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Top 12 elon musk News Today

#1
SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire
#1 out of 120.00%
business6h ago

SpaceX targets biggest ever stock market debut, putting Musk on course to be trillionaire

https://www.theguardian.com/science/2026/jun/03/spacex-ipo-stock-muskhttps://nypost.com/2026/06/03/business/elon-musks-spacex-sets-135-price-for-blockbuster-ipo/https://www.nbcnews.com/business/markets/spacex-ipo-valuation-elon-musk-rcna348287
Theguardian.com and 5 more
  • SpaceX plans an IPO priced at $135 per share, valuing the company at about $1.75 trillion and signaling a major market debut.
  • The IPO could exceed Aramco's fundraising records, potentially making SpaceX the largest public offering if demand meets expectations.
  • SpaceX aims to raise about $75 billion through the IPO, the most ever for an offering, underscoring strong investor appetite for its ventures.
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#2
Doja Cat Slams Elon Musk as a ‘Barrel Chested Ewok’ While Requesting Changes to X: ‘You Look Like You Eat Sand’
#2 out of 12
celebrities28m ago

Doja Cat Slams Elon Musk as a ‘Barrel Chested Ewok’ While Requesting Changes to X: ‘You Look Like You Eat Sand’

https://variety.com/2026/music/news/doja-cat-elon-musk-barrel-chested-ewok-x-twitter-1236766362/
Variety.com
  • Doja Cat publicly criticized Elon Musk on X, calling him a 'barrel chested Ewok' in a post.
  • She urged reinstatement of the platform's audio post feature, implying it enhances user communication.
  • The remarks arrive as part of broader coverage on Musk's management of X and feature changes.
  • The article notes prior incidents where other stars criticized Musk, highlighting a pattern of online punching bags.
  • The piece places Doja Cat's post within coverage of ongoing debates about platform features and user tools.
  • The article provides context by detailing Musk's ownership and its impact on the platform's user metrics.
  • Doja Cat's message adds to a trend of entertainers weighing in on social media policy changes.
  • The coverage cites Doja Cat's direct appeal to Elon Musk on X, seeking a policy reversal.
  • The piece notes the broader financial and regulatory context surrounding Musk's leadership.
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#3
The SpaceX IPO Could Blow Up This Mega-Popular Investing Strategy | The Motley Fool
#3 out of 12
business23m ago

The SpaceX IPO Could Blow Up This Mega-Popular Investing Strategy | The Motley Fool

https://www.fool.com/investing/2026/06/03/the-spacex-ipo-could-blow-up-this-mega-popular-inv/
Fool.com
  • SpaceX is planning an IPO with a target valuation near $2 trillion, potentially joining major indices soon after the offering.
  • If the IPO raises about $80 billion, SpaceX could have an initial S&P 500 weight around 0.14%, impacting index fund purchases.
  • SpaceX is not GAAP profitable, and most shares are expected to remain private, which challenges S&P 500 eligibility standards.
  • Morningstar valued SpaceX at about $780 billion, far below the $2 trillion target, highlighting valuation debate.
  • The move could set a precedent for future IPOs and influence index fund performance through altered allocations.
  • Index funds such as VOO, SPY, and QQQ may have to incorporate SpaceX, affecting how investors allocate assets.
  • The Motley Fool notes that SpaceX’s inclusion could push investors to diversify away from pure index exposure toward other ETFs.
  • SpaceX’s strategic move could influence how major index providers treat float-adjusted market cap calculations.
  • The article frames SpaceX’s IPO as a test of how IPOs can influence index fund behavior and investor expectations.
  • The piece notes that SpaceX's ownership structure under Musk could affect its initial market impact post-IPO.
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#4
Elon Musk’s SpaceX drives hard bargain with bankers ahead of IPO: report
#4 out of 12
business1d ago

