Elon Musk

Elon Musk coverage — Tesla, SpaceX, xAI, and his political activity — across the spectrum.

162 articlesLast updated 2026-06-22 09:24 UTC
us energy 6 31m ago 4 min read

SpaceX's IPO Capital, the Grid's Hard Limits, and the Real Math Behind Space-Based AI Data Centers

Since our June 22 coverage of corporate pressure for faster grid electrification, a clearer picture of why that pressure exists has emerged. The U.S. electrical grid cannot physically accommodate AI data center demand growth on the timelines hyperscalers need, and two competing responses are taking shape: accelerate terrestrial infrastructure, or move the compute off the planet entirely. Neither path is clean.

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us tech 5 3h ago 4 min read

SpaceX's Orbital Data Center Plan Gains Credibility After IPO, but the Economics Are Still Unproven

Since SpaceX's $85.7 billion IPO valued the company in the trillions, its bet on space-based AI data centers has moved from fringe concept to something investors are treating as central to the company's valuation thesis. The engineering pieces are coming together, but the economics are, by one informed investor's own admission, still marginal. Whether Starship's cost reductions arrive on schedule will likely determine whether this is visionary infrastructure or an extraordinarily expensive science experiment.

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us tech 6 3h ago 4 min read

SpaceX's IPO Windfall Fuels Orbital Data Center Ambitions as Hyperscalers Hit an HBM Wall

Since our coverage of the hyperscaler-vs-memory-chipmaker divergence on June 21, two converging developments have sharpened the picture: SpaceX's post-IPO capital gives Elon Musk's orbital data center plans actual funding, while the HBM bottleneck strangling Amazon, Alphabet, Microsoft, and Meta shows no near-term relief. The question now is whether space-based compute is a genuine engineering path or an expensive detour from a problem that is fundamentally about chip supply.

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us politics 7 7h ago 4 min read

Rep. Ro Khanna Calls for Musk Investigation Over DOGE Cuts, Citing 4.5 Million Children at Risk

California Democratic Rep. Ro Khanna said on a podcast that Elon Musk should face subpoenas and investigation over USAID funding cuts he attributes to DOGE. The '4.5 million children' figure is a projection from aid organizations, not a confirmed death toll. No investigation has been announced, and Democrats do not currently control either chamber.

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us tech 5 9h ago 4 min read

MSCI Gives SpaceX Its Lowest ESG Rating of CCC, Citing Musk's 85% Voting Control

MSCI assigned SpaceX a CCC rating on June 11, the lowest tier in its ESG system, citing concentrated voting power and weak board independence ahead of a planned IPO. The rating lands SpaceX in the same tier as Russia post-2022 invasion. Whether that comparison reveals more about SpaceX's governance or about MSCI's methodology is a legitimate question.

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us tech 7 1d ago 4 min read

SpaceX Is Valued at $1.7 Trillion. A Large Portion of That Is a Bet on AI, Not Rockets.

SpaceX's IPO opened trading last week at a market capitalization of $1.7 trillion, making Elon Musk a trillionaire on paper. A detailed look at the company's own filing reveals that most of its claimed addressable market has nothing to do with space. Of the $28.5 trillion total addressable market SpaceX cited, $26.5 trillion comes from AI infrastructure, not aerospace. That is a legitimate question investors should be asking right now.

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us tech 7 1d ago 4 min read

SpaceX Goes Public at a $1 Trillion-Plus Valuation. The Numbers Raise Real Questions.

SpaceX completed its IPO last week, minting Elon Musk as a trillionaire on paper. The rocket and Starlink businesses are genuinely profitable, but the filing buries the aerospace company inside a $28.5 trillion total addressable market claim that is mostly about AI. Investors should know exactly what they are buying.

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us politics 7 2d ago 4 min read

SpaceX IPO Makes Musk World's First Trillionaire. Democrats Who Once Backed Him Are Now Calling for Limits on His Wealth.

