Tesla jumps on Musk’s $20bn AI chip push March 24, 2026 Tesla shares climbed around 3.5 per cent on Monday after Elon Musk unveiled plans for Terafab, a huge semiconductor manufacturing project aimed at securing chip supply for the company’s next phase of growth. The stock rose to about $381 as investors responded positively to the announcement, as the firm looks beyond electric vehicles into AI [...]
Musk’s mega merger raises stakes for SpaceX IPO February 4, 2026 Musk’s decision to absorb xAI into SpaceX may strengthen its growth narrative ahead of a mooted IPO. Or, it could add a trifecta of complexity, regulatory exposure and executive risk at a particularly sensitive moment. The all-stock deal values the combined group at around $1.25 trillion (£910bn), making it the world’s most valuable private company [...]
Musk’s SpaceX swallows xAI ahead of mega IPO February 3, 2026 Elon Musk’s rocket company SpaceX has acquired his AI firm xAI in a deal valuing the combined business at roughly $1.25 trillion (£910bn) as the billionaire tightens control of his empire, ahead of a long-trailed IPO. The all-stock transaction, announced on SpaceX’s own website on Monday, values SpaceX at about $1 trillion, and xAI at [...]
Is Musk’s SpaceX IPO date written in the stars? January 28, 2026 SpaceX may be aiming for the stars in more ways than one as Elon Musk has floated the idea of timing the rocket maker’s IPO to coincide with a rare planetary alignment, as well as his own birthday. The tentative window is mid-June, when Jupiter and Venus will appear unusually close together in the night sky, a [...]
Elon Musk’s Space X in talks with Wall Street banks over mega IPO January 23, 2026 Elon Musk’s aerospace firm Space X is holding early-stage discussions with a flurry of leading Wall Street banks about a potential listing that could rank among the largest market debuts ever. According to the Financial Times, the company is considering Morgan Stanley, Goldman Sachs, JP Morgan Chase and Bank of America for senior roles on [...]
OpenAI, SpaceX, Anthropic: the tech giants lining up blockbuster IPOs December 28, 2025 For more than a decade, Silicon Valley’s most powerful companies have stayed private for longer than ever before, buoyed by deep pools of capital and sovereign wealth funding. But, as interest rates remain higher, AI infrastructure costs balloon and some of the world’s largest private firms mature into businesses of national, and increasingly geopolitical, importance, [...]
Meet the lawyer that launched Mayer Brown into Space (law) October 1, 2025 Fifteen years ago, Rachael O’Grady, an arbitration lawyer, had a blown-up satellite operator case land on her desk, a case that would pique her interest and ultimately lead to the creation of a space practice at Mayer Brown. “Given my international law background, I started thinking about space and how that might interact with international [...]
Markets are ignoring global instability – but a reckoning looms July 3, 2025 Despite simmering political crises and looming economic risks, markets are riding a low-volatility sugar high – fuelled by central bank interventions – but the longer reality is ignored, the sharper the eventual correction, says Helen Thomas With markets taking an early summer holiday, basking in the glow of record highs for the S&P500, it can [...]
In Musk v Trump, the markets will win June 6, 2025 City AM columnist Rainer Zitelmann has been predicting a rift between Musk and Trump ever since the two started working together. Now that this has happened, the French daily newspaper L’Express has spoken to him again. The interview was conducted by Thomas Mahler. “I never believed that the alliance between Elon Musk and Donald Trump would last,” [...]
Trump and Musk: Explosive row engulfs Washington June 5, 2025 The relationship between US President Donald Trump and billionaire Elon Musk has descended into threats, abuse and accusations. A disagreement over the merits of Trump’s tax and spending legislation has turned into a dramatic feud, with Trump saying he was “surprised” at Musk’s criticism of his “big, beautiful” bill. “Elon and I had a great [...]