Tagged: elon musk

November 8, 2026 @ 10:22 pm By Omar Faridi  |  

Elon Musk recently outlined an aggressive near-term revenue outlook for SpaceX (NASDAQ: SPCX) during a discussion at the Baron Investment Conference in New York. The company’s chief executive indicated that fourth-quarter sales should rise by roughly 70 percent from the third quarter’s already elevated base… Read More

October 31, 2026 @ 4:21 pm By Omar Faridi  |  

Hackers who drained Binance hot wallets this week walked away with 18,270 bitcoin, a sum larger than Tesla’s (NASDAQ: TSLA) disclosed corporate holdings and roughly 2.3 times the bitcoin sitting in El Salvador’s national reserve wallets. At roughly $78,500 per coin, that bitcoin slice alone… Read More

October 27, 2026 @ 11:46 am By Omar Faridi  |  

SpaceX (NASDAQ: SPCX) or Space Exploration Technologies Corp. has entered a binding commitment for an equipment financing arrangement totaling approximately $40 billion, positioning the company to secure large volumes of advanced computing hardware while its chief executive warns that most specialized artificial intelligence cloud providers… Read More

October 25, 2026 @ 2:02 am By Omar Faridi  |  

Tesla (NASDAQ: TSLA) delivered stronger-than-anticipated third-quarter results this week, with adjusted earnings per share reaching 48 cents against Wall Street forecasts of roughly 43 cents. Revenue also edged past projections, coming in near $28 billion. Most notably, free cash flow swung to a positive $1.5… Read More

October 21, 2026 @ 10:28 am By Omar Faridi  |  

SpaceX (NASDAQ: SPCX) reported strong third-quarter 2026 results that underscore its rapid transformation from a pure-play launch provider into a diversified technology company dominated by artificial intelligence. The company generated $14.6 billion in revenue, a 161 percent increase from the year-earlier period, while swinging from… Read More

October 21, 2026 @ 9:19 am By Omar Faridi  |  

In a statement that underscores a shift in Tesla’s (NASDAQ: TSLA) strategic priorities, Elon Musk has emphasized that the company’s humanoid robot Optimus and its purpose-built autonomous Cybercab vehicle are expected to account for the vast majority of Tesla’s future enterprise value. The remarks, made… Read More

October 13, 2026 @ 11:48 am By Omar Faridi  |  

Elon Musk has outlined an extraordinary long-term scenario for SpaceX (NASDAQ: SPCX), suggesting the company could eventually command a valuation far exceeding the scale of the entire present-day global economy. In a post on X, the SpaceX and Tesla chief executive stated that he perceives… Read More

October 11, 2026 @ 4:15 pm By Omar Faridi  |  

As artificial intelligence focused executives, including Elon Musk, Sam Altman, and Anthropic’s leadership, have pressed world governments to approach the accelerating pace of AI development with greater restraint and foresight, a senior European official has expressed confidence that existing continental regulations can manage the risks… Read More

September 13, 2026 @ 9:12 pm By Omar Faridi  |  

The world’s leading artificial intelligence labs have spent years competing to ship ever more capable systems. This weekend, that contest produced an unusual moment of alignment. Anthropic chief executive Dario Amodei published a long essay arguing that companies should deliberately ease the speed at which… Read More

August 21, 2026 @ 8:03 am By Omar Faridi  |  

X, owned by Elon Musk, is reportedly examining the use of stablecoins as a method for distributing payments to digital content creators and influencers. According to individuals familiar with the matter, the platform is engaged in discussions about leveraging digital assets pegged to traditional currencies,… Read More

June 12, 2026 @ 7:26 pm By JD Alois  |  

Shares of SpaceX (NASDAQ:SPCX) closed up by over 20%, topping $160 today, following its initial public offering at $135 a share.  The IPO is being interpreted as a financial success for the AI/Space/internet company and as the largest firm ever to go public, with a… Read More

June 12, 2026 @ 10:08 am By JD Alois  |  

SpaceX (NASDAQ:SPCX) goes public today in an initial public offering that values the firm at $1.8 trillion. The fixed-price offering at $135 a share is off the charts on the hypeometer, with every pundit in capital markets sharing opinions on the valuation, the total addressable… Read More

June 11, 2026 @ 8:04 pm By JD Alois  |  

SpaceX, the leading space firm in the US and soon-to-be-public company, is expected to begin trading on Nasdaq tomorrow, June 12, 2026, under the ticker SPCX. The company’s initial public offering (IPO) will raise money at a whopping $1.78 trillion dollars valuation – the largest firm to… Read More

June 10, 2026 @ 10:50 am By JD Alois  |  

Senator Elizabeth Warren, the ranking member of the Senate Banking Committee, has sent a letter to the Securities and Exchange Commission (SEC) demanding that the pending SpaceX IPO be halted or delayed due to “the multitude of concerns” regarding governance and disclosures that, in her opinion, put investors… Read More

June 3, 2026 @ 5:10 pm By JD Alois  |  

As anticipated, SpaceX will issue shares at a fixed price of $135 per share, at a valuation of around $1.75 trillion. SpaceX will be pursuing the largest initial public offering (IPO) ever. According to an amended S-1 filed with the Securities and Exchange Commission today, Space Exploration Technologies… Read More

May 18, 2026 @ 3:38 pm By JD Alois  |  

Elon Musk has lost his legal battle with  Sam Altman and OpenAI (ChatGPT). Musk, a founder of OpenAI who committed funds to launch the artificial intelligence platform, took Altman to court, arguing that a non-profit cannot switch to a for-profit entity and thus have its… Read More

May 4, 2026 @ 4:54 pm By JD Alois  |  

Billionaire investor and entrepreneur Elon Musk has settled an outstanding case with the Securities and Exchange Commission.  The enforcement action was in regard to Musk’s takeover of Twitter, now called X. The allegation was that Musk delayed his disclosure of his purchases of Twitter shares,… Read More

April 28, 2026 @ 7:50 pm By Omar Faridi  |  

Cryptocurrency investigator ZachXBT has leveled serious accusations against Worldcoin, the biometric identity project co-founded by OpenAI CEO Sam Altman. The claims draw direct parallels to the controversial practices that contributed to the spectacular downfall of Sam Bankman-Fried’s FTX empire, surfacing just as Elon Musk ramps… Read More

April 5, 2026 @ 11:20 am By Omar Faridi  |  

SpaceX is readying itself for a landmark initial public offering that could push its market worth past the $2 trillion threshold, according to Bloomberg (and other outlets), which drew on information from unnamed insiders. This projected figure marks a dramatic escalation compared with the company’s… Read More

March 1, 2026 @ 2:53 pm By Omar Faridi  |  

Elon Musk‘s aerospace focused initiative SpaceX is gearing up for a confidential initial public offering (IPO) submission as early as this month. Sources indicate the company is preparing to file paperwork with the U.S. Securities and Exchange Commission, paving the way for what might potentially… Read More