Elon Musk's SpaceX IPO pushed his net worth past $1 trillion, making him the world's first trillionaire. The same Democratic coalition that once celebrated his green-energy ventures is now openly hostile. The split reveals a real tension between outcomes-focused entrepreneurship and a politics increasingly focused on who holds wealth rather than how it was built.

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us politics 5 2d ago 4 min read

SpaceX IPO Made Musk the World's First Trillionaire. Democrats Want to Make Sure He's the Last.

The SpaceX IPO pushed Elon Musk past the $1 trillion personal wealth threshold, making him the first individual in history to reach that mark. Democrats who once celebrated Musk's government-subsidized green energy ventures are now openly hostile. The shift is real on both sides, and the history of how we got here is more complicated than either camp wants to admit.

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us tech 7 2d ago 3 min read

SpaceX Shares Are Up 37% Since IPO Priced at $135. Here Is Who Owns the Other Billion-Dollar Stakes.

SpaceX's post-IPO market cap settled at $2.43 trillion as of Thursday's close, still up 37% from the $135 IPO price, according to CNBC. Elon Musk's personal stake crossed $1 trillion, but he is far from alone: early investors, company insiders, and longtime associates are sitting on billions.

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us finance 6 3d ago 4 min read

SpaceX Plans $20 Billion Bond Sale to Replace Bridge Loan, Gets 'BBB' Rating from S&P

Since its IPO earlier this month, SpaceX has moved quickly on its next capital markets play: a $20 billion investment-grade bond sale to refinance the bridge loan that makes up the bulk of its debt. S&P Global Ratings handed the company a 'BBB' rating with a stable outlook, clearing the path to cheaper borrowing. Shares of SPCX fell as much as 10% Thursday before partially recovering.

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us tech 6 3d ago 4 min read

SpaceX Shares Fall to Near Break-Even for Post-IPO Buyers as Chinese Investor Disclosures and Valuation Doubts Pile Up

Since SpaceX's record-breaking IPO on June 12, shares have retreated roughly 20% from their peak, leaving the average post-IPO open-market buyer nearly flat. New disclosures confirm that investors with ties to Chinese military contractors quietly acquired stakes in SpaceX before the offering, adding a national security dimension to an already turbulent first week of trading. Wall Street price targets range from $250 to $401, with the company having lost $5 billion in 2025.

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us tech 6 3d ago 4 min read

Chinese Investors Held Secret SpaceX Stakes Before IPO, ProPublica Reveals. The Stock Is Now Down 20% From Its Peak.

A ProPublica investigation published today identified at least a dozen investors with addresses in mainland China, Hong Kong, or Russia who acquired SpaceX stakes through a U.S. middleman firm between 2018 and 2021, including one with ties to Chinese military contractors. The disclosures land as SpaceX shares pull back sharply from their post-IPO high, the company prepares a $20 billion bond offering, and index funds are set to absorb the stock whether retail investors choose it or not.

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us finance 7 3d ago 4 min read

SpaceX's First-Week Trading Numbers, by the Digits: $66B Daily Volume, $85.7B Greenshoe, and a 38% Shot at Topping Nvidia by Mid-2028

Since SpaceX listed on Nasdaq on June 12, the raw trading data has been genuinely difficult to contextualize against anything that came before it. Daily dollar volume outpaced both the SPY and QQQ ETFs. The options market currently puts a 38% probability on SpaceX overtaking Nvidia as the world's most valuable company before June 2028.

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us finance 7 3d ago 4 min read

SpaceX's First Week on Nasdaq: Index Inclusion Arrives Thursday, the Tesla Merger Question Won't Go Away, and Your 401(k) May Already Own It

Since SpaceX's record IPO on June 12, shares have climbed more than 40%, triggered index rebalancing that will push the stock into millions of retirement accounts, and ignited serious analyst speculation about a Tesla merger that would create a roughly $4 trillion conglomerate. The numbers are staggering. The unanswered questions are bigger.

