Tag: Elon Musk
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Bluesky was launched as a Twitter rival — but it’s far less popular. Now it’s eyeing Reddit for inspiration
“I think the public square is not the direction we want to go in…we’re very inspired by companies like Reddit,” Bluesky’s Rose Wang told CNBC.
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CNBC Daily Open: Stock markets sense a shift
Global stocks are under pressure despite oil easing after a ceasefire between Israel and Lebanon, while investors anticipate SpaceX’s IPO.
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SpaceX targets biggest IPO in history with $1.75tn valuation
The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world’s most valuable listed companies and potentially the largest IPO in history.
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CNBC Daily Open: Fresh Iran war worries halt stock rally
Oil prices rise and markets fall after Netanyahu tells CNBC Israel and U.S. prepared to attack Iran again if necessary.
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SpaceX sets US$135 price for blockbuster IPO, upending Wall Street convention
SpaceX is aiming to raise US$75 billion, the most ever for an IPO, in a deal that would value it at US$1.75 trillion, immediately placing it among the top 10 most valuable US-listed firms.
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Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
Based on SpaceX’s updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
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OpenAI CEO Sam Altman to meet with lawmakers, Trump officials in D.C.
President Donald Trump signed an executive order about AI this week, which Altman voiced support for.
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SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says
The valuation would make Elon Musk’s company the seventh- biggest in the U.S. and above Tesla, which has a market cap of about $1.6 trillion.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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CNBC Daily Open: Records upon records for major markets
Wall Street marks another round of fresh record highs, but will new trade tensions and deadlock over Iran start to take the shine off the AI trade?
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