New Texas governor-elect takes a more welcoming tone toward Musk after campaigning against the SpaceX agreement
Texas Governor-elect Gina Hinojosa is taking a more measured approach to Elon Musk after campaigning against a proposed SpaceX land deal. She says she is willing to work with Musk’s companies, provided they operate “on our terms.” During her campaign, Hinojosa criticized outgoing Gov. Greg Abbott for considering a land deal with SpaceX, arguing that […]
Elon Musk may give 72 million American children a stake in SpaceX
Children will shape the country’s future, though a lot depends on the world they grow up in. Elon Musk has suggested giving every American child a share of SpaceX. If that idea becomes reality, it could mean more than a small boost to their savings. Most kids don’t inherit much in the way of investments: […]
Robert Reich urges the government to take control of SpaceX and Starlink, and Elon reacts.
Robert Reich is calling on Democrats to “defund” Elon Musk and take control of his companies if they achieve government power. The former labor secretary under President Bill Clinton accused Musk of using bribes to influence politics. Reich expressed that “Musk epitomizes the power of oligarchy over democracy” in America. Recently, he articulated his ambition […]
Musk vows to give a SpaceX share to each child in America by 2027
Elon Musk promises SpaceX shares to every US child Elon Musk recently made a noteworthy announcement on X, stating that he intends to distribute one share of SpaceX stock to every child in America come 2027. His exact words were, “Next year, I will give one of my SpaceX shares to every kid in America. […]
SpaceX obtains $40 billion for AI chip acquisitions supported by Starlink earnings
Elon Musk recently announced that SpaceX has secured $40 billion in debt financing specifically for acquiring graphics processing units (GPUs) aimed at enhancing its artificial intelligence (AI) efforts. This significant funding highlights the vast financial investments unfolding in the competitive landscape of AI computing. On Sunday, Musk attributed the success in securing this financing to […]
Elon Musk’s approval required for SpaceX and Tesla merger
SpaceX announced on Thursday that any possible merger with Tesla will need the approval of Elon Musk, despite the fact that he has stepped back from discussions due to conflict of interest concerns. On Tuesday, Musk, who is reportedly the richest person in the world, suggested that merging SpaceX and Tesla could be “a good […]
SpaceX increases by 10% and Tesla grows following impressive revenue boost and potential merger
Elon Musk’s Ventures Boost Market Shares Following Impressive Earnings On Wednesday, shares of both SpaceX and Tesla experienced a significant surge after SpaceX disclosed remarkable revenue figures and hinted at a potential merger with Tesla. This development had a ripple effect, pushing other tech stocks and the Nasdaq upwards. Specifically, SpaceX’s stocks rose by 10% […]
Stock futures increase as traders assess the newest batch of earnings; SpaceX stock soars: Live updates
Market Update: Stock Futures and Earnings Reports On October 19, 2026, a trader can be seen working at the New York Stock Exchange. U.S. stock futures showed positive movement early Wednesday as traders analyzed the latest earnings announcements. S&P 500 futures rose by 0.29%, while Nasdaq-100 futures increased by 0.7%. Meanwhile, Dow futures remained unchanged. […]
Musk believes merging Tesla and SpaceX is a smart move as committees are created
Elon Musk Suggests Merger Between Tesla and SpaceX On Tuesday, Elon Musk shared that merging Tesla and SpaceX could be “a good idea.” He indicated that both companies have set up special committees comprised of independent directors to look into the possibility of such a deal. It’s a thought Musk has had before, mainly because […]
SpaceX shares rise sharply after impressive earnings report showing a 161% increase in revenue, while Musk discusses a possible Tesla merger.
After hours on Tuesday, SpaceX’s shares saw a remarkable rise following the company’s announcement of a staggering 161% increase in quarterly revenue. This surge was largely driven by its artificial intelligence operations, which have now eclipsed its Starlink internet service as the leading revenue contributor. This news arrived amidst speculation regarding a potential merger between […]