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us finance 7 3d ago 4 min read

SpaceX's First Week on Nasdaq: $75 Billion Raised, a Tesla Merger Floated, and 38% Odds of Topping Nvidia by Mid-2028

Since SpaceX's record-breaking IPO on June 12, Wall Street has been digesting a cascade of numbers that have no precedent in market history. Now a new wrinkle: serious speculation about a SpaceX-Tesla merger that would create a roughly $4 trillion conglomerate. The governance questions and conflict-of-interest risks are real, and the options market is already pricing the path forward.

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us finance 6 3d ago 3 min read

SpaceX Shares Stabilize in Pre-Market Trading Thursday After Wednesday's 5% Drop. Options Market Puts Odds of Overtaking Nvidia at 38% by Mid-2028.

Since SpaceX's IPO at $135 last week, the stock has surged more than 40% and then pulled back, leaving its market cap at roughly $2.52 trillion as of Wednesday's close. Pre-market indications Thursday morning show shares up about 0.3%, suggesting the post-IPO frenzy is cooling into something more like a normal stock. The options market, meanwhile, is telling a more skeptical story about how fast SpaceX can climb the market-cap ladder.

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us finance 6 4d ago 4 min read

SpaceX Adds Roelof Botha to Its Board Five Days After IPO as Wednesday's 5% Drop Adds to Governance Questions

Since SpaceX's IPO on June 12, shares have surged roughly 42% before Wednesday's 4.95% decline, and the company has now named former Sequoia Capital managing partner Roelof Botha to its nine-person board. The appointment brings audit-committee experience to a company posting billions in annual losses, but Elon Musk still controls more than 80% of the voting power and has sole authority over board composition.

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us finance 5 4d ago 4 min read

SpaceX Shares Drop as Much as 7.3% on Wednesday, Snapping a Three-Day Rally. ETF Arbitrage and Record Retail Flows Complicate the Story.

SpaceX shares fell sharply on Wednesday after a three-day surge that had pushed the stock nearly 50% above its $135 IPO price. Meanwhile, unusual multibillion-dollar ETF flows suggest some institutions used a controversial arbitrage method to get IPO allocation, and retail investors set a single-day buying record on June 12. The volatility is a preview of what index fund holders face when SpaceX is formally integrated into major benchmarks this summer.

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us finance 6 4d ago 4 min read

SpaceX's Coming Index Inclusion Will Force Passive Investors Into the Most Volatile Trillion-Dollar Stock on the Market

Since SpaceX's IPO earlier this month, the stock has surged past $2.7 trillion in market cap and is set to be folded into major index ETFs this summer. That means millions of Americans in passive funds will automatically own a stock with no earnings, no dividend, and implied volatility nearly three times higher than bitcoin. Some advisors are already pushing back.

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us finance 7 5d ago 4 min read

SpaceX Passes Amazon in Market Cap on Day Three of Trading, Briefly Touches $3 Trillion Intraday

Since listing on the Nasdaq at $135 per share last Friday, SpaceX shares have climbed more than 50% and closed Tuesday at $201.80, pushing its market cap to roughly $2.66 trillion and past Amazon's $2.65 trillion. The same day, SpaceX announced a $60 billion all-stock deal to acquire Anysphere, the company behind AI coding assistant Cursor. The free float is still only 5% of total shares, and the first insider lockup release is set for August 11.

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us energy 6 5d ago 4 min read

DOJ Moves to Dismiss NAACP's Clean Air Act Suit Against xAI, Citing Military Use of Grok AI

The Justice Department intervened on June 16 to kill an NAACP lawsuit over 57 unpermitted gas turbines powering xAI's Memphis data centers, arguing the turbines are a national security asset. The DOJ does not dispute the turbines are operating without Clean Air Act permits. The legal theory it is advancing — that the executive branch can simply override citizen enforcement of federal law — has no established precedent and is drawing sharp pushback from civil rights and environmental lawyers.

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us tech 6 5d ago 4 min read

SpaceX Stock Has Surged 55% Since Its IPO. Michael Burry Sees a Bubble but Won't Bet on It.

