Elon Musk’s stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk’s net worth as of Friday is roughly $1.05 trillion.
Author: admin@finance
Elon Musk becomes the world’s first trillionaire with SpaceX debut
CNBC’s Robert Frank reports on Elon Musk’s new status.
New SpaceX millionaires are reinventing the business of managing large wealth
Wealth advisors say SpaceXers have unique ways of addressing their financial challenges, including whiteboarding, troubleshooting and AI.
Elon Musk’s road to trillionaire status: Here’s what to know
CNBC’s Robert Frank reports on Elon Musk’s road to trillionaire status ahead of SpaceX’s IPO.
The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it
The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here’s what that means for portfolios.
Stocks making the biggest moves premarket: Adobe, Rocket Lab, AMD, Carnival & more
These are the stocks posting the largest moves before the bell.
Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up almost 5%
Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine
While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
SpaceX raising $75 billion in record-setting IPO as Nasdaq debut awaits
SpaceX is selling 555.6 shares at $135 a piece, raising $75 billion in the largest IPO on record.