Tag: Elon Musk
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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.
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Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.
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OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
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Iran threatens Elon Musk’s companies in Middle East: Iranian state media
Iran will consider all of Elon Musk’s companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.
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As OpenAI leans into enterprise business, Apple and Google set sights on the masses
OpenAI’s aggressive push into the enterprise, where it competes with Anthropic, coincides with efforts by Apple and Google to bring advanced AI to consumers.
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CNBC Daily Open: ECB heads for a hike amid Iran energy price pressures
The European Central Bank is expected to make its first interest rate hike in nearly three years amid increasing inflationary pressure due to the Iran war.
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SpaceX IPO could make thousands of employees millionaires
The stock market debut of Elon Musk’s AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm’s lowest-paid staff.
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CNBC Daily Open: Trump expresses ‘love’ for inflation print and anger at Iran
U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.
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Jim Cramer says one of SpaceX’s biggest risks is this group of investors
CNBC’s Jim Cramer said one of the biggest risks facing the SpaceX IPO is speculators who may rush to sell shares shortly after the stock begins trading.
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