Elon Musk

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SpaceX reportedly files for IPO but it’s keeping the numbers secret (for now)

What’s expected to be the biggest IPO in human history is reportedly underway. SpaceX has filed for an initial public offering with the Securities and Exchange Commission, according to a report from Bloomberg. But for now, the filing is confidential. Under SEC rules, SpaceX isn’t required to make its S-1 prospectus public until 15 days […]

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Musk says he’s building Terafab chip plant in Austin, Texas

Elon Musk announced plans to build a Terafab plant in Austin, Texas, that will be jointly run by Tesla and SpaceX. The goal is to eventually build chips at scale for robotics, artificial intelligence, and space-based data centers for Musk’s various companies. Musk has expressed concern, as have other executives, about the chip industry’s ability […]

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Jury finds Elon Musk’s ‘stupid tweets’ caused Twitter investors’ losses

A California jury determined that Elon Musk misled Twitter investors before making a $44 billion deal to buy the company in 2022, reports CNBC. The New York Times reports that Musk had testified this month that he didn’t believe his posts would spook markets, but he did say that “If this was a trial about […]

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