elon Musk merged SpaceX and xAI ahead of a potential IPO. The move revived hopes—and concerns—about AI convergence across his ...
The billionaire is folding his successful rocket maker into a loss-making AI start-up, betting scale and control can beat ...
A federal judge on Tuesday rejected Elon Musk's bid to dismiss a U.S. Securities and Exchange Commission lawsuit that claimed ...
Roth analyst Craig Irwin says any Tesla pullback is a buying opportunity because TSLA stock is being valued on high‑growth ...
Perhaps 2026 is shaping up to be one of the biggest IPO years in a while, with Elon Musk’s SpaceX reportedly poised to merge with AI firm xAI. Undoubtedly, it’s hard to tell when a potential IPO could ...
Uber showed strength for its Mobility and Delivery segments in the third quarter. Investors likely want more details on ...
Last week, speculation swirled that Tesla (NASDAQ:TSLA) and SpaceX would merge ahead of SpaceX’s planned initial public ...
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