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The Latest Breaking News from Elon Musk

Northern Ireland violence: How a deadly knife attack led to riots, rise of anti-migrant demand?

Northern Ireland riots: Politicians from both parts of Northern Ireland’s power-sharing government condemned the violence.

The Economic Times

Elon Musk's SpaceX is about to make its debut on Wall Street. What to know

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 apiece

The Independent UK

Kevin O'Leary Says Choosing Between SpaceX, OpenAI, and Anthropic Is a Mistake — Here's Why

Kevin O'Leary advises investors to diversify by buying SpaceX, OpenAI, and Anthropic at their IPOs, treating them like an index. Here's why the 'Shark Tank' star recommends this strategy for AI giants.

International Business Times UK

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Elon Musk wants to put 1 million AI satellites in space. Here's how SpaceX could do it

SpaceX CEO Elon Musk outlined more details for his company’s planned data centers in space ahead of a widely anticipated IPO on Friday (June 12) expected to make him a trillionaire.

Space

Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'

Renowned short seller Jim Chanos questions SpaceX's massive IPO valuation. He believes the company's worth is inflated by future hopes, not current reality. Chanos also expresses skepticism about the data center sector's profitability. Investors are watching closely, especially after past losses betting against tech giants. SpaceX's offering is poised to…

The Economic Times

He loaned Elon Musk $1 million in a crisis; now SpaceX could make him one of the world’s richest people

Antonio Gracias, a close friend and early investor in Elon Musk's ventures, is poised for a massive payday as SpaceX prepares for its IPO. Gracias's firm, Valor Equity Partners, holds a significant stake in SpaceX, valued at approximately $65 billion, reflecting over two decades of unwavering support and hands-on involvement,…

The Economic Times

Explained: How SpaceX’s $75 billion IPO could create opportunity for Inox India shareholders

As Elon Musk's SpaceX heads for a blockbuster IPO, investors are turning their attention to INOX India, a cryogenic technology specialist with growing exposure to the global aerospace industry. The company's recent US aerospace order and strong financial performance have fuelled optimism, sending its shares sharply higher

The Economic Times

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Did Elon Musk Fuel the Belfast Protests? Australian Broadcaster Thinks He 'Incited Racial Tension'

ABC News, UK politicians and Northern Ireland officials have criticised Musk's online activity following the Kinnaird Avenue stabbing and subsequent protests.

International Business Times UK

Reform and Restore are both hard right and poisonous – but their differences could be their undoing

It is not enough to revile them both. Understanding the personal and ideological divergence is essential to taking back the ground they now occupy, says Guardian columnist Andy Beckett

The Guardian - UK

SpaceX's record IPO has Wall Street torn between a Musk 'holy grail' and a $72-per-share leap of faith

Analysts disagree on whether SpaceX is worth what Musk is asking.

Fortune

Ukraine-Russia war latest: Senior Russian diplomat meets UK, French and German ambassadors in Moscow

Europe has pushed for more peace talks between Ukraine and Russia

The Independent UK

What to know about the stabbing that set off fiery riots in Northern Ireland

A knife attack in Belfast, Northern Ireland, has sparked violent riots fueled by anti-migrant rhetoric

The Independent UK

Thursday briefing: What would it take for streets to be safe for all?

In today’s newsletter: With violent crime declining but hate crime increasing, a look at what we can all do to make our shared spaces safer

The Guardian - UK

How the Belfast stabbing was the spark to a fuse loaded with grievance and provocation

Politicians, social media and far-right agitators convinced people that migrant-targeting violence would solve all their problems

The Guardian - UK

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The Economic Times

SpaceX IPO: Why Wall Street biggies Chris Wood, others are not impressed with $1.8 trillion listing

Despite significant investor interest, Wall Street experts like Chris Wood and Aswath Damodaran express skepticism over SpaceX's $1.8 trillion IPO valuation. Concerns center on AI hype, overly optimistic market size assumptions, and potential market structure advantages that could artificially inflate demand post-listing.

The Economic Times

SpaceX’s IPO success may rub off on Ambani

Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration…

Bangkok Post

SpaceX on cusp of record IPO that could make Musk a trillionaire

NEW YORK - SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.

TechRadar

Quote of the day by SpaceX CEO Elon Musk: "If you go back say, 300 years, the things we take for granted today, you'd be burned at stake for" — echoes of science fiction

Elon Musk reflects on advances we've made in the 21st century and how, in times gone past, they would be considered "indistinguishable from magic"

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The Independent UK

Lawsuit challenges Trump administration's land swap with SpaceX in Texas

Environmental groups are seeking to stop a land swap deal between the federal government and SpaceX

The Economic Times

Quote of the day by Elon Musk: 'The only rules are the ones dictated by the laws of...' Life lessons on success, work culture, hard work, struggle and human behavior by wealthiest person in the world

Quote of the Day by Elon Musk highlights a simple idea about success, work culture, hard work, struggle and human behavior. The statement encourages people to question limits that are created by society and focus on what is actually possible. Elon Musk’s words remind people that many barriers are not…

France 24

Wall Street counts down to SpaceX IPO

Wall Street is counting down to what could be the biggest market debut in history, with SpaceX preparing to go public. The IPO is expected to value the company at $1.75 trillion and make founder Elon Musk the world's first trillionaire. Also, US inflation has surged to its highest level…

The Guardian - UK

Elon Musk’s X not facing action from UK government over posts inciting violence in Belfast

Any official reprimand will come from regulator Ofcom, but not for at least two months

Barchart

SpaceX IPO Demand Is Huge. That May Be The Warning.

A great company does not always make a great entry point, and SpaceX may be the ultimate test of whether investors are buying edge or just access.

The Independent UK

After Belfast, Reform UK has shamed itself once again

THE INDEPENDENT VIEW: Editorial: The party is so desperate to fend off the threat from Rupert Lowe’s insurgent Restore Britain that it has squandered a chance to unequivocally condemn violence for the sake of wrong-headed rhetoric

The Economic Times

Gulf countries act as propellants for SpaceX IPO as billions flow in

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be identified discussing confidential information. The $580 billion Qatar Investment Authority is also likely to make a significant commitment, the people said.

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