SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images SpaceX filed for an initial public offering a week ago, and Elon Musk is already creating confusion. Days before the reusable rocket maker is scheduled to start pitching its story to investors, Musk took to social…
As Elon Musk prepares to lead a second trillion-dollar company into the public market, a move that will likely put him in charge of two of the 10 most valuable U.S. enterprises, chatter is building that Musk’s ultimate goal is to combine the entities into one. SpaceX is expected to start trading on the Nasdaq…
The steering wheel on an Inceptio Technology autonomous truck in Jinan, Shandong Province, China, on Thursday, April 18, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — While AI updates make headlines every few weeks, those advances are not enough to get self-driving vehicles on the road more quickly. That’s according to Chinese autonomous trucking…
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Tesla reported first-quarter earnings on Wednesday that beat analysts’ estimates even as revenue came in weaker than expected. The shares rose more than 3% in extended trading. Here’s how the…
Sarah Friar, CFO of OpenAI, speaking on CNBC’s Squawk Box at the World Economic Forum in Davos, Switzerland on Jan. 21st, 2026. Oscar Molina | CNBC OpenAI plans to reserve a portion of shares for individual investors in what’s expected to be a blockbuster initial public offering. Chief Financial Officer Sarah Friar told CNBC that…
Fears of a corporate exodus from New York City are likely to be a recurring feature of New York City Mayor Zohran Mamdani’s term, with each business real estate decision magnified as a potential tipping point signal that the Democratic Socialist’s tax, real estate and wealth policies are pushing businesses away. The debate was amplified…
Tesla shares dropped more than 5% on Thursday after the company’s deliveries and production report for the first quarter showed a drop from the prior period, with mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1…
SpaceX headquarters is shown in Hawthorne, California, U.S. June 5, 2025. Daniel Cole | Reuters Elon Musk’s SpaceX has confidentially filed for an IPO with the Securities and Exchange Commission, sources told CNBC’s David Faber, bringing Elon Musk’s rocket company one step closer to what’s expected to be a record public offering. Bloomberg was first…
Elon Musk looks on as President Donald Trump speaks at the U.S.-Saudi Investment Forum at the John F. Kennedy Center for the Performing Arts in Washington, Nov. 19, 2025. Brendan Smialowski | Afp | Getty Images Judge Kathaleen McCormick of Delaware said Monday that she’s reassigning cases involving Elon Musk after the Tesla CEO accused…
