Latest Elon Musk News and Insights | Yellow

SpaceX shares have erased much of their post-IPO surge, pushing Elon Musk below the $1 trillion wealth mark after a brief run at the top. Key Points: SpaceX shares have fallen 31% from their Jun. 16 peak of $225.64. Musk’s fortune dropped to $957 billion, according to the Bloomberg Billionaires Inde

Elon Musk has endorsed NVIDIA’s argument that modern AI data centers consume far less water than critics often claim, as the industry faces growing scrutiny over its environmental footprint. Key Points: NVIDIA says new liquid-cooling systems can reduce direct cooling water use from millions of gallo

Wall Street is again betting on a merger between Tesla and SpaceX after the rocket maker's record listing, though analysts caution the combined company would still lose money. Key Points: SpaceX completed the largest IPO on record, and its shares have climbed sharply since the Jun. 12 debut. Renewed

Elon Musk says SpaceX could pull in roughly $1 trillion in annual revenue by 2030, triple the figure his own underwriters project. Key Points: Musk projects close to $1 trillion in SpaceX revenue by 2030, with more the year after. Morgan Stanley, a lead underwriter, models about $330 billion for tha

SpaceX’s record IPO pushed Elon Musk past the trillion-dollar mark, making him the first person known to reach that level of wealth. Key Points: SpaceX raised $75B in its initial public offering Thursday. Musk’s fortune is expected to exceed $1.1 Trillion when trading begins Friday. Investors are pr