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 TRUTH ABOUT: 2 | History Defined

Another AI Firm Is Paying SpaceX $6.3B for Nvidia Compute After Google and Anthropic's $26B Commitment

SpaceX has partnered with Reflection AI, securing a $150 million monthly deal to provide computing power, enhancing open-source AI development amid growing concerns over closed AI systems.

International Business Times UK

SpaceX Valuation Loses Altitude as AI Risks Mount

Aggressive equity dilution and severe data center cash burn are forcing investors to rapidly reprice the dominant monopoly driving the commercial space sector.

MarketBeat

Elon Musk's trillion dollars aren't real — and that's the point

He draws no salary, can't sell his shares without collapsing their value, and his net worth depends on bets that haven't paid off yet.

Fortune

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

Elon Musk's fortune takes a $300 billion hit as SpaceX sees $1 trillion rout in market value

Elon Musk's net worth has dropped by an estimated $350 billion after SpaceX shares tumbled more than 30% from their post-IPO peak, wiping out nearly $1 trillion in market value. Concerns over valuation, debt-funded expansion, AI spending and broader tech weakness have fuelled the sharp correction.

The Economic Times

SpaceX's drop off sees Elon Musk's net worth fall $240 billion—roughly the same value as computing giant IBM

Musk’s net worth has dropped from a peak of $1.32 trillion to $1.08 trillion at the time of writing, per the Bloomberg Billionaires Index.

Fortune

Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides

Technology stocks came under heavy selling pressure on Tuesday, putting the Nasdaq 100 on track to lose more than $1 trillion in market value. SpaceX slipped below a $2 trillion valuation for the first time since its IPO, while chipmakers and AI-linked megacaps extended losses amid valuation and rate concerns.

The Economic Times

Markets tumble worldwide as Fed resets interest rate expectations: $400 billion wiped off SpaceX stock

Everything you need to know before you reach the office this morning.

Fortune

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

SpaceX sheds $600 billion in three days as it taps the bond market for the first time

SpaceX shares have fallen for a third straight session, sinking to their lowest level since the firm's market debut and wiping out most of the spectacular gains made after its IPO, just as it launches its first-ever bond sale.

Euronews

Oil prices fall to early March levels as US-Iran peace talks progress

JD Vance stated that extensive discussions with senior Iranian officials have established a ‘good foundation’ for a comprehensive final peace deal

The Independent UK

Oil prices hit lows not seen since early March on US-Iran peace talk progress

Brent crude dropped nearly 2% to 76.5 US dollars a barrel at one stage in morning trading on Tuesday.

Evening Standard

US bond yields back to 'normal'; AI needs a reality check, says Ed Yardeni

Veteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisis signals. He believes bond yields are returning to normal levels and AI stock valuations are undergoing a realistic reassessment. Despite a hawkish Fed stance, Yardeni anticipates only one…

The Economic Times

SpaceX Crash Wipes More Than Warren Buffett's Net Worth From Trillionaire Elon Musk's Fortune

SpaceX shares fell 16%, erasing $152 billion from Elon Musk's fortune. The decline follows a grounded Starship fleet and a $20 billion bond sale, raising investor concerns.

International Business Times UK

Global Market Today: Asian stocks dip at open as oil edges higher

Asian markets opened lower as oil prices inched up, with investors closely monitoring US-Iran peace talks. Despite positive initial reports on negotiations, conflicting statements from both sides have created uncertainty. Concerns are also mounting over the sustainability of the AI rally, with significant drops in tech stocks like SpaceX, as…

The Economic Times

SpaceX falls for third day, erases $600 billion in market value

SpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announcement of its first investment-grade bond sale, signaling a major borrowing effort to fuel its artificial intelligence initiatives. Despite the recent dip, the stock remains above its IPO price,…

The Economic Times

Get all your
news in one place.

100's of premium titles.
One news app.

Space

SpaceX launches its 1st 'Starfall' reentry capsule in early morning Falcon 9 liftoff

SpaceX launched its first-ever Starfall spacecraft, demonstrating the new vehicle's ability to operate in space and return safely back to Earth.

Fortune

AI drug discovery firm Insilico Medicine signs deal with Korea’s SK Biopharmaceuticals worth $2.5 billion

“We want to be the SpaceX of the pharmaceutical industry,” Alex Zhavoronkov, co-CEO of Insilico Medicine, tells Fortune.

Barchart

SpaceX Is the World’s Most Ambitious Company. You Should Still Wait for a Pullback in SPCX Stock Before You Buy.

SpaceX receives a price hike from Oppenheimer analyst citing Cursor acquisition and AI stack advantage.

Kiplinger

Stocks Are Mixed as SpaceX Seeks Its Orbit: Stock Market Today

Markets are still absorbing the biggest IPO in history, and today they're also observing the passing of one of the most consequential central bankers ever.

Get all your
news in one place.

100's of premium titles.
One news app.

Space

NASA's Roman Space Telescope arrives in Florida ahead of SpaceX Falcon Heavy launch this summer

The Nancy Roman Grace Telescope has arrived at NASA's Kennedy Space Center for final preparations ahead of launching to join the orbital ranks of Hubble, Webb, Spitzer and Chandra.

Barchart

SpaceX Is Apparently a Value Stock as Schwab Adds SPCX to Its Popular SCHV ETF

SpaceX seems to be challenging traditional investing labels after earning a spot in Schwab’s value-stock ETF.

Fortune

Elon Musk to get a billion shares of SpaceX if he can settle a million humans on Mars

Prediction market traders think a human colony on Mars is unlikely, and SpaceX itself did not specify a timeline in its prospectus.

Fortune

Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years

Two insurgent Democrats say the most powerful financial office in New York has been mismanaging your money—and not to vote for the other guy.

International Business Times

SpaceX Announces Bond Sale Days After Its IPO, Shares Plummet

SpaceX announced a bond sale on Monday, saying it will use the funds to pay for bridge financing and general purpose needs. Stocks are plummeting during the session.

Barchart

Is EchoStar Stock Outperforming the S&P 500?

EchoStar has rallied the S&P 500 Index over the past year, and analysts remain somewhat bullish about the stock’s growth prospects.

The Economic Times

US stocks today: S&P 500, Dow tick higher as investors weigh Mideast negotiations

Wall Street's major indexes opened little changed on Monday as investors returned from the long holiday weekend and awaited clarity on US-Iran negotiations,

1 2 3 4 5

People

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

Organisations