Today: 17 June 2026
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Elon Musk 21 March 2026 - 15 June 2026

Musk’s Historic IPO Pushes Up Ron Baron’s $30 Trillion SpaceX Stake

Musk’s Historic IPO Pushes Up Ron Baron’s $30 Trillion SpaceX Stake

SpaceX soared over 6% premarket after a 19% Nasdaq debut jump pushed its valuation past $2 trillion, spotlighting Baron Capital’s $13 billion gain and $15 billion stake, as Elon Musk projected $1 trillion in annual revenue by 2030—far above Wall Street estimates—while only 4.3% of shares are publicly available and major index inclusions could drive $2.68 billion in passive inflows, Reuters reported.
Wall Street Turned to Musk’s SpaceX After Tesla’s Brief Rally

Wall Street Turned to Musk’s SpaceX After Tesla’s Brief Rally

Tesla shares traded near $417 Thursday afternoon, erasing early gains after SpaceX filed for an IPO and disclosed $650 million in purchases from Tesla last year. Tesla invested $2 billion in SpaceX common stock in March and reported $87 million in first-quarter revenue from SpaceX’s Megapack orders. Investors debated whether the SpaceX listing would boost or dilute Tesla’s “Musk ecosystem” premium.
Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Antonio Gracias, founder of Valor Equity Partners, holds about 7.3% of SpaceX’s Class A stock, valued at roughly $91.6 billion at a $1.5 trillion valuation, according to a regulatory filing. The same filing disclosed over $20 billion in AI infrastructure lease obligations tied to Valor-linked entities. SpaceX is targeting a $1.75 trillion IPO valuation, with a possible June 12 Nasdaq debut.
21 May 2026
Tesla Gains After European Self-Driving Approval

Tesla Gains After European Self-Driving Approval

Tesla shares rose about 2.5% to $414.10 Wednesday after Lithuania approved the rollout of its Full Self-Driving software, following the Netherlands. Lithuania’s transport agency confirmed recognition of Dutch certification. The move comes as Wall Street rebounded, with broader indexes higher and investors focusing on Tesla’s software and AI ambitions.
SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX Nasdaq Listing Draws Closer as IPO Timeline Accelerates

SpaceX plans to list on Nasdaq as early as June 12 under the ticker SPCX, seeking to raise about $75 billion at a $1.75 trillion valuation, sources told Reuters. The company aims to publish its prospectus next week, with investor meetings set for June 4. Bloomberg reported Brookfield has already placed a $2 billion bet ahead of the IPO. SpaceX’s filing includes supervoting shares and strict limits on shareholder proposals.
Tesla Stock Rises Despite China Sales Drop as Musk’s China Trip Invitation Raises Stakes

Tesla Stock Rises Despite China Sales Drop as Musk’s China Trip Invitation Raises Stakes

Tesla shares rose 2.8% to $440.18 Monday despite April retail sales in China falling 9.66% to 25,956 vehicles, while Shanghai exports surged 80% to 53,522. China’s overall passenger-car sales dropped for a seventh straight month, down 21.6% year-on-year. Tesla trailed BYD and Xiaomi in local new-energy vehicle sales. The company also recalled 173 Cybertrucks over wheel rotor cracking.
SpaceX IPO Nears: Starship, Starlink and Musk’s $75 Billion Bet Face Wall Street’s First Real Test

SpaceX IPO Nears: Starship, Starlink and Musk’s $75 Billion Bet Face Wall Street’s First Real Test

HawkEye 360 said Monday it is seeking a U.S. IPO valuation of up to $2.42 billion, following SpaceX’s confidential filing earlier this month. SpaceX is targeting a $1.75 trillion valuation with less than 5% of shares to float publicly. The company hosted a three-day analyst event last week as details began to emerge. Starlink and Starship are expected to drive investor interest.
27 April 2026
Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

Tesla reported first-quarter revenue of $22.39 billion and net income of $477 million, beating profit expectations despite weak vehicle deliveries and rising inventory. Adjusted earnings per share were 41 cents. Free cash flow reached $1.44 billion, but the company warned it would likely turn negative for the rest of 2026. Tesla increased its capital spending forecast to over $25 billion for the year.
23 April 2026
Tesla Terafab Hiring Push Puts Elon Musk’s AI Chip Bet on the Clock

Tesla Terafab Hiring Push Puts Elon Musk’s AI Chip Bet on the Clock

Tesla is hiring semiconductor engineers in Taiwan for its Terafab AI chip project, days before reporting first-quarter results on April 22. Job postings list nine roles tied to advanced chipmaking, including 2-nanometer-class technology. Investors remain focused on Tesla’s AI spending as vehicle deliveries fell to 358,023 in the first quarter. Tesla shares closed Friday at $400.62, up 3%.
18 April 2026
Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla shares climbed 4.6% Tuesday as Wall Street rebounded, but the stock ended the quarter down over 20%. Analysts expect Tesla’s quarterly vehicle deliveries to fall from the previous quarter, with consensus at 365,645. Tesla lost its global EV sales lead to BYD in 2025 and faces slowing growth forecasts. Europe remains tough, with BYD nearly matching Tesla’s market share in February.
Tesla Stock Price Jumps on Musk’s Terafab Reveal, but Wall Street’s Bigger Questions Remain

Tesla Stock Price Jumps on Musk’s Terafab Reveal, but Wall Street’s Bigger Questions Remain

Tesla shares rose 3.7% to $381.42 after Elon Musk announced plans for chip factories in Austin under a project called Terafab. Musk said Tesla and SpaceX would build chips for vehicles, robots, and AI data centers in space. The company faces rising capital spending and ongoing regulatory scrutiny over its Full Self-Driving system. Tesla also lost the global EV sales lead to BYD in 2025 and faces lower delivery growth forecasts for 2026.
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Stock Market Today

  • Indian Markets Set for Positive Start as Geopolitical and Oil Price Trends Support Gains
    June 16, 2026, 11:02 PM EDT. Indian equities advanced on Tuesday, with the Nifty closing near 23,989, supported by improving geopolitical developments and falling crude oil prices. The potential US-Iran peace deal, expected to be signed in Switzerland on Friday, along with the full reopening of the Strait of Hormuz, boosted global sentiment. Early Wednesday signals from the GIFT Nifty index indicate a positive start, with resistance at 24,070-24,200 and support near 23,900. Domestic volatility, measured by India VIX, decreased by 6.9%. Meanwhile, foreign institutional investors sold Rs 749 crore in shares, while domestic investors bought Rs 6 lakh net. Currency markets saw the rupee gain for the third session, closing at 94.53 against the U.S. dollar. Global markets showed mixed trends ahead of the U.S. Federal Reserve's policy decision and awaited further details on the Iran peace accord.

Latest articles

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

Dow Closes at Record in After-Hours as S&P 500, Nasdaq Dip on Tech Slide

17 June 2026
Dow hits second straight record close at 51,999.67 while S&P 500 and Nasdaq drop as tech stocks slide; Philadelphia semiconductor index plunges 5.7% and after-hours trading sees only slight gains for major index-tracking funds, as investors brace for Wednesday’s Fed decision and monitor inflation risks amid falling oil prices and a possible U.S.-Iran deal.
GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

17 June 2026
GD Culture Group plunged 73.3% to $0.028 after heavy trading, putting fresh pressure on its unresolved, non-binding $10.75-per-share buyout proposal; risks include deal uncertainty, a $300 million share-sale program, and bitcoin-driven balance sheet swings, with no new company updates released Tuesday.
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