SpaceX market cap tops $2 trillion after shares of Elon Musk’s rocket company gain 19% on debut
SpaceX shares soared on Friday as trading commenced on the Nasdaq.
Elon Musk becomes world’s first trillionaire as SpaceX begins trading on the Nasdaq
Elon Musk’s stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk’s net worth as of Friday is roughly $1.05 trillion.
SpaceX IPO takeaways: SPCX closes at $161, jumping 19% after record debut
SpaceX rallied in its first day as a public company. CNBC provided updates throughout the day.
Former Tesla board member says SpaceX needs to achieve 2 of its 3 moonshots to keep its valuation
SpaceX has achieved its goal of becoming the largest IPO on record.
SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors
Gwynne Shotwell, long Elon Musk’s second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company’s highly anticipated IPO.
Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up 5%
Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
Why Nokia thinks it can win the 6G race
Nokia helped define the mobile era. Now it’s trying to shape what comes next. As artificial intelligence transforms how networks are built and managed, the Finnish telecom giant is betting on AI-driven infrastructure, 6G and a more software-centric fut…
Jewelry giant Chow Tai Fook’s shares rise 15% as higher gold price boosts profits
Chow Tai Fook surged after posting a record high profit in its latest financial year.
Meta reportedly begins dismantling $2 billion Manus deal on Beijing’s orders
Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing’s unprecedented order to hand back the Chinese-founded AI startup.
UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
