Tagged: elon musk

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

February 3, 2026 @ 9:15 pm By Omar Faridi  |  

Billionaire tech entrepreneur Elon Musk has orchestrated the acquisition of his artificial intelligence venture, xAI, by SpaceX, his pioneering rocket and satellite company. Announced on February 2, 2026, this merger consolidates two of Musk’s flagship private enterprises into a single powerhouse entity, valued at an… Read More

January 25, 2026 @ 6:27 pm By Omar Faridi  |  

At the World Economic Forum in Davos on January 22, 2026, Elon Musk delivered a rather bold forecast that has given the tech sector something to think carefully about. Musk’s recent remarks could also lead to interesting debates on how the global economy could evolve… Read More

January 19, 2026 @ 2:13 pm By Omar Faridi  |  

In a dramatic turn in the ongoing legal feud between tech billionaire Elon Musk and artificial intelligence focused OpenAI, prediction markets are signaling increased confidence in Musk’s potential victory. According to data from Kalshi, a platform allowing users to wager on real-world events, the probability… Read More

January 12, 2026 @ 11:30 pm By Omar Faridi  |  

X, the social media platform led by Tesla and SpaceX founder Elon Musk, is gearing up to roll out a significant upgrade to how users discuss financial markets. Announced by Nikita Bier, X’s Head of Product, the new Smart Cashtags feature promises to bring greater… Read More

January 7, 2026 @ 11:53 am By Omar Faridi  |  

xAI has reportedly closed a $20 billion Series E funding round. Announced on January 7, 2026, this infusion of capital is set to propel the company’s ambitious goals, focusing on enhancing its flagship AI model, Grok, and establishing what could become the planet’s most extensive… Read More

December 8, 2025 @ 4:21 pm By JD Alois  |  

The European Union has fined Elon Musk and his company X €120 million (~$140 million) for claims that X violated the Digital Services Act.  The DSA can impose penalties on platforms and individuals if they are deemed to have enabled “illegal content.”  Platforms must also open up data to amorphous… Read More

November 13, 2025 @ 4:26 pm By JD Alois  |  

Elon Musk, founder of Tesla, SpaceX, and owner of X (formerly Twitter), has posted that X has just released a new communications stack that includes encrypted file transfers, messages, and audio/video calls. Musk has long messaged that X’s goal is to be the Everything App. A… Read More

October 28, 2025 @ 8:57 am By JD Alois  |  

Last night, Elon Musk revealed that his solution to Wikipedia, Grokipedia version 0.1, is now live. Musk has criticized the information on Wikipedia for years, calling it unbalanced. Musk said even this first version of Grokipedia was superior to Wikipedia. Wikipedia has been challenged for… Read More

July 18, 2025 @ 11:24 am By Omar Faridi  |  

Elon Musk’s vision to transform X, formerly Twitter, into an all-encompassing “super app” is taking a leap forward with the introduction of in-app trading and investment features. According to now former X CEO Linda Yaccarino, the platform is poised to integrate financial services seamlessly, allowing… Read More

June 24, 2025 @ 10:47 pm By Omar Faridi  |  

In a move to redefine the digital landscape, Elon Musk’s X platform is gearing up to introduce in-app trading and investment capabilities, marking a significant step toward its transformation into a comprehensive “super app.” Announced by X CEO Linda Yaccarino at the Cannes Lions advertising… Read More