Becky Peterson

Nasdaq has kept it simple for the SpaceX IPO. While the exchange gets plenty of traffic from tourists in Time Square, there wasn’t any signage or big display to call attention to the day’s big event. Morgan Stanley, whose headquarters are down the street, made up for it with a large billboard image

SpaceX’s listing on both New York’s Nasdaq Stock Market and Nasdaq Texas is a love letter to the Lone Star State. Though Musk lived in California for many years, he formally abandoned the state for Austin, Texas, in 2020 after growing frustrated with Covid-era restrictions on the West Coast. He mov

The SpaceX board of directors made its public debut on video streams of the dual listings in New York and Texas. Investors Steve Jurvetson, Randy Glein and Ira Ehrenpreis joined President and COO Gwynne Shotwell at the bell ringing in New York, while Antonio Gracias appeared from Texas. (Director D

SpaceX shares are up more than 20% in their market debut, right in the range of first-day “pops” bankers like to see. Not every big IPO has gone so smoothly. Meta, then k

Elon Musk became the world’s first trillionaire as investors bought into the moonshot AI vision in a remarkably smooth IPO.

Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity gives the company a launchpad to land more enterprise customers.

Sequoia Capital’s Roelof Botha, who previously served as the firm’s top leader, has joined SpaceX as a director on its board. Botha will serve as an independent director, expanding the new public company’s board to nine people including Chief Executive Elon Musk and President Gwynne Shotwell. Two of

Elon Musk boosted his voting power in Tesla to 20% by turning some of his stock options into shares that he can immediately vote but can’t sell until 2028. Fresh off last week’s SpaceX IPO, Musk made good on an April agreement with Tesla to convert outstanding options on roughly 300 million shares

The electric automaker sells just three new-car models now, with CEO Elon Musk putting the focus on autonomous vehicles and robotics.

Tesla sold 480,126 electric vehicles globally in the second quarter, up 24.9% from the same period last year, the company said. Its shares however dropped 7.5%, their steepest one-day fall since July 2025. The stock