Business
Elon Musk's Tesla and SpaceX lose over $420 billion in combined market cap after midterms
Elon Musk's Tesla and SpaceX lose $420 billion in combined market cap after midterms
Advertisement
Topic
Tesla
Politics
Musk-backed candidates lose US midterms despite financial backing
Shares of Tesla and SpaceX dropped after the Democratic party swept to power in America's midterm elections. Their founder, tech titan Elon Musk, poured over $440 million into Republican candidates and causes, the single biggest campaign donor in the election cycle. But his investment fell flat, as his preferred candidates lost races in Texas, where he has put down roots. We take a closer look.
World
Musk makes light of defeats after record spend on Republican candidates
Tesla and SpaceX founder Elon Musk is the world's richest man and the largest individual donor in the US midterms.
Business
AI data center stocks and Musk's SpaceX decline as Texas governor result raises risks of a slowdown
AI fortunes were mixed as premarket trading opened on Wednesday.
Business
Musk and Zuckerberg echo Trump's push to rebrand AI as 'super intelligence' on earnings calls. Others do not
Meta's Mark Zuckerberg and Elon Musk of Tesla and SpaceX adopted President Trump's preferred "super intelligence" term on their third-quarter earnings calls.
Business
Musk's PAC lawyer runs in Texas House district that is home to billionaire's business interests
A chip factory being built by Elon Musk's Tesla and SpaceX is in Texas's 10th District, where his PAC's former lawyer Chris Gober is the GOP U.S. House nominee.
Business
SpaceX, Tesla and Anthropic may reshape the S&P 500—but not right away
SpaceX, Tesla and Anthropic could become major S&P 500 holdings. Here's what that could mean for index fund investors.
Business
With earnings in rearview mirror, SpaceX-Tesla merger chatter takes center stage
A Tesla-SpaceX merger may be in the works, but the companies face a long road of negotiations and regulatory reviews.
Advertisement
Business
SpaceX and Tesla have high election stakes as Elon Musk pours $366 million into campaigns
Musk’s biggest political bet is on the Senate, where control could shape future investigations, federal spending and regulations affecting SpaceX and Tesla.
Business
Meta and Tesla bulls get confidence boost after SpaceX earnings
A big rally in SpaceX after earnings is giving hope to Meta and Tesla bulls ahead of their reports due Wednesday afternoon.
Business
Tesla beats on earnings and sales even as auto revenue declines
Tesla reported better-than-expected third-quarter results.
World
Musk talks up potential merger of SpaceX and Tesla
As SpaceX reports blockbuster quarterly earnings, CEO Elon Musk floats the possibility of merging the rocketry and AI firm with his electric car company Tesla. Also in this edition: OpenAI reveals more agent misbehaviour as market turmoil hits data centre companies, and France's political crisis exacerbates its bond market rout.
Business
SpaceX stock jumps 10% after earnings beat and Musk hints at Tesla tie-up
SpaceX shares jumped after the company reported surging revenue growth in its third quarter, and owner Elon Musk floated a potential SpaceX-Tesla merger.
World
Musk says SpaceX-Tesla merger 'good idea' as companies explore union
Musk confirmed the long standing speculation of a possible merger between Tesla and SpaceX but warned that it would be premature to assume it is happening for sure.
Business
Why is Elon Musk plotting a mega-merger of SpaceX and Tesla?
Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.
World
Elon Musk says SpaceX and Tesla exploring largest merger in history
Tech mogul says tie-up has a 'lot of merit', given firms' complementary work on AI.
Advertisement
World
Musk confirms SpaceX and Tesla exploring merger
Elon Musk says SpaceX and Tesla are considering a merger that would form a $3.5 trillion mega company.
Business
Elon Musk confirms he is considering merging Tesla and SpaceX
Musk says special committees within both companies have been formed to look at a possible mega-merger.
Business
CNBC Daily Open: Tech rebounds in the U.S., but Asia isn’t buying it yet
The Nasdaq Composite gained more than 1% after last week’s sell-off, led by advances in Tesla, Nvidia and Alphabet.
World
11-year old flying car company mocks Tesla Roadster
California-based Alef Aeronautics mocked Tesla, releasing a video of its flying car soaring over a Tesla Roadster.