Since SpaceX's record $85.7 billion IPO on June 12, shares have climbed roughly 55% from the $135 offering price, briefly pushing the company past Microsoft in market cap before settling around $2.65 trillion. Michael Burry thinks the valuation is absurd but found the options too expensive to short. The real supply test doesn't arrive until late August, when insider lockups begin unlocking.

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us tech 6 5d ago 4 min read

SpaceX Hits $3 Trillion Market Cap in After-Hours Trading, Options Launch Today, and a $60 Billion Cursor Acquisition Lands Mid-Rally

Since SpaceX priced its IPO at $135 on June 12, shares have surged more than 50% to around $208 in pre-market trading this Tuesday morning. After-hours Monday, the stock briefly touched levels that pushed its implied market cap past $3 trillion, surpassing Microsoft. Now SpaceX options begin trading today, and the company just announced it is acquiring AI coding startup Cursor for $60 billion.

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us tech 6 6d ago 3 min read

DOJ Tells Federal Court xAI's Unpermitted Gas Turbines Are a National Security Asset

The Justice Department intervened in a Clean Air Act lawsuit against Elon Musk's xAI, arguing the company's natural gas turbines power AI systems used in U.S. military operations, including recent strikes against Iran. The NAACP and environmental groups say xAI has been running turbines without permits at its Southaven, Mississippi data center since before the lawsuit was filed, and that the number has nearly doubled since. Two legitimate interests are now on a collision course in federal court.

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us finance 7 6d ago 4 min read

SpaceX Shares Climbed to $188 on Monday, Pushing Market Cap to $2.5 Trillion After Record IPO

Since SpaceX's June 12 IPO closed at $160.95, shares continued climbing Monday to around $188, adding more than $100 billion in market value in a single session. The $85.7 billion raise — confirmed after underwriters exercised the greenshoe option in full — is already established context. The harder question now is whether a $2.5 trillion valuation on a company that lost $4.9 billion last year makes any financial sense.

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us finance 6 6d ago 4 min read

SpaceX Shares Climb Further Monday as Retail Frenzy, Analyst Skepticism, and Mars Uncertainty Define Post-IPO Week

Since SpaceX's historic $75 billion IPO priced on June 12, the stock has kept climbing, with shares up roughly 13-19% on Monday alone and total proceeds reaching $85.7 billion after underwriters exercised the full greenshoe. The enthusiasm is real, but so is the skepticism: SpaceX lost nearly $5 billion in 2025, carries a $2-trillion-plus valuation, and has no concrete timeline for its Mars ambitions.

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15 sources
us finance 7 6d ago 4 min read

SpaceX IPO Grows to $85.7 Billion After Greenshoe Exercise, Shares Up 6% Monday

Since SpaceX priced at $135 per share and debuted on the Nasdaq on June 12, the deal has expanded further. Underwriters Goldman Sachs and Morgan Stanley exercised their full overallotment option Monday, pushing total proceeds to $85.7 billion. The stock is up roughly 6% today, but serious analysts are already calling it overvalued.

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us finance 6 Jun 15 3 min read

South Korea's Financial Regulator Widens Probe of Mirae Asset After Firm Delivered Zero SpaceX IPO Shares to Clients

Mirae Asset Securities was listed in SEC filings as committed to buying $312.5 million worth of SpaceX shares at the IPO price. Goldman Sachs, as lead underwriter, allocated none of those shares to Mirae. South Korea's Financial Supervisory Service is now widening its inspection, focused on whether Mirae adequately warned investors that a zero allocation was possible.

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ch politics 5 Jun 15 3 min read

Geneva Riots Leave Burned Tesla, Smashed Windows, and Injured Officers as G7 Leaders Meet in Évian

Sunday's Geneva protest against the G7 summit turned violent, with rioters torching a Tesla, smashing bank windows with hammers, and attacking police with iron bars and bicycles. Swiss authorities deployed water cannons and tear gas. The actual summit in Évian, France, opened Monday, June 15, with the violence already in the rearview mirror for world leaders but not for Geneva.