Elon Musk’s SpaceX drives hard bargain with bankers ahead of IPO: report

https://nypost.com/2026/06/02/business/elon-musks-spacex-drives-hard-bargain-with-bankers-ahead-of-ipo-report/
Nypost.com
  • SpaceX negotiates sub-0.75% underwriting fees for its planned $75 billion IPO, a fraction of typical mega-offer costs.
  • Goldman Sachs and Morgan Stanley lead the syndicate for SpaceX’s IPO while 21 banks participate.
  • Valuation could reach about $1.8 trillion, underscoring SpaceX's expansive business beyond rockets.
  • The IPO aims to capitalize on SpaceX’s growth areas, including Starlink, while balancing bank profitability.
  • The timing of multiple mega-deals raises concerns about demand in a compressed market.
  • SpaceX could significantly boost Musk’s wealth if the IPO proceeds as planned.
  • SpaceX’s Starlink business remains a primary profit engine amid ongoing launch operations.
  • Banking firms face scrutiny over compensation and conflict amid the SpaceX listing talks.
  • SpaceX’s planned IPO could become the largest stock-market debut on record.
  • Experts warn a crowded mega-IPO calendar could test investor appetite for new issues.
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#5
He Blew the Whistle on DOGE. Then His Brakes Were Cut
#5 out of 12
crime1d ago

He Blew the Whistle on DOGE. Then His Brakes Were Cut

https://www.wired.com/story/he-blew-the-whistle-on-doge-then-his-brakes-were-cut/
Wired.com
  • Berulis alleges DOGE accessed NLRB data and saw login attempts from Russia, prompting a Congressional whistleblower complaint in April 2025.
  • Musk-linked DOGE activity was described as sweeping government offices and firing workers, according to Berulis' claims.
  • Police and investigators are referenced in relation to the brake-line incident and Berulis' police report.
  • GAO and NLRB OIG investigations are cited as ongoing reviews into DOGE’s alleged access and data exfiltration.
  • Berulis says he sought protection for whistleblowers and aims to shine light on DOGE's operations.
  • Musk and DOGE-related posts were cited as influencing public perception and potential threats against Berulis.
  • NLRB and related agencies reportedly opened inquiries into DOGE's access and potential data loss.
  • Berulis left the NLRB in April 2025 after filing his disclosures.
  • The story notes continuing comments from involved parties and media coverage about DOGE investigations.
  • Berulis has publicly stated his life was threatened and faced reputational harm after speaking out.
  • Experts say the case centers on discourse surrounding whistleblowers and DOGE's government activity.
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#6
seekingalpha.com
#6 out of 12
business1d ago

SpaceX: Lessons From The Post-IPO Drawdowns Of Mega-Tech Royalty (Pending:SPCX)

https://seekingalpha.com/article/4911107-spacex-lessons-from-the-post-ipo-drawdowns-of-mega-tech-royalty
Seekingalpha.com
  • SpaceX is planned to debut on NASDAQ as SPCX with a $1.7–$2.0 trillion valuation target and a $75 billion raise.
  • The S-1 projection shows 2025 revenue near $18.67 billion but notes GAAP losses and high cash burn from xAI integration.
  • Historical mega-cap IPOs often see post-listing drawdowns, suggesting Day 1 isn’t ideal for retail entry.
  • Analyst Peter Richman advises gradual accumulation over 6–24 months, with more buying after post-IPO declines.
  • The analysis bases its view on momentum and risk models, applying a hybrid asset framework to timing.
  • The article emphasizes not to rely on post-IPO hype, urging investors to consider post-listing performance patterns.
  • Richman discloses a long position in multiple tech equities, not including SPCX, per transparency disclosures.
  • Seeking Alpha notes the disclosure of no direct business relationship with SPCX and no compensation beyond standard publishing.
  • The report mirrors a cautionary stance on post-IPO returns based on lessons from analogous mega-cap listings.
  • The piece positions SpaceX's IPO within a broader trend of mega-cap tech drawdowns after listing.
  • The translation of the original Seeking Alpha analysis confirms SpaceX's post-IPO risk signals tied to cash burn from xAI.
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#7
Should You Buy SpaceX? Here's What History Says About Investing in an Elon Musk-Backed Company. | The Motley Fool
#7 out of 12
business18h ago

