Musk Reportedly Discussed Potential SpaceX-Tesla Merger Ahead of IPO
Elon Musk reportedly discussed the possibility of merging SpaceX and Tesla into a single company, creating a combined entity valued at nearly $2.85 trillion.
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Elon Musk reportedly discussed the possibility of merging SpaceX and Tesla into a single company, creating a combined entity valued at nearly $2.85 trillion.
Micron became a $1 trillion company for the first time after shares surged 18% in a single session, driven by explosive demand for AI memory chips and tightening global supply.
Quantum computing company Quantinuum is seeking to raise about $1.05 billion in its Nasdaq IPO at a valuation near $12.7 billion, with the U.S. government expected to purchase a $100 million stake.
Taiwan officially became the world’s fifth-largest stock market after total market capitalization reached $4.95 trillion, driven largely by the explosive rally in TSMC shares.
Ferrari introduced its first fully electric supercar, the Luce, featuring 1,050 horsepower, a 2.4-second 0–100 km/h time, and interior design collaboration with former Apple designer Jony Ive.
Oil prices plunged nearly 10% in a single day as easing geopolitical tensions and expectations of a potential Iran agreement triggered a sharp commodity selloff.
LG Group companies are gaining investor attention as optimism around the conglomerate’s robotics strategy boosts expectations for long-term growth in automation and AI technologies.
U.S. equity markets rallied sharply as optimism surrounding a potential peace agreement between the United States and Iran pushed S&P 500 and Nasdaq futures to fresh record highs.
The Trump administration is distributing $2 billion in grants across nine quantum computing companies, triggering premarket rallies of up to 25% in several quantum-related stocks.
SpaceX officially filed for what could become the largest IPO in history, targeting a $1.75 trillion valuation and seeking to raise $75 billion as investors gain their first detailed look into the company’s finances, AI ambitions, and Starlink profitability.
Meta reportedly laid off 8,000 employees and reassigned 7,000 workers to AI projects while introducing internal AI systems designed to monitor employee activity for model training purposes.
SpaceX is reportedly planning to acquire AI startup Cursor for $60 billion roughly 30 days after its expected IPO, signaling a major expansion into artificial intelligence software.
Bolt CEO Ryan Breslow said the fintech company eliminated its entire HR department during a broader restructuring effort, arguing the team was creating unnecessary internal issues.
Google unveiled its biggest search transformation in 25 years, replacing traditional link-based results with AI-generated answers, interactive tools, and autonomous agents.
Polymarket, in partnership with Nasdaq, introduced prediction markets tied to private companies, expanding speculative trading beyond public equities and cryptocurrencies.