News
You can ignore AI giants like Space X, but your 401(k) won't
1+ hour, 51+ min ago (1016+ words) While you might want to ignore all the hubbub around'Space X, Elon Musk and IPOs, your 401(k) likely can't. Space X is now worth $2. 1 trillion after its stock launched 19. 2% higher in its debut on Wall Street. Whether or not you believe…...
More and more of Musk's companies end up under the same roof. Here's a look at his sprawling empire
9+ hour, 20+ min ago (439+ words) Elon Musk, the world's richest man and now'first-ever trillionaire, controls a lot of different businesses. Electric vehicles. Brain implants. Underground tunnels. A social media platform once called Twitter. And a rocket maker that'blasted off its trading'from Wall Street this week....
Despite his new trillionaire status, Elon Musk says money "will stop being relevant" in the future because of AI
1+ day, 4+ hour ago (684+ words) Space X's IPO has made Elon Musk the world's first trillionaire, but the CEO spent the leadup to the moment espousing his belief that money won't matter one day. In a recent conversation with Peter Diamandis, an entrepreneur and executive…...
Elon Musk, the trillionaire: pay packets go multi-planetary in Space X IPO
1+ day, 7+ hour ago (558+ words) Elon Musk may never colonize Mars as promised, but enough investors consider the Space X founder to be a sort of miracle man that they'll help him reach another fantastic goal Friday when he takes the rocket company public. The…...
On the day of a historic IPO, Space X's president is already hinting at a Tesla merger: "That might make Elon Musk's life a little easier'
1+ day, 5+ hour ago (646+ words) On the day of Space X's highly anticipated IPO, President Gwynne Shotwell hinted at a move many analysts increasingly expect'that Elon Musk's two public companies will someday merge to form a Musk empire. In an interview with CNBC, she said…...
Astronaut costumes, teenage crypto millionaires, and a $300 million bet: Scenes outside the NASDAQ Space X IPO frenzy
1+ day, 5+ hour ago (219+ words) Howard said he'd sit this one out'crypto IPOs burned him'but his friends had thrown in six figures apiece, on day one. One friend had thrown in a million, he said." Space X is pricing $75 billion in stock into a market…...
With Space X IPO, Elon Musk is the world's first trillionaire " but he mostly lives in a tiny home in south Texas. 'There is no food in the fridge"
1+ day, 7+ hour ago (818+ words) Space X stock is now public, cementing CEO Elon Musk's status as the first trillionaire in history. But despite being the world's richest person, he spends most of his time in a modest home near Space X headquarters. The rocket…...
Elon Musk's wealth could double the economy of his native South Africa as world's first trillionaire
1+ day, 7+ hour ago (527+ words) Catapulted by the'market debut'of his rocket company Space X,'Elon Musk'could become the world's first trillionaire by the end of the day. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar…...
For Space X CFO Bret Johnsen, the challenge starts after the $75 billion IPO
1+ day, 11+ hour ago (459+ words) Good morning. Elon Musk is the face of Space X but behind the scenes, Bret Johnsen has spent more than a decade turning Musk's ambitions into a financial story investors can underwrite. "I think the IPO will be judged as…...
Space X's first employee, Tom Mueller, thinks the historic IPO is just the beginning
1+ day, 12+ hour ago (685+ words) The guy who built Space X's engines has thoughts on its IPO. Tom Mueller was employee No. 1 at Space X. He built the engines behind the Falcon 9 rocket that rewrote the economics of getting to orbit. Now, he runs Impulse Space,…...