Elon Musk

Finance

SpaceX Draws Hordes of Investors, Some Unlikely or Unknowing

Photo via World Economic Forum / Avalon/Newscom

SpaceX is expected to set aside 20% of its shares for retail buyers who’ve placed bids for more than $100 billion worth of shares.

2 min read

Photo via Rivian

Electric Vehicles

Rivian Is Gaining Ground on Tesla With New Midsize SUV

R2 hitting the market marks a significant milestone for Rivian, one that could determine whether it becomes a household name.

2 min read
Photo via Charles Briggs/ZUMAPRESS/Newscom

Industrials

The SpaceX IPO Is About Way More Than Just Rocket Ships

Projections of massive growth for X (née Twitter), xAI and Starlink are all central to the lofty SpaceX IPO thesis.

2 min read
Photo by Guillermo Ferla via Unsplash

ETF Upside

SpaceX IPO Pumps Rocket Fuel into Thematic Space ETFs

“Everyone wants a piece of SpaceX,” said Strategas’ ETF strategist Todd Sohn.

2 min read

Banking

Anthropic Raises Stakes in Wall Street’s IPO Gold Rush

Photo by Robb Miller via Unsplash

In March, The Information reported that bankers involved in taking the company public expect it to raise a monstrous $60 billion in its IPO.

2 min read

International Economics

What Wall Street CEOs Want from Trump-Xi Summit

Photo via Xinhua/Sipa USA/Newscom

The combined net worth of the US CEOs who joined President Donald Trump for a two-day summit in China is nearly $1 trillion.

2 min read

Artificial Intelligence

OpenAI Wins Pentagon Work as Altman Tries to Square Circular Deals after Raising $110B

Photo via Florian Gaertner/IMAGO/BMF/Newscom

Backing from Nvidia and Amazon made it the latest circular deal, in which money-losing AI startups are being financed by their own customers.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos via Waymo, Zoox, and Tesla

Electric Vehicles

Who Will Win the Robotaxi Wars?

All of the major players are vying for a major share of a ridehailing market estimated at $43 billion in the US and $150 billion worldwide.

5 min read
Photo via Michael Siluk/UCG/Universal Images Group/Newscom

Electric Vehicles

As Tesla Doubles Down on AI and Robots, EVs Look More Like a Side Hustle

Earlier this month, Tesla lost its title as the best-selling electric vehivle maker in the world to Chinese company BYD.

2 min read
Photo by Chris Allan via iStock

Electric Vehicles

Tesla Revs Up Earnings as Investors Focus on the Future over the Now

Earlier this month, Tesla shared that it delivered about 1.6 million vehicles last year, a 9% drop from 2024.

2 min read

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