Prince Alwaleed bin Talal’s Lucid stake buildup: The art of buying when others are selling
As per the United States SEC's latest filing, HRH Prince Alwaleed bin Talal Al Saud has built a position of 19,513,000 Class A shares in EV maker Lucid...
Tag : Elon Musk
SpaceX: From history’s biggest IPO to Wall Street’s most crowded short
Almost a third of SpaceX's tradable stock has been sold short six weeks after listing, handing the bears USD 15.5 billion...
Can Tesla afford its robot dreams? What the Q2 numbers really show
Record revenue masked a profit miss and Tesla's first negative free cash flow in two years, as Musk poured billions into AI, Optimus and a robotaxi programme...
Short sellers gain USD 8.7 billion on SpaceX’s valuation decline
Talking about SpaceX's market dip, from the post-IPO high of USD 225.64, the stock has come down to USD 135...
SpaceX joins the Nasdaq 100: What investors need to know
SpaceX’s rapid entry into America’s premier technology index has forced billions in automatic fund purchases, but a looming lockup expiries mean the ride could stay bumpy...
Premature to declare a full recovery for Wall Street: Susannah Streeter
Much of the momentum concentrated around a relatively narrow group of companies linked to artificial intelligence and other high-growth themes...
Wall Street’s trillion-dollar question: How much is SpaceX really worth?
After a record-breaking IPO and wild swings in its share price, investors remain split over whether SpaceX is the world’s next 'great growth company'...
Gwynne Shotwell: The woman who built the SpaceX
Shotwell is best known for her "Glasgow Act," in which she prevented SpaceX from going bankrupt by helping the venture land a NASA resupply contract...
SpaceX’s IPO craze fizzles as rocket-and-AI firm’s shares lose momentum
Due to its relatively small public float and high valuation, analysts and portfolio managers have been cautioning investors to anticipate volatility ahead...
Business leader of the Week: How Elon Musk became world’s first trillionaire
In the six years since he first crossed USD 100 billion, Musk's net worth grew roughly tenfold, at a pace that no billionaire in history has matched...