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Elon Musk has rejected a Wall Street Journal report claiming Tesla is considering selling or spinning off its China business for a potential merger with SpaceX, labeling the story “fake news.” Tesla’s China unit has also dismissed the claims as false. Ad Ad Elon Musk Calls WSJ Report on Tesla China Unit as “Fake News”
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
A China carveout could reduce regulatory complications related to SpaceX’s U.S. defense work and possible Beijing scrutiny.
Tesla is considering a separation of its China business to pave the way for a potential merger with SpaceX, the Wall Street Journal reported, citing a person familiar with the talks. Reuters was unable to independently verify the report. Tesla and SpaceX did not immediately respond to requests for comment. Tesla's Gigafactory Shanghai began production in October 2019, becoming China's first wholly foreign-owned car plant and symbolising Beijing's opening of its automotive sector.
July 30 (Reuters) - Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a
Tesla executives have been told to prepare for a separation of its China business ahead of a potential merger with SpaceX, the Wall Street Journal reported on Thursday, citing a person familiar with the talks. A merger between Elon Musk's Tesla and SpaceX would raise geopolitical and regulatory hurdles, particularly in China, because SpaceX is a major U.S. defense contractor involved in national security and satellite programs, while Tesla operates wholly owned manufacturing facilities in China.
The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.
The venture-backed IPO market has roared back to life in 2026, headlined by SpaceX’s record $1.77 trillion IPO, but the stock performance of newly public companies has been comparably muted. There have been 44 VC-backed IPOs in the US so far this year, according to new PitchBook data, on track to trounce 2025’s total of 50. In addition to SpaceX—and the planned mega-IPOs of Anthropic and OpenAI—companies including Cerebras, Quantinuum, X-Energy and HawkEye 360 raised significant proceeds, and de
Though Palantir Technologies Inc. (Nasdaq: PLTR), Space Exploration Technologies or SpaceX (Nasdaq: SPCX), and Bitcoin (BTC) are entirely different assets, they are all different kinds of stake on the same geopolitical shift, 10x Research said on May 19. Founded by Peter Thiel, Stephen Cohen, Joe ...
K2 Space has raised $500 million at a $6.8 billion valuation as investors continue pouring money into the fast-growing space industry. The startup, founded by former SpaceX engineer Neel Kunjur and his brother Karan, builds low-cost, high-power satellites for commercial and defense customers including the US Space Force, and says it has more than $1 billion in signed contracts. CEO Karan Kunjur explains how the new funding will help expand production as the company eyes future applications ranging from military missions to space-based AI data centers. He joins Ed Ludlow on "Bloomberg Tech."
Investors must assess how much Starlink, Starship, and AI success is already reflected in SpaceX's valuation.
K2 Space said on Thursday it raised $500 million in a new funding round that valued the company at $6.8 billion, more than twice the valuation at its December round, as the company prepares to increase production of large, high-power satellites. Kleiner Perkins and ICONIQ led the round, and were new investors in the satellite maker along with Alphabet's venture fund CapitalG. • The funding brings K2's total capital raised to more than $1 billion, the company said.
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
The Federal Aviation Administration (FAA) is proposing a series of changes designed to accelerate commercial space mission approvals for launch providers like Space Exploration Technologies Corp. and Blue Origin. FAA Proposal Circumvents 13 Federal Laws According to a report by...
The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
SpaceX stock came back under pressure Wednesday, reversing yesterday's bounce, as a broader market and tech selloff adds to investor caution ahead of SpaceX's first earnings report.
July 29 (Reuters) - SpaceX's X and the World Federation of Advertisers (WFA) said on Wednesday they had settled litigation over an alleged advertiser boycott of the social media platform linked to the
Investing.com -- Retail investors have previously been locked out of the most significant wealth creation happening in private markets, but that dynamic is beginning to shift as public vehicles offering exposure to late-stage private companies gain traction, according to Willy Lee, a principal at Neostellar (NASDAQ: NSLR).
(Bloomberg) -- As Big Tech barrels toward trillions of dollars of planned spending on AI, a key cog in credit markets is showing signs of pressure. That, in turn, is lifting the cost of financing artificial intelligence while offering an early look at potential winners and losers.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionApple Set to Make Big Smart Home Push With Siri AI at CenterNvidia’s $750 Bill
SpaceX stock is down over 50% from a short-lived peak just a few days after it went public. Here's what investors can expect for its future.
(Bloomberg) -- Wall Street is racing to roll out complex investment products tied to SpaceX shares that aim to shield buyers from future losses amid a sharp selloff following its market debut.Most Read from BloombergUS Intercepts Iran Attack on Bases, Puncturing Days of CalmSK Hynix Profit Disappoints, Spending Soars to $31 BillionApple Set to Make Big Smart Home Push With Siri AI at CenterNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Compe
The largest IPO of all time has cooled off. Here's what investors need to know.
Short interest in the stock keeps climbing, but Musk says those betting against SpaceX have a ‘very low’ chance of surviving.
Retail sentiment remains ‘bearish’ on SPY and QQQ. Further weakness in QQQ will put it on track for the longest losing streak since August 2025.
UBS estimates SpaceX could spend about $135 billion on wafer-fab equipment over five years for Terafab.
SpaceX's growth vision remains entirely intact.
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