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Elon Musk

This image shows the SpaceX Falcon Heavy resting on Pad 39A at the Kennedy Space Center in Florida (File/AFP)

Rockets, Starlink, AI: SpaceX faces its first Wall Street grilling

Analysts on average expect a loss of $1.9 billion on revenue of $6.8 billion in SpaceX's second quarter, but that loss is around a 50% improvement compared to the previous quarter. SpaceX could also break even by the end of September.

This still image taken from a SpaceX broadcast shows the SpaceX Starship launching from SpaceX Starbase in Starbase, Texas, on July 24, 2026.

SpaceX carries out successful Starship test flight, first since going public

The ship serenely splashes into the Indian Ocean to wild cheers from SpaceX employees watching live footage from the company's Starbase.

July 25, 2026

After three sessions, SpaceX already among world's most valuable companies

After three sessions, SpaceX already among world's most valuable companies

Shares of SpaceX finished up nearly 5% at $201.80, giving it a market value of $2.64 trillion and placing the company a hair below Amazon's $2.65 trillion at the end of Tuesday's session.

June 17, 2026

SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023. (File photo: AFP)

Elon Musk's AI tool Grok was used in strikes against Iran: US govt

The US Department of Justice argued that the lawsuit "threatens American national, economic, and energy security by seeking to shut off the power supply for artificial intelligence innovation that supports the Department of War's military operations."

June 17, 2026

SpaceX shares skyrocket as money raised hits $85.7 billion

SpaceX shares skyrocket as money raised hits $85.7 billion

SpaceX shares surge nearly 20% on their second trading day, pushing the company’s valuation above $2.5 trillion after a record-breaking $85.7 billion IPO and further boosting Elon Musk’s fortune.

June 15, 2026

Newly minted trillionaire Musk under fire over Belfast riots

Newly minted trillionaire Musk under fire over Belfast riots

Elon Musk faces criticism over posts linked to anti-immigrant unrest in Belfast, as researchers say content he amplified on X generated millions of views and fueled calls for violence online.

June 13, 2026

Elon Musk world's first trillionaire after SpaceX debut: Bloomberg

Elon Musk world's first trillionaire after SpaceX debut: Bloomberg

Elon Musk became the world's first trillionaire Friday following a surge in SpaceX shares in its Wall Street trading debut

June 12, 2026

Wall Street wobbles as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street wobbles as SpaceX shares launch, oil slides on Mideast deal hopes

Wall Street opened mixed on Friday, when SpaceX was set to begin trading following world's largest initial public offering, while oil prices slid on hopes of an agreement to end the Middle East war

June 12, 2026

SpaceX to make historic IPO that could make Musk a trillionaire

SpaceX to make historic IPO that could make Musk a trillionaire

SpaceX confirms a record $75 billion IPO, valuing the company at nearly $1.8 trillion, as investors back Elon Musk’s space, AI and long-term technology ambitions worldwide for growth.

June 11, 2026

British police chiefs are reviewing anti-racism guidance following outrage over the treatment of a white student, who was handcuffed as he lay dying after being stabbed by a Sikh man, officials said June 3. (Photo: AFP)

UK PM says Elon Musk 'trying to whip up division' over student's murder

Keir Starmer accuses Elon Musk of stoking divisions in Britain by interfering in political debate surrounding a controversial murder case.

June 4, 2026