Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from XAI

On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

Fortune

Elon Musk Becomes the World's First Trillionaire After SpaceX IPO

A record-breaking IPO vaulted SpaceX into the ranks of the world's most valuable publicly traded companies and dramatically increased the value of Musk's holdings across his business empire.

International Business Times

Elon Musk Confession: 'Trillionaire' Rejects Relaxing On Beach Because 'Nothing Matters If We Collapse'

Elon Musk says civilisation's survival outweighs personal luxury, arguing that cultural and political battles matter more than leisure if society were to collapse.

International Business Times UK

From analysis to the latest developments in health,
read the most diverse news in one place.

World's first trillionaire: SpaceX premium debut briefly hands Elon Musk historic status

Elon Musk briefly touched a trillion-dollar net worth as SpaceX shares surged on its Wall Street debut, though his wealth later settled below that mark. The rocket company's IPO positions it among the largest US-listed firms, with Musk reiterating his ambition to take humanity to Mars and beyond.

The Economic Times

Giant inflatable Elon Musk appears in Times Square ahead of SpaceX IPO

The inflatable was stamped with a message claiming that ‘SpaceX’s Grok makes AI child porn’

The Independent UK

What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?

SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut today, June 12, 2026, after pricing at a fixed $135 per share the night before. The company raised a record $75 billion, landing an opening valuation of approximately $1.77…

The Economic Times

SpaceX makes largest ever stock market debut, making Elon Musk world’s first trillionaire

Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped

The Guardian - US

Read news from The Economist, FT, and more,
with one subscription

SpaceX's stock market debut: Five risks investors need to know

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.

Euronews

Grok Continues Hosting Sexualised Deepfakes of Famous Women Months After xAI Pledge: Report

An investigation reveals xAI's Grok platform still hosts explicit AI-generated content, raising concerns over its moderation and safety measures despite previous pledges to improve.

International Business Times UK

Musk's SpaceX set to make biggest-ever initial public offering on Wall Street

Elon Musk's space transport company SpaceX is set to begin trading on the US market on Friday with an offering of more than 555 million shares priced at at $135 each. The move is expected to place SpaceX in the top 10 of Wall Street's biggest companies and make Musk…

France 24

SpaceX IPO: Live Updates and Commentary

The SpaceX IPO is finally here, and it's widely expected to be the largest offering ever. Follow along with Kiplinger as we report on the latest SPCX news.

Kiplinger

US stocks: SpaceX to make historic listing on Nasdaq on Friday that could make Elon Musk a trillionaire

SpaceX is set to make history with the largest IPO ever on the Nasdaq, pricing shares at $135 each for a valuation nearing $1.8 trillion. This blockbuster debut could propel Elon Musk to trillionaire status, raising a record $75 billion. The offering, which includes Musk's xAI and X, is significantly…

The Economic Times

Meet the SpaceX employees who are set to become multimillionaires thanks to its IPO: from execs to even welders

The winners of SpaceX's blockbuster IPO—valuing the company at $1.75 trillion—might not just be investors, but also the ones who welded the rockets.

Fortune

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.

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Musk's xAI accused of illegally firing engineer who raised safety concerns

Devin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety risks associated with the AI chatbot Grok. Kim contends that his proactive warnings put him in the crosshairs of the company, leading to his dismissal.

Newsroom.co.nz

Elon Musk’s $1.8 trillion SpaceX listing is no longer about space

SpaceX is still famous for rockets, but its filings show Elon Musk’s company is now spending more on AI infrastructure than launch and Starlink combined.

International Business Times UK

Elon Musk's xAI and SpaceX Hit With Massive Lawsuit As 10,000 Residents Complain Of Losing 'Fundamental Peace'

Mississippi residents have filed a lawsuit against Elon Musk's xAI and SpaceX, claiming noise from a power plant has harmed their well-being and property values.

The Economic Times

Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'

The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently ‌failed to ⁠curb the ⁠disturbance and created a public nuisance through excessive and offensive noise. Three residents filed the case on behalf of a class estimated at more than 10,000 members.

Get all your
news in one place.

100's of premium titles.
One news app.

The Economic Times

Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI play

The AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover their significant expenses. Valuations are soaring, leading to questions about the AI bubble. Investors are being urged to be cautious as these tech giants aim to reshape…

Fortune

The Gulf states are betting big on AI: who’s investing where?

Gulf states are now frontrunners in the AI race but competition will only intensify.

International Business Times UK

Starmer Blasts Elon Musk for 'Whipping Up Division' After Dying Teen Handcuffed and MP Targeted by Grok Rape AI

Keir Starmer has accused Elon Musk of 'interfering in our politics' over his posts about the killing of Henry Nowak, while backing a Labour MP's legal fight against Musk's Grok AI over alleged 'rape porn' images.

Barchart

JPMorgan Just Dramatically Reversed Course on Tesla Because TSLA Stock Has Massive Physical AI Potential

A long-time Tesla bear just changed its tune, and the reason has almost nothing to do with cars.

International Business Times UK

Maye Musk Praises Elon's Extraordinary Talent as a Kid: 'I Called You My Encyclopedia'

Maye Musk praised her son Elon's recall in a viral X post, calling the billionaire her childhood 'encyclopedia' as his fortune nears £662bn ($834bn).

The Economic Times

Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?

Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some projections tied to a potential SpaceX IPO suggest his wealth could eventually exceed $1 trillion if market valuations remain strong. It would represent the first time in modern…

International Business Times UK

Anthropic and Google Are Paying SpaceX $2.17 Billion Every Month — That's $26 Billion a Year

SpaceX has secured a $920 million monthly deal with Google for data-centre capacity, adding to its agreement with Anthropic in May, significantly boosting its revenue stream ahead of its record IPO.

1 2 3 4 5

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.