SpaceX stock closes below its IPO price for the first time since it went public
Shares of SpaceX continued their sharp descent Thursday and closed below the company’s IPO price for the first time since its June public offering.
Elon Musk loses his trillionaire status as SpaceX stock comes back to Earth
The richest person in the world is no longer a trillionaire after Tesla and SpaceX share prices plunged during Tuesday’s global stock sell-off. He is now worth $957 billion, according to Bloomberg’s Billionaires Index.
Starlink denied entry as Namibia rebuffs 624 appeals for license
Namibia rejected more than 600 appeals against its decision to deny trillionaire Elon Musk’s Starlink a license to operate in the country, including a challenge brought by the satellite internet provider.
A mining billionaire made a major bet on SpaceX — eyeing potential ties to Musk’s company
Australian mining billionaire Gina Rinehart has made a major bet on Elon Musk’s SpaceX that could lead to more than just a financial return.
Elon Musk becomes world’s first trillionaire
Elon Musk has become the world’s first trillionaire, with SpaceX’s long-awaited stock market debut, at $150 per share, propelling the founder and CEO into uncharted financial territory.
Namibia under pressure to rethink Starlink ban as hundreds challenge licence denial
Namibia’s telecommunications regulator is facing mounting pressure to reconsider its decision to block Elon Musk’s Starlink after receiving hundreds of requests from citizens and stakeholders seeking a review of the ruling.
Jeff Bezos moves to challenge Elon Musk’s Starlink in Africa with first satellite gateway in Kenya
Jeff Bezos is ramping up his challenge to Elon Musk’s Starlink in Africa, with Amazon seeking regulatory approval to establish its first satellite gateway on the continent in Kenya, a move that could reshape competition in the region’s fast-growing satellite internet market.
South African-born Elon Musk nears trillionaire status amid AI, space, and energy boom
Elon Musk’s march toward becoming the world’s first trillionaire is no longer a distant fantasy in global finance circles, with Forbes estimating his fortune at about $839 billion.
Elon Musk to become world’s first trillionaire
A successful IPO of his firm later this year could make Musk the world’s first trillionaire.
Namibia blocks Elon Musk’s Starlink from operating in the country
Namibia has rejected billionaire Elon Musk’s Starlink from operating in the country, denying the satellite internet company both a telecommunications license and access to radio spectrum.