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us tech 6 Jun 15 3 min read

Hancock Prospecting Puts Over $1 Billion Into SpaceX IPO, the Largest Capital Raise in History

Australia's richest person, Gina Rinehart, committed more than US$1 billion of Hancock Prospecting's money to SpaceX's Nasdaq debut this week, the largest capital raise in history at $1.765 trillion. The deal signals a deliberate pivot for the iron ore empire toward space technology and critical minerals, with Hancock's CEO already hinting at supply agreements to feed SpaceX's orbital infrastructure ambitions.

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us finance 7 Jun 15 3 min read

SpaceX's IPO Puts Three AI Companies on Deck. What Happens to Public Markets When OpenAI and Anthropic Follow?

SpaceX went public this week in what TechCrunch is calling the largest IPO ever, making Elon Musk the world's first trillionaire. OpenAI and Anthropic have both confidentially filed to go public, setting up a potential wave of AI lab listings that would redirect enormous pools of capital away from consumer tech. The structural question nobody has a clean answer to: what does it mean for public markets when companies this large, this opaque, and this concentrated under single founders start trading alongside ordinary stocks?

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us tech 6 Jun 14 3 min read

Google Holds a $100 Billion SpaceX Stake. The Two CEOs Have Not Been Friends for a Decade.

SpaceX's Nasdaq debut has made Google's 2015 investment worth roughly $100 billion, even as Elon Musk and Google co-founder Larry Page have been estranged since that same year. The personal falling-out never stopped the business relationship from growing, and a new $30 billion AI infrastructure deal between the two companies cements that dynamic.

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us finance 6 Jun 14 3 min read

SpaceX's IPO Ripple Reaches Riyadh: Prince Alwaleed's Kingdom Holding Surges on SpaceX Stake Value

Since SpaceX closed its first trading day on June 13, the IPO's aftereffects have spread beyond Silicon Valley. Saudi billionaire Prince Alwaleed bin Talal's investment firm Kingdom Holding Co. surged at Sunday's market open after the value of its SpaceX stake climbed to nearly $7 billion, roughly half the firm's total market capitalization.

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us finance 7 Jun 13 4 min read

SpaceX Closed Its First Trading Day at $160.95. Here Is What Comes Next for Investors.

SpaceX's June 12 IPO is now a matter of record: $75 billion raised, 555 million shares sold at $135, closing price of $160.95, market cap above $2.1 trillion. The day-one celebration is over. The harder questions, index inclusion timelines, a $4.9 billion 2025 operating loss, and a valuation multiple of 112 times revenue, are what investors are actually buying into now.

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us politics 5 Jun 13 4 min read

California's Slow Vote Count, Musk's Departure, and a Federal Fraud Probe Land Simultaneously on Sacramento's Doorstep

California's June 2026 primary exposed three overlapping political headaches for state Democrats: a vote-counting process still grinding days after polls closed, renewed scrutiny over the conditions that drove Elon Musk and his companies to Texas, and a federal prosecutor openly hunting for election fraud before the count is finished. None of the three problems is new, but they've arrived at the same moment.

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gb politics 5 Jun 13 4 min read

German State Media Blames Musk and Robinson for Belfast Violence. The Posts They Cited Don't Support That Claim.

Germany's public broadcaster ZDF aired a segment accusing Elon Musk and Tommy Robinson of inciting rioters to 'hunt' migrants after a Sudanese asylum seeker's alleged beheading attempt in Belfast. The posts ZDF used as evidence explicitly called for peaceful protest. Separately, a 2020 tweet by a California labor leader resurfaced this week after Musk's SpaceX IPO reignited debate over what the state lost when his companies relocated to Texas.

