Elon Musk
SpaceX shares end first week of trading up 37% from IPO price
Volatility is likely to continue as investors weigh lofty expectations for future revenue growth without a clear path to achieving them
Elon Musk’s next move may be a megamerger of SpaceX and Tesla
Some shareholders might object, but there is little they could do, legal experts say
World’s 500 richest add record US$336 billion to wealth in one day
The wealth inequality between the world’s rich elite and everyone else is growing
SpaceX surges 20% in first full day of trading to add US$412 billion in value
The move boosts the company’s market value to more than US$2.5 trillion
Musk says SpaceX could bring US$1 trillion in revenue by 2030
However, some Wall Street analysts cautioned about the company’s growth
SpaceX surge further boosts Saudi billionaire prince’s fortune
Alwaleed Talal’s investment firm holds 42.4 million shares in SpaceX, valued at US$6.8 billion
Musk is the world’s first trillionaire. Who was the first billionaire?
The milestone suggests a new era has arrived of frenzied market interest in tech and AI
Shares of SpaceX end first day at US$160.95, up 19% from IPO price
They opened at US$150, 11% above US$135 offering price
From moonshot to markets: Understand the mechanics before plunging into SpaceX’s mega IPO
For investors, the more interesting point is not the headline valuation, but what actually comes into the market
SpaceX IPO makes Elon Musk the world’s first trillionaire
Elon Musk has co-founded five other companies, including tunnelling startup The Boring Company and brain implant maker Neuralink