Should You Buy SpaceX? Here's What History Says About Investing in an Elon Musk-Backed Company. | The Motley Fool

https://www.fool.com/investing/2026/06/03/should-you-buy-spacex-heres-what-history-says/
Fool.com
  • SpaceX IPO could launch as early as June 12, with a roadshow beginning soon.
  • Retail investors may receive a larger share allocation than typical IPOs.
  • Historical context from Tesla is used to assess SpaceX potential performance.
  • Investors are advised to assess SpaceX on its own merits, not just Musk’s track record.
  • SpaceX faces fundamental risks due to heavy investment and unproven technologies.
  • Tesla’s past performance is used to illustrate Musk’s potential but not a guarantee for SpaceX.
  • The analysis discusses how SpaceX might be a different investment story from Tesla.
  • The Motley Fool frames SpaceX’s IPO as potentially the biggest in history if successful.
  • Experts note the big demand for SpaceX amid active market chatter.
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#8
Elon Musk is set to become Earth’s first trillionaire. Democrats are taking aim.
#8 out of 12
business18h ago

Elon Musk is set to become Earth’s first trillionaire. Democrats are taking aim.

https://www.nbcnews.com/tech/elon-musk/musks-soon-trillionaire-status-brings-political-attacks-rcna347107
Nbcnews.com
  • Musk is expected to become the world’s first trillionaire as SpaceX begins selling shares, according to NBC News.
  • Politicians on the left say Musk’s wealth highlights income inequality and warrants scrutiny.
  • Democratic leaders and activists have used Musk’s potential trillionaire status to discuss tax policy.
  • Musk’s wealth is tied to government contracts and subsidies cited by critics.
  • Supporters on social media view Musk’s wealth as a sign of entrepreneurial achievement.
  • Experts compare Musk’s potential trillionaire status to broader wealth debates ahead of elections.
  • The coverage notes how Musk’s wealth status is used in political messaging around the middle class.
  • The article notes Musk’s wealth tied to SpaceX and Tesla amid the IPO timeline.
  • The piece includes perspectives from lawmakers and activists on taxes and allocation of wealth.
  • The report references historical comparisons and public understanding of trillionaire figures.
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#9
Labour MP sues Elon Musk’s AI company over fake sexualised images
#9 out of 12
technology10h ago

Labour MP sues Elon Musk’s AI company over fake sexualised images

https://www.theguardian.com/technology/2026/jun/03/labour-mp-sues-elon-musks-ai-company-over-fake-sexualised-imageshttps://nypost.com/2026/06/03/business/british-lawmaker-jess-asato-sues-elon-musks-xai-after-grok-users-made-fake-sexualized-images-of-her-in-a-bikini/
Theguardian.com and 1 more
  • British Labour MP Jess Asato has filed a High Court claim against Elon Musk's xAI over Grok-generated, non-consensual sexualised images, incorporating new details from the reference.
  • The case extends to Grok-created bikini imagery and a chloroformed scene, underscoring the breadth of non-consensual content produced without consent.
  • Asato’s claim argues Grok breached data protection laws and the misuse of private information by enabling image creation without consent.
  • The case tests accountability for AI design and deployment, arguing that an image designed to degrade someone should be treated as an image of that person.
  • The UK government had signalled potential action on Grok earlier, highlighting regulatory concern over the tool's handling of real people's images.
  • Ofcom opened an inquiry into Grok as controversy grew, signaling heightened regulatory scrutiny across multiple jurisdictions.
  • Grok editing was paused or restricted for real-people images after backlash, with X halting edits to reveal more safeguards.
  • Asato frames the dispute as a rights-versus-power issue, calling for safeguards before harm occurs to women and children.
  • The lawsuit follows a US case against Grok by Ashley St Clair, illustrating transatlantic legal challenges to Grok’s use.
  • New reference coverage from the New York Post reiterates Grok as a platform under regulatory probes amid outcry over non-consensual sexualized images.
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#10
We’d love to leave X, but sadly have little choice | Letters
#10 out of 12
technology10h ago

We’d love to leave X, but sadly have little choice | Letters

https://www.theguardian.com/technology/2026/jun/03/wed-love-to-leave-x-but-sadly-have-little-choice
Theguardian.com
  • Major brands and organizations still use X to reach audiences quickly, despite concerns about Musk's influence.
  • The article notes the difficulty of leaving X when coverages and responses are centralized on the platform.
  • Jonathan Liew questions why progressives remain on the platform, with the piece referencing his earlier call-out.
  • The piece highlights a sense of inevitability about leaving X, yet notes practical barriers keep users engaged.
  • The Guardian’s discussion frames the platform as a central hub for communication and commentary.
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