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us tech 7 Jun 13 3 min read

SpaceX IPO Closes Up 19% on Its First Trading Day, Creating the World's First Trillionaire

Since this week's wave of AI and tech capital stories began, SpaceX's long-awaited public debut has become the headline event: the stock closed up 19% on its first trading day, and the listing pushed Elon Musk's net worth past $1 trillion. The IPO landed alongside a flurry of other major tech-finance moves, including Mistral reportedly seeking €3 billion at a €20 billion valuation.

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us finance 6 Jun 13 4 min read

SpaceX Closed Its First Trading Day at $160.95. Now Comes the Hard Part.

Since SpaceX began trading on the Nasdaq on June 12, the stock has settled at $160.95 after hitting a session high of $176.52, and the post-IPO universe is already generating new controversies. A senior House Republican's family holds an xAI stake that converted into SpaceX exposure, wealth managers are racing to California and Texas to court newly minted millionaires, and options trading on the stock is set to begin Tuesday.

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cn tech 5 Jun 13 4 min read

Chinese Drivers Are Spoofing Tesla's Driver-Monitoring Cameras with $30 Celebrity Figurines

A cottage industry of plastic heads, blinking LED screens, and weighted steering-wheel gadgets has emerged in China to defeat Tesla's distracted-driving safeguards. The workarounds let drivers ignore the road for 30-minute stretches at highway speeds. Tesla has not announced a fix, and no regulatory body has publicly announced an investigation.

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us finance 7 Jun 12 5 min read

SpaceX Closes Its First Trading Day Above $170. Musk Is Now a Trillionaire, CFRA Issues a Sell.

Since SpaceX opened on Nasdaq at $150 on June 12, the stock reached an intraday high of $176.52 before settling around $167-170, vaulting Elon Musk's net worth past $1 trillion. The debut was historic by nearly every metric. One financial research firm immediately called it overvalued.

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us finance 7 Jun 12 5 min read

SpaceX Begins Trading on Nasdaq at $135 Per Share. Here Is Where Things Stand.

Since our preview coverage Thursday, SpaceX has priced at $135 per share, raised $75 billion in the largest IPO in history, and begun trading on the Nasdaq under the ticker SPCX. Pre-market derivatives signaled a 30-to-50 percent first-day pop, while serious questions about valuation, index inclusion, and oversight remain open and unresolved.

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us tech 7 Jun 12 5 min read Updated

SpaceX Set to Open on Nasdaq Today at $135, Priced at $1.77 Trillion. Here Is What to Watch.

SpaceX priced its IPO at $135 per share on June 11, raised $75 billion, and is set to begin trading on the Nasdaq today, June 12 (regular trading opens at 9:30 a.m. ET), in the largest IPO in history. Retail investors submitted over $100 billion in orders, but got a smaller slice than expected. The structural fine print, from multi-layered SPVs to Musk's 85% voting control, deserves more attention than the opening-day hype.

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us tech 5 Jun 11 4 min read

Wired Finds Grok Still Generating Sexualized Deepfakes Days Before SpaceX IPO. A Times Square Protest Followed.

Since the Belfast riots began dominating headlines this week, a separate Musk-related story has been building: Wired's analysis found Grok still producing and hosting explicit AI images of real women days before SpaceX's IPO, and a coalition staged a large protest in Times Square Wednesday. The images disappeared from Grok.com after Wired contacted xAI, which has not publicly acknowledged the specific content found.

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us tech 5 Jun 11 3 min read

Musk Posts Pro-Riot Content and Anti-Immigrant Slurs on X as SpaceX IPO Week Begins

Elon Musk used his X account this week to amplify Belfast riot locations, repost calls to prosecute politicians for allowing 'dangerous third world savages' into the UK, and endorse a hard-right British deportation party — all while SpaceX's IPO filing explicitly lists his public conduct as a business risk. The facts here are blunt and don't require spin in either direction. What he posted is documented. What it means is worth examining honestly.

