SpaceX shares surged approximately 9% on Tuesday, briefly overtaking Microsoft and Amazon in market capitalization. The rocket-builder's valuation touched $2.94 trillion, following a record-breaking IPO and a 20% jump on its first full trading day. The company also announced the acquisition of AI coding agent Cursor for $60 billion.
SpaceX shares jumped 13% on Tuesday, surpassing Microsoft in market capitalization to become the fourth-largest U.S. company with a valuation of $2.94 trillion. This follows a record-breaking IPO and a 20% surge on its first day of trading. The company also announced the acquisition of AI coding agent Cursor for $60 billion.
SpaceX shares rose 8% Tuesday, surpassing Amazon's market cap at $2.74 trillion after a record-breaking IPO. The company announced its acquisition of AI coding agent Cursor for $60 billion.
SpaceX shares rose ~3% Tuesday, nearing Amazon's market cap after a record IPO. The company plans to acquire AI coding agent Cursor for $60B. Elon Musk projects $1T revenue by 2030, despite recent losses.
SpaceX shares rose 3% Tuesday, continuing their meteoric rise after a record IPO. The company is nearing Amazon's market cap and announced a $60B acquisition of AI coding agent Cursor.
SpaceX shares rose over 5% following a record IPO and news of a $60 billion acquisition of AI software firm Anysphere. Despite a sell rating from CFRA, analysts remain bullish on the long-term prospects of the space tech giant.
SpaceX shares jumped over 8% after a record IPO and news of a $60 billion acquisition of AI firm Anysphere. Despite a 'sell' rating from CFRA due to high valuation, analysts remain bullish on long-term growth potential.
A potential US-Iran peace agreement could significantly benefit African economies by stabilizing global financial and commodity markets. Lower oil prices, reduced freight costs, and smoother trade flows would ease imported inflation, particularly for energy, fertilizers, and food, acting as a stimulus and food security package for many nations.
Kuwait has launched a new 15-year residency program for eligible foreign investors, business owners, and senior executives to attract global capital and talent. The initiative aims to boost FDI, create jobs, and diversify the economy away from oil, aligning with regional trends like the UAE's Golden Visa.
SpaceX shares jumped 10% Tuesday following a record IPO. Elon Musk's ambitious revenue projections and high valuation are being scrutinized by analysts, with some issuing sell ratings.
SpaceX shares surged 9% on Tuesday, following a record-breaking IPO and Elon Musk's projection of reaching $1 trillion revenue by 2030. The company, dominant in satellites and reusable rockets, merged with Musk's AI startup xAI.
SpaceX shares surged 11% on Tuesday, continuing their strong performance after a record-breaking IPO on Friday. CEO Elon Musk projected potential 2030 revenues of $1 trillion, fueled by dominance in satellite and reusable rockets.
At the G7 summit in Évian-les-Bains, France, Keir Starmer announced new sanctions against Russia targeting finance networks and its shadow fleet, alongside £210m in energy support for Ukraine's nuclear plants. He also plans to discuss defense spending with Donald Trump.
SpaceX shares rose sharply post-IPO, driven by Elon Musk's projection of $1 trillion annual revenue by 2030. The company raised $75 billion in its record IPO, with retail investors playing a key role. Crypto markets also saw increased activity in SpaceX-linked derivatives.
President Trump threatened to impose 100% tariffs on French wines and champagnes in response to France's 3% digital services tax on tech giants. He urged President Macron to abolish the tax to avoid the tariffs.
Elon Musk stated on X that SpaceX could achieve around $1 trillion in annual revenue by 2030, significantly exceeding Morgan Stanley's projections. This ambitious forecast contrasts with the company's current financials, which show losses, and highlights a shift towards AI-related opportunities within its long-term vision.
President Trump told The New York Times that the US might resume military attacks on Tehran or become "the guardian of the Middle East" for 20% of regional revenues if Iran's nuclear negotiations fail. A new round of talks is expected Friday in Switzerland.
British armed forces intercepted a sanctioned Russian oil tanker, the Smyrtos, in the English Channel on Sunday. The operation, the first UK-led of its kind, aims to disrupt oil revenue funding Russia's war in Ukraine. The vessel is suspected of being part of a Russian "shadow fleet" and is being investigated.
British armed forces intercepted a sanctioned Russian oil tanker, the Smyrtos, in the English Channel on Sunday. The operation, the first UK-led action of its kind, aims to disrupt oil revenue funding Russia's war in Ukraine. The vessel is suspected of being part of a Russian "shadow fleet."
Wes Streeting is preparing a Labour leadership bid focused on attracting global talent through a "global talent programme" and using North Sea oil and gas tax revenues to cut energy bills. He criticizes the US for deterring scientists and AI experts, vowing to welcome them to Britain.
British armed forces, including Royal Marines and NCA officials, intercepted the sanctioned Russian shadow fleet oil tanker Smyrtos in the English Channel on Sunday. This marks the first operation to disrupt oil revenue funding Russia's war in Ukraine. Ukrainian President Zelensky thanked Britain and called for further legislative steps.
SpaceX's IPO on Friday valued the company at around $2 trillion, making Elon Musk the world's first trillionaire. The company raised $75 billion in the largest IPO on record. Despite significant losses, the IPO was priced aggressively, driven by Musk's influence rather than market forces.
SpaceX CEO Elon Musk has become the world's first trillionaire following a successful IPO that saw shares surge, valuing the company over $2 trillion. New York City Mayor Zohran Mamdani used the milestone to push for taxing the wealthy, proposing a new 'pied-à-terre' tax on luxury homes.
SpaceX made a historic Nasdaq debut, with shares surging 19% to surpass $2 trillion in valuation, making founder Elon Musk the world's first trillionaire. The company raised $75 billion, exceeding previous IPO records, as investor demand was fueled by Musk's ambitious plans for space exploration and AI.
