Elon Musk

SpaceX shares fall for third day, erases $776 billion in market value

Even with the losses on June 22, SpaceX is the sixth-largest company in the world with shares about 15 per cent higher than their US$135 IPO price.

SpaceX shares fall for second straight day after 49% jump

SpaceX remains on track to end the week about 35 per cent above its US$135 (S$175) IPO price.

Elon Musk’s next move may be a megamerger of SpaceX and Tesla

Because Musk controls SpaceX and is Tesla’s largest shareholder, he would essentially be making a deal with himself.

Elon Musk’s AI tool Grok was used in strikes against Iran: US govt

Grok is already in use within Project Maven, the US military’s AI-assisted targeting program.

OpenAI wins dismissal of trade secret lawsuit by Elon Musk’s xAI

A US district judge ruled that Elon Musk's xAI failed to prove that OpenAI had induced its former engineer to misappropriate trade secrets.

Market Insights

Experts urge closer look at SpaceX’s lofty valuation on IPO rally

SpaceX shares debuted at US$150 on June 12 and climbed to a high of US$176.52 during the session, before closing 7 per cent higher at US$160.95.

SpaceX IPO: What you should know about its record-breaking debut

An advertisement for SpaceX is displayed on a screen at Times Square after the launch of SpaceX’s initial public offering (IPO) in New York on June 12, 2026. Shares in Elon Musk's SpaceX jumped as much as 30 per cent on their trading debut after the biggest IPO in history, making the polarising entrepreneur the world's first trillionaire as he vowed to take humanity to Mars. (Photo by ANGELA WEISS / AFP)

Retail investors build big dreams on small slices of SpaceX

SpaceX signage at the Nasdaq MarketSite after the company's initial public offering in New York on June 12, 2026.

Musk is the world’s first trillionaire. Who was the first billionaire?

People gather to watch a live feed with SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. REUTERS/Jeenah Moon

Newly minted trillionaire Musk under fire over Belfast riots

A fire burns during a protest on June 9 after a knife attack left a man seriously injured in Belfast, Northern Ireland.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.