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us tech 7 Jun 11 4 min read

SpaceX IPO Pricing Due Tonight, Trading Begins Friday — Here's What the Hype Is Getting Wrong

Since this story first broke weeks ago, the SpaceX IPO has dominated financial headlines heading into its Friday debut. The $75 billion raise targets a $1.75 trillion valuation at roughly 100x earnings — a number that demands serious scrutiny. The governance structure, the Musk premium, and the flood of AI capital chasing the same dollars are real risks that cheerleading coverage keeps burying.

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us finance 7 Jun 11 5 min read

SpaceX IPO Pricing Set for Tonight, Trading Begins Friday — IRGC Threatens Starlink Ground Stations in Gulf the Day Before Debut

Since the IPO roadshow kicked off roughly two weeks ago, every major wrinkle has been reported. What's new as of June 11, 2026: the listing price is expected to be revealed tonight, trading under ticker SPCX begins Friday, and Iran's Islamic Revolutionary Guard Corps has publicly named Starlink ground stations in Qatar, the UAE, Jordan, Oman, and Israel as targets — one day before the offering. The threat is unverified as an operational plan, but it is a real geopolitical variable that bullish Wall Street framing is largely glossing over.

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us tech 5 Jun 11 4 min read

Former xAI Engineer Sues Company and SpaceX, Alleging He Was Fired for Raising Grok Safety Concerns

Devin Kim, a former xAI engineer who left the company in September 2025, filed a lawsuit Tuesday in California state court claiming he was terminated for repeatedly flagging safety risks in Grok's development. The suit names xAI, SpaceX, and xAI co-founder Jimmy Ba — not Elon Musk — as the responsible parties. The timing is notable: SpaceX is preparing for what could be the largest IPO in U.S. history.

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us finance 7 Jun 10 5 min read

India Pauses Starlink Talks, Sen. Warren Demands SEC Delay, and Gulf Sovereign Funds Go Big: The Last 24 Hours of SpaceX IPO Turbulence Before Friday's Debut

Since SpaceX set its $135/share IPO price and the deal went nearly 4x oversubscribed, a cluster of new complications has landed in the final hours before Friday's Nasdaq debut: India has paused Starlink licensing talks over sovereignty concerns, Sen. Elizabeth Warren sent a 12-page letter demanding the SEC delay the offering, independent analysts peg fair value well below the asking price, and Gulf sovereign wealth funds are piling in with up to $5 billion each. The stock will trade, but investors buying in at $1.77 trillion need to understand exactly what risks they're absorbing.

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us finance 7 Jun 10 5 min read

SpaceX IPO Set to Debut Friday at $135/Share and $1.77 Trillion Valuation — Here's What's Been Glossed Over

Since SpaceX filed its S-1 earlier this year, the IPO narrative has been dominated by record demand figures and Gulf sovereign wealth. But three real complications — India's regulatory pause on Starlink, independent valuations coming in 30–50% below the offering price, and a looming question about where $75 billion in new capital actually comes from — deserve far more attention than they're getting.

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us tech 6 Jun 10 3 min read

Sequoia's Shaun Maguire Predicts SpaceX IPO Millionaires Will Fund 'Pro-America' Projects — Here's What the Data Actually Says

Since our June 10 coverage of the wealth-creation mechanics behind the SpaceX IPO, Sequoia Capital partner Shaun Maguire has gone on record predicting that the newly minted millionaires will reinvest in patriotic, mission-driven projects. The claim is plausible given how SpaceX recruited its workforce — but it's still a prediction, not a fact, and deserves honest scrutiny.

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us tech 7 Jun 10 4 min read

SpaceX IPO Will Create Thousands of Millionaires from Engineers, Welders, and Technicians — Not Just Executives

With SpaceX's IPO priced and set to begin trading on Nasdaq next Friday, thousands of rank-and-file employees and former workers are poised to cash in on equity accumulated over years of building rockets. Sequoia Capital's Shaun Maguire says these new millionaires will invest in pro-America projects. The real story mainstream coverage keeps missing: this isn't a Silicon Valley executive payday — it's a blue-collar wealth event.

