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Elon Musk

Space

SpaceX has quietly launched a spacecraft almost no one knew existed

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Europe News

Row between Elon Musk and Germany's ZDF sparks major controversy

German broadcaster ZDF has reacted to a cease-and-desist suit from Elon Musk, deleting a line from a programme intro over his links to UK right-wing activist Tommy Robinson.

Markets

SpaceX overtakes Amazon to become world's fifth most valuable firm

Just three trading days after its record IPO, SpaceX has leapfrogged Amazon to become the world's fifth most valuable listed company, with its shares briefly carrying it past Microsoft during a frenetic Tuesday session.

Business

SpaceX buys coding startup Cursor for $60bn in major AI push

SpaceX has agreed to acquire Anysphere, the company behind the popular AI coding tool Cursor, in an all-stock deal valuing the startup at $60 billion (€51.7bn), just days after Elon Musk's firm had a record-breaking IPO.

Markets

Investors look beyond the 'Magnificent 7' and embrace the 'FAB 10'

SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

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Markets

SpaceX starts trading after the largest public offering in history

Elon Musk's SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).

Europe News

Euroviews. Elon Musk's SpaceX IPO: the capitalist space revolution begins

World’s biggest IPO: Elon Musk wants to raise $75bn for SpaceX, making him Earth’s first trillionaire, as Rainer Zitelmann explains in an opinion piece for Euronews how it came about and what happens next.

Markets

SpaceX's stock market debut: Five risks investors need to know

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.

Business

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.

Markets

SpaceX IPO: What European retail investors need to know

SpaceX is expected to make its stock market debut on Friday in what could become the largest IPO in history. Here's how retail investors in Europe can participate and the risks they should consider.

Business

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.

Tech News

Blue Origin rocket explodes seconds into engine test

Blue Origin's New Glenn rocket exploded during an engine test at Cape Canaveral, with Jeff Bezos acknowledging a “rough day” and saying the company will rebuild and continue testing.

Tech News

High-stakes SpaceX rocket launch delayed due to mechanical woes

SpaceX has already spent months testing and redesigning the Starship V3, which it described as “the most powerful launch system ever developed.”

Culture news

Lupita Nyong'o responds to racist backlash over 'The Odyssey' role

Lupita Nyong'o waved off racist criticism from online users, including Elon Musk, over her casting as Helen of Troy in Christopher Nolan's 'The Odyssey.'

Tech News

Elon Musk’s Grokipedia cites more right-wing sources, study finds

Grokpedia articles about religion, history, literature and art referenced more right-wing websites than Wikipedia’s on the same topics, a new study found.

Markets

SpaceX IPO countdown to what could be the biggest ever listing

SpaceX plans a record-breaking IPO that could raise around $75 billion (€64.5bn) despite ongoing losses. The Elon Musk-led firm says funds will support Moon and Mars missions, while strong Starlink earnings contrast with losses in X and xAI.

Australia

Musk's X fined for failing to comply with Australian online safety law

The initial violation notice was sent by Australian authorities to Twitter Inc shortly before billionaire Elon Musk acquired the company and renamed it to X. The social media platform’s attorneys argued that the fine was not justified as the violation came during a period of change and transition.