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OpenAI's (OPAI.PVT) Sam Altman was not found liable for Tesla (TSLA) CEO Elon Musk's claims, due to clear-cut statute-of-limitations issues. Yahoo Finance's Julie Hyman and Jake Conley discuss the impacts on OpenAI's and SpaceX's (SPAX.PVT) upcoming initial public offerings (IPOs).
(Bloomberg) -- A 45-minute drive down a narrow highway separates one of America’s poorest border cities from the heart of Elon Musk’s SpaceX empire.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapA lot has changed in Brownsv
(Bloomberg) -- In the moments after Anthropic expanded a ban on popular ways to buy its shares, investor chatrooms around the world lit up. “Are we screwed?” one person wrote in a WhatsApp chat for family offices with several hundred members. Similar questions reverberated more publicly across X, Reddit and Chinese-language social media, as investors worried whether their shares in the artificial intelligence developer — one of the most coveted private companies — had suddenly become worthless.D
The ruling removes a major legal obstacle as OpenAI explores future growth plans.
Nissan is considering using the same strategy as Tesla now that Canada has drastically lowered tariffs on Chinese-made electric vehicles. Meanwhile, Chinese EV makers are already angling to break into the Canadian market.
Statistically, since 1980, companies that have conducted forward stock splits have handily outperformed the benchmark S&P 500 in the 12 months following their split announcement.
Two of the more credible voices in the Elon Musk orbit are openly speculating that Tesla (NASDAQ: TSLA) and the privately held SpaceX could combine within the next decade. Deepwater Asset Management’s Gene Munster put the odds at over 50% within five to ten years, framing the combined entity as a potential “sovereign AI company” ... The Berkshire Hathaway of AI? Inside the Case for a Tesla-SpaceX Merger
(Bloomberg) -- Linkerbot, a Chinese startup that specializes in making highly dexterous robotic hands, is considering an initial public offering in Hong Kong, according to people with knowledge of the matter.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapTrump Says Holding Off on New Iran Strikes After Gulf AppealElon Musk Loses Case Against S
Coming off a year where the company posted its first-ever annual revenue loss, 2026 was always going to be pivotal for Tesla. While CEO Elon Musk told investors that the company would focus on autonomy and humanoid robots this year, car sales account for 73% of Tesla's revenue. When combined with ...
The Wall Street Journal is reporting that SpaceX could go public in a matter of weeks.
After three weeks of testimony, $134 billion in demands, and a judge who was ready to dismiss the appeal before the ink was dry, Silicon Valley's messiest soap opera is over (for now)
There's a lot of pressure that comes with potentially being the largest IPO in history.
Investing.com -- Tesla Inc (NASDAQ:TSLA) fell 3% Monday as the SpaceX initial public offering sparked concerns among Wall Street analysts about competition for investor capital and management attention.
Senior Autos Reporter Pras Subramanian joins Market Domination to discuss SpaceX's (SPAX.PVT)5-for-1 stock split as IPO timeline accelerates.
The clock ran out on Elon Musk’s lawsuit against OpenAI before a jury ever had time to decide whether his allegations were true.
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.
(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and
Elon Musk's SpaceX (SPAX.PVT) has accelerated its timeline to go public, with murmurs indicating plans for an IPO in early June. D.A. Davidson head of technology research Gil Luria weighs in on the impact that these mega-IPOs, like SpaceX, could have on major AI players.
(Bloomberg) -- Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane – convincing analysts to stretch their traditional valuation tools, and assign multiples based on what one academic calls “optionalities.”Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWi
Chinese electric vehicle maker Xpeng said on Monday it had begun mass production of its first robotaxi at its Guangzhou headquarters, targeting fully driverless operations by early 2027. The Tesla rival is accelerating its shift toward driverless vehicles and humanoid robotics as competition intensifies in the world’s largest auto market. The new robotaxi, built on Xpeng's GX platform, is China’s first "production-ready, pre-assembled robotaxi model developed entirely with in-house technologies," the company said.
(Bloomberg) -- Elon Musk said he’s back in Texas working on plans for an initial public offering of SpaceX as the rocket and artificial intelligence company gears up for the largest listing of all time. Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitUS, Iran Stall on Hormuz Reopening as Oil Supplies TightenUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpTrump Gets Revenge on Republican Who Vo
Top Pension officials from New York and California have written to SpaceX CEO Elon Musk, expressing concern over the “extreme” governance structure of the commercial space flight company ahead of its public listing. Comptrollers Express Concern New York State Comptroller...
Here are four things to consider if Elon Musk decides to merge his space empire with Tesla.
Automotive Properties Real Est Invt TR (TSE:APR.UN) reported higher first-quarter revenue and cash flow, with management citing the impact of acquisitions completed in 2025 and early 2026, along with contractual rent increases embedded in its net lease portfolio. President and CEO Milton Lamb said
(Bloomberg) -- SpaceX notified investors that it is executing a 5-for-1 stock split, a move that will reduce the price investors will pay for each share offered in its impending initial public offering.Most Read from BloombergWinners and Losers From Trump and Xi’s Beijing Summit TalksHormuz Oil Flows Creep Higher as More Supertankers ExitWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Iran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsNigerian Tycoon Femi Otedol
Citi just trimmed its price target on Lucid Group (NASDAQ:LCID) to $14 from $17, while keeping a Buy rating. Analyst Michael Ward cited the company’s Q1 2026 miss and the withdrawal of its 2026 outlook, but argued the medium-term thesis remains intact. For long-term investors, the price target cut reads as a sobering near-term recalibration ... Citi Cuts Lucid Price Target to $14: Q1 Miss, Pulled Guidance Test the Saudi-Backed EV Maker
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