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us finance 6 Jun 10 3 min read

South Korea's $1.5 Billion SpaceX IPO Dollar Crunch Is Over — The Won Is Recovering

Since SpaceX's $250 billion IPO demand story broke earlier this week, a quieter side effect had been hammering South Korea's currency: $1.2–$1.5 billion in dollar-buying pressure from domestic investors piling into pre-IPO allocations. As of Wednesday, June 10, that pressure has cleared — the won is recovering, but the episode exposed a real vulnerability in one of Asia's major FX markets.

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us finance 7 Jun 10 4 min read

SpaceX IPO Demand Hits $250 Billion as Pricing Approaches Thursday — Nearly 4x Oversubscribed, But the Fine Print Matters

Since SpaceX set its fixed $135-per-share IPO price and launched its roadshow earlier this week, reported investor demand has climbed to roughly $250 billion against a $75 billion offering — nearly four times oversubscribed. Those are expressions of interest, not firm bids, and big institutional money often moves late in the process. Trading is still expected to begin Friday on Nasdaq under ticker SPCX.

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us finance 7 Jun 9 4 min read

Monday's Chip Rebound Was a Head Fake: Tech Sells Off Again Tuesday as SpaceX IPO Looms and Apple's AI Stumble Deepens

Since the historic chip selloff that began June 6, the sector's one-day Monday bounce has now fully reversed — semiconductor ETFs dropped another 3-5% Tuesday and Apple fell an additional 3% following a disappointing WWDC. Two major IPO wildcards — SpaceX on Friday and OpenAI filing confidentially Monday night — are adding uncertainty rather than fuel to the rally.

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us finance 7 Jun 9 4 min read

Markets Rally Second Straight Day as SpaceX IPO Hype Builds and Wednesday's Inflation Print Looms Over Everything

Since the two-week tech rout that wiped $1.8 trillion in market value, stocks have now strung together back-to-back gains — but Wednesday's May CPI report could snap the recovery cold. The SpaceX IPO is pulling in $10 billion in institutional orders, OpenAI filed confidentially, and Anthropic locked a $35 billion debt deal. This week is a pressure test for whether the AI trade has legs or just a dead-cat bounce.

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us finance 7 Jun 8 3 min read

SpaceX IPO Hits the Market Friday — Here's Where Things Stand as Trading Begins

Since SpaceX set its IPO price at $135 per share and a $1.77 trillion valuation last week, the stock has begun trading and investors are confronting the real question: can the company grow into a number that NYU professor Aswath Damodaran called $400–$500 billion too high. The hype is enormous. So is the risk.

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us finance 7 Jun 8 4 min read

SpaceX IPO Debuts Friday at $135/Share and $1.77 Trillion Valuation — Wall Street Is Split on Whether to Buy It

SpaceX is set to begin trading on the Nasdaq this Friday, raising $75 billion at $135 per share — the largest IPO in Nasdaq history. Wall Street analysts are divided: some see a once-in-a-generation buy, others say it's significantly overvalued. History says the broader market usually survives mega-IPOs just fine — but the individual stocks often don't.

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us tech 4 Jun 8 4 min read

Texas Judge Orders Google to Delete Photos of Elon Musk-Linked Data Center — Without Making Google a Party to the Case

A Tarrant County district court ordered Google to scrub photos of a Memphis data center connected to xAI from the internet — including Google Maps — despite Google never being named as a defendant. Legal scholars say the order is almost certainly unconstitutional. This is a story about corporate secrecy, First Amendment limits, and courts overreaching in ways that should alarm everyone.

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us tech 4 Jun 8 3 min read

Goldman's China Pivot, Tesla's Analyst Reversal, and the Screwworm Clock: Where These Stories Stand on June 8

Five ongoing stories have been running in parallel — Goldman's mainland China bet, JPMorgan's Tesla flip, the Texas screwworm outbreak, AI deployment failures, and the AI labor displacement debate. The sources provided for this update don't advance any of them. Here's an honest accounting of where each thread stands and what's